UK crypto fraud pulls more than £146m out of fooled investors’ pockets October 18, 2021 The amount of money that has reportedly been lost to cryptocurrency fraud so far this year is already a third higher than for the whole of 2020, according to new figures. Crypto fraud has racked up a more than £146m tab, Action Fraud has found, which has seen the average loss per victim climb to [...]
Most Brits support net zero policies – until they make life more expensive October 18, 2021 The majority of the public support net zero policies, until they curb personal freedoms and make life more expensive, according to new research. Policies like increasing taxes on red meat and dairy rallied the least support across the older generations, while frequent flyer levies failed to pull in younger, travel-hungry, individuals, according to the research [...]
EDF owned Pod Point set to raise £120m in London IPO next month October 18, 2021 Pod Point, an electric vehicle charging company majority owned by EDF Energy, is set to rally £120m in fresh funds from its London float which is due to land on the exchange next month. The initial public offering (IPO), which the firm announced last week, will see Legal & General Capital Investments sell off a [...]
Private equity firms rush to go green as investors dodge climate risky investments October 18, 2021 “Climate risk is investment risk,” the ESG lead at investment heavyweight BlackRock has said, as the UN’s Principles for Responsible Investment (PRI) has outlined not only what countries need to do to hold back climate change, but what they are likely to achieve. To meet the Paris Agreement’s goals, countries will need to retire unabated [...]
NHS Trusts rack up around £2bn worth of clinical negligence claims last year October 18, 2021 NHS Trusts racked up around £2bn worth of clinical negligence claims last year, according to new findings. The findings, revealed by a Channel 4 Dispatch Freedom of Information (FOI) request, pushed former health secretary Jeremy Hunt to urge NHS Trust’s to end ‘targets culture’, as it “can create a culture where numbers matter more than [...]
COP26: ‘Climate risk is investment risk’, says BlackRock ESG lead October 18, 2021 “Climate risk is investment risk,” the ESG lead at investment heavyweight BlackRock has said, as the UN’s Principles for Responsible Investment (PRI) outlines not only what countries need to do to hold back climate change, but what they are likely to achieve. To meet the Paris Agreement’s goals, countries will need to retire unabated coal [...]
Netflix’s famed Squid Game set to rake in around $900m October 17, 2021 Netflix’s famed Squid Game is reportedly set to generate around $900m in value for the company, despite costing just $21.4m to make. The spend came in far less than some of Netflix’s other big shows, costing around $2.4m per episode, Bloomberg first reported, which has resulted in a huge margin for profit. Other successful shows, [...]
Airlift 240m Covid-19 vaccines says Gordon Brown after COVAX scheme misses target October 17, 2021 Former prime minister Gordon Brown has urged that 240m Covid-19 vaccines being distributed to countries in the global south could save 100,000 lives. It follows the global COVAX scheme, a World Health Organisation (WHO) programme designed so wealthier countries can donate vaccine doses to states less able to bulk buy, missed its target, according to [...]
Stratford’s Westfield shopping centre evacuated after fire breaks out October 17, 2021 Westfield shopping centre in Stratford has been evacuated after a fire broke out in one of its stores. Police and around 60 firefighters arrived on the scene this morning, who have since controlled the blaze. While helicopters were reported to fly above the building. A Metropolitan Police spokesperson tweeted: “We are supporting LondonFire with evacuation [...]
Scottish Power stops staff catching flights in bid to hold back unnecessary emissions October 17, 2021 Scottish Power, one of the UK’s largest energy suppliers, has stopped its workers from taking domestic flights in a bid to hold back emissions. Staff must now travel by rail between the energy heavyweight’s offices in Glasgow, Liverpool, London and other cities in the country, the Telegraph first reported. The moves comes with the UN’s [...]