Lloyd’s of London unveils ‘robust plan’ to create safe workplace following sexual harassment claims March 26, 2019 Lloyd’s of London has unveiled a “robust plan” to create a safer workplace following reports of sexual harassment. The package of measures focuses on making it easier for staff to lodge complaints and includes an independent survey on the company’s culture and a review of practices. Read more: Shadow City minister pushes Lloyd's of London [...]
BBC pulls podcast content from Google’s rival service March 26, 2019 The BBC has blocked its podcasts from appearing on Google's own rival services, including Google Assistant. New episodes for BBC podcasts stopped appearing on the Google Podcast app sometime on 19 March, according to Pod News, with podcasts now being removed entirely from the platform. BBC distribution and business development director Kieran Clifton confirmed that the [...]
Global emissions reach record high as energy demand speeds up – IEA March 26, 2019 Global energy demand grew at its fastest rate since 2011 last year, pushing up carbon emissions to their highest point in history. Data from the International Energy Agency shows that renewable energy sources accounted for less than a quarter of the global increase, despite showing double-digit growth. Read more: Opec cuts hit the spot as [...]
EU watchdog boss confident ‘no imminent risk’ to banks from no-deal Brexit March 26, 2019 A no-deal Brexit would bring no imminent risks to Eurozone banks, the head of an EU banking watchdog has said. Elke Koenig, head of the Single Resolution Board (SRB) – which deals with failing banks – said EU and UK financial institutions, as well as Eurozone lenders, had put in the preparations to avoid financial [...]
US consumer confidence falls as worries about the economy mount March 26, 2019 US consumer confidence declined in March following an increase in February, the latest data has shown, as Americans raise concerns about the economy The widely-watched consumer confidence index, released today by US business research group The Conference Board, now stands at 124.1, down from 131.4 in February. Read more: Fed slows balance sheet reduction and holds [...]
Former Aviva boss pay halved in 2018 as insurers gets tough on bonuses but could still net a further £4m March 26, 2019 Former Aviva chief executive Mark Wilson had his pay more than halved last year but could net a further £4.1m after quitting the insurance giant. Wilson, who was brought in to turnaround the business in 2013, stepped down in October last year after the company decided it needed new leadership to boost shareholder value. Read [...]
JCB digs out £65m for sixth Indian factory as manufacturer continues expansion March 26, 2019 British digger manufacturer JCB is to splash out £64m on a new factory in India, its biggest market. The firm, which has been manufacturing in in the country for 40 years, said the new plant would make parts for global production lines. Read more: JCB quits membership of the CBI JCB already has factories in Delhi, [...]
Theresa May’s Brexit plans in tatters as DUP call for long delay over backing her ‘toxic’ deal March 26, 2019 Theresa May’s Brexit plans suffered another setback today as the Democratic Unionist Party said they would prefer to delay the UK’s departure from the EU over supporting her “toxic” deal. Sammy Wilson, the DUP’s Brexit spokesman, said his party’s 10 MPs would only vote for the deal if there are “significant changes” to the text [...]
Michelle Obama’s Becoming memoir sells 10m copies March 26, 2019 Former first lady Michelle Obama's memoir has sold 10m copies after just five months on shop shelves, helping push revenues at her publisher to its highest in more than a decade. Read more: Uber cars stock children's books in drive to boost bedtime reading German media giant Bertelsmann has a 75 per cent stake in Penguin Random [...]
Domino’s to shake-up top team amid ongoing row with franchisees March 26, 2019 Domino’s Pizza is preparing to replace three of its most senior executives amid a damaging row with franchise holders, it emerged today. The chain said it is succession planning for chief executive David Wild, chairman Stephen Hemsley and senior independent non-executive Helen Keays. Read more: Domino's Pizza hits back at reports it misled the City [...]