Increasing geopolitical fragmentation putting energy transition at risk, IMF warns October 3, 2023 Geopolitical fragmentation could send the price of crucial commodities soaring, putting further pressure on the global economy’s net zero targets.
Tories ‘absolutely failed’ to lead debate on net zero, says minister October 3, 2023 Nuclear minister Andrew Bowie said that the Conservatives had “absolutely failed” to have a national conversation about net-zero.
UK banks’ increasing reliance on short term funds is concerning, experts warn October 3, 2023 Banks in the UK are increasing their reliance on short-term funding, with experts warning that regulators need to prevent financial stability risks from emerging.
Burger King still operating in Russia despite vow to quit 18 months ago October 3, 2023 Burger King is still operating in Russia despite a promise from its owner that it would cease operations in the country more than a year ago. Restaurants Brand International (RBI) – which owns 15 per cent of the fast food chains franchise business in Russia- told the BBC it had “no new updates to share [...]
Hunt: London’s stock market can rise above Nasdaq October 3, 2023 London’s stock market “can actually do better than Nasdaq” in some areas, Jeremy Hunt said today, as the government and regulators scramble to boost the appeal of the City amid a drop in public listings.
Royal Mail prepares for holiday rush with 16,000 hires October 3, 2023 Royal Mail is ramping up its Christmas operations, enlisting the help of 16,000 temporary workers to ensure the busiest time of the year runs smoothly for the British postal service. The temporary employees will help 110,000 posties sort and deliver packages ahead of and throughout the holiday season, including over the annual Black Friday and [...]
The traditional financial system is broken – Bitcoin fixes this October 3, 2023 In an era of fiscal uncertainty, the need for sound money, like Bitcoin, becomes ever more critical, says Susie Violet Ward.
‘Brand thieves’: Easyjet’s parent firm takes legal action against UK band Easy Life October 3, 2023 Easyjet’s parent company Easygroup is suing a Leicestershire band over the use of ‘easy’ in its name. The artist called Easy Life has said the airline’s biggest shareholder is taking legal action against it, with the aviation giant insisting it has chased numerous similar cases in the past. Easy Life is a five-member band formed [...]
Heathrow Airport to trial security booking slots in bid to cut wait times October 3, 2023 Heathrow Airport has launched a six month free trial allowing passengers to pre-book slots at security, in a bid to reduce wait times.
Insurers to face Bank of England’s ‘dynamic’ stress tests from 2025 October 3, 2023 Insurance firms will be subject to "dynamic" stress tests from 2025 as the regulator seeks to ensure the sector remains financially secure in the face of major regulatory changes.
