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Rental e-scooters to be made legal in UK

Bloomberg Rental e-scooters will become legal on UK roads from July 4 after the government published the rules companies must follow to deploy the electric vehicles. Large-scale trials can start at the weekend and last for a year, the Department for Transport said in a statement. It will closely monitor activity and public feedback with a view to fully legalising ...

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Accenture cuts up to 900 jobs

Bloomberg Consulting firm Accenture is cutting up to 900 jobs, or 8% of its UK workforce, as the coronavirus pandemic prompted a sharp slump in demand for its advisory work. Between 700 and 900 jobs will be affected by the planned cuts, an Accenture spokesman said Thursday in an email. The company has notified staff and plans “collective consultation” for ...

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Daimler CEO sees ‘drastic’ pay cuts, deeper restructuring

Bloomberg Daimler AG Chief Executive Officer Ola Kallenius said the maker of Mercedes-Benz cars and the industry as a whole face painful cutbacks to overcome the economic fallout of the Covid-19 pandemic. The virus outbreak will force manufacturers to do more significant restructuring than they had planned before the crisis erupted, Kallenius said during a webcast hosted by Germany’s largest ...

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