Letters: Thank god it’s not Friday September 26, 2022 [Re: Are Fridays In The Office Over? September 22] This highlights just how far the work landscape has evolved. In a recent trial, 86 per cent of companies backed the four-day week model. While a four-day week may be attractive to those seeking a better work-life balance, it is not the silver bullet. Professions whose [...]
Exclusive: HSBC survey shows nearly 80 per cent of firms now prioritising sustainability September 26, 2022 Nearly 80 per cent of UK firms are now prioritising sustainability in a bid to acquire new businesses, research from HSBC exclusively shared with City AM reveals. The bank’s annual capital expenditure (CAPEX) indicated that of 670 firms surveyed, almost two-fifths increasingly value environmental elements to their businesses. The shift has also led to 88 [...]
Labour will spend £8bn on UK sovereign wealth fund if it forms government September 25, 2022 Labour will tomorrow pledge to spend £8bn to start a UK sovereign wealth fund if it wins the next election in a bid to boost domestic manufacturing. The National Wealth Fund will invest in British green energy production, with the British state taking ownership of assets held under the fund, shadow chancellor Rachel Reeves will [...]
Italians to the polls: Far right eyes victory September 25, 2022 Over 50m of Italians were called to vote yesterday in an election that is set to upset the country’s allies in Nato and Brussels. Opinion polls saw the right-wing alliance led by Giorgia Meloni’s post-fascist Brothers of Italy party set to win. If she becomes prime minister, Meloni plans to link arms with far-right populist [...]
Burnham calls on Starmer to show more ‘fight’ against Truss’ tax cuts September 25, 2022 Greater Manchester mayor Andy Burnham has called on Sir Keir Starmer to show more “fight” against the government, after a day of fuelling speculation that he wants to be the next Labour leader. Burnham told an event at the Labour conference today that he supported Starmer, but that “we need to get a bit more [...]
George Osborne calls on government to fix ‘schizophrenic’ levels of borrowing September 25, 2022 Liz Truss must end the “schizophrenic” economic policy of slashing taxes and increasing government borrowing, according to former chancellor George Osborne. Osborne said he was pleased to see Truss acting like a “conviction politician”, but said the government must make spending cuts if it wants to also lower taxes. Chancellor Kwasi Kwarteng unveiled the largest [...]
Luxury retailers to push for tax cut acceleration ahead of coronation September 25, 2022 Luxury retailers in the West End are eager to elevate the shopping destination among its global rivals by appealing for tax changes to be accelerated. After the Chancellor suggested VAT-free shopping could boost the retail heartland from 2024 last week, the Association of International Retail said could be introduced in the next six months. The [...]
‘It’s baffling’: Startups slam Barclays’ contract win from Tech Nation September 25, 2022 The tech startup community has pushed back against reports that Tech Nation may be facing threat after the government reportedly handed its £12m contract to Barclays. As first reported by The Sunday Times, the banking titan has nabbed the contract from the entrepreneur network, which is best known for providing support for aspiring founders and [...]
Ericsson pushes back against Russian equipment exports September 25, 2022 Ericsson pushed back against reports that it had continued to export equipment to Russia even after war had erupted in Ukraine. In a statement released over the weekend, the Swedish telecom equipment maker said the initial coverage from media outlet Swedish Radio was “factually incorrect” and disputed claims that it was granted a series of [...]
Three teams take top prize in Minima and EdenBase innovation challenge September 25, 2022 Blockchain network Minima and growth hub EdenBase have announced the winners of a competition designed for app developers.
