Lloyd’s boss: City has ‘big few months ahead’ to ensure Square Mile vitality September 8, 2022 Lloyd’s of London chief John Neal reckons the City has a “big few months ahead” to ensure the Square Mile retains its pre-pandemic vitality. Speaking to City A.M. this morning after a positive set of half-year results for the insurance marketplace, Neal said that though he recognises that “flexibility is critical” he also said there [...]
Economists warn UK to face blackouts under Liz Truss energy plan September 8, 2022 Economists today warned prime minister Liz Truss’s decision to freeze energy bills for everyone in the UK at £2,500 raises the risk of blackouts. Experts at the economic think tank the Institute for Fiscal Studies (IFS) said energy supplies may run dry due to the government propping up energy spending. “Households, businesses or governments… will [...]
Equality and eye health: Is the gender gap closing? September 8, 2022 Historically, females have experienced their fair share of inequality. Campaigning, research and awareness have meant times are changing, but when it comes to eye health, a male in rural South Asia is 46% more likely to receive cataract surgery than a female. Women make up a staggering 64.5% of the world’s visually impaired and according [...]
Renewable generators to be shifted onto new contracts in market shake-up September 8, 2022 The Government will introduce new fixed price contracts for existing renewables generators, taking them off lucrative legacy deals.
DCC splashes £213m on Medi-Globe in sustained acquisitions spree September 8, 2022 DCC has splashed €245m (£213m) on medical device company Medi-Globe, in the healthcare division’s biggest acquisition. The buyout, which is still subject to competition regulatory approval in Germany and France, is expected to be completed in the final few months of the year and drum up a mid-teen return on capital over the next three [...]
BBC One and ITV suspend programming due to concerns about Queen’s health September 8, 2022 BBC One has suspended all programming until 6pm in light of the news about Her Majesty The Queen's health.
European equity products weather second-highest month of outflows ever September 8, 2022 European equity products weathered their second-highest month of outflows on record in August as investors continued to flee markets in the face of continued volatility.
Tej Kohli and Dr Ruit: Collaboration shows lasting effectiveness in curing cataracts September 8, 2022 One of the core senses that inform us of our surroundings is sight. Without it, daily tasks can be near impossible and sadly can result in the sufferer falling into poverty, in some cases extreme poverty. The Tej Kohli and Ruit Foundation understands the importance of eye health as well as the detrimental effects it [...]
Exclusive: WeWork introduces discounts to drive office workers back into London September 8, 2022 Flexible workspace provider WeWork has launched new incentives for London businesses to entice workers back into the city. The New York-headquartered company is working with BusinessLDN, with members of the advocacy group being offered access to new discounts. Businesses are able to access 50 per cent off WeWork’s All Access monthly membership fees for three [...]
Truss believes City is ‘growth engine’ of the economy, says former minister September 8, 2022 Liz Truss believes the City is the “best growth engine in the UK” and is preparing to lean on the financial sector to achieve her political agenda, a former minister said today.
