Bank of England spent £50,000 on logo and website re-design April 6, 2022 The Bank of England’s (BoE) recent logo and website re-design cost £50,000, a freedom of information request has revealed. The nearly 330-year-old institution, which is funded by banks – not the taxpayer – made a bid to change its image last month, to better reflect the makeup of the country, but it came at a [...]
LinkedIn triples UK editor headcount as it expands news desk April 6, 2022 LinkedIn has said it will be tripling its UK News headcount it has across the world as the firm expands from a professional network into a news one. The Microsoft-owned network currently employs three editors in the UK, which is increasing to nine, according to Press Gazette. Across the globe, the platform will now have 200 editors [...]
Johnson Matthey secures £400m loan for UK hydrogen push April 6, 2022 Johnson Matthey (JM) have been given a £400m loan from the government to boost research and development in sustainable technologies.
Former Phoenix boss Clive Bannister tipped as next competition watchdog chair April 6, 2022 The former boss of insurance group Phoenix has been tipped as one of the top choices for the chairman of Britain’s competition watchdog position. As reported by Mark Kleinman for Sky News, Clive Bannister, current chair of financial advisory group Rathbones and the Museum of London, may be in line to replace Jonathan Scott, who [...]
Ukraine invasion: Putin’s daughters sanctioned by the White House April 6, 2022 Vladimir Putin’s daughters have been sanctioned by the United States as Putin’s invasion of Ukraine continues. The President’s adult children, relatives of Foreign Minister Sergei Lavrov and members of Russia’s Security Council will be affected by the measures announced by the White House this afternoon. Putin’s children affected by the sanctions, Maria Vorontsova, 36, and Katerina [...]
Cladding repair bill hits £1.5bn as Redrow and Barratt latest builders to sign up to fire safety pledge April 6, 2022 The total cost for cladding works for the big nine listed housebuilders has hit £1.5bn, as London-listed firms sign up to a government fire safety pledge. According to analysis from AJ Bell, the country’s biggest builders are planning to set aside another £802m in total to tackle unsafe buildings in the wake of the Grenfell [...]
Bored Ape owner loses NFTs worth $576,000 to scam April 6, 2022 The owner of a collection of highly prized Bored Ape and Mutant Ape NFTs has lost $576,000 (£440,000) worth of assets to a scam.
Camden building becomes first ‘net zero carbon’ residential home in the UK April 6, 2022 Camden is home to the first ‘net zero carbon’ residential house in the country, marking a watershed moment in the drive for cleaner energy. Max Fordham House uses a mixture of saving measures, including insulation and renewable energy, to achieve net zero. The building, designed for and lived in by designer Max Fordham, was validated [...]
Airlines to pass oil prices to passengers, says ex IAG boss Willie Walsh April 6, 2022 Airlines are expected to pass increasing oil prices to passengers through higher fares, said former IAGA boss Willie Walsh. According to Walsh, the war-induced spike in energy costs has worsened the industry’s overall outlook for 2022 to include industry-wide losses. In the past oil prices would take around six months to pass onto customers but [...]
Two Lidl adverts banned after complaint from rival Aldi April 6, 2022 Lidl has been hit with a ban for two adverts after it claimed shoppers could save certain amounts of money compared to Tesco – following a complaint from rival grocer Aldi. The advertising watchdog said the adverts, which were shown in Scotland, were likely to mislead consumers. One advert claimed shoppers could save more than [...]