Tech could get Britain’s net zero target back on track October 31, 2022 Tech could get Britain back on track to meet its net zero commitment after the chair of the independent Climate Change Committee warned that progress on the target had gone awry in recent months. With the UN’s flagship climate conference COP27 in Egypt one week away, Committee chair Lord Deben told The Independent today that [...]
‘Royal Mail have just declared war on your postie’: Union snubs yet another pay offer October 31, 2022 Postal workers have warned the public that “Royal Mail have just declared war on your postie”, batting away yet another pay offer from the firm. Royal Mail today proposed a new conditional pay-for-change offer to the Communication Workers Union (CWU) worth nine per cent for CWU-grade colleagues. The offer includes a seven per cent salary [...]
Asos eyes cutting 100 jobs as part of turnaround plan for fashion retailer October 31, 2022 Asos is looking to slash 100 jobs as the fashion retailer tries to rebuild after hemograhing losses. The London-listed company confirmed it was launching a consultation on a number of roles across the firm, after it was first reported in RetailWeek. The retailer, which currently employs around 3,300 people, will begin mulling which roles to [...]
Christmas under threat: All poultry must be housed indoors amid ‘largest ever outbreak’ of bird flu October 31, 2022 Christmas turkeys are under threat as a massive outbreak of bird flu1 is forcing the UK to house all poultry and captive birds indoors. From 7 November, the birds will need to be kept indoors and follow stringent biosecurity measures, the chief Chief Veterinary Officer Christine Middlemiss said today. In a statement published by the [...]
Apollo strikes crypto deal with Anchorage in digital asset push October 31, 2022 Asset management giant Apollo has begun holding crypto on behalf of its clients after striking a deal with digital asset bank Anchorage Digital, in a vote of confidence in the future of crypto after a rocky few months in the market.
Braverman admits sending government files on personal emails six times October 31, 2022 Suella Braverman has admitted to sending government documents from a personal email on six occasions before she was sacked as home secretary for the security breach. Braverman, who was brought back as home secretary by Rishi Sunak, said in a letter to a Westminster committee that it happened because she needed her work phone to [...]
M&C Saatchi dodges hostile takeover as offers lapse October 31, 2022 M&C Saatchi has dodged its hostile takeover, with offers from both Next 15 and AdvancedAdvT lapsing. The advertising titan confirmed that directors were unable to back the conditions outlined in Next 15’s “Scheme Document”, and the offer had now expired. Although Next 15 cleared its final regulatory hurdle earlier this month, the offer needed some 75 [...]
Exclusive: The West must accept climate trade-offs in green metal push October 31, 2022 The West should be honest about the environmental effects of mining for vital green metals, argued Amaroq boss Eldur Olafsson.
Libor rigging special: Calls grow to review all convictions of City traders as ‘UK’s position is absurd’ October 31, 2022 A major City scandal that most bankers in London had left behind years ago seems to be coming back with a vengeance. In a new twist in one of the Square Mile’s biggest-ever scandals, the Libor rate-fixing case, British former trader Tom Hayes has had the long-running case against him in the United States thrown out. As [...]
Britishvolt ‘actively working’ on stability amid reports of imminent collapse October 31, 2022 Electric vehicle battery startup Britishvolt is on the verge of collapse, after reportedly running its cash pile dry.