The Treasury hopes the scheme will ultimately support 129,000 businesses. Some 80% of hospitality firms stopped trading in April following the coronavirus lockdown and 1.4 million workers in the sector have been furloughed – the highest proportion of any sector. … [Read more...] about Eat out to help out used 10.5m times in scheme’s first week
Business
UK cities should work for the people who live in them, not for distant shareholders
Advertisers love agglomeration because it fuels an urban buzz they can seize upon to grow demand. But as land and property values increase, local people are often priced out of areas and urban culture is eroded. Instead of vibrant high streets with a diversity of local businesses, we get areas with multiple franchises of the same chains. Against a backdrop of loosened municipal planning policies and low corporation tax, city centres become little more than places for wealth to be extracted and funnelled into the bank accounts of global investment companies and their shareholders. … [Read more...] about UK cities should work for the people who live in them, not for distant shareholders
Investors that manage US$47tn demand world’s biggest polluters back plan for net-zero emissions
The targeted companies are collectively responsible for up to 80% of global industrial emissions. They include mining giant BHP, which last week promised to reduce emissions from its operations by 30% over the next decade on a path to net zero by 2050 after sustained pressure from activist shareholder groups. … [Read more...] about Investors that manage US$47tn demand world’s biggest polluters back plan for net-zero emissions
Recruitment demand rises, but employers can’t find enough workers
Lê Thị Huệ, 22, who lost her job at Huê Phong Footwear Company in May due to a lack of orders, is still looking for a job. Many companies need garment workers, but Huệ wants to work at a leather and footwear company. … [Read more...] about Recruitment demand rises, but employers can’t find enough workers
Infosys to acquire GuideVision for up to €30 million
Narsimha Rao Mannepalli, EVP and Head - Cloud and Infrastructure at Infosys, said GuideVision’s addition is another significant step towards strengthening Infosys Cobalt offerings portfolio, bringing the combination of services, solutions and platforms that acts as a force multiplier for cloud-powered enterprise transformation. … [Read more...] about Infosys to acquire GuideVision for up to €30 million
