Greenwashing creates ‘false confidence’ in climate fight, environment chief warns July 4, 2022 Rampant greenwashing is creating a "false confidence" in the fight against climate change and threatening to to derail efforts to hit net zero targets, the chief of the UK’s environment agency will warn today.
Allwyn’s lottery projections deemed ‘implausible’ as Camelot eyes appeal July 4, 2022 Independent evaluators of the Allwyn's winning National Lottery bid have called its revenue projections “implausible” and carrying “a high degree of risk”, as the legal battle seems likely to drag on for the lucrative contract.
Manufacturing Technology Centre rolls out four day week after trial boosts productivity July 4, 2022 Coventry-based firm the Manufacturing Technology Centre has rolled out a four day working week for staff after a trial period was found to have boosted productivity. The organisation, which aims to build technologies developed in academia, said that after conducting a two-year trial of flexible working with more than 600 of its staff, it would [...]
Brewdog chief James Watt admits to management mistakes following workplace culture row July 4, 2022 CEO and founder of Brewdog James Watt has opened up about issues of anger management and mistakes he’s made around Brewdog's workplace culture.
Tesco kicks off £150m share buyback programme July 4, 2022 Tesco announced today it will kick off a £150m share buyback programme as bosses look to put excess cash back in shareholders' pockets.
UBS injects £900m into GSK life sciences hub as it looks to compete with Cambridge July 4, 2022 UBS Asset Management has teamed up with property firm Reef Group to invest up to £900m to create a life sciences cluster. The pair plan to buy 33 acres of land at GlaxoSmithKline’s (GSK) research site in Stevenage, which will create up to 5,000 “highly skilled” new jobs. While the spot is already a global [...]
Scottish independence is Sturgeon’s long game and a useful smokescreen July 4, 2022 Last week, the first minister of Scotland, Nicola Sturgeon, laid out her plans for the latest attempt to separate the United Kingdom. In a statement to the Scottish Parliament which was long on wishful thinking and short on legal technicalities, she announced that the “proposed” date of another referendum on independence would be 19 October [...]
Friedman served us well, but now it’s time to challenge his view of corporate purpose July 4, 2022 THE traditionally-accepted purpose of a business, as famously espoused by Milton Freidman, has been to earn a profit for its owners or shareholders. This concept stood for many years as fundamental and non-negotiable. The investment world has historically been managed on two dimensions: risk and return. For an investor, the question has typically been: how [...]
Female FTSE 100 directors earn 74 per cent less than male counterparts July 4, 2022 Female FTSE 100 directors earn 74 per cent less than their male counterparts, with an average pay of £245,000 compared to £935,000, research by Mattison Public Relations found. Women make up 14 per cent of the FTSE 100 board executives, with 34 of the 238 executive positions on FTSE 100 boards. They get an average 4 per [...]
Construction in the City will be sabotaged by a skill shortage without a long-term plan July 4, 2022 Two of the biggest long-term challenges we face are climate change and the labour market. The problems are well-known: holding to 1.5 degrees increase from pre-industrial levels and a shortage of appropriately skilled labour. For too long, problems such as these have been viewed in isolation, rather than stepping back to see the bigger picture [...]
