Shakespeare on advertising: Asos’ sustainability push much-needed September 22, 2021 ASOS, the online clothing retailer, recently announced a target of zero net carbon emissions by the year 2030. It’s a move that comes following ongoing criticisms of the environmental impact of “fast” fashion organisations – and one that YouGov Plan & Track data shows may be a deft commercial move as well. Nearly one in [...]
Russ Shaw’s Tech Week Diary: UK establishing itself as a leader on global problems September 22, 2021 London Tech Week – the showcase of all things innovative – is back. Each day this week, Tech London Advocates and Global Tech Advocates boss Russ Shaw CBE will write for us reflecting on the jamboree. Here’s day two. As the Prime Minister and President Biden meet to discuss climate action at the United Nations [...]
Government’s ‘human error over many years’ to blame for UK pensioners underpaid by £1bn September 22, 2021 An investigation by the UK’s spending watchdog has found that “repeated human errors over many years” were to blame for the fact the Department for Work & Pensions (DWP) underpaid 134,000 pensioners over £1 billion in state pension. According to the National Audit Office (NAO), these errors occurred due to complex state pension rules, outdated [...]
Oasis Knebworth 96 review: recapturing music history September 22, 2021 There was a time when the band Oasis and nostalgia seemed like a contradiction. While certainly inspired by the past, their meteoric 1990s rise was fuelled by songs about feeling young and invincible, with nothing mattering beyond this moment. It captured the spirit of a country propelled by a rare case of self-confidence that peaked [...]
Rising UK fraud levels branded a ‘national threat’ by banks September 22, 2021 Financial fraud rose by 30 per cent in the first half of 2021 resulting in losses of over £750m, according to the latest fraud report by banking trade body UK Finance, published this morning. Authorised push payment fraud, where consumers were unwittingly scammed into approving a payment into a criminally-controlled account, increased 71 per cent [...]
FTSE 100 tops 7,000 as investors eye Fed rate decision September 22, 2021 London’s FTSE 100 topped the 7,000 this morning as investors shift their focus from the potential impact if embattled Chinese property developer Evergrande collapses to today’s rate decision by the US Federal Reserve. The capital’s premier index climbed 0.87 per cent to 7,041.72 points during early exchanges. The US central bank will announce its next [...]
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 [...]
