If Europe keeps us out of Horizon and other R&I funds, our universities will suffer February 16, 2023 Post-Brexit alternatives to European funding for research and innovation must match previous sums. Without this vital cash, our universities will suffer a terrible blow, writes Paul Boyle
Boris Johnson brands ULEZ expansion a ‘mad lefty tax’ February 15, 2023 Boris Johnson has branded Sadiq Khan’s plans to expand the ULEZ across the capital a “mad lefty tax” and accused him of “bankrupting TfL”. The ex-prime minister and London mayor weighed in on the row over the controversial scheme, which would see drivers of non-compliant vehicles charged £12.50 a day. In a video posted on [...]
Bill Gates says Britain has ‘all the ingredients’ to be a net-zero leader February 15, 2023 Tech billionaire Bill Gates has said the UK has “all the ingredients” to lead the world on net zero, after he met with prime minister Rishi Sunak at a clean tech summit. Firms including Undaunted, Clean Growth Fund and Legal and General Capital met today to launch Cleantech for UK, a trade coalition worth £6bn. [...]
Neeva eyes future London growth as part of wider European expansion February 15, 2023 Neeva founder and former Google ads boss Sridhar Ramaswamy has endorsed London as a world class place for tech innovation as he rolls out his AI-powered startup across Europe. Speaking with City A.M., the former Silicon Valley exec turned search-engine startup founder said being in places like London is “top of mind” for Neeva as [...]
Financial Services and Markets Bill: who guards the guards? February 15, 2023 Continuing his four-part series on the Financial Services and Markets Bill, Lord Chris Holmes turns the spotlight on the regulators.
FTSE 100 close: London index breaches 8,000 mark for first time ever despite Barclays tumbling February 15, 2023 London’s FTSE 100 today breached the 8,000 point mark for the first time ever despite Britain’s biggest banks tanking after Barclays posted a big profits drop. Today’s move higher crystalises the premier index’s bullish start to 2023 that has seen it surged more than seven per cent. The new year rally builds on advances that [...]
Big Four: EY, Deloitte, KPMG, and PwC step on law firms’ toes increasing legal revenue to £1.25bn February 15, 2023 The Big Four accounting firms – EY, Deloitte, KPMG, and PwC – are capturing an ever-larger share of the global market for legal services. The accounting giants are rapidly expanding their legal businesses, in boosting their own sales and taking work away from traditional firms, the research from Said Business School shows. The world’s four [...]
China will drive oil demand to record 100m-plus barrels per day, keeping prices elevated February 15, 2023 China will drive oil consumption to record levels this year, as the world's second largest economy reopens following sustained lockdowns.
Barclays shares slump to bottom of FTSE 100 as investors take fright at profit drop February 15, 2023 Barclays shares tanked nearly eight per cent today, sending them to the bottom London’s FTSE 100 index, driven by investors fretting over the bank announcing today weaker than expected profits. The firm’s profit in the three months to December last year fell eight per cent to £1.3bn despite a £800m revenue bump, taking the lender’s [...]
Capricorn ditches Newmed merger deal after activist coup February 15, 2023 British oil and gas producer Capricorn Energy has pulled the plug on its planned merger with Israeli gas group Newmed Energy.
