COP26: UK and global accountancy bodies aim for net zero emissions October 8, 2021 The UK professional body for accountants has joined global peers in making a public commitment to net zero emissions. The Institute of Chartered Accountants in England and Wales (ICAEW) yesterday announced it will sign a commitment to net zero emissions and create plans to achieve this, alongside a network of global accountancy bodies. The 13 [...]
Home working prompts Brewin Dolphin to abandon HQ relocation plans October 8, 2021 Wealth manager Brewin Dolphin has scrapped plans to move its headquarters into the City after more staff adopt flexible working. The company first announced plans to move its head office in November 2019, according to a statement published yesterday. Brewin Dolphin said the original plan, formulated two years ago, was to move from Smithfield Market [...]
Agriculture giant Olam looking to raise £2bn in London food ingredients IPO October 6, 2021 Olam International, the global agricultural commodity trading giant, is considering raising £2bn through the IPO of its London-based food ingredients unit next year, the firm has announced this morning. Five global banks have been appointed to work on the IPO, which would likely rank among the biggest offerings in London over the last few years. [...]
Over two thirds of lawyers have battled with mental health problems September 28, 2021 More than two thirds of lawyers in the UK have suffered from mental ill-health, and the majority are at a high risk of burnout, a new report by a lawyer wellbeing charity has found. The report by LawCare, published today, contained the results of a detailed survey of over 1,700 legal professionals across the UK, [...]
Brexit has fuelled gasoline crisis, admits Grant Shapps September 28, 2021 Transport Secretary Grant Shapps has back tracked to admit that Brexit “no doubt will have been a factor,” in the ongoing fuel crisis. Despite pushing back last week on accusations that Brexit was to blame for the current shortage of Heavy Goods Vehicle (HGV) drivers, Shapps admitted this morning in comments to the BBC that [...]
Liz Hurley to open Estée Lauder-funded cancer support centre in Kings Cross September 28, 2021 Celebrity Elizabeth Hurley will open a new cancer support centre funded by Estée Lauder Companies in central London tomorrow. The centre, called the Future Dreams House, will provide a “beautiful and relaxing” space London where people affected by breast cancer can get physical and emotional support and advice, according to a statement by Future Dreams, [...]
‘Bat from Wuhan’: PwC chief apologises for ‘racist and offensive’ staff event September 28, 2021 The chief executive of PwC Australia has issued an apology for “racist and offensive” behaviour by two human resource staff members during a trivia event hosted by the Big Four company. The virtual game of trivia in which one PwC HR executive allegedly dressed as a “bat from Wuhan”, while another mocked Chinese accents, took [...]
FTSE 100 engineer Smiths sees revenue growth return September 28, 2021 British engineering giant Smiths has reported a return to revenue growth, in its first set of results since the appointment of its new CEO in May. Underlying revenue for the Group was two per cent for the full year, with growth seen in the final quarter. Operating profit at the multinational engineering company was up [...]
Pilgrim’s Food Masters starts trading after completing £703m Kerry acquisition September 28, 2021 Pilgrim’s Food Masters, which was created following the £703m acquisition of Kerry Group plc’s Consumer Foods’ Meats and Meals in June, has started trading. Kerry Group agreed to sell its Meats and Meals business in the UK and Ireland, which manufactures food-to-go and meat-free products, to American corporate Pilgrim’s Pride for €819m. Pilgrim’s Food [...]
BHP braces for backlash by investors over climate plan September 28, 2021 Shareholders in mining giant BHP have been advised to vote against the company’s carbon emission plans, ahead of its annual general meeting in London next month, according to reports. In a report shared with investors Glass Lewis, the influential proxy adviser, questioned the scientific basis of BHP’s Climate Transition Action Plan and said there was [...]