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Spotify founder Daniel Ek to step down as chief executive
Posted onGetty Images Spotify founder Daniel Ek is planning to officially step down from the role of chief executive after two decades at the helm of the music streaming giant. The company said the 42-year-old would be replaced by his two deputies at the end of the year, while he remains on as executive chairman, setting…
Reeves acknowledges she is looking at tax and spending ahead of Budget
Posted onChancellor Rachel Reeves has acknowledged she is “looking at tax and spending”, ahead of her autumn Budget next month. Reeves said she would “always make sure the numbers add up”, in an interview with Sky news against a backdrop of slow economic growth and mounting government debt. The chancellor has previously hinted at tax rises,…
TGI Fridays closes 16 UK stores, with 456 job losses
Posted onJemma CrewBusiness reporter PA Media TGI Fridays has closed 16 of its UK restaurants, putting 456 employees out of work. The American-inspired casual dining chain’s remaining 33 restaurants will continue to operate after the business was sold in a rescue deal. Interpath was appointed as administrator to Liberty Bar and Restaurant group, which managed the…
Scams have grown more sophisticated, but people are fighting back
Posted onAs governments across the world restricted the movements of their citizens during Covid lockdowns from 2020, people spent more time online. We bought more online and socialised more online, and this brought us closer to the people who want to scam us. At the same time, realistic video impersonations, voices, websites, and texts became more…
