Cabinet row over wind farms as 90 per cent of Brits say they’d live near a turbine March 28, 2022 A cabinet row about offshore wind threatens to destabilise the UK’s energy policy, as a new poll suggests 90 per cent of Brits would be happy to live near a wind turbine. Two ministers clashed over the approval of wind farms off the Suffolk coast, which would generate enough energy to power 1.2 million homes. [...]
HP snaps up video device maker Poly for £1.3bn as tech firm embraces remote work pivot March 28, 2022 Tech giant HP has announced plans to snap up audio and video devices maker Poly for $1.7bn in cash as it looks to ride the hybrid work boom.
British Airways is the first airline to take delivery of UK sustainable jet fuel March 28, 2022 British Airways has become the first airline to use sustainable aviation fuel produced in the UK on a commercial scale.
Cornish Metals gets £40.5m backing to revive tin production March 28, 2022 Cornish Metals has bagged a £40.5m funding injection as it looks to revive tin production at one of the county’s iconic tin mines.
NatWest falls back into private hands after 14 years under majority taxpayer ownership March 28, 2022 NatWest has fallen back into private ownership after the state ditched more of its holdings in the high street lender, the government announced today. It is the first time since the financial crisis 14 years ago that the bank formerly known as Royal Bank of Scotland has not been majority owned by the taxpayer. The [...]
Barclays faces £450m loss over securities mix-up March 28, 2022 Barclays is reportedly facing a £450m loss over the mishandling of US securities in 2019, which has forced the lender to hit pause on its £1bn share buyback scheme. The scheme will be frozen until the error is investigated by regulators, The Times first reported. The banking giant said it had offered and sold too [...]
Inmarsat posts humble revenue growth as satellite giant gears up for Viasat’s £5.4bn takeover March 28, 2022 British satellite giant Inmarsat reported a humble 6.3 per cent hike in revenue to $1.35bn (£1.03bn) in 2021 as the company gears up for the completion of its $7.3bn (£5.4bn) takeover by US rival Viasat.
City A.M. Awards 2022: Accountancy Firm of the Year March 28, 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 [...]
Laura Kuenssberg to present BBC’s new Sunday morning politics show March 28, 2022 Laura Kuenssberg has announced she will be presenting BBC's Sunday morning politics show from September.
Lloyd’s of London boss hospitalised and CFO temporarily takes the helm March 28, 2022 Lloyd’s of London boss John Neal has been hospitalised following a bike accident over the weekend. Neal is expected to make a full recovery, Lloyd’s said in a statement today, after the accident which occurred on Saturday. The commercial insurance market will be helmed by chief operating officer and chief financial officer Burkhard Keese and [...]
