More train strikes announced over jobs, money, and conditions.

Creative Media NewsFriday, 15 July 2022, 16:000

More than 40,000 workers from Network Rail and fourteen train operating companies will participate in the strike. The RMT union has announced two further days of train strikes on August 18 and 20 over jobs, pay, and working conditions. More than 40,000 workers from Network Rail and fourteen train operating companies will participate in the...

Cost of living: From today, more than eight million households receive £326 in their bank accounts.

Creative Media NewsThursday, 14 July 2022, 11:000

Those eligible for the cash will be reimbursed immediately; no application is required. Today, almost eight million households will get the first of two payments designed to assist with the expense of living. As part of the government’s £37bn support package for individuals on means-tested benefits, nearly one in four low-income households in England, Wales,...

Turkey’s price increases are the fastest in 24 years.

Creative Media NewsTuesday, 5 July 2022, 6:000

According to the most recent official data, Turkey’s inflation rate is the highest it has been in twenty-four years. In June, the annual rate of inflation, or the rate at which prices are rising, reached 78.62 percent, which was slightly higher than anticipated. The Ukraine conflict exacerbated price increases in the housing and transportation sectors....

Due to 15 years of stagnant wages, British families are ‘brutally exposed’ to the cost of living crisis, according to a report.

Creative Media NewsTuesday, 5 July 2022, 5:000

A report found that 15 years of stagnant incomes have left families “brutally exposed” to the cost of living crisis. In the 15 years preceding the pandemic, the average income of families with working-age members increased by only 0.7% per year. This is considerably slower than in preceding decades. According to the Resolution Foundation, this...

The chief operating officer of EasyJet resigns.

Creative Media NewsTuesday, 5 July 2022, 4:000

The chief operating officer of EasyJet has resigned following a string of flight cancellations and disruptions at the airline over the past few weeks. Peter Bellew, according to the airline, resigned “to pursue other business opportunities.” The chief executive officer of EasyJet, Johan Lundgren, stated, “I’d like to thank Peter for his hard work and...

In a decade, the number of pubs falls by 7,000 to a record low.

Creative Media NewsTuesday, 5 July 2022, 3:000

According to new research, there are now fewer than 40,000 pubs, the lowest number on record. According to research, there are 7,000 fewer pubs in England and Wales than there were a decade ago. According to real estate consultants Altus Group, their total number fell below 40,000 in the first half of 2022, the lowest...

Could you be substituted by a machine? One-third of businesses plan to invest in automation due to labor shortages, according to a survey.

Creative Media NewsTuesday, 5 July 2022, 2:000

According to a report, businesses with recruitment difficulties are most likely to prioritize automation. One-third of businesses plan to invest in automation as a top priority in response to labor shortages, according to a survey. According to the report from HSBC, companies with recruitment issues are most likely to prioritize automation. Forty percent of the...

Broadcasters Face A Revenue Crunch, Ofcom Is Considering Longer And More Frequent TV Ad Breaks

Creative Media NewsMonday, 4 July 2022, 4:000

Currently, public broadcasters are restricted to a daily average of seven minutes of advertising per hour, whereas private channels are permitted nine minutes of advertising and an additional three minutes for teleshopping. As part of a review of British broadcasting regulations, commercial breaks could become longer and more frequent. Ofcom has stated that market developments,...

Ruja Ignatova has been added to the FBI’s Most Wanted list.

Creative Media NewsMonday, 4 July 2022, 2:000

Ruja Ignatova is accused of defrauding investors out of $4 billion (£3.3 billion) by peddling OneCoin, a fraudulent cryptocurrency. The FBI has added a Bulgarian woman known as “Cryptoqueen” to its list of 10 most-wanted fugitives. Ruja Ignatova is accused of defrauding investors out of $4 billion (£3.3 billion) by peddling OneCoin, a fraudulent cryptocurrency....

Premier League wagers on betting company settlement.

Creative Media NewsMonday, 4 July 2022, 0:000

The Premier League has informed the government that it will phase out front-of-shirt branding for gambling companies, but will allow them to continue branding shirt sleeves. In proposals presented to ministers, the Premier League has proposed phasing out front-of-shirt sponsorship by gambling companies over the next few years while allowing them to maintain an indefinite...

Klarna investors are requested to commit to funding as the company’s value falls to $10 billion.

Creative Media NewsSunday, 3 July 2022, 22:000

Klarna, a provider of buy-now-pay-later credit, is attempting to finalize a fresh capital injection that will likely value it at less than $10 billion, or just 20 percent of its value two years ago. The buy-now, pay-later credit provider’s valuation is expected to fall below $10 billion as it finalizes plans to raise approximately $600...

Former Man City executive Tom Glick to assume a key position at Chelsea.

Creative Media NewsSunday, 3 July 2022, 20:000

Tom Glick could be named within days by Chelsea’s new owners to oversee the club’s day-to-day operations in the Premier League. Tom Glick, a former executive at the parent company of Manchester City FC, will take over the day-to-day operations of Chelsea Football Club following its £2.5bn acquisition. Mr. Glick’s appointment by Chelsea’s new owners...

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