Co-Op to offer water burials in bid to make funerals more sustainable July 3, 2023 Co-op Funeralcare has announced plans to offer a new form of burial as a sustainable alternative to traditional burials or cremation. The UK’s largest funeral provider announced on Sunday that it will introduce the practice, called resomation – also known as water cremation or alkaline hydrolysis – later this year. The practice consists of the [...]
City PR firm sells majority stake to global investment house as M&A boom continues July 3, 2023 ANOTHER of the City’s best-known PR firms – more used to announcing transactions than being a part ofthem – has become the subject of a multi-million pound deal. Bahrain-headquartered Investcorp has taken a majority stake in SEC Newgate for around $100m (£78.7m), valuing the PR outfit at $250m (£196.8m). SEC Newgate grew out of the [...]
Burning car hits Mayor’s home as Paris riots continue overnight July 2, 2023 Young rioters clashed with police late on Saturday and early on Sunday and targeted a mayor’s home with a burning car as France faced a fifth night of unrest sparked by the police killing of a teenager, but overall violence appeared to be reduced compared with previous nights. Police had made 719 arrests nationwide by [...]
Gerry Murphy to take chairman role at Tesco after John Allan resignation July 2, 2023 The UK’s biggest supermarket chain Tesco has appointed a new chairman after his predecessor stepped down amid allegations of inappropriate behaviour. Dr Gerry Murphy, current chairman of luxury fashion brand Burberry and Tate & Lyle, the ingredients maker, is to replace John Allan in the top job, Tesco said. He will take up the role [...]
Just Stop Oil protesters disrupt London Pride over ‘high-polluting’ sponsors July 1, 2023 Just Stop Oil protesters have disrupted London’s Pride march in protest over the parade accepting sponsorship money from “high-polluting industries”.
Top U.S. banks raise dividends after sailing through Fed stress tests July 1, 2023 U.S. banks including JPMorgan Chase, Wells Fargo, Goldman Sachs and Morgan Stanley hiked their third-quarter dividends on Friday after sailing through the Federal Reserve's annual health check
Odey Asset Management pushes to restructure funds July 1, 2023 Odey Asset Management (OAM) has proposed to restructure two of its key funds, according to letters to investors reviewed by Reuters, as part of efforts to extract founder Crispin Odey from the business after several assault and harassment allegations surfaced against him.
Architect of water privatisation defends decision amid Thames Water turmoil July 1, 2023 Lord Michael Howard, one of the architects of water privatisation, defended the decision amid questions over Thames Water’s future.
Some high street iced coffees have more sugar than Coca-Cola, Which? report claims July 1, 2023 Iced coffee drinks from high street chains can contain more sugar than a Mars bar or can of Coca-Cola, a survey has found. Which? compared frappes and frappuccinos from Caffe Nero, Costa and Starbucks to find many had “exceptionally high” amounts of sugar. One of the unhealthiest options was a Starbucks caramel frappuccino with semi-skimmed [...]
Tesco slashes price of 500 essentials including fruit and veg, rice and tuna to help shoppers with cost of living June 30, 2023 Tesco has cut the price of more than 500 household essentials, in a boost to shoppers after the surge in the cost of living. The supermarket giant confirmed reductions in the price of key products such as fruit and vegetables, rice and tuna, as retailers have faced growing scrutiny over higher food costs. Latest official [...]
