London rush hour back to pre-pandemic levels with motorists spending 115 hours stuck in traffic October 20, 2021 London’s busiest roads are back to pre-pandemic levels according to new data released this afternoon. Congestion last month reached 61 per cent, close to the levels recorded in 2019 of 63 per cent, according to traffic index TomTom. Not only that but the average Londoner wastes 115 hours stuck in traffic every year. That’s over 4 days [...]
Watch UK’s net-zero strategy: 440,000 new jobs in green industries by 2030 October 20, 2021 Britain’s net-zero strategy will create 440,000 new jobs in green industries by 2030, junior energy minister Greg Hands said today. Watch the full report.
COP26: Britain’s fossil fuel dilemma explained in 90 seconds October 20, 2021 Britain faces a fossil fuel dilemma: it can burnish its green credentials by halting new oil and gas development in the North Sea, yet doing so will leave it more reliant on imported fuel. Watch the full report.
Watch as the Vatican rolls out all stops for its ‘Click to Pray’ app October 20, 2021 The Vatican pulled out all the stops today to roll out its latest “Click to Pray” app offering what it hopes will be a better digital praying experience. Watch the full report.
Decarbonisation of aviation: Is the govt ignoring its own evidence on airport expansion? October 20, 2021 The Government appears to ignore its own evidence when it comes to airport expansion and the decarbonisation of aviation. The Net Zero Strategy published yesterday, highlights how difficult it is to decarbonise aviation and places heavy reliance on the development of ‘sustainable aviation fuels’. The indicative transport pathway includes expected emissions reductions across transport of [...]
HMRC to issue ‘nudge’ letters targeting crypto asset owners across the UK October 20, 2021 HMRC has issued a statement warning individuals that they will soon be issuing “nudge” letters specifically in regards to crypto asset holdings. These “nudge” letters are yet to be circulated, but City A.M. checked in with Zoe Wyatt, partner and crypto asset specialist at Andersen UK. “These nudge letters are likely to have been automated [...]
Lloyds Bank and Halifax to close 48 branches with 178 jobs at risk October 20, 2021 Lloyds Banking Group said this afternoon it plans to close a further 48 branches, blaming declining visits by customers. The Unite union said the closure of 41 Lloyds Bank and seven Halifax branches will deny thousands of customers access to vital services and cash, and could lead to 178 job losses. Vim Maru, retail director [...]
MPs want answers from FCA over over NatWest money laundering case October 20, 2021 An influential group of MPs has written to the financial watchdog over its investigation into money laundering at NatWest. Treasury Committee chair Mel Stride has asked Financial Conduct Authority (FCA) boss Nikhil Rathi to explain why it took five years to secure a prosecution against the bank. Earlier this month NatWest admitted three counts of [...]
Many employees confused: Despite hybrid working, many people struggle to juggle work and home life October 20, 2021 The current “one-size-fits-all” solution is not meeting the complex needs of the modern workforce, with people struggling to juggle work and home life, according to a new report. Employees are confused about what work-life balance means for them and are calling for firms to agree a new definition of the term. Research by jobs site [...]
COP26: Only 3 per cent of UK’s small businesses measure carbon footprint October 20, 2021 A tiny 3 per cent of smaller businesses said that they have measured their carbon footprint at any point in the last five years and set an emissions reduction target. In fact, the UK’s small businesses are responsible for nearly a third of the country’s greenhouse gases, yet are falling behind their larger counterparts in [...]
