City boosts climate action commitment by joining Race to Zero and UK 100 September 22, 2021 The City of London Corporation has strengthened its commitment to climate action by signing up to the Race to Zero campaign and UK100 network. The announcement will be made at the Green Horizon Perspectives event this afternoon as part of the Square Mile governing body’s radical strategy to tackle climate change. These commitments will help [...]
Cardano chief donates $20m to establish Carnegie University mathematics centre September 22, 2021 Cardano founder Charles Hoskinson has handed $20m to Carnegie University to establish a new mathematics centre.
PZ Cussons: Revenue ahead of pre-pandemic levels despite Covid comparatives September 22, 2021 Personal healthcare brand PZ Cussons said revenues were ahead of pre-pandemic levels despite an unprecedented demand for hygiene brands easing. The firm said it expected comparatives from the beginning of the Covid 19 outbreak to impact its year-on-year revenue comparisons in the first quarter of FY22, in a trading update published on Wednesday. Its two [...]
China changes tune on coal with divestment pledge September 22, 2021 President Xi Jinping has pledged that China will stop building coal-fired power plants overseas, which could reportedly cut tens of billions of fossil fuel investment. In a pre-recorded message at the United Nations General Assembly yesterday, Jinping said that the country would also help developing nations in building greener energy infrastructure. The move could see [...]
Minister: Joe Biden doesn’t understand ‘complicated’ Northern Ireland Protocol September 22, 2021 Joe Biden does not “fully appreciate” the complex nature of the Northern Ireland Protocol and is “wrong” about the state of negotiations, according to environment secretary George Eustice. Eustice said today that Biden was probably “just reading the headlines, reading what the EU is saying, reading what Ireland might be saying, which is that they would [...]
Startup city: Square Mile investors make London the top place after Silicon Valley for tech firms September 22, 2021 London is second only to Silicon Valley for the best place for startups to thrive, according to a definitive ranking of the world’s major tech and business hubs. The capital tied with New York in second place to the Californian area synonymous with billion-dollar valuations and tech bros – and far ahead of the next [...]
ICAS CEO: ‘Finance professionals are keeping businesses alive’ September 22, 2021 The pandemic has shown CAs at their best. Now we have to build on that trust by continually demonstrating how our actions benefit the greater good, says ICAS CEO Bruce Cartwright CA. This article first appeared in ICAS’ CA magazine. When I speak to students who are joining ICAS to pursue their CA qualification, something I [...]
Netflix to buy Roald Dahl Story Company to bring childhood classics to screens September 22, 2021 Netflix is buying the Roald Dahl Story Company (RDSC) in a bid to bring more classic childhood stories to the streaming sphere. The companies had already partnered three years ago for a string of animated TV series, like a Taika Waititi-directed Charlie and the Chocolate Factory that is still making its way to screens. [...]
Ten Entertainment bowled over by most successful summer ever September 22, 2021 Family entertainment provider Ten Entertainment has marked record sales since it reopened after England’s third lockdown. The firm – which operates 46 bowling and family entertainment centres in the UK – said it had seen 22.5 per cent sales growth in the six weeks from May 17. Like-for-like sales in the 11 weeks since June [...]
Ryanair boss: EasyJet and WizzAir merger would be ‘sensible development’ September 22, 2021 Ryanair’s boss has doubled down on his point that rivals EasyJet and WizzAir will not survive as independent airlines without a merger. Chief executive Michael O’Leary said it would be a “sensible development,” for the airlines to merge in the future and there was industry-consensus there would be “more consolidation across Europe” post-Covid. “I’m not [...]