New record for UK data watchdog as it handed out £42m in fines last year August 31, 2021 The value of ICO fines issued in the past year was the highest on record at £42m, up 1,580 per cent from the £2.5m in fines issued the previous year, reveals research from RPC, the international law firm. The rise is driven by a £20m fine issued to an airline and an £18.4m fine to [...]
BDO: A third of companies risk losing business if they ignore the rise of ESG August 31, 2021 As environmental, social and governance (ESG) measures climb higher on both the consumer and investor agenda, companies will begin to lose business if they fail to get on board, new data has found. Almost a third of mid-market companies have admitted they face a “high” or “very high” risk of losing out on business if [...]
Dame Helena Morrissey on how the business rulebook is being rewritten August 31, 2021 Baroness Helena Morrissey tells Laurence Eastham how economic uncertainty, flexible working and the growth of soft skills are combining to rewrite the business rulebook. This article first appeared in ICAS’ CA magazine. Baroness Morrissey has an enviable track record when it comes to predicting the future. As CEO of Newton Investment Management, her keen eye [...]
UK facing £371bn savings shortfall despite financial resilience improving – CityAM : CityAM August 31, 2021 Consumers are currently facing a £371bn savings shortfall when it comes to feeling ready to cope with a financial shock, according to a new report. Adults in the UK require a nest egg of £17,465 to feel financially secure while the average Briton needs an additional £7,220 to reach this goal, Yorkshire Building Society’s The [...]
EU to remove US from Covid safe-travel list after spike in cases August 30, 2021 EU governments are set to blacklist American tourists from the safe travel list later this afternoon after a surge in US infections. American travellers face a ban on non-essential journeys and new quarantine restrictions. Whilst not automatically binding, the decision could set a precedent for new European restrictions on transatlantic travel after a summer of [...]
Five taken to hospital with stab injuries after fight in Harrow August 30, 2021 Five people have been taken to hospital after being stabbed during a fight in northwest London. Four men and one woman, all in their late teens or twenties, suffered stab injuries during an incident in Railway Approach, Harrow. Two of the men were in a serious but stable condition, the Metropolitan Police said. The other [...]
London ranked as one the most stressful cities in the world to drive August 30, 2021 London has been named as the eighth-most aggravating place to drive, scoring above cities like Bejing or Bangkok. Perhaps unsurprisingly, when in 2020, 18.5bn vehicle miles of traffic were travelled across the 9.2 thousand miles of roads in London. Nine out of ten drivers admit to feeling stressed or angry behind the wheel, according to [...]
Range of investors circle Teesside superport as offers could hit £2bn August 30, 2021 The battle to win a £2bn takeover of Britains fifth largest port, Teesside’s PD Ports, has gained the attention of numerous investors. The site which was recently awarded a low-tax freeport status has become a target for the Duke of Northumberland’s Northumberland Estates, Legal & General, Credit Suisse joined with the Pension Insurance Corporation. Teesport [...]
Prices of Uber rides climb as app seeks more drivers August 30, 2021 Uber rides have become more costly for consumers as the app has struggled to recruit enough drivers to match increasing demand. The average cost of a journey via the ride-hailing platform has risen by a third since April, from £9 to around £12, according to figures from market research company Edison. While the number of [...]
Decision on vaccine passports delayed as clubs hope to avoid policy August 30, 2021 Ministers are delaying a decision on making vaccination a mandatory requirement for nightclubs until the last minute. The Prime Minister said vaccinations would be made a condition of entry for nightclubs by the end of September, when most people will have received two Covid jabs. However, officials are delaying making any firm decisions about how [...]
