A drought of willpower: The UK’s struggle to meet its water needs September 28, 2022 The proposed super reservoir to meet the UK's water needs could be a key litmus test for the Government's desire to boost infrastructure.
Exclusive: Communities should be offered stakes in wind farms, says expert September 28, 2022 Local communities should be offered stakes in onshore wind farms, to get a direct benefit from green projects, argued Dr Rebecca Windemer.
New Betfred penalty signs off a summer of fines from the gambling watchdog September 28, 2022 Adding to what feels like a summer of fines for betting firms, the Gambling Commission whacked Betfred with a fresh £2.87m penalty this morning for social responsibility and anti-money laundering failings. The failures include a lack of controls, which meant one punter lost £70,000 in a 10-hour period just a day after opening an account. “This [...]
Banks need WhatsApp alternative fast to dodge hefty fines, warns former FCA official September 28, 2022 Banks and brokerages need to roll out new messaging platforms fast to “crack down” on the use of Whatsapp by staff, a former City regulator warned today, after US regulators slapped a group of Wall Street giants with $1.8bn worth of fines.
Nord Stream explosion signals challenging winter for Europe September 28, 2022 Experts warned the Nord Stream crisis could beckon future unpredictability across Europe, warned experts.
JPMorgan set to double UK headcount of digital bank Chase September 28, 2022 JPMorgan is planning to double the headcount of its British digital bank Chase in the next two years as it looks to guzzle up market share from the UK’s fintech lenders.
Virgin Atlantic removes need for staff members to wear gendered clothing September 28, 2022 Virgin Atlantic has unveiled a new policy which removes the requirement for staff to wear gendered clothing. The British airline will now allow crew, pilots, and ground teams to wear either red or burgundy depending on their gender identity – removing the previous need for men to wear burgundy and women, red. In a move [...]
Lego builds on sales surge as profits hit £750m September 28, 2022 The Lego group revealed a 17 per cent surge in revenues in the first six months of the year as it beat expectations with net profit of DKK 6.2bn (£750m).
DX Group to bring back dividend policy after delivering bumper profits September 28, 2022 DX Group has confirmed the resumption of its dividend policy next year, following a hefty boost in revenues this year.
Boohoo revenue and profit struggles in first half of 2022 as expectations lowered September 28, 2022 Fashion retailer Boohoo struggled in the first six months of the year with a 10 per cent decline in revenue and a 90 per cent fall in profit before tax. The beleaguered retailer’s gross profits were down 13 per cent in the first six months of the year, compared to 2021, as the firm struggled [...]