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Business

  • Tech startup helps businesses to combat £9bn waste in productivity due to poor mental health

    September 28, 2022

    12 billion workdays lost annually to mental ill-health but young entrepreneur thinks he has the solution. Mental health issues in the workplace are costing the global economy over £9bn ($1tn) due to lost productivity say international agencies.  The World Health Organization (WHO) and the International Labour Organization (ILO) are calling for “concrete actions” as depression [...]

  • Ince settles former executives’ claims with £15,000 payouts each

    September 28, 2022

    Ince has paid two of its former executives £15,000 each to settle a series of cases arising from the listed law firm’s decision to remove them from their posts. The maritime specialist law firm, which is listed on London’s AIM, said it has paid former chief executive Adrian Biles, and former finance chief, John Biles [...]

  • Amigo shareholders rebel over chief’s £600k paypacket

    September 28, 2022

    Beleaguered lender Amigo Loans faced a rebellion from shareholders today as nearly half of its investors voted against a proposed £600,000 pay packet for its chief executive.

  • 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 [...]

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