Warner Bros, Walt Disney and Sony pull out as Hollywood studios cancel movie releases in Russia March 1, 2022 Warner Bros, Sony Pictures and The Walt Disney Company all said they are pausing, cancelling or delaying the release of films in Russia in response to the ongoing conflict in Ukraine. The entertainment giants all announced the decisions on Monday evening as Russian military forces continued their attacks on Ukrainian cities. Violence continues to rage [...]
TODAY: Londoners urged to work from home as tube strike is affecting ALL lines March 1, 2022 Transport for London (TfL) has urged commuters to plan ahead of today and Thursday’s Tube strikes, which will affect all lines. The public body has advised Londoners to work from home if they can or rely on alternative means of transport, as the strikes are expected to create major disruption across the whole TfL network. [...]
Reforming fiscal regime is no taxing issue March 1, 2022 Amid the surplus of analysis devoted to improving the UK tax system, debate over whether the government’s current and future level of spending sometimes slips by. With interest rates expected to climb as the Bank of England leans even further into hawkish policy and inflation already hitting near 30-year highs, the cost of borrowing will [...]
Ukrainians made up half of all UK temporary worker visa applications in 2021 March 1, 2022 Around 45 per cent of applications for UK temporary work visas last year were made by Ukrainian nationals, who accounted for 19,858 of the total 44,114 applications made last year, according to new data shared with City A.M. this morning. There was also an unusually high number of applications from Russian nationals, who accounted for [...]
Second chances: Ex-offenders could help solve recruitment crisis February 28, 2022 “I always wanted to be a drug dealer. Getting a job would have been strange to me,” Liam Meredith, an ex-offender who now runs his own catering business, says. Many young men like Meredith struggle to break a cycle of offending even after they leave prison, due to tumultuous home lives. For men like Meredith, [...]
Airbnb vows to home 100k refugees as Ukraine crisis continues February 28, 2022 Airbnb announced it would offer free, temporary housing for up to 100,000 refugees fleeing Ukraine. Chief Executive Brian Officer Brian Chesky and Joe Gebbia, the chairman of the home rental company’s non-profit arm, said they have sent letters to leaders of Poland, Romania, Germany and Hungary offering help to house the refugees. Announcing the news via Twitter, [...]
UN report: The world is unprepared for the impacts of climate change February 28, 2022 The world is unprepared for the impacts of climate change, a new UN report has warned, as finance for adaptation “woefully” trails finance for mitigating its worst effects. Weather and climate extremes have already begun causing economic and societal impacts through supply-chains, markets, and flows of natural resources, the report by the Intergovernmental Panel on [...]
An important distinction should be made between impact unicorns and ESG February 28, 2022 For years, technology investors have been searching for “unicorns” – companies with a valuation of one billion dollars. These companies were dubbed unicorns because they once were as rare as the mythical beast. Today, there are over 1000 of them globally. Now, there is a whole new breed of unicorn – impact unicorns. True impact [...]
Letters: A call for clarity in workplaces February 28, 2022 [Re: Mandatory face masks on TfL scrapped from tomorrow, February 23] The government has announced that all Covid-19 rules will be lifted by the end of February, with huge repercussions for our transport system, workplaces and daily life. For one, the onus is now shifting to businesses to advise their staff to stay at home [...]
Rail operators ramp up services following passenger demand increase February 27, 2022 Rail operators Avanti West Coast and East Midlands Railway are set to ramp up services as passenger demand is coming back post Omicron. Avanti West Coast’s services between London Euston, Manchester and Birmingham will double from tomorrow, with managing director Phil Whittingham saying the company “remains committed to supporting the ongoing recovery of our economy.” [...]