Former PM Liz Truss supports second backbench revolt over onshore wind July 20, 2023 The government is bracing for a fresh attempt from Conservative backbenchers, including former Prime Minister Liz Truss.
Private funds expect incoming ESG regulations to boost sector – but UK will trail US and EU May 30, 2023 Private investment firms in the UK think incoming ESG regulations will boost sector but funds worry divergence from global norms could harm progress. According to research from PwC, 59.1 per cent of Limited Partners (LPs) and 58.0 per cent of General Partners (GPs) surveyed believed incoming regulations in the UK targeting ESG would have a [...]
Transformative Echoes: UN-Habitat’s Resounding Impact on COP28’s Global Stage January 19, 2024 In the bustling corridors of COP28, where global leaders converge to confront the existential threat of climate change, UN-Habitat took action. From 30 November to 12 December 2023, UN-Habitat has not merely participated in discussions but has emerged as a driving force, orchestrating a symphony of initiatives that underscore the organization’s commitment to sustainable urban [...]
Blockchain and Britcoin could bolster fight against ‘fraud epidemic’, experts argue May 29, 2023 The digital pound could be an important weapon in regulators’ fight against the rising tide of fraud, experts have argued. With the widespread scale of scams in the UK, Quant’s chief executive Gilbert Verdian said “we need a complete reset”. Quant builds technology for blockchains, including those underlying central bank digital currencies (CBDCs). According to [...]
National Grid pays wind farm operators £82m to turn off fans amid calls to ramp up battery plans January 17, 2023 National Grid forked out £82m to operators of wind farms last month to constrain supplies and reduce output amid blustery conditions.
The myth of female disempowerment in the future of the crypto industry September 25, 2023 Entrepreneur Stefania Barbaglio looks at what the future holds for women in a crypto industry dominated by men.
Bellway: How a spring uplift in the property market is giving housebuilder cause for optimism March 28, 2023 Bellway has said homebuyer demand has started to improve after seeing reservations plunge by nearly 50 per cent due to soaring mortgage rates. The housebuilder group, whose headquarters are in Newcastle, reported underlying pre-tax profits falling 4.6 per cent to £312.1 million for the six months to January 31. It delivered record revenues, up 1.6 [...]
London can lead the financial world thanks to its command of artificial intelligence June 2, 2023 Despite some ringing alarm bells, London is still the leading financial centre. And much credit goes to its ability to harness new technologies like it has done with artificial intelligence, writes Gerald Chappell
Ocado’s ‘M&S’ magic fails to impress as shares trade down despite revenue boost March 28, 2023 Ocado said it had helped by some “M&S magic” as the grocery chain’s joint venture with the high street stalwart boosted sales by 3.6 per cent in its first quarter. Shares in the online grocer were last trading down 1.97 per cent or 8.9p at 443.20p. The up market online grocer, which posted a pre-tax [...]
Nightcap boss: ‘No place for mediocrity’ in economic tumult as cocktail brand’s sales surge November 13, 2022 Cocktail bar operator Nightcap is slowing down its expansion programme while its CEO told CityA.M. the sector faces “uncharted territory” this winter. While the London-listed business would not halt openings entirely, it would “be more cautious” with new sites, CEO Sarah Willingham said. In its annual report last week, the owner of The Adventure Bar [...]