Recession risks loom as UK’s service sector falls into negative territory September 5, 2023 The impact of higher interest rates saw the UK's all important service sector fall into contraction for the first time since January as the risks of a recession grew ever larger.
Sunak poised to ease onshore wind ban after Tory backbench rebellion September 5, 2023 The government is expected to ease restrictions on onshore wind farms after a Tory backbencher rebellion over renewable projects.
Ontario Teachers snaps up £255m stake in London wealth manager September 5, 2023 Ontario Teacher Pensions Plan has snapped up a majority stake in London-based Seven Investment Management (7IM) for £255m today as it continues its swoop on private British companies. The Canadian pension giant, which has £249bn assets under management and built a reputation for splashy bets on private firms, announced this morning it has struck a [...]
Allwyn sees near-doubling of revenue after buying National Lottery operator September 5, 2023 Allwyn has seen half-year turnover nearly double after snapping up National Lottery operator Camelot and hailing resilient demand despite cost pressures on consumers.
Toyota reveals hydrogen-powered Hilux as UK built project September 5, 2023 Toyota has revealed a UK-built hydrogen-powered version of its popular Hilux pick-up as the firm looks to ‘explore all available technologies’ to drive down its carbon footprint. While European versions of the Hilux are usually made in Durban, South Africa, Toyota’s Burnaston factory in Derbyshire has been tasked with developing a hydrogen fuel cell-powered version [...]
Johnson Service Group hikes outlook as labour costs expected to fall September 5, 2023 Johnson Service Group has said the proportion of revenue used to pay its workers has fallen and will continue to drop in the second half of the year.
Qantas: Aussie airline boss quits after ticket-selling scandal September 5, 2023 The boss of Australian airline Qantas has said he will leave his job immediately — two months earlier than planned — following a series of embarrassing revelations about the company, including allegations it sold tickets for flights that had already been cancelled. Chief executive Alan Joyce said that after 15 years running the national carrier [...]
Impact AM Live S2 EP3 Why are exchanges important to ESGImpact AM Live S2 EP3 September 5, 2023 Welcome to Impact AM, where we bring you thought-provoking discussions on the issues that matter most in today’s ever-evolving financial landscape. In this episode, our esteemed host Julia Streets sits down with Nandini Sukumar, the visionary CEO of the World Federation of Exchanges, to delve into the transformative world of ESG initiatives. Why ESG Matters [...]
“It’s Not About Diversity” September 5, 2023 The idea that companies should look out for people other than themselves is a simple one. But it has spawned all sorts of complicated-sounding acronyms, from CSR (Corporate Social Responsibility) to CSV (Creating Shared Value) and, of course, ESG. One such is D&I (Diversity and Inclusion). For Joel Blake OBE, Founder of GFA Exchange, an [...]
Enquest urges government to restore investor confidence in UK oil and gas after £60m windfall tax hit September 5, 2023 Enquest has warned the current fiscal regime is damaging confidence in the North Sea, and has called for further changes to the windfall tax.
