Banning plastic forks will be a headache for hospitality firms January 13, 2023 Banning plastic cutlery is a win for environmental campaigners, but for restaurants battling inflation and rising energy bills, it could create more problems, writes Mark Stefanini
Big fans: Wind powers half of UK’s energy needs with new record generation day January 12, 2023 Wind power generated record amounts of energy earlier this week, topping 21 gigawatts for the first time ever on Tuesday evening.
Analysis: NHS strikes are about morale, stupid January 12, 2023 As Britain braces for more strikes in the NHS later this month and ministers are locked in tense pay negotiations, 14 health unions have pulled out of independent pay review process.
British Gas owner Centrica predicts eightfold profit hike after energy price surge January 12, 2023 British Gas owner Centrica has predicted a near eightfold increase in its full-year profits, powered by soaring energy prices.
Got the minerals? China’s control of key metals poses challenges for green transition, IEA warns January 12, 2023 China's dominance over tight supply chains could jeopardise the global shift to green technology, warned a leading climate body.
Staggering £25bn down the drain as 9 in 10 Brits plan to cut back in 2023 January 12, 2023 Close to £25bn-worth of discretionary outgoings in the “cut-back economy” may be lost this year as close to nine in 10 people plan to reduce their spending over the year ahead. More than a third of UK households are “financially distressed” and plan to cut back across most, if not all, of their non-essential spending, [...]
Global cost-of-living crisis risks ‘dire consequences’ for planet as firms ditch climate concerns January 11, 2023 The global cost-of-living crisis threatens to railroad efforts to combat climate change, “potentially leading to dire planetary and societal consequences,” the World Economic Forum (WEF) warned today. Soaring energy and food prices are forcing governments and private businesses to turn to cheaper, often dirtier resources to produce goods and services. As a result, “the risks [...]
Cost-of-living crisis will fuel tsunami of cyber attacks in 2023, warns industry insider January 11, 2023 The cost-of-living crisis is fuelling a surge in cyber attacks on UK businesses, a leading fraud expert has warned. Leigham Martin, group head of infrastructure and security at Connectus Business Solutions, shared with City A.M. that cutting costs on security will spell disaster for businesses. “There is increasing evidence that some businesses are looking to [...]
What’s the best way to make up for the metals supply shortfall? Look down. January 11, 2023 It’s been a rough couple of years for metal producers. Sky-high demand, factory closures, and supply chain disruption have resulted in a shortfall in supply. A quick post-Covid bounce back in demand should’ve resulted in producers scaling production back up to meet demand. However… Inflation has taken hold of every industry worldwide: the cost of [...]
The pandemic’s lasting impact is huge… How can the little idea of recycling help? January 11, 2023 The pandemic’s lasting impact is huge… How can the little idea of recycling help? For the past 2 years, it’s been one thing after another: Covid lockdowns, more Covid lockdowns, Russia invading Ukraine, and a few more Covid lockdowns (looking at you China). Therefore, it comes as no surprise the global economy continues to take [...]