Bailey: ‘Far too early’ to talk about cutting interest rates despite ‘welcome news’ on inflation November 21, 2023 Andrew Bailey, governor of the Bank of England, stressed that it is still "far too early" to consider interest rate cuts despite the recent "welcome news" on inflation.
Water firms in England and Wales lost more than 1 trillion litres in leaks last year September 8, 2024 Water firms leaked over one trillion litres of water last year, new analysis from the Observer has revealed.
Government approval paves way for new Thames Water ‘mega-reservoir’ in South Oxford September 4, 2024 The government has endorsed Thames Water’s plans to manage water supply for the next 50 years, paving the way for a controversial new £1.5bn ‘mega-reservoir’ in South Oxford. Steve Reed, the environment minister, has approved the embattled water firm’s proposal—called its Water Resource Management Plans—in which the firm maps out its strategy to secure the [...]
Covid-19 might lead to long-term action on climate change April 1, 2020 As greenhouse gas emissions plummet due to the commercial standstill caused by the Covid-19 pandemic, there remains a glimmer of hope that at least one positive may arise from this terrible situation — we may yet manage to slow the onset of climate change. From reports of air pollution levels dropping between a third and [...]
First Earth-imaging satellite launched by MoD on Elon Musk rocket August 17, 2024 The UK military has launched its first satellite which can capture daytime images and videos of the Earth’s surface. The satellite, named Tyche, will support military operations as well as environmental disaster monitoring, mapping information development and tracking the impact of climate change globally, the Ministry of Defence (MoD) said. The satellite was launched on [...]
Qatari’s £4bn climate tech plans shows UK’s appeal – but there’s more to do, think tank warns September 11, 2023 A £4bn Qatari splurge on UK climate tech could boost the UK’s green ambitions, but Sunak must get the policy right, a think tank has warned.
London’s small businesses want to achieve net zero – but we must help them get there February 28, 2023 Small businesses up and down the country want to get to net zero, but need support along the journey. London's SMEs are leading the way, writes Paul Gordon
Andreessen Horowitz backs London insurance start-up to shrug off UK venture woes January 11, 2024 Silicon Valley giant Andreessen Horowitz (a16z) has thrown its weight behind London insurance tech Hyperexponential today in a deal that shrugs off the gloom gripping the UK’s venture capital market.
When Is A Solution Not A Solution? Navigating The Complexities Of Sustainability April 16, 2024 Defining what constitutes a genuine solution can feel like a tricky endeavour as businesses strive towards sustainability. As stakeholders become increasingly aware of sustainability issues, they naturally scrutinise claims more closely. The boundaries between impactful environmental actions, economic considerations, social impact, and mere greenwashing are often blurred, raising concerns about efficacy, unintended consequences, and ethical [...]
Cambridge tech startup backed by ‘Godfather of AI’ raises £24m June 18, 2024 A Cambridge based artificial intelligence (AI) startup developing next-gen materials for sustainability and clean energy has secured $30m (£24m) in seed funding.