Record industry could save £200m as court order extends pirate website block to mobile networks July 12, 2022 The music industry celebrates this morning after a High Court Order forces mobile providers to start blocking pirate music websites, potentially saving the record industry £200m a year. Website blocking acts as a powerful legal remedy for those who own and invest in copyright and brands from music, film, sports and gaming industries, whose rights [...]
Retail sales tumble to a rate ‘not seen since depths of pandemic’ amid cost of living crisis July 12, 2022 Retail sales volumes are plunging by a rate not seen since the darkest days of Covid lockdowns, as industry voices have warned businesses will struggle amid historic inflation. Total sales dropped by one per cent in June, according to the British Retail Consortium (BRC) and KPMG retail sales monitor for the five weeks to 2 [...]
Johnson’s successor has a chance to rekindle the relationship with City Hall July 12, 2022 Transport Secretary Grant Shapps – now a contender to be the next prime minister – wrote to the Mayor three weeks ago regarding the future funding of Transport for London (TfL). His letter included a call to reset strained relations between City Hall and the government. Last week’s events were probably not quite the reset [...]
The fight against greenwashing is made harder by a string of incompatible rules July 12, 2022 So-called “green” investment claims, and the substance behind them, are on top of the agenda for businesses and their investors. International regulators are, as a consequence, trying very hard to establish a workable framework. Different jurisdictions have different sustainability disclosure requirements, and this is putting companies, investors and asset owners under pressure. ESG disclosure regimes [...]
It’s time businesses use their plethora of data to assist so many struggling costumers July 12, 2022 Whatever drama is unfolding in Westminster, tackling the cost of living remains consumers’ number one priority. There is still so much work to be done to help millions of people facing dire financial situations. The government has already announced new measures to support consumers, such as help with soaring energy bills. But it could go [...]
Exclusive: ESG funds slump behind peers as energy and defence stocks bolstered by war July 12, 2022 Environmental, social and governance (ESG) funds in the UK have slumped below their industry peers this year as oil & gas, mining and defence stocks surge in the wake of war in Ukraine, new research has revealed.
Letters: A renewed push for space July 12, 2022 [Re: A fresh face in No10 should find some policy rather than campaign slogans, yesterday] Over the past few years, the Conservative Government has made the promotion of the UK space sector a key pillar of its plans for the country’s economic and scientific leadership. The development of sovereign launch capabilities was already key, but [...]
UK to get new PM on 5 September as Tory leader votes start Wednesday July 11, 2022 The UK will get its 78th Prime Minister on 5 September, with the Conservative MPs to begin the process of electing a new party leader on Wednesday. Sir Graham Brady, chair of the 1922 Committee of Tory backbenchers, this evening announced MPs would have their first vote Wednesday and a second on Thursday. A number [...]
Victims’ charity calls for ‘urgent’ investment to cut court backlog as barristers’ strike continues into third week July 11, 2022 A leading victims’ support charity has called on the government to take “urgent action” to cut the court backlog by upping investment in the criminal justice system – as criminal barristers prepared for their third week of strikes. Diana Fawcett, chief executive of Victim Support chief said “court delays and cancelled hearings” are having [...]
Activist investor calls for PurpleBricks chairman to resign July 11, 2022 PurpleBricks could have a shareholder revolt on its hands, after one activist investor called for the estate agent’s chairman to resign today. The online-only agency has struggled to maintain its market share, despite the transition over to virtual spaces during the pandemic. In a letter to the company, Adam Smith’s investment vehicle Lecram Holdings said [...]
