Amazon UK to splash £170m on pay rises amid inflation fears
Massive wage boost for frontline staff
Amazon UK is set to pump £170 million into two hefty pay raises for its frontline workers over the next six months. The pay hikes have even grabbed the attention of the Bank of England, which is monitoring inflation closely.
Starting October 15, minimum hourly pay will jump by at least £1, landing between £11.80 and £12.50, varying by location. Then, by April next year, wages will climb again to between £12.30 and £13 per hour.
Biggest pay rises in years
Overall, this equals a 20% increase over two years and a massive 50% rise since 2018.
Amazon UK employs 75,000 staff and is also kicking off recruitment for 15,000 seasonal roles ahead of Christmas.
This comes hot on the heels of supermarket giants Morrisons and Aldi announcing plans to hire 3,500 and 3,000 extra Christmas workers respectively.
International airlines pull flights as tensions escalate in Israel
Several major airlines have axed flights to Israel amid worsening security concerns. Virgin Atlantic alone cancelled eight flights between London Heathrow" data-wpil-keyword-link="linked">London Heathrow and Tel Aviv from Saturday through Wednesday.
Wizz Air and EasyJet have also suspended flights to and from Tel Aviv until further notice, prioritising passenger and crew safety.
Telecom giant 1 teams up with Intel and Nokia to boost Open RAN tech
Mobile operator 1 is collaborating with Intel and Nokia to push Open RAN networks, which let operators use equipment from different suppliers for more flexibility.
Despite dominance from Ericsson, Nokia, and Huawei, 1 aims to speed up Open RAN adoption. Back in 2022, 1 joined forces with Intel to design custom chipsets at Vodafone’s Malaga campus.
These chips will be shared with smaller vendors, allowing them to innovate without hefty silicon development costs.
