The City View: Chris Jackson, CEO of green hydrogen firm Protium, talks easing sustainable energy transition March 30, 2022 Today Andy Silvester chats to Chris Jackson, CEO of UK-based green hydrogen energy firm Protium. They go back to Protium’s roots; discuss what green hydrogen acutally is and how the company aims to simplify the decarbonisation process for the companies it works with; and go through why hydrogen, rather than solar and wind energy, might [...]
Johnson says he is tax cutter, despite hiking tax burden to 70-year high March 30, 2022 Boris Johnson has claimed he and Rishi Sunak are “tax-cutting Conservatives”, despite the pair hiking the UK’s tax burden to its highest level since the 1950s over the past two years. Sunak oversaw cuts to fuel duty and National Insurance last week as a part of his economic spring statement last week, while also announcing [...]
City A.M. Awards 2022: Analyst of the Year March 30, 2022 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]
Once-fearsome Unions have let P&O off lightly as their political capital unravels March 30, 2022 A penny for the thoughts of Sir John Prescott as P&O Ferries plants itself at the top of the tree of corporate bad guys with its sacking of 800 British crew members. The Labour heavyweight and former Hull East MP started out, let’s remember, as a steward on the Cunard line at the age of [...]
Hong Kong’s Covid-19 battle has ‘brain drained’ economy as house prices are forecast to fall March 30, 2022 While some restrictions are due to be eased next month, Hong Kong’s battle with Covid-19 will fuel a shrinking economy and plunging house prices, according to Goldman Sachs economists. House prices are forecast to fall around 20 per cent over the next four years, falling five per cent every year, while mortgage rates are expected [...]
Exclusive: Activist shareholders push for ‘hybrid’ AGMs over fears firms are stifling debate March 30, 2022 A shareholder activist group is pushing FTSE 100 bosses to hold ‘hybrid’ shareholder meetings over fears that firms are stifling investor debate by holding meetings in person.
Chief execs in Boris Johnson’s position would fall on their sword for rule-breaking March 30, 2022 In the corporate world, there was a slightly different take on “party-gate” than the conventional wisdom of Westminster, which has waited for fines to be doled out to look again at allegations of wrongdoing during lockdowns. The invasion of Ukraine has, understandably, taken over as priority, but it should not be able to fly under [...]
Blockchain firms boosted by wave of venture capital funding March 29, 2022 Venture capital funding has been pouring into the blockchain industry in 2022 through a flurry of high value deals, fresh data has revealed.
Coca Cola scraps policy requiring law firms to have 30 per cent ‘diverse’ staff March 29, 2022 The Coca Cola Company has scrapped a policy requiring any outside law firms it works with to have 30 per cent “diverse” staff. Coca Cola’s decision to scrap its diversity policy comes after the firm faced pressure from a group of shareholders threatening legal action against the drinks maker over its ethnic diversity policy, according [...]
London’s Actis tables $500m for Asia expansion as it branches out into Japan March 29, 2022 British investment firm Actis has branched out into Japan with a new office, as it expects to spend $500m (£382) over the next five years on its push into Asia. The London-headquartered private equity firm has unveiled a new Tokyo base, to double down on risk-return opportunities in the region. Actis, founded in 2004, also [...]