PwC to challenge staff business trips in move to reach net zero target December 9, 2023 PwC has introduced a programme that will challenge the type of travel staff will take for business trips, in a move to reduce its carbon footprint. According to the Financial Times, senior UK staff were informed that only people travelling on long-haul night flights or those flying for business-critical reasons would be allowed to sit [...]
Passengers face flight delays after Gatwick Airport system outage December 9, 2023 Travellers faced hours of delays at Gatwick Airport on Saturday after a system outage grounded flights. Passengers flying to and from the West Sussex airport reported planes being stuck on the tarmac after the problems hit at around 8am. The airport said the air traffic control outage had since been fixed, but apologised for ongoing [...]
COP28: Supermarkets to be banned from selling products linked to illegal deforestation December 9, 2023 Supermarkets will be prohibited from selling goods containing palm oil, cocoa, beef, leather and soy that come from land linked to illegal deforestation under Government plans. Environment Secretary Steve Barclay set out new laws on Saturday designed to lessen the contribution of consumers to the damage doled out on precious habitats and endangered species. The [...]
EU agrees landmark deal on world’s first Artificial Intelligence Act December 9, 2023 European Union negotiators have clinched a deal on the world’s first comprehensive artificial intelligence rules. The agreement paves the way for legal oversight of technology used in popular generative AI services such as ChatGPT that has promised to transform everyday life and spurred warnings of existential dangers to humanity. Negotiators from the European Parliament and [...]
Unions to set out plans to resist anti-strike law at TUC conference December 9, 2023 The Government’s controversial new law to provide minimum levels of service during strikes will be attacked on Saturday at a special conference attended by leaders of the country’s biggest trade unions. The TUC has called its first special national conference in more than 40 years as it steps up opposition to new regulations announced by [...]
Pro-Palestine protest calling for ceasefire held in central London today December 9, 2023 A pro-Palestine protest calling for a ceasefire in the Israel-Hamas war will march through the streets of central London on Saturday. The march will start at Bank Junction at midday and finish in Parliament Square, with an exclusion zone prohibiting any protesters from assembling around the Israeli Embassy. It comes after the UK chose to [...]
Meet the UK’s Young Banker of the Year December 9, 2023 The winner, Nick Herd of Sainsbury's Bank, was presented with a £1,000 prize and an additional £1,000 for a charity of his choice.
Exclusive: London’s councils are half a billion in the red. Council Tax will go up – but will it be enough? December 9, 2023 London’s councils are trapped in a “perfect storm” after research found the boroughs are teetering on the financial brink facing a half a billion pound deficit.
Is 2024 time to buy as house prices stabilise? The latest data says… maybe December 8, 2023 House prices are expected to fall by two per cent next year, according to the latest reading from Zoopla, as the hangover from high mortgages appears to be dragging into next year. While slipping house prices can often be an indicator of poor economic health, house prices still remain around £40k above pre-pandemic levels. The [...]
FCA proposes simpler financial advice to cut costs for consumers December 8, 2023 The Financial Conduct Authority has proposed simplifying rules on financial advice to allow banks, insurers and investment firms to give information to less wealthy customers without having to comply with stringent safeguards that bump up fees.