Pennon blames sewage leaks and pollution on ‘exceptionally high’ groundwater September 26, 2024 Water firms leaked over one trillion litres of water last year, new analysis from the Observer revealed earlier in the year.
Industry crackdown as insurance scams surge September 26, 2024 The UK insurance industry identified £1.1bn worth of fraudulent claims last year, highlighting the importance of focusing on tackling bogus insurance claims.
Britain’s last coal-fired power station set to close in landmark moment September 26, 2024 The UK’s last remaining coal-fired power station is to shut at the end of September, drawing to a close Britain’s 142-year reliance on the fossil fuel to produce electricity. Ratcliffe-on-Soar power station has been generating electricity since 1968 via its four coal-fired boilers, eight vast cooling towers and 199-metre tall chimney, which occupies a prominent [...]
Wizz Air: Huge shareholder revolt over plans to hand boss bumper bonus September 26, 2024 Wizz Air has suffered a huge shareholder revolt against its plans to hand its chief executive a bumper pay deal. The airline is looking to give Jozsef Váradi a restricted share award which would represent 300 per cent of his £710,534 salary. The listed company has argued that Váradi’s compensation doesn’t reflect a unique “parade [...]
Quin AI: Start-up secures £1.5m to ‘revolutionise’ data privacy September 26, 2024 Quin AI has secured £1.5m in seed funding as it looks to shift its unique focus on customer personalisation into new industries.
Ed Warner: A player power reckoning is coming for football and cricket September 26, 2024 Whether or not Rodri truly believes over-worked footballers are close to taking strike action, his comments have certainly had cut-through. Athlete strikes are not without precedent, in football and elsewhere. Think of the four strikes in the NFL’s history plus its owner lockouts, and Argentina’s football strike of 2017. Back in 2001, English footballers voted [...]
Square Mile and Me: PPRO CEO Motie Bring on a career in fintech – and a plea for more office dogs September 26, 2024 We dig into the memory bank of the City’s great and good. Today, Motie Bring, CEO at London fintech PPRO, talks us through his career journey and City highlights What was your first job? An unforgettable summer gig as a waiter at a vibrant cafe called ‘London’ on the beach in Tel Aviv. What was [...]
The Capitalist: Labour’s no-Party Conference; Rightmove’s drama Down Under; R.I.P. our dots September 26, 2024 Dispatches from Labour Party Conference, Rightmove's hopping executives, and more: catch up on the latest City gossip in The Capitalist.
Good riddance Woke Capitalism. We can get back to business now September 26, 2024 The era of ESG and DEI finally seems to be waning, thank god! So why can't Britain also let Woke Capitalism go, asks Fred de Fossard.
Plans submitted for Worcester Warriors redevelopment September 25, 2024 Plans have been submitted to redevelop the former home of Worcester Warriors as part of a bid to revive the defunct Premiership Rugby club. Worcester ceased to be a Premiership club during the 2022-23 season having fallen into administration. But with a new Professional Game Partnership agreed to shape the next eight years of English [...]