Russia retreats from Kherson in major setback for Putin November 9, 2022 Russia has ordered its troops to retreat from the Ukrainian port city of Kherson in a major setback for Vladimir Putin’s war effort. Russian general Sergei Surovikin today said it was no longer possible to supply the city and the western bank of the River Dnipro. Kherson, which had a pre-war population of 280,000, was [...]
Barclays faces court over £40m breast implant scandal November 9, 2022 Barclays today faced claims it helped a private healthcare company avoid paying compensation to women given faulty breast implants by a private healthcare firm. The bank is accused of working with Midlands law firm The Wilkes Partnership to restructure Hospital Medical Group (HMG), in order to help it avoid paying compensation to women given faulty [...]
Net zero is important to most businesses but few track supply chain emissions, finds Deloitte November 9, 2022 Net zero is continuing to fall to the bottom of the priority list for most organisations in the UK despite glowing pledges, according to a report by Deloitte today. Just a quarter of public and private sector bodies track emissions across their supply chain, also known as scope 3 emissions, the report in collaboration with [...]
Purplebricks shareholder seeks to oust chairman once again November 9, 2022 Purplebricks shareholder Lecram Holdings has once again sought to oust the online estate agents’ chairman following months of lagging growth. The digital agent confirmed today that it had received an order from Lecram to host a general meeting, in which shareholders will be asked to consider removing chairman Paul Pindar as a director of the [...]
Facebook and WhatsApp owner Meta cuts 11,000 jobs November 9, 2022 Over 600 UK Meta employees could lose their jobs as the owner of Facebook launches its biggest job cull in history, cutting 11,000 jobs worldwide. In a note published this morning, chief exec Mark Zuckerberg said he would be reducing the global headcount by 13 per cent, regarding it as “some of the most difficult [...]
Nurses to strike before the end of the year in historic vote November 9, 2022 Nurses in the UK have voted in favour of striking before the end of the year, in the first walkout of its kind. NHS appointments are set to be cancelled after the historic vote from members of the Royal College of Nursing (RCN) union. RCN said its members in the majority of NHS employers in [...]
FTSE 100 plagued by string of downbeat results November 9, 2022 London’s FTSE 100 today was weighed down by investors ditching retail and leisure firms after several large players in the sector revealed they have been hit by the UK economic slowdown. The capital’s premier index edged 0.14 per cent lower to 7,296.25 points, while the domestically-focused mid-capo FTSE 250 index, which is more aligned with [...]
Lisa Osofsky to step down as SFO director in August 2023 November 9, 2022 Lisa Osofsky is set to leave her position as director of the UK’s Serious Fraud Office (SFO) in August 2023 after completing a five-year stint at the fraud investigation agency. Osofsky told staff she will serve her full tenure before leaving the agency, according to an internal message sent out by the SFO chief. In [...]
Union GMB accuses Addison Lee of delaying workers’ compensation as operator goes back to court November 9, 2022 Union GMB has accused Addison Lee of preventing workers from obtaining their compensation after lawyers for the private hire service challenged a Court of Appeal decision from April 2021 on workers’ status. According to the union, Addison Lee said workers’ status should be argued once again in an Employment Tribunal tomorrow. “This once prolific minicab [...]
Octopus looks to slash heat pump costs with Lloyds deal November 9, 2022 Renewable energy firm Octopus has struck a deal with Lloyds Banking Group to roll-out low-cost heat pumps to customers today, in a tie-up that aims to boost the decarbonisation of domestic heating.