Letters: A clear vision for a better future March 4, 2022 [Re: The EU’s plans for a ‘social sustainability’ taxonomy are a dangerous intervention, Feb 16] How will a taxonomy support a better future as we address the global challenges of climate change, biodiversity loss and rising inequality? Making positive social change happen requires clarity of what is considered positive impact according to a recent study [...]
Major UK insurers call on government to extend pension auto-enrollment to young workers March 4, 2022 A group of major British insurance firms and pension funds have called on the government to extend the UK’s pension auto-enrollment terms to include young and low-wage workers. The group sent a letter to Rishi Sunak yesterday to call on the government to “level up pensions for everyone” by abolishing the “lower earnings limit and [...]
Boris Johnson announces latest sanctions vowing to inflict “maximum economic pain” on Russia March 3, 2022 Prime Minister Boris Johnson has announced an additional round of sanctions against Russian oligarchs and vowed to “inflict maximum economic pain” on Putin’s regime. “For as long as Putin continues his barbaric attack on innocent Ukrainians we will continue to exert every power we have to inflict maximum economic pain on Putin and his war [...]
Swiss city of Lugano to make Tether and Bitcoin legal tender March 3, 2022 The Swiss city of Lugano is partnering with Tether to allow citizens to make payments using Bitcoin and a handful of stablecoins.
Mexico being lined up as next nation for full Bitcoin adoption March 3, 2022 One of El Salvador’s most prominent advisors on the nation’s adoption of Bitcoin as legal tender says he is turning his attention to Mexico.
Swift backlash: Will Russia snake past Western sanctions? March 3, 2022 Sanctions are intended to choke economies for decades. This week could a sign that Russia is heading for the mire. The intended effects of Western sanctions are already materialising. This week, the rouble, Russia’s currency, collapsed around 40 per cent. The Moscow Stock Exchange has been shuttered since Monday. Concern about Russia being effectively frozen [...]
M&A slumps as war in Ukraine rattles dealmakers March 3, 2022 Global mergers and acquisitions (M&A) slumped 35 per cent last month as Russia’s invasion of Ukraine rattled global financial markets and caused a dealmaking boom to falter.
Gavin Williamson given knighthood by Boris Johnson March 3, 2022 Former cabinet minister Gavin Williamson will be given a knighthood by Boris Johnson, after being sacked as education secretary last September. The Tory MP for South Staffordshire was also sacked in 2019 as Theresa May’s defence secetary for allegedly leaking National Security Council documents. Williamson came under fire during his time as education secretary for [...]
ITVX streaming news eclipses stellar results March 3, 2022 Despite reporting a near 50 per cent jump in annual profits yesterday, shares in Love Island broadcaster ITV slumped as much as 25 per cent, with investors turning their attention to the upcoming launch of streaming service ITVX. The market was left bewildered by the broadcaster’s plans for a new integrated advertising and subscription funded [...]
Kremlin accuses BBC of being used to undermine Russia’s political stability March 3, 2022 The Kremlin made very some very serious accusations today as it said the BBC was being used to undermine the political situation in Russia. “The fact that Russian journalists are still at least somehow able to work in Britain is associated solely with London’s fears of jeopardising the position of the BBC radio and television [...]