Aluminium’s dirty secret: We’re gonna need a LOT of it, and it’s pumping out a LOT of CO2. January 11, 2023 It sounds stupid, but materials have to come from somewhere. And once we’re done with those materials, they have to go somewhere… Following? Yes, you are. But don’t dismiss this concept as trite. As global populations are predicted to increase by 2 billion (!) by 2050, growing demand for commodities will place further strain on [...]
BEQUANT launches DeFi platform for institutional clients June 28, 2022 Digital asset brokerage and exchange BEQUANT has given the green light to industry-first DeFi access for institutional clients.
The government didn’t want to ban vaping – the industry only has itself to blame January 28, 2024 Our government doesn’t like banning things. It’s only by not fulfilling its basic obligations to society that the industry has got itself in this mess.
Celsius plans to mine more crypto to help fill £1bn balance sheet deficit July 19, 2022 Crypto lender Celsius has a $1.2bn (£1bn) hole in its balance sheet which it aims to fill by mining more crypto. The collapsed firm, which filed for Chapter 11 bankruptcy last week, owes $5.5b (£4.6bn) in liabilities and has $4.3bn (£3.6bn) in assets. Crypto assets, which have experienced a sharp crash in prices as part [...]
Exclusive: We need a business mindset shift and new tools to get us there, says City insider June 20, 2022 ESG commitments for 2030 are high on the boardroom agenda, but are we asking the right questions? The big money question is, even if we meet our sustainability targets, does that secure the social conditions and environmental resources that we will need for businesses to operate in the future? Across the City, a viewpoint on [...]
Pound crashes to fresh 37-year low against US dollar after Kwarteng tax bonfire September 23, 2022 The pound plunged to a new historic low against the US dollar in response to new chancellor Kwasi Kwarteng launching the biggest round of tax cuts since 1972 at today’s mini-budget. Sterling crashed over one per cent against the greenback to $1.1108, its lowest level in 37 years. The pound has been on a downward [...]
Strike: Staff at 10 train companies to walk out on 26 September August 31, 2022 Another day another strike as members of the union TSSA working as operational and support staff at 10 train companies have announced a 24-hour walkout on 26 September. The strike will fall on the same days as the Labour Party Conference in Liverpool, which is taking place between 25 and 28 September. Workers will walk [...]
Companies led by women attract 96 per cent less funding than male-run ones December 15, 2021 Businesses led by females on average received a staggering 96 per cent less funding than their male counterparts this year despite growing pressure for gender parity, according to new data. The study of the highest funded female and male businesses in the UK in 2021 revealed a vast gap in funding between companies led by [...]
Government borrows record amount in November as debt bill swells December 21, 2022 Growing public sector expenditure in November prompted a £22.0 billion borrowing frenzy.
Why Rolls-Royce has bucked London Stock Exchange trend after value more than trebles January 22, 2024 Rolls-Royce's valued more than trebled in 2023 and its shares have now recovered to their pre-pandemic level. But how has the iconic brand achieved this success and what could its future hold?