Exclusive: ESG consultancy sector to swell to nearly £12bn in next five years, says industry insider February 7, 2022 Spending by companies on ESG and sustainability consulting is set to more than double over the next five years to a record £11.8bn, or $16bn, according to a new report that was exclusively shared with City A.M. today. The market will grow at a CAGR of 17 per cent, from around $6.24 billion at the end [...]
Outraged UK taken by surprise: China backs Argentina’s claim over Falklands with Argentina supporting Taiwan claim in return February 7, 2022 The UK responded with fury as the government was taken by surprise after Argentinian president Alberto Fernandez met with China’s President Xi on the fringes of the Beijing winter Olympics, and both countries moved to recognise two historical claims. The two leaders signed an agreement in which China reasserted its support for Argentina’s claim to [...]
Windfall tax looming: BP may end up in firing line if it reports expected 30-fold increase in profits February 7, 2022 Oil giant British Petroleum could end up in the firing line when it reports this week what analysts expect might be a more than 30-fold increase in its profit in the closing months of last year. The oil giant is expected to report an underlying replacement cost profit – its preferred measure – of around [...]
Portrayed as Lady Macbeth, Carrie Johnson’s influence is under scrutiny as ‘enemies are running a brutal campaign’ February 7, 2022 Boris Johnson’s wife Carrie has said that even though she does “not play a role in Government” she has been targeted by “enemies” of the Prime Minister in a “brutal briefing campaign”. The Prime Minister’s wife issued a rare statement through her spokesperson on Sunday evening, after a Cabinet minister suggested she was coming “under [...]
Millions of low-paid Brits face ‘perfect storm’ of energy bills and tax rises February 7, 2022 A new report sent to City A.M. this morning warns that millions of low-paid workers are facing a “perfect storm” of higher energy bills and tax rises while Universal Credit (UC) falls behind the cost of living. The TUC union said its research suggested the number of workers on UC has increased by 1.3m since [...]
Live to fight another day: Crucial week for Boris Johnson with new team on a mission to kill off backbenchers’ final concerns February 7, 2022 Boris Johnson is heading into a new week hoping changes to his top Downing Street team will ease the concerns of backbenchers who were wavering about his future. The Prime Minister made key changes over the weekend, appointing Chancellor of the Duchy of Lancaster Steve Barclay as his new chief of staff and journalist and [...]
Durham police: Sir Keir Starmer in the clear over office beer during lockdown February 7, 2022 Sir Keir Starmer has been cleared of an allegation he broke lockdown rules after he was filmed drinking a beer in an office. Durham police said this morning they did not believe any offence was committed. The Labour leader was in the City of Durham MP’s office, working in the run-up to the Hartlepool by-election [...]
3,000 new UK jobs on the menu as German Doner Kebab plans to open 78 new restaurants this year February 7, 2022 In a dramatic expansion which will create almost 3,000 jobs, German Doner Kebab has said it plans to open 78 news restaurants this year across the UK. The kebab chain said it will grow to 170 restaurants across the UK this year as it continues to shrug off the challenging environment currently facing the casual [...]
What a night: Senegal coach Aliou Cisse savours long road to Africa Cup of Nations glory February 7, 2022 Aliou Cisse dedicated Senegal’s first Africa Cup of Nations triumph to the country’s people after a nail-biting final victory over seven-times winners Egypt. Liverpool striker Sadio Mane, who had earlier missed a seventh-minute spot-kick, converted the decisive penalty in the shoot-out after the game had finished 0-0 following extra time to spark ecstatic celebrations both [...]
‘Inappropriate text messages’ to female colleagues force Marc Overmars to resign at Ajax with immediate effect February 7, 2022 Marc Overmars has left his role at Ajax after sending a series of “inappropriate messages” to female colleagues, the Dutch giants have announced. Director of football affairs Overmars has stood down after discussions with chief executive Edwin van der Sar and the supervisory board following reports of alleged misconduct. A statement on Ajax’s official website [...]
