Cop 26 group sets out sustainability standards as concerns grow over greenwashing March 31, 2022 An international body set up to standardise company environmental reporting has set out a first set of draft guidelines today, as fears grow over the veracity of investment opportunities labelled as green.
H&M reveals 240 store closures in ‘established markets’ March 31, 2022 H&M has announced 240 global store closures after posting a slowdown in sales after suspending activities in Russia. The Swedish retailer has said it will open some 95 new stores and shut around 240 stores this year, with a net decrease of 145 spaces. Closures will “mainly be in established markets,” the fashion company said, [...]
Laytons ETL completes acquisition of City of London real estate specialist Cannings Connolly March 31, 2022 Laytons ETL Global has completed its acquisition of City of London law firm Cannings Connolly, marking Laytons’ first acquisition since it joined ETL Global last year. In a statement Laytons’ managing partner John Abbott said the deal will add “valuable” new strings to its bow, by expanding its commercial real estate and construction offerings. The [...]
Germany assured it will not have to pay for gas in roubles March 31, 2022 Germany will still to pay for Russian gas in euros or dollars, confirmed its government yesterday, despite Putin's push for rouble payments.
City A.M. Awards 2022: Investor of the Year March 31, 2022 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]
Bitcoin levels off after eight days of upward movement March 31, 2022 The price of Bitcoin today is, essentially, unmoved after another largely flat day, continuing to hover at just above the $47k mark.
Crypto firm raises $135m in round led by FTX Ventures, Sequoia and A16z March 31, 2022 Layerzero Labs has closed a bumper $135m funding round led by crypto investment heavyweights FTX Ventures, Sequoia and A16z.
Pilot jailed for lying to get British Airways’ job March 31, 2022 A commercial pilot was convicted of fraud after he lied about his experience to get a job at British Airways (BA), the Civil Aviation Authority (CAA) announced today. 48-year-old Kentish man Craig Butfoy admitted that between 2016 and 2018 he had falsified details and entries in his pilot logbook to retain work with BA’s London [...]
Tesco to stock £2 lateral flow tests from Friday March 31, 2022 Tesco is going to stock £2 lateral flow tests in store and online as of tomorrow. The supermarket giant signed a deal with healthcare firm Everything Genetic, as the government ends access to free lateral flows. The £2 kits, which are “less than a price of a takeaway coffee” will be available in more than [...]
Letters: Whose rules are they anyway? March 31, 2022 [Re: Chief execs in Boris Johnson’s position would fall on their sword for rule-breaking, yesterday] It’s an intolerable position for Boris Johnson to take that the boss of P&O should go for the graceless sacking of 800 seafarers if he himself continues to sit at the helm in Downing Street even as he faces the [...]
