Women now dominate boards of top three water firms, with five-out-of-six CEO and chair positions held April 28, 2022 Women now dominate the boards of water companies, with five out of six heads taking up the roles. The majority of chief executives and chairs for the three FTSE-Listed water firms, Severn Trent, Pennon and United Utilities, are now held by women. This comes after Louise Beardmore was promoted to chief executive at UU, succeeding [...]
Coastguard clears P&O vessel two days after Irish Sea accident April 28, 2022 The Maritime and Coastguard Agency (MCA) announced today it has cleared a P&O vessel two days after it ran out of power off the coast of Northern Ireland. “Our surveyors have carried out a full inspection of the European Causeway and are satisfied that it is safe to sail again,” said an MCA spokesperson. Running [...]
Barclays kicks shareholder goodies into long grass again after $15bn trading blunder April 28, 2022 British banking giant Barclays has kicked its share buyback programme into the long grass for the second time after it booked huge costs to draw a line under an unprecedented trading blunder, it announced today. The lender last month said it had sold more than $15bn (£12bn) of financial products than it was allowed to, [...]
Maneater: Nelly Furtado on brink of music catalogue deal with Blackstone April 28, 2022 Grammy award winner Nelly Furtado is set to become the next artist to cash in her back catalogue of hits.
Prince Harry’s role at $5bn life coaching firm at centre of employee anger over ‘sneaky pay cut’ April 28, 2022 Employees at a life coaching and mental health firm have questioned the role of Prince Harry as its “chief impact officer”. Staff at $5bn Silicon Valley company BetterUp have complained about the Duke of Sussex’s high-profile role, as it implements a payment restructure which staff have claimed amounts to a “sneaky pay cut.” It did [...]
Crypto markets continue to look flat amid disappointing earnings season for tech giants April 28, 2022 Bitcoin is currently changing hands for around $39,700 – up by more than two per cent over the past 24 hours.
London-listed banks boost the City as earnings season rumbles on April 28, 2022 London-listed banks continued to boost the City this morning as lenders’ earnings season presses on full-steam ahead. The capital’s premier FTSE 100 index climbed 0.88 per cent to 7,491.03 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, rose 0.95 per cent to 20,631.69 points. [...]
Explainer-in-brief: Russia’s sanctions a ‘badge of honour’ on 287 MPs April 28, 2022 Russia returned the favour yesterday, sanctioning 287 MPs for playing a key role in implementing sanctions against the Kremlin and for fuelling what Putin’s foreign ministry defines as “Russophobic hysteria”. Back in March, the Foreign Office had imposed 386 sanctions on members of the Russian Duma. Boris Johnson, foreign secretary Liz Truss and defence secretary [...]
Letters: London must wash itself clean April 28, 2022 [Re: Eversheds Sutherland strikes deal with Russian ‘relationship firm’ – made up of ex-employees, yesterday] London is the world’s pre-eminent city for business, but Russia’s illegal invasion of Ukraine has forced British firms to consider their dealings with Kremlin-linked individuals, companies, and organisations. London’s label as a laundromat for questionable funds – Russian and otherwise [...]
Disruption on M25 as Just Stop Oil protesters block service stations April 28, 2022 Motorists need to brace for disruption on the M25 as Just Stop Oil protesters have blocked services and graffiti sprayed on the pumps. The action has taken place since 7am this morning at two service stations, Surrey’s Cobham Services and Clacket Lane Services in Kent. Climate activists, who blocked the entrance by staging a sit-in, [...]
