Explainer-in-brief: A very leaky Supreme Court judgment May 4, 2022 Yesterday, a leaked draft judgment from the Supreme Court suggested Roe v Wade could be overturned. The ruling has protected a woman’s right to an abortion in the US since 1973. If it is overruled, it would return the power to decide on abortion reforms to individual states. A host of states have already begun [...]
Confirmed: Elizabeth Line to open later this month May 4, 2022 The Elizabeth Line is set to open its doors to the public in just 20 days time, Transport for London today announced.
Earth Day 2022 Q&A: Everything you need to know May 4, 2022 When Earth Day 2022 is celebrated around the world on Friday 22 April it will be its 52nd anniversary. But what is its history and what progress, if any, has been made since it was first celebrated in 1970? What is Earth Day? Earth Day is an annual global event to demonstrate support for environmental protection [...]
Exclusive: Financial services in ‘digital arms race’, with 71 per cent making new products due to customer suggestions May 4, 2022 More than 70 per cent of finance leaders say firms are creating new products due to customers’ changing demands as part of a “digital arms race”. Banks and financial services are adapting to a new demographic according to results of a new survey commissioned by Yobota, of 251 top decision makers, exclusively shared with City [...]
Boohoo woes: Shares collapse as customers return more clothes than expected May 4, 2022 Boohoo faces further woes as the online retailer’s shares plunged after it admitted that consumers were returning items more than expected. Supply chain hang-ups have also led to longer delivery times, to the detriment of the Boohoo’s international proposition, it said on Wednesday. The beleaguered fashion firm recorded a revenue jump of 14 per cent [...]
KPMG to double size of UK legal practice as part of ‘once-in-a-generation’ growth strategy May 4, 2022 Big Four accountancy firm KPMG is set to double the size of its UK legal practice over the next three years, as it pushes forwards with plans for its “once-in-a-generation” growth strategy. The plan is set to see KPMG hire 220 new lawyers – including 45 new partners and directors – by the end [...]
Starmer could hardly ask for a stronger position – but he’s still squandering it May 4, 2022 You couldn’t open Twitter on Sunday without seeing the name – Tony Blair. Sunday marked 25 years since New Labour trounced John Major’s broken Conservative Party at the 1997 General Election. Mr Blair handed the Tories – riddled with sleaze and incompetence – their worst drubbing since 1906. Less than a year before, the die [...]
Liquidity boost: Cineworld pins hopes on payment delays from Regal shareholders May 4, 2022 On a quest to boost liquidity, Cineworld revealed this morning that it had approached the former dissenting shareholders of its U.S. division Regal Entertainment to further delay payment obligations.
PwC extends summer working hours policy following success of pilot scheme last year May 4, 2022 Big Four accountancy firm PwC has said it is extending its “summer working hours” programme to June, following the success of the pilot scheme last year. The firm said it will let staff to leave at lunchtime on Fridays for the months of June, July and August of this year. The plan comes after PwC [...]
Joules shares plunge after news of CEO departure and ‘more challenging’ market May 4, 2022 Premium British lifestyle group Joules posted strong revenue growth this morning, up 20 per cent for the quarter ending 1 May.