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BT Group PLC facing more broadband competiton from billionaire backed startup Upp - Vimarsana News

BT Group PLC facing more broadband competiton from billionaire backed startup Upp

The eastern England broadband network has received £1bn of investment from Mikhail Fridman's LetterOne vehicle Upp said it is extensively using Openreach's infrastructure BT Group PLC (LON:BT.A) is facing increased competition from various directions, with reports that a Russian billionaire is funding the rollout of a rival superfast broadband network coming a day after newly merged rival Virgin Media O2 set out its plan to “shake up the market”. Upp, which is planning to roll out full-fibre broadband in eastern England, has announced that LetterOne investment group has taken...

NatWest Group PLC expects 87% of staff to mostly work from home from now on - Vimarsana News

NatWest Group PLC expects 87% of staff to mostly work from home from now on

Roughly 61% of retail banking customers now use only digital channels NatWest Group PLC (LON:NWG) plans for almost nine out every 10 of its staff to mostly work from home in future, after the coronavirus pandemic changed how people bank and companies operated. The FTSE 100-listed bank said expects 32% of staff will have a ‘remote-first’ role and 55% of roles will be ‘hybrid’, working a mix of working from home and from offices or bank branches. This will leave only around 13% of its workforce in the ‘office first’ category, working predominantly in the company’s buildings. “We...

Tesla Inc having to raise prices to cope with rising raw material costs, says Musk - Vimarsana News

Tesla Inc having to raise prices to cope with rising raw material costs, says Musk

The carmaker said had “some of the most difficult supply chain challenges” during the first quarter of 2021

Crowdcube set to rival PrimaryBid as it prepares IPO platform for retail investors - Vimarsana News

Crowdcube set to rival PrimaryBid as it prepares IPO platform for retail investors

Crowdcube set to rival PrimaryBid as it prepares IPO platform for retail investors Stockbroker and Crowdcube shareholder Numis will use the new platform, according to a report in the FT. Crowdcube is reportedly working on an online IPO platform aimed at retail investors, making it a new rival to the London Stock Exchange’s part-owned PrimaryBid. The crowdfunding firm has so far help private businesses land investment and, according to a report in the Financial Times, it has hired a capital markets team. Crowdcube plans to enable retail investors to participate in London IPOs. Stockbroker Nu...

Women over 50 to retire with pension half the size of men's, says Legal & General PLC - Vimarsana News

Women over 50 to retire with pension half the size of men's, says Legal & General PLC

The consequences of decades of gender pay gap and unpaid caring work build up into retirement