A love-letter to Mykonos: Why this Greek island has it all March 14, 2022 From the sunken fire pit, guests can watch the sun setting over the neighbouring island of Delos. Gold, amber and peach streaks are scrawled across the sky, like an angry toddler has raided the crayon box. The smoke rises up, making smudges, like dirty fingerprints across the sky. A few decades ago, this outdoors spot [...]
UK looks north: Oil and gas remain key to energy independence March 14, 2022 The UK is seemingly committed to North Sea oil and gas as it cuts itself off from Russian energy supplies following the invasion of Ukraine.
UK underwriting vacancies hit record highs in 2021 as insurers sought to revisit policies March 14, 2022 The number of vacancies for underwriting positions hit all-time highs in 2021, following a surge in hiring last year, as insurers sought to protect themselves against the potential for ruinous “black swan” events in the wake of the global pandemic. All in all, a record 2,100 underwriting vacancies were advertised last year, according to new [...]
Severn Trent boss admits it needs to improve as it pledges £100m to clean rivers March 14, 2022 The boss of Severn Trent has admitted that the water giant is not acting on water protection as much as the public, and government, need. Severn Trent and Anglian Water have pledged to bolster their efforts in improving their practices, after environment minister Rebecca Pow last month urged water companies to reduce how much sewage [...]
Automation and decarbonisation could further deepen poverty in London March 14, 2022 Increasing automation and a move to a greener economy could further deepen inequality in the capital post-pandemic. The gap between’s London’s poorest and richest widened during coronavirus, with people claiming unemployment benefit substantially above the national average. As companies seek to recoup lost profits from the pandemic, many are turning to automation of roles, thanks [...]
Life insurance giant Phoenix Group announces record £1.5bn intake for financial year March 14, 2022 One of the largest providers of life insurance in the UK, the Phoenix Group, has announced record financial results for 2021, taking in £1.7bn. The firm surpassed its target of £1.5bn in the last 12 months, with its board announcing a new policy dividend increase of three per cent. Phoenix had a strong performance in [...]
Shell announces pounds sterling dividend payments after oil firm slashes ties with Russia March 14, 2022 Shell has announced the pounds sterling and euro equivalent dividend payments for its latest interim dividend. The London-listed fossil fuel giant announced its fourth quarter 2021 interim dividend on 3 February at $0.24 per ordinary share. Shareholders will be entitled to €0.2181 or 18.28p per ordinary share, providing they had validly submitted US dollars, euros [...]
Fridays owner Hostmore revenue soars in maiden results as CEO warns of ‘challenges raised by Ukraine crisis’ March 14, 2022 Fridays owner Hostmore has reported revenue standing at £159m as the hospitality operator strikes out on its own after a demerger. Hostmore made its debut on the London Stock Exchange last November after it was made a separate entity from Electra Private Equity. Now, in results for the 53 weeks ended 2 January 2022, the [...]
Government minister urges consumers to be more cautious about online security March 14, 2022 Consumers need to be even more cautious with their digital activity amid “heightened international tensions”, warned James Cleverly.
New business growth in London at eight year high amid concern about inflation and input costs March 14, 2022 New business activity in the capital has reached an eight-year high, but optimism remains cautious with rising inflation and pressures on input costs. There has been a resurgence in trade across the London, with growth rising from 57.3 per cent in January to a three month high of 63 per cent, in February. Growth reported [...]
