Tech startup helps businesses to combat £9bn waste in productivity due to poor mental health September 28, 2022 12 billion workdays lost annually to mental ill-health but young entrepreneur thinks he has the solution. Mental health issues in the workplace are costing the global economy over £9bn ($1tn) due to lost productivity say international agencies. The World Health Organization (WHO) and the International Labour Organization (ILO) are calling for “concrete actions” as depression [...]
Ince settles former executives’ claims with £15,000 payouts each September 28, 2022 Ince has paid two of its former executives £15,000 each to settle a series of cases arising from the listed law firm’s decision to remove them from their posts. The maritime specialist law firm, which is listed on London’s AIM, said it has paid former chief executive Adrian Biles, and former finance chief, John Biles [...]
Explainer: Why has the Bank of England intervened in financial markets? September 28, 2022 The Bank of England today has stepped into financial markets to try to tame the surge in UK borrowing costs. This morning, it said it will launch a temporary bond buying programme lasting from today to 14 October. The package will be unlimited in scale and will target long-dated UK debt. It is similar to [...]
City minister says government not at fault for markets turmoil September 28, 2022 City minister Andrew Griffith has said the past week’s financial markets turmoil is not the government’s fault as a Tory backlash against the Prime Minister builds. Griffith told Sky news that “every major economy is dealing” with market volatility, after the Bank of England made a stunning decision today to start buying up UK gilts [...]
Amigo shareholders rebel over chief’s £600k paypacket September 28, 2022 Beleaguered lender Amigo Loans faced a rebellion from shareholders today as nearly half of its investors voted against a proposed £600,000 pay packet for its chief executive.
A drought of willpower: The UK’s struggle to meet its water needs September 28, 2022 The proposed super reservoir to meet the UK's water needs could be a key litmus test for the Government's desire to boost infrastructure.
Exclusive: Communities should be offered stakes in wind farms, says expert September 28, 2022 Local communities should be offered stakes in onshore wind farms, to get a direct benefit from green projects, argued Dr Rebecca Windemer.
New Betfred penalty signs off a summer of fines from the gambling watchdog September 28, 2022 Adding to what feels like a summer of fines for betting firms, the Gambling Commission whacked Betfred with a fresh £2.87m penalty this morning for social responsibility and anti-money laundering failings. The failures include a lack of controls, which meant one punter lost £70,000 in a 10-hour period just a day after opening an account. “This [...]
Twindemic warning: 30m Brits urged to get ‘potentially life-saving’ flu and covid jabs September 28, 2022 30 millions Bris have been urged to have flu and Covid boosters before the winter sets-in to avoid a “twindemic”. The UK Health Security Agency (UKHSA) said people should protect themselves against H3N2 – a subtype of influenza type A – and coronavirus, before expected resurgences of both happens in colder months. H3N2 is currently [...]
Cost of living crunch sinks teeth into Morrisons profit September 28, 2022 Morrisons has posted sliding sales after the retailer was recently knocked out of the Big Four by discounter rival Aldi. In financial results for the 13 weeks to 31 July, the group posted like-for-like sales, excluding fuel, down 3.1 per cent on the comparable period a year ago. The supermarket pointed to “unprecedented inflationary pressures” [...]