Oil round up: India weighs up Russian oil as Boris Johnson calls on Saudi Arabia to boost output March 14, 2022 India is considering a Russian offer to buy crude oil and other commodities at discounted prices through a rupee-rouble transaction.
Housebuilder shares boosted by fresh cladding estimate March 14, 2022 Housebuilders saw their share prices lifted on Monday after optimism that the bill foisted on developers for cladding remediations would be much lower than initially forecast. It had been thought that property firms would have to pay £4bn to rectify unsafe cladding on 11-18metre tower blocks. However, the potential bill was estimated to be closer [...]
Microsoft among best firms to work for despite CEO making 410 times average salary March 14, 2022 HP and Microsoft are some of the best Fortune 500 firms to work for, with high average earnings despite eye-watering sums going to those at the top. Chief executives for some of the world’s leading companies earn up to 840 times the average employee according to a new report released this week. Ranked number one [...]
Charity supporting young disabled people into work gets £100k boost from City March 14, 2022 A London charity supporting young disabled people’s job prospects has received a £100,000 boost. Bromley Mencap was given the funding from the City of London Corporation’s charity funder, City Bridge Trust, following unprecedented demand during the pandemic. The organisation received 1,200 new referrals last year – a 100 per cent increase, and will put the money [...]
Pandemic leads to major spike in whistleblowers turning to SFO to report alleged fraud March 14, 2022 The pandemic has led to a near 20 per cent rise in whistleblower reports about alleged fraud. Workers may have falsified accounts to cover up theft or inflated sales figures in a bid to achieve bonuses during the pandemic, a new report by consultancy firm Accuracy has found. There was a 17 per cent rise [...]
Price pinch: Most Brits financially struggling or worried as inflation rises and Ukraine war rages March 14, 2022 Almost 60 per cent of Brits either struggling financially, or concerned about money in the near future, due to Russia’s war in Ukraine and the cost of living crisis. The economic effect of the conflict has exacerbated the rise in energy and food, against the backdrop of increasing inflation, which is set to exceed the [...]
Four months later: Telecom Italia starts talks with KKR following £9bn bid March 14, 2022 Four months after the first approach, Italy’s biggest phone firm Telecom Italia has said it will finally start formal talks with US fund KKR to assess its €10.8bn (£9bn) swoop.
Gold and silver tumble as central banks ready interest rate hikes March 14, 2022 Gold and silver prices slipped this morning as looming interest rate hikes and growing optimism of a ceasefire led investors to flee safe haven assets.
Good BAFTA, Bad BAFTA: Whose Oscar Race Is Heating Up? March 14, 2022 Last night’s BAFTA handed out their film awards in the first in-person ceremony in two years. Australian star Rebel Wilson hosted the awards, with winners that were surprisingly competitive. Dune led the pack with five wins in technical categories, while fellow front runners CODA, The Power of The Dog and West Side Story came away [...]
Aston Martin to work with Britishvolt on EV battery tech March 14, 2022 A new agreement between Aston Martin and Britishvolt will focus upon creating high-performance battery tech for future supercars.
