Mining sector needs $1.7 trillion investment for decarbonisation May 10, 2021 Mining companies need to invest an eyewatering $1.7 trillion over the next 15 years to stick to Paris Agreement commitments, according to consultancy Wood Mackenzie. The decarbonisation investment figure comes as UK mining group Weir released a report today which found that the mining industry uses around 3.5 per cent of global energy. “Mining needs [...]
Everything you need to know before catching the Paris Eurostar May 10, 2021 Remember when all you needed to leave the country was a ticket and your passport? Quite apart from the fact that holidays remain illegal, even if you do have a “reasonable excuse” to travel – say, for work – the paperwork required is extremely complicated and the Covid testing both inconvenient and costly (I needed [...]
Landlords vs retailers: What the New Look legal case means for future of CVAs May 10, 2021 New Look today defeated a legal challenge to its restructuring plan by a group of its landlords in a landmark case that experts say will clear the way for other retailers to use Company Voluntary Arrangements to combat the impact of the pandemic. The ruling is likely to deepen tensions between tenants and landlords, as [...]
Wall Street closes lower on inflation jitters May 10, 2021 Wall Street closed lower on today as inflation fears drove investors away from market-leading growth stocks in favour of cyclicals, which stand to benefit most as the economy reopens. Industrial and healthcare shares limited the Dow’s decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing [...]
Brawn on the fourth of July: England to take on US at Twickenham this summer May 10, 2021 England will once again play in front of fans at Twickenham as the RFU confirmed two summer test matches against the United States and Canada. Eddie Jones’ men will take on the US on July 4, with Canada a week later on July 10. Read more: Sam Simmonds and Jonny Hill named in British and [...]
How to celebrate World Cocktail Day this Thursday May 10, 2021 This Thursday is World Cocktail Day, and what better way to celebrate than splashing out on some new glass- and silverware with which to shake and sip your mix of sugary booze? For collectors that means more than a cursory scroll through the Amazon listings: must-have items include Art Deco Parisian ‘Boston’ cocktail shakers and [...]
Monzo quietly introduces paid leave for loss of pregnancy May 10, 2021 Online bank Monzo has introduced paid leave for employees who are impacted by the loss of a pregnancy, as one of the first companies in the UK to do so. The pioneering policy forms part of the bank’s new mental health focus, which followed its founder and former chief executive, Tom Blomfield, step down from [...]
HSBC to trial ‘Zoom-free Fridays’ to combat fatigue May 10, 2021 HSBC is planning Zoom-free Fridays for some of its employees in a bid to tackle pandemic fatigue, following in the footsteps of other leading banks. Companies have been forced to reconsider working practices during the pandemic as the lines between home and work have been blurred as a result of lockdowns. A spokesperson confirmed it [...]
Ruth Davidson in for £85,000 payday as she joins Royal London board as non-executive director May 10, 2021 Ruth Davidson, former leader of the Scottish Conservative Party, will join Royal London’s board as a non-executive director from 8 June 2021. Davidson will be paid £75,000 per annum for board work, plus another £10,000 for committee work, though in 2021 her fees will be pro-rata for a partial year’s work. Royal London estimates Davidson [...]
Recruitment drive to launch for next Commissioner of the City of London Police May 10, 2021 The City of London Corporation’s Police Authority Board (PAB) will begin a recruitment drive for the next Commissioner of the City of London Police (City Police) next week. The appointee will replace Commissioner Ian Dyson, who has announced his planned retirement after 38 years of distinguished service in policing. Commissioner Dyson will be leaving the [...]