UK finance at the ‘front of the peloton’ on climate, says Carney October 24, 2022 UK financial firms are at the “front of the peloton” on setting rigorous climate standards and the rest of the world will follow suit, the former Bank of England governor Mark Carney said today.
Platform staff to walk out on 3, 4, 5, 7, 8 November as union joins rail and tube workers October 24, 2022 Rail platform staff working at Network Rail and other five train operators will walk out on 3,4,5,7, 8 November as the union TSSA has announced another week of industrial action. Disruption will affect services on Network Rail, Avanti West Coast, South Western Railway, West Midlands Trains and c2c. Workers – which are striking as part [...]
Watch the moment 30 activists invade Parliament’s central lobby in fuel protest October 24, 2022 More than 30 Greenpeace activists invaded the central lobby in Parliament to mark Rishi Sunak’s ascendency to Number 10. The environmental campaigners, joined by Fuel Poverty Action, sat down in the centre of the Palace of Westminster unfurling a banner reading ‘chaos costs lives.’ They called on the prime minister in waiting Rishi Sunak to [...]
Business shovels at the ready: preparing to capitalise on crypto’s gold rush October 24, 2022 Alan Hartwell, Chief Technology Officer at IRIS Software Group, details the potential game-changing developments in the UK's crypto industry.
Rishi Sunak vows to lead with ‘integrity and humility’ in first statement as incoming PM October 24, 2022 Rishi Sunak has vowed to lead the UK with “integrity and humility” in his first address to the nation as incoming Prime Minister. Sunak warned the UK faces “a profound economic challenge” and said “I will make it my utmost priority to bring our party and our country together”. Sunak won the Tory leadership contest [...]
Shell could start profit slowdown as Labour pushes to expand windfall tax October 24, 2022 The historic profit run from oil and gas titans is expected to slow down this week, when Shell unveils its latest results.
Mastercard to help banks offer crypto trading as Ethereum blocks compliance grows October 24, 2022 Data from CryptoCompare shows that the price of Bitcoin endured a steep sell-off over the past week, dropping from around $19,600 to an $18,800 low.
Stay focused on funding deal, says outgoing TfL commissioner Andy Byford October 24, 2022 The new TfL management team needs to stay focused on the government’s long-term funding deal, according to outgoing commissioner Andy Byford. Byford – who will step down at the end of today after two years at the public body’s helm – will be replaced by chief operating officer Andy Lord from tomorrow on an interim [...]
New Philips CEO slashes 4,000 jobs in bid for financial turnaround October 24, 2022 Philips is set to cut around 4,000 jobs – the equivalent of five per cent of staff – in Roy Jakobs’ first major move as CEO. The Dutch conglomerate has had its sales fall for more than a year and has ultimately become loss-making. The job losses will be based in the US and the [...]
Funding struggles see UK’s small firms resort to personal loans for financing October 24, 2022 UK small business owners are increasingly taking out personal loans to fund their firms due to the troubles they face in securing external capital. More than half (55 per cent) of UK small and medium-sized enterprise (SME) owners have taken out a personal loan to fund their business, research by tech firm Codat shows. The [...]
