Yvette Cooper pledges crackdown on ‘hateful beliefs’ to counter extremism August 18, 2024 Home Secretary Yvette Cooper has pledged to crack down on people “pushing harmful and hateful beliefs” and to “kickstart” a new approach to fighting extremism. The Home Office has commissioned a “rapid sprint” to drive a new practical approach to countering extremism. The project is being carried out to provide analysis and recommendations on how [...]
Hays set to reveal profit slump amid tough recruitment market August 18, 2024 Hays is set to be the latest recruiter to reveal lower profits in the face of a challenging hiring market next week. The FTSE 250 commercial recruitment firm has already warned it was set for a “subdued summer” amid cost-cutting across the business to bolster its finances for the longer-term. Investors will be hoping that [...]
Gallery remains open as Somerset House closes following fire August 18, 2024 Part of the Somerset House complex will remain open to the public, despite the fire which damaged the roof of the arts venue on Saturday. An investigation is taking place into the fire with the main venue closed “until further notice”. The Courtauld Gallery, home to priceless artwork including Vincent Van Gogh’s 1889 self-portrait showing [...]
Watchdog says ‘all options’ should be on table to save universities August 18, 2024 The university watchdog has declared “all options” should be on the table to fix the struggling sector, warning the “golden age of higher education” could be over. Office for Students (OFS) interim chair David Behan said increased tuition fees and lifting visa restrictions on international students could help revive embattled institutions. He told The Sunday [...]
Wellness Wonders: Meet Alvina Chen, founder of Feldspar August 18, 2024 Alvina Chen, founder of Feldspar, the world's first sensor-enabled performance-running track, is revolutionising track athletics with cutting-edge technology.
Aslef: Rail strikes called amid ‘toxic situation’ in dispute with LNER August 17, 2024 Aslef’s lead negotiator has said the union is putting “members first” in a “toxic situation” after announcing a fresh series of strikes. Train drivers working for LNER – which runs the passenger service on the East Coast main line between London and Edinburgh – will walk out on weekends from the end of August in [...]
Terry Smith’s Fundsmith Equity escapes the doghouse, but £54bn still stuck in underperforming funds August 16, 2024 As many as 137 equity investment funds in the UK have been condemned to the ‘doghouse’ after consistently underperforming their market benchmark over the last three years. The report from Bestinvest, which identified the funds in the ‘doghouse’ due to persistent underperformance, found £53.4bn of investor cash stuck in funds that have consistently underperformed the [...]
Can we stop AI from destroying the planet? August 16, 2024 AI is increasingly finding itself in the crosshairs of investors concerned about its environmental toll. Many are coming to terms with the fact that the technology supposedly leading us into a smarter future might be dragging the planet backwards when it comes to climate commitments. Big tech’s climate ambitions are hitting a rather inconvenient truth: [...]
Heathrow Airport: Border force staff to strike bringing chaos to tail-end of summer August 16, 2024 Border force staff at Heathrow Airport are to strike for 23-days in a dispute over new terms and conditions. 650 members of the Public and Commercial Services (PCS) union will walk out from 31 August to 3 September, with further disruption until 22 September. The hundreds of staff will be ‘working to rule’ and will [...]
FTSE the exception: Global markets rally past ‘Black Monday’ after US recession fears ease August 16, 2024 Global markets have continued to rally after the ‘Black Monday’ event last week, which saw stock markets crash over fears of a US recession. Since then, markets have now bounced back, as fears over recession have faded after strong US retail sales data and unemployment numbers. The Japanese Nikkei 225, which fell almost 20 per [...]
