UK backs Kenya railway hub as part of $1bn investment plan January 18, 2022 The UK is backing the development of a railway hub in Kenya’s capital Nairobi as part of a five-year investment plan worth $1bn. Under the partnership, Epsom-based engineering firm Atkin Global will design an eight-platform central rail station and public space, alongside 425 acres of commercial and residential developments, Reuters reported. In its initial phase, [...]
Gas price crisis claims latest victim as Together Energy goes bust January 18, 2022 Council-backed energy supplier Together Energy has ceased trading with immediate effect amid soaring wholesale costs.
Industry experts welcome UK crackdown on crypto adverts January 18, 2022 Crypto companies and legal experts have welcomed news that the UK government will crackdown on advertisements for digital assets.
Deloitte boss admits there is ‘disconnect between ambition and action’ on sustainability January 18, 2022 There is a “disconnect between ambition and action” when it comes to businesses operating sustainably, Deloitte’s boss has admitted, as greenwashing storms company pledges. Punit Renjen, global CEO of the Big Four firm, said that while businesses are aware of the impacts of climate change, organisations are struggling to embed climate considerations into the culture [...]
New data reveals 12m European jobs could be lost to automation by 2040 January 18, 2022 Research firm Forrester has forecasted that 12 million jobs will be lost to automation across Europe by 2040, with 34 per cent of European jobs at risk.
High Court throws out climate activist challenge to Oil and Gas Authority January 18, 2022 The High Court has reportedly thrown out a case brought by climate activists against the UK's oil and gas authority.
London Covid-19 cases fall as health secretary mulls Plan B recall January 18, 2022 Covid-19 cases in London boroughs have shrunk by as much as half in some areas, according to the latest figures, as the health secretary looks to dial back restrictions. Cases in Havering dropped 54.3 per cent in the week to January 12, while 12 other boroughs have seen falls of more than 40 per cent. [...]
Johnson denies ‘lying to parliament’ over Downing Street parties scandal January 18, 2022 Boris Johnson has denied claims by Dominic Cummings that he “lied to parliament” last week when he said he thought a lockdown-breaking Downing Street party was a work event. Johnson today said that “nobody told me and said that this was something that was against the rules”. The Prime Minister last week all but admitted [...]
Wall Street titan Goldman Sachs misses profit expectations on weak trading revenue January 18, 2022 One of Wall Street’s top investment banks, Goldman Sachs, has missed profit expectations on weak trading activity. A bumper period of takeover volumes was overshadowed by a seven per cent reduction in Goldman’s global markets arm, the lender announced today. Profits applicable to common shareholders for the three months to December came in at $3.8bn [...]
Shipment delays for China to Europe routes soar as Omicron disruption anticipated to continue January 18, 2022 Shipment delays on China to Europe routes skyrocketed last year, with concerns that supply chain challenges could continue well into 2022. Data from supply chain visibility platform project44 found that delays on these key routes increased to 1.65 days in 2021, up 172 per cent compared to 2020. What’s more, the average 2021 shipment delays [...]
