In the Square Mile, all the pieces matter to City of London prosperity October 27, 2022 “Earn the commute.” That was the phrase that a host of City hotshots used in a panel discussion earlier this week. It’s a helpful way of understanding the Square Mile’s rebound from the pandemic, and indeed, how it has changed. Today, the City will be at its busiest. Thursday is the new Friday, after all, [...]
We must not put a salami slicer to our public services in a bid to balance the books October 27, 2022 Our country is deeply in debt, with a deficit that is viewed by the markets as on an unsustainable path. The mini-budget and the subsequent reaction from the markets have undoubtedly made the situation significantly more challenging. The new prime minister must now seize the opportunity to restore fiscal credibility. Both unfunded tax cuts and [...]
As Gove returns to the toxic housing seesaw, inflation will become his worst enemy October 27, 2022 After Monday’s reshuffle, and the new prime minister’s promise to fix the mistakes of his predecessor, can we expect some much needed stability in politics? Perhaps that’s wishful thinking, given the psychodrama that has rocked the Conservative party for the past year. But for those who are looking for some measure of consistency, there might [...]
Letters: Avoiding the walk of shame October 27, 2022 [Re: FCA poised to clampdown on greenwashing with ‘ESG’ curbs, yesterday] The FCA has spoken. UK firms must walk the walk, and not just talk the talk on ESG. Firms now require a variety of different data points, multiple ESG data sources for those data points where available, and their own analytical capability to digest [...]
Inmarsat president: Governments must solve space junk to reach net zero October 27, 2022 British satellite giant Inmarsat has a message to governments worldwide: “Make sure space is still available to all” or risk losing out on significant CO2 reduction benefits. With the likes of Elon Musk ramping up activity in space, it has been warned that an average of one tonne of ‘stuff’ could be launched into orbit [...]
Saved by the bell: Drax showdown cut short as MPs summoned to votes October 26, 2022 There were "a lot of errors" in the BBC Panorama's expose of Drax's logging practices, argued the firm's leading energy expert.
Growth for Durex owner Reckitt as punters find new way to warm the home October 26, 2022 CONSUMER giant Reckitt enjoyed another bumper quarter heading into the winter – with strong momentum in one particular category suggesting consumers across the world might have found alternative ways to keep warm amid the energy crisis. The firm said it had seen “strong growth” in its intimate wellness portfolio, which includes Durex and KY, alongside [...]
So-so energy: Supplier’s push for funds is a worrying sign for the market October 26, 2022 So Energy's scramble for funds this winter reflects the stark reality that the industry crisis is far from over, as another winter looms.
Spotify calls out ‘kafkaesque’ App Store regulations in its audiobook push October 26, 2022 The boss of Spotify has criticised Apple for stifling its big break into audiobooks, calling its rules around customer access “kafkaesque”. The music streaming firm first announced that it would be pushing into audiobooks back in September, offering a potential rival to Amazon’s Kindle services in the US market. However, Spotify CEO Daniel Ek told [...]
FTSE 100 weighed down by banks and pound strengthens on Sunak’s second day in No 10 October 26, 2022 London’s FTSE 100 was dragged down today by investors ditching shares in the UK’s largest banks despite a strong set of results, but managed to squeeze gains thanks to a late rally. The capital’s premier index jumped 0.61 per cent to over the 7,000 mark points, while the domestically-focused mid-cap FTSE 250 index, which is [...]
