Greenwashing a ‘systemic problem’ at UK banks September 13, 2022 Greenwashing is a ‘systemic problem’ at UK banks despite all of them claiming sustainability is at the heart of their business, a survey released today reveals. Only 59 per cent of lenders are measuring their carbon footprint, according to a survey of 150 UK banking executives by technology firm Mobiquity. The survey also found all [...]
Letters: Don’t look to America for help September 13, 2022 It is telling that Americans often see Britain as a nation of waning importance, yet they are reluctant to see it in themselves.
Crypto bank SEBA launches Ethereum staking services September 12, 2022 SEBA Bank has launched Ethereum staking services, enabling rewards to be earned on Ether - the second largest cryptocurrency by market cap.
Editorial: The right to peacefully protest is as British as the monarchy September 12, 2022 We are thinking much of tradition at the moment, and of what it means to be British. One of the unalienable rights available to Brits is, that as long as you’re not hurting anybody, you have the ability to speak your mind unheeded. Yesterday two Edinburgh men were arrested for breach of the peace for [...]
Aveva nears closure on multi-billion-pound Schneider buyout September 12, 2022 London listed software developer Aveva is near to closing a deal that would see it fully taken over by French industrial giant Schneider Electric. The two companies are in discussions for Schneider to acquire the roughly 40 per cent stake in Aveva that it does not already own, at a price of £30 a share, [...]
Lidl joins Sainsbury’s, Tesco and Primark to shut shops for Queen’s funeral September 12, 2022 Top supermarkets and retailers including Lidl, Waitrose and Sainsbury’s are set to shut their UK stores on the day of Queen Elizabeth II’s funeral. Major retailers B&Q and Primark will also close shops for the bank holiday to mark the Queen’s state-funeral next Monday. Some supermarkets are also working on plans to cut some of [...]
Woodford fund administrator could face £306m bill, FCA says September 12, 2022 The administrator of Neil Woodford’s collapsed investment fund could be forced to dish out compensation payments of up to £306m, the Financial Conduct Authority said today.
Man arrested for heckling Prince Andrew at Edinburgh procession September 12, 2022 A man was today arrested for heckling Prince Andrew as the royal followed behind the coffin of the Queen in a procession in Edinburgh. The arrest is the latest example of police across the UK clamping down on people protesting events to commemorate the Queen’s death, sparking concerns about infringement of freedom of speech. The [...]
London’s FTSE 100 bounces despite GDP undershoot September 12, 2022 London’s FTSE 100 bounced today despite new figures revealing the UK economy is much weaker than expected. The capital’s premier index climbed 1.66 per cent to 7,473.03 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, surged 1.7 per cent to 19,513.87 points. Traders shook [...]
UK’s accounting sector on course for record year as firms capitalise on volatility September 12, 2022 The UK’s accounting sector’s turnovers continued to grow over July as the industry bucked trends towards plummeting revenues in the wider services sector. The accounting sector’s turnovers increased 0.69 per cent from June to July, to heights of £3.54bn, figures from the Office for National Statistics (ONS) show. The growth saw the sector’s revenues [...]
