Timber titans: City of London bosses mull wooden skyscrapers in sustainability push January 23, 2022 City of London planning bosses are reportedly mulling wooden skyscrapers, as developers look to shrink their carbon footprint by moving away from steel and concrete. The so-called ‘plyscrapers’ are popular in Norway, Sweden, Singapore and Japan, and can reach several hundred feet high. The move could invite a host of new architecture to the Square [...]
US boosts supplies after OPEC+ producers struggle to raise outputs in line with targets January 23, 2022 Oil producers are failing to raise their outputs in line with agreed targets established by OPEC+ this year.
Turkish court jails journalist for citing proverb criticising President Erdogan January 23, 2022 Journalist Sedef Kabas has been jailed by a Turkish court, pending trial, on the charge of insulting President Tayyip Erdogan.
Greenberg Traurig opens Hamptons office in push for “work-near-home” January 23, 2022 Greenberg Traurig has become the first major law firm to open offices in the Hamptons, as it seeks to adapt to the “new normal” in a vote of confidence that the changes brought about by the pandemic “are here to stay”. The law firm’s decision to open offices in the wealthy seaside resort comes as [...]
Imminent US Fed rate hike cycle to jolt London markets this week January 23, 2022 Strong signals from the US Federal Reserve that a rate hike cycle is imminent at its latest meeting this week could jolt London’s financial markets. The Fed’s Federal Open Market Committee (FOMC), its group of rate setters, are expected on Wednesday to hint that a series rate rises will start in March. The world’s most [...]
Intel announces new chipmaking ‘mega-site’ in Ohio January 23, 2022 Intel has announced it will pump $20bn into building a new chip manufacturing site.
Law Society flags attainment gap between white and ethnic minority students January 23, 2022 The head of the Law Society has raised concerns about the “attainment gap” between white and ethnic minority students, in the exams students must pass to become a solicitor. According to figures published by the Solicitors Regulation Authority, 66 per cent of white students passed the Solicitors Qualifying Exam (SQE1), compared to 39 per cent [...]
Raab: Nusrat Ghani should make formal complaint over Islamophobia allegations January 23, 2022 Conservative MP Nusrat Ghani should lodge a formal complaint over allegations she was sacked as a minister because she was a Muslim, justice secretary Dominic Raab has said. Raab said the allegations were “incredibly serious” and that there will only be an investigation by the Conservative party if Ghani submits a formal complaint. Ghani told [...]
Staley Barclays successor Venkat given £6,500 a month to move to London January 23, 2022 The banker that was swooped in to lead Barclays after the lender’s former chief executive Jes Staley quit has been given £6,500 a month to cover the cost of moving to London for around two years. CS Venkatakrishnan, known as Venkat in the City, was parachuted into Barclays after Staley left the British banking titan [...]
EU aims to boost gas supplies amid deepening energy crisis and Russia-Ukraine tensions January 23, 2022 The European Union is talking with partners as it looks to boost gas supplies amid a deepening energy crisis across the continent.
