Thames Water leaks the same as leaving hosepipe on for 73 years August 24, 2022 Thames Water wastes the same amount of water as leaving a hosepipe on every single day for more than 73 years, trade union GMB has claimed. The union said that Thames Water’s creaking infrastructure loses 635m litres in leaks every single day. The comparison comes as Thames Water today begins to enforce a hosepipe ban [...]
Dividends surge to £469bn as oil and financial firms dish out cash August 24, 2022 Global dividend payouts surged to record levels in the second quarter of the year as oil and financial firms paid out bumper sums to shareholders, new data has revealed.
National Grid to pay factories for gas cuts in emergency plans to fight winter crisis August 23, 2022 The National Grid has drawn up emergency plans to reduce power demand from factories across Britain as the winter crisis bites.
Next winter’s energy crisis will be even worse, warns forecaster August 23, 2022 Next winter's energy crisis will be even worse than this year, unless the West makes fresh efforts to tame demand.
Amazon feeds its ‘inquisitive appetite’ in healthcare sector with Signify bid August 23, 2022 Amazon looks set to continue its push into healthcare with a bid for Signify Health, which provides in-home health evaluations, in a move long predicted by analysts. The Big Tech firm, competing with rival bidders UnitedHealth Group, CVS Health and Option Care Health, has offered the second highest figure for the company, according to Bloomberg. [...]
Fintech lenders have failed to educate FCA on financial crime, says digital bank chief August 23, 2022 Fintech lenders have done a “poor job” of educating the UK’s financial regulators on how to stamp out financial crime as banking has shifted onto digital apps, the chief of Cashplus has said.
Europe’s gas crisis: what does it mean for investors? August 23, 2022 | City Talk Europe faces high gas prices and potential shortages as supply from Russia dwindles. We ask our investment experts what this means for companies, the energy transition, and the eurozone economy. Europe’s precarious gas supply situation has been a prime focus for markets ever since Russia’s invasion of Ukraine at the end of February. The European [...]
Hot in the city: why investors should care about soaring temperatures August 23, 2022 | City Talk As heatwaves become more frequent, city centre buildings will need to adapt. For investors in global cities, keeping a close eye on weather data will become vital. As investors in global cities, we have been using planetary-scale environmental geospatial data since 2019. We have been continuously investigating and mining datasets more commonly found in academic [...]
Thames Water to probe data centres’ water usage August 23, 2022 Thames Water has said it is investigating the impact of data centres on the water supply in the London area. “We know there is increased demand for data centres and we have started a targeted exercise to understand how much water is used by them,” John Hernon, Thames Water Strategic Development Manager, said in a [...]
Ukraine: Insurers provide first policy for grain shipment out of war-torn country August 23, 2022 Lloyd’s of London broker Ascot and insurer Marsh have written their first insurance policy for a ship carrying Ukrainian grain out of the country’s Black Sea ports following the signing of Russia and Ukraine’s safe passage deal last month. The shipping insurance policy is set to reinforce the UN brokered deal to reopen Ukraine’s seaports [...]