Six high-street banks including Santander, Barclays, HSBC, NatWest and Lloyds given ‘red’ warning over eco policies October 5, 2023 Six of the UK’s biggest high-street banks have been placed in a “red” warning category by consumer champion Which? over their fossil fuel investments and commitments to tackling climate change. JP Morgan Chase, Santander, Barclays, HSBC, NatWest Group and Lloyds Banking Group were exposed for having too weak green credentials. Just three of the UK’s [...]
Just Stop Oil protesters disrupt West End performance of Les Miserables October 5, 2023 Just Stop Oil protesters disrupted a performance of Les Miserables at the Sondheim Theatre in London’s West End on Wednesday night. The protesters entered the stage during a performance of Do You Hear The People Sing? Just Stop Oil said that four protesters then locked themselves to the stage using flexible bicycle locks at around [...]
FCA exec: We’ve got to talk about London’s appetite for risk October 5, 2023 A senior figure at the City watchdog has said the UK needs a debate over its “appetite to risk” if London’s stock exchanges are to bounce back from a miserable twelve months. The capital has seen a dearth of IPOs over recent months, with plans in place to reform listing regimes and the research environment [...]
John Lewis needs a retail chief to take charge and steer it back on track October 5, 2023 Sharon White's successor at John Lewis faces a difficult decision, writes George MacDonald, and must choose whether to follow her strategy or forge their own to bring the British retailer success again
Metro Bank drafts in investment bankers to explore capital raise October 4, 2023 Metro Bank has reportedly drafted in a top team of investment bankers to explore ways to boost its capital position.
Sunak strips HS2 bosses of London Euston responsibility: ‘There must be accountability for mistakes made’ October 4, 2023 HS2 Ltd has been stripped of responsibility for Euston station as there “must be some accountability for the mistakes made”, Prime Minister Rishi Sunak said. Rishi Sunak used his speech at the Conservative Party conference to confirm that the high-speed railway will reach the central London station after developing a plan that will generate cost [...]
BAT, Imperial Brands shares slide after Sunak reveals smoking crackdown October 4, 2023 The share prices of major tobacco companies slid today after Prime Minister Rishi Sunak announced new proposals to crack down on smoking.
Former Co-op Bank boss appears in court accused of £196,000 fraud October 4, 2023 Former Co-op Bank boss Paul Flowers has appeared in court accused of a £196,000 fraud by abusing his position.
Rishi Sunak to defy backlash by axing HS2 route to Manchester October 4, 2023 Rishi Sunak is expected to defy a backlash from Tory colleagues and northern leaders by abandoning the high-speed rail route to Manchester as he seeks to portray himself as a radical reformer. The Prime Minister is expected to use his Conservative conference speech in the northern city to axe the HS2 leg from Birmingham as [...]
Feargal Sharkey: Customers shouldn’t pay for water firms’ failures October 3, 2023 It is quite extraordinary that less than a week after being chastised by the regulator for their failures, the water industry has decided to commit an act of industrial self-harm by announcing to millions of customers they’re going to raise their water bills. People are already furiously angry, and what this illustrates to me is [...]