Sewage scandal: Water companies under fire for faulty monitors August 22, 2022 WATER bosses are again in the firing line after new figures suggested one in eight ‘sewage monitors’ installed for designated swimming areas in the south of England are either faulty or not installed. The analysis, compiled by the Liberal Democrats from Environment Agency data, comes just days after images of untreated sewage being pumped into [...]
Credit Suisse hires new finance chief in boardroom shake-up August 22, 2022 Embattled Swiss lender Credit Suisse has hired Deutsche Bank’s Dixit Joshi as finance chief and promoted Francesca McDonagh to chief operating officer as it looks to reset after a string of crises.
Eurostar boss steps down passing the baton to rail veteran Gwendoline Cazenave August 22, 2022 Gwendoline Cazenave will replace Jacques Damas as chief executive of Eurostar Group, as the French businessman steps down after two years at the rail operator’s helm. The railway veteran will officially take over on 1 October, having spent two decades working in the industry. A former executive at French state-owned rail company SNCF, Cazenave has [...]
Deloitte to hire 6,000 new UK staff over next five years August 22, 2022 Deloitte today set out plans to hire more than 6,000 new UK employees over the next five years in a bid to boost the quality of its audit work. The plans will see the accounting firm recruit at least 1,200 audit and assurance professionals each year from 2022- 2027, including around 5,000 new auditors. The [...]
China banks cut key interest rate in bid to revive stalling economy August 22, 2022 China’s banks have slashed a key interest rate in a token gesture to revive the world’s second-largest economy. The country’s central bank said yesterday the one-year loan prime rate offered by banks was cut to 3.65 per cent from 3.7 per cent, while the five-year rate dropped to 4.3 per cent from 4.45 per cent. [...]
Merge approaches amid more stablecoin woes August 22, 2022 Data from CryptoCompare shows that Bitcoin opened last week just above the $24,000 mark. However it ended the week below $21,000.
Invesco launches metaverse fund to tap into ‘£1.4tn opportunity’ August 22, 2022 Investment management firm Invesco has launched a new fund dedicated to metaverse-related equities today as it looks to tap into a “£1.4tn boost to the economy”, the firm said.
Britishvolt founder and CEO steps down, passing reins to former Ford chairman August 22, 2022 The founder and CEO of battery technology giant Britishvolt has stepped down from the role, handing over the reins to deputy CEO and former Ford chairman Dr Grahan Hoare OBE. Orral Nadjari, who had held the position since the company’s inception in 2019, said in a statement today: “Although it was a difficult decision for [...]
Bernie Ecclestone denies fraud over £400m in Singapore trust August 22, 2022 Press Association Former Formula One boss Bernie Ecclestone has denied fraud over an alleged failure to declare to the Government more than £400 million in a trust in Singapore. The 91-year-old was charged after a probe by HM Revenue and Customs (HMRC), which would have allowed the business magnate to draw a line under any [...]
One dead after Range Rover collides with Tesla and ends up on Underground tracks August 22, 2022 A woman has died following a collision between a Range Rover and Tesla, leaving the 4×4 on the tracks of the London Underground. Met Police officers are asking for witnesses after the dramatic coming-together of the two vehicles in the early hours of the morning in West London. They were called at 3.48am following the [...]
