Government to review UK regulators in hunt for post-Brexit ‘advantages’ regulation The government has committed to review the UK’s sprawling regulatory system today in a bid to strip back red tape and find “post-Brexit regulatory advantages”. In a statement from the Conservative party conference today, business secretary Kemi Badenoch said the government would kick off an “in-depth review” of how regulators work in the UK. The [...]
Coutinho: Firms to be given more rooftop space for solar energy Businesses will be able to use more of their rooftops to generate solar power to reduce the technology’s presence in the countryside.
UK industry risks falling foul of EU’s new carbon tax energy British businesses selling into the European Union are unprepared for the bloc's new carbon tax and run the risk of penalties.
Stocks and sandals: Birkenstock targets over $9bn valuation in US IPO October 2, 2023 Birkenstock said today that it is seeking a valuation of up to $9.2bn in its highly anticipated US initial public offering.
War with Taiwan would ‘collapse the Chinese economy’, Cleverly tells Tory conference October 2, 2023 China’s economy would collapse if it went to war with Taiwan, James Cleverly said, as he defended his policy of “clear eyed” engagement with Beijing. The Foreign Secretary said concerns about the strength of China’s economy were already forcing the ruling Communist Party to change course. Cleverly became the first UK Foreign Secretary to visit [...]
UK down to last coal plant as households are urged to save energy this winter October 2, 2023 Just one coal fired power plant remains operating in the UK energy market ahead of winter, with ESO telling customers to save energy.
Sharon White: What went wrong at John Lewis — and who might pick up the pieces? October 2, 2023 Appointed with no retail experience, Sharon White's time at the top of John Lewis will come to an end after just five years
Archer Daniels Midland broker fined £6.5m for lax anti-money laundering controls October 2, 2023 The brokerage arm of US food processing giant Archer Daniels Midland (ADM) has been fined nearly £6.5m for “inadequate” anti-money laundering controls. The watchdog said that the nature of the ADM Investor Services International‘s business and client base presented potentially high levels of risk because of its business model, geographical location of customers, and high-risk [...]
London races ahead of San Francisco on fintech as chiefs rally behind reform October 2, 2023 London tech chiefs have called on the government to push ahead with reforms today after a new survey showed that London has climbed above San Francisco as a global hub for fintech for the first time.
Peel Hunt eyes ‘encouraging’ shoots of recovery after deals drop off October 2, 2023 Investment bank Peel Hunt said it was seeing “encouraging signs” of recovery today after a sharp drop off in deals and listings over the past year. In a trading update this morning, the mid-market specialist said said it has seen a “prolonged period of adverse market conditions” since the end of 2021 but revenues had [...]