Ferry firm ‘tore up PR handbook and flushed every page down the toilet’ March 21, 2022 Communications experts have said P&O’s decision to fire staff was”devoid of decency” and an example of”tearing up the PR handbook and flushing every page down the toilet”. Public relations agency chiefs told City A.M. over the weekend that the way in which P&0 let staff go could give government authorities more of a free hand [...]
North Sea round-up: Harbour Energy announces cash bonanza while Shell keeps Cambo stake March 17, 2022 Harbour Energy, the biggest oil and gas producer in the UK North Sea, has revealed it should generate up to $1.7bn (£1.29bn)
HSBC sets out more ambitious climate targets after pressure from investors March 16, 2022 HSBC has scaled up its climate commitments today after coming under fire from a group of investors convened by activist shareholder group ShareAction.
HSBC dives into metaverse amid shutdown of bank branches March 16, 2022 HSBC is swapping the physical world for virtual reality with plans to build a metaverse amid the closure of dozens of physical bank branches.
HSBC to permanently shutter 69 bank branches after footfall plummets March 15, 2022 HSBC has announced today it will permanently shutter 69 of its bank branches across the country after the pandemic and the rise of digital banking caused usage to plummet.
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Onlookers expect Russia to default on £90m duo international bond repayments March 15, 2022 Onlookers are expecting Russia to default on its foreign creditors, as Moscow seeks to repay two bonds in roubles – which has fallen over 40 per cent against the dollar. It would be the first time this had occurred since the Bolshevik revolution in 1917 under Bolshevik Lenin, The Times first reported. Russia’s economy is [...]
Ford accelerates EV transition with seven new cars March 14, 2022 Ford has announced plans to introduce seven new electric vehicles to the European market by 2024 - including four commercial vehicles.
Small business lending tumbles amid strong economic rebound March 14, 2022 A strong economic recovery from the Covid-19 crisis led to borrowing among small businesses falling off a cliff last year, reveals fresh figures published today. Small firms took on £22.6bn in debt over the whole of 2021, down over 64 per cent compared to the previous year, according to figures from banking body UK Finance. [...]