‘Unsubstantiated, shrill, partisan, self-serving, apocalyptic warnings ALWAYS wrong’, says HSBC official on climate change impact May 20, 2022 A top HSBC banker has claimed global authorities are overplaying the impact of climate change, saying “unsubstantiated, shrill, partisan, self-serving, apocalyptic warnings are ALWAYS wrong”. The banking giant’s head of responsible investing, Stuart Kirk, made his controversial claim during a presentation on a slide during a London conference yesterday. HSBC said his views did not [...]
Johnson: Can’t ‘magic away’ cost of living problems but UK will draw on ‘fiscal firepower’ May 20, 2022 Boris Johnson has said the government will have to draw upon its “fiscal firepower” to get through the cost of living crisis, but there is no way he can “magic away” the problem. Speaking at a conference in Wales today, the prime minister said Britain will “get through” its current problems, marked by a 40-year [...]
Partygate: ‘Sense of injustice’ among women and low-paid Downing Street staff over fines dished out May 20, 2022 There is reportedly anger among Downing Street’s low-paid female junior staff who racked up partygate fines. ITV’s political editor Robert Peston said there was a “sense of injustice” because of the 126 officials fined by the Met, they disproportionately fell on women and junior officials. He quoted a source which said most were “very junior [...]
Monkeypox: Sajid Javid and WHO hold meeting after UK virus cases double to 20 May 20, 2022 Health Secretary Sajid Javid and the World Health Organisation are held meetings to discuss the Monkeypox outbreak in the UK following a doubling of cases. After two cases of the virus were reported on Thursday a further 11 were recorded today, taking the total to 20 – amid fears it may be spreading quicker than [...]
Elon Musk rejects ‘wild accusations’ SpaceX paid $250,000 to flight attendant over sexual misconduct claim May 20, 2022 Elon Musk has rejected “wild accusations” his SpaceX firm paid $250K to settle a claim of alleged sexual misconduct by a former flight attendant. The Tesla owner responded to a story first reported by Business Insider, which said that a claim was made in 2018 against him, by someone who previously worked for SpaceX. The [...]
TfL looks for investment partners to take up office space at Bank, Southwark and Paddington stations May 20, 2022 Transport for London is looking for an investment partner to work on commercial developments at the sites of Bank, Paddington and Southwark stations. In a bid to reduce its reliance on fares for income, TFL is looking to offer commercial office space at the stations which could generate significant revenue. All three sites have either [...]
45 per cent of Brits with disabilities admit to concealing them in the workplace to avoid being ‘valued less’ May 20, 2022 Britain is a country uncomfortable speaking about workplace disabilities with almost 45 per cent of those with one concealing it, according to new figures published by Samsung. Research shared by the electronics firm this week firm found almost half of 2,500 people polled did not feel OK using the word ‘disabled’, while 40 per cent [...]
McDonald’s agrees to sell its stores in Russia and warns of $1bn exit loss May 19, 2022 Fast food giant McDonald’s has agreed to sell its Russian stores across 45 regions – but warned it is likely to make a $1bn loss. The chain announced it entered into an agreement with an existing licensee Alexander Govor, who has operated 25 restaurants in the eastern region of Siberia since 2015. This comes after [...]
Policing minister and BRC say ignore call for ‘discretion’ prosecuting shoplifters May 19, 2022 The policing minister has urged officers not to let people off the hook if they steal food in order to feed their families amid a cost of living crisis. Kit Malthouse hit out at the “old-fashioned” thinking put forward by Andy Cooke, the new chief of HM Inspector of Constabulary, who said police should use [...]
HomeServe agrees to £4bn acquisition with founding chief exec and his wife netting £495m May 19, 2022 London-listed firm HomeServe has agreed to a £4bn acquisition, with its founder and his wife picking up a cool half-a-billion. The pipe-fixing company has been bought out by Bidco, a subsidiary of Canadian company Brookfield Infrastructure funds. As part of the agreement, each shareholder is entitled to 1,200 pence per share, with founder Richard Harpin’s [...]