Victoria Beckham cuts staff at fashion label to go 'back to basics'

The pop star turned fashion designer will make around 20 redundancies in London in response to Covid-19 pandemic

Victoria Beckham is to cut staff at her fashion label by nearly a fifth, a loss of around 20 jobs, as the impact of the coronavirus pandemic continues to hit hard across all echelons of fashion and retail.

The redundancies are the latest upheaval in what has been a rollercoaster season for Beckham. A decision to furlough 30 staff at the beginning of lockdown met with a backlash against the proposed use of public funds by the pop star turned fashion designer, who has an estimated net worth of £335m. The decision was reversed two weeks later.

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Ludean Protocol, Theta Network Partner to Increase Gaming Exposure on Both Platforms

The Ludean Protocol, a gaming social network in South Korea, has partnered with the Theta Network, a “decentralized video delivery network” powered by blockchain technology, in an attempt to bring in more viewers and increase the exposure of each platform, a press release from both groups notes.

This partnership will see GameTalkTalk, a decentralized app on the Ludena Protocol, integrating the Theta protocol to reward its users for accomplishing challenges related to games, the release notes.

Those on the platform will earn TFUEL tokens for watching streams as well as sharing their own videos within the network, the release also states. Anyone who engages with the platform will be rewarded.

Speaking on the matter is the CEO of Theta Labs, Mitch Liu, who said:

“GameTalkTalk is an ideal partner to launch our Theta Live Mobile Embed product powered by the Theta Network, allowing viewers to relay esports and game

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Ofgem takes action on 'unscrupulous' UK energy brokers

Regulators’ plans aim to stop energy brokers overcharging small businesses and local bodies including care homes

The energy regulator has vowed to crack down on “unscrupulous” brokers that have overcharged charities, community sports clubs, and care homes for their energy by hiding their inflated commission charges.

Ofgem set out the plans to help prevent more than a million microbusinesses from being ripped-off by unregulated energy brokers after finding that some were paying thousands of pounds more than they needed to.

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Bitcoin Cash Price Prediction: BCH/USD Breaks Out of a Tight Range; Journey to $350 Begins

BCH Price Prediction – July 28

The Bitcoin Cash (BCH) is riding the bulls on the daily chart as the traders are expected to have a great week ahead.

BCH/USD Market

Key Levels:

Resistance levels: $325, $335, $345

Support levels: $250, $240, $230

BCHUSD – Daily Chart

BCH/USD bulls today makes an attempt to crack the resistance of $300 but got rejected at $297.91. However, the coin is trading at $293.49 at the time of writing. The price is also moving around the upper boundary of the channel. The technical indicator also points towards continued bullish action. It is only a matter of minutes before the bulls take down the resistance at $300 and shift the focus to $320.

However, BCH/USD price has continued to consolidate itself in a flag formation, waiting for a potential breakout. The daily chart shows us that BCH/USD had dropped slightly to $261.16 which is … Read more

Amazon plans big expansion of UK online grocery service

Company seeks to capitalise on uplift in demand following Covid-19 lockdown restrictions

Amazon is stepping up its competition with British supermarkets by pressing ahead with the wider UK rollout of its online grocery service by the end of the year.

Larger orders on Amazon Fresh will be free to members of the online retailer’s Prime service from Tuesday and will begin to cover more areas in the UK, as the $1.5tn (£1.2tn) company seeks to capitalise on the growth in doorstep deliveries during the coronavirus pandemic.

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