Don’t hate us if you ain’t us: anyone can be a Londoner and that’s how it should be November 3, 2022 Like many Londoners, this city is central to my identity. I am a proud Londoner before I am British, English, or European. It is the “go-to” self-description for many of us – but what does it mean to be a real Londoner? Let’s clear one thing up straight away. Many cities and regions require you [...]
Let’s be honest, we need to stop the boats if we want positive immigration in Britain November 3, 2022 If the public perceives the UK has lost control of its borders, they are likely to trigger demands for more closed border policies.
Delta boss: US’s appetite for transatlantic travel will not be over quickly November 3, 2022 Transatlantic travel is here to stay, said Ed Bastian, boss of US legacy carrier Delta. According to the chief executive, Americans’ appetite for hopping over the pond has been “truly unprecedented” following the reopening of air travel post pandemic. “So many Americans haven’t been able to go for up to three years,” he told journalists [...]
Letters: A new word for British culture November 3, 2022 [Re: From ballet and opera to festivals and clubs, our definition of culture has changed, 28 Oct] How refreshing to see recognition of our dynamic cultural and creative industries in a daily business newspaper. These industries contribute significantly to the economy, as the article rightly points out. Perhaps more importantly in the current difficult economic [...]
UK climate tech investment set to double November 3, 2022 Climate tech investment in the UK is on track to double this year after firms in the sector scooped up $7.5bn in the nine months to September, new research has revealed.
UK failing to capitalise on disease research as it lags behind Europe, says ABPI November 3, 2022 The UK is failing to capitalise on its world leading disease research, according to the country’s pharmaceutical body. The country could be unlocking significant economic benefits in better competing with its European rivals on genomics, the study of genomes which is crucial to understanding how diseases develop. In report published today by the Association of [...]
Home Office faces legal action over Manston overcrowding November 2, 2022 The Home Office is facing a judicial review over its treatment of detainees at the Manston immigration centre, the immigration minister said today.
Federal Reserve hikes rates 75bps again and Powell signals higher peak November 2, 2022 The US Federal Reserve today hoisted the world’s most important interest rate 75 basis points for the fourth time in a row and signalled the borrowing cost peak will be higher than previously thought, scrapping any bets on a so-called “Fed pivot”. The Washington headquartered central bank hiked rates to a target range of 3.75-four [...]
Glencore execs used private jets to fly cash bribes to Africa, court hears November 2, 2022 Glencore executives used private jets to fly millions of dollars in bribes to officials in Africa to boost their oil trading activities, a London Court heard today. Traders on Glencore’s London-based West Africa trading desk organised to have bribes, which were withdrawn from the commodity trader’s offices in Switzerland, flown to officials in Cameroon and [...]
Cutting edge tech rarely sits still, so why is ESG slowing things down? November 2, 2022 Dr Chris Kacher turns his attention to energy consumption in world economics and what effect ESG is having on progress.