Tech group Smiths wires new CEO from the US May 25, 2021 Technology group Smiths has hired a new chief executive officer who will relocate to the UK from the US in a “mutually agreed” exchanging of the helm today. Starting with immediate effect, incoming CEO Paul Keel formerly worked with US industry giant 3M for 16 years where he led a number of businesses, including its [...]
Big Yellow ups storage space across London with solid revenue growth May 25, 2021 Self-storage space provider Big Yellow has branched out across London, with two new stores and four development sites, as the pandemic ramped up demand. Three new stores opened in the year to 31 March 2021 in Camberwell and Battersea and have also bought four new development sites in Wapping, Staines, Epsom, and Kentish Town which [...]
Retirement villages may offer high streets their needed post-pandemic revival May 24, 2021 Retirement village provider Audley Group and BlackRock Real Assets have embarked on a £500m joint venture into the retirement living sector in the UK, which could bring high streets the much-needed footfall for post-pandemic revival. The joint venture, confirmed yesterday, will fund the development of at least three retirement communities, which will be ready for [...]
Legal & General Investment Management joins Shell’s shareholder rebellion May 24, 2021 One of London’s oldest fund managers, Legal & General Investment Management (LGIM), has been revealed to have joined the shareholder rebellion today against Shell’s climate strategy last week, according to reports. Saying that the energy giant’s plans lacked credibility and the ambition needed to tackle climate change, LGIM voted against Shell’s climate transition targets, the [...]
Ofgem invests £300m into EV charge points, with £40bn more to come May 24, 2021 The Office of Gas and Electricity Markets, also known as Ofgem, has invested £300m into expanding the UK’s electric vehicle (EV) charging network today, to push the pedal on the country’s low carbon future. In the bid for net zero, the non-ministerial government department has put money behind the electric vehicle sector, to instal [...]
Super sniffers: Trained dogs could spot Covid with 94 per cent accuracy May 24, 2021 Trained dogs can detect the smell of Covid-19 with up to 94 per cent accuracy, new research has suggested, which could be a major breakthrough in testing. The study by the London School of Hygiene and Tropical Medicine (LSHTM), has not yet been peer-reviewed but showed dogs were able to sniff out samples from people who [...]
Black Lives Matter activist in ‘critical condition’ after being shot in the head May 24, 2021 A Black Lives Matter activist has been left in critical condition after being shot in the head in London on Sunday morning. Sasha Johnson, a member of the Taking Initiative Party and mother-of-three, had received ‘numerous’ death threats before the incident in Peckham. “It is with great sadness that we inform you that our own [...]
Greater London has highest levels of pollution, with Portsmouth ranked best May 21, 2021 Greater London has the worst levels of air pollution, according to Defra’s Daily Air Quality Index, which is set to rise as lockdown restrictions ease and the capital renews itself as a tourism hub. The capital has been ranked a score of 2.84 on the index. While the average score for the UK’s urban areas [...]
Sunday Times Rich List: Who are the UK’s wealthiest women? May 21, 2021 The lack of women in the boy’s club of billionaires was loud and clear in the Sunday Times Rich List released, so where and who are the UK’s wealthiest women? Bet365’s Denise Coates, who leads the online gambling company after re-mortgaging her father’s chain of betting shops to raise the cash to expand her website, [...]
Single-use plastic bag charge to double, with all shops adopting the tariff May 21, 2021 The extra charge for single-use plastic bags is set to double today, as the charge extends to all businesses in Britain. What was a 5p charge for a single-use carrier bag yesterday, will be 10p from today – and comes as pent-up demand pushes shoppers back to high streets. While it used to be only [...]
