London disruption warning after rail track left hanging in mid-air due to ‘huge landslip’ January 15, 2023 Major disruption is expected after a main railway line collapsed in a “huge” landslip which left one track hanging in mid-air. The 44-metre landslip happened on the embankment to the north east of Hook station in Hampshire, on the line from London to Basingstoke. The damage has left only two of the four-track railway passable, [...]
Credit Suisse preparing to cut 10 per cent of European investment bankers – report January 15, 2023 Credit Suisse is preparing to lay off more than 10 per cent of its European investment bankers after issuing redundancies to hundreds of staff last month. The Swiss bank is planning to make widespread layoffs, as it pushes forwards with plans to sack thousands of workers, the Financial Times reported. Credit Suisse declined to comment [...]
Why bear watching is better when you see no bears January 15, 2023 In some ways, going on a bear hunt is exactly how I’d imagined it would be. Approaching a clearing at the edge of a forest, I’m instructed to creep on tip- toes, avoiding the menacing crunch of leaves which could be loud enough to send a Marsican brown running for the hills. I can’t help [...]
The Electric Vehicle r(EV)olution January 15, 2023 | Sponsored As of 2022, electric vehicles account for more than one in six registrations in the UK. That’s more than the period between 2016 – 2020 combined. And EV’s are here to stay; by 2030, all new conventional petrol and diesel cars and vans are set to be banned from sale. What’s driving this change? In [...]
Hedera to host five days of events at Davos with POLITICO, will.i.am, Starling Labs and IBM January 14, 2023 Decentralised network Hedera has announced its agenda for Hedera Haus at Davos 2023, coinciding with this year’s World Economic Forum (WEF).
Ex homeless charity boss spent thousands on luxury travel, high-end London restaurants and Apple watches, commission probe finds January 14, 2023 The former boss of a homelessness charity spent thousands of pounds of its money on luxury travel, meals and watches, an investigation has found Lee Dribben, former chief executive of the Ashley Foundation, also used charity funds to buy a surveillance system, according to an inquiry by the Charity Commission. The regulator said it had [...]
FuturePlus joins forces with Diode to simplify the switch to electric vehicles January 14, 2023 | Sponsored FuturePlus, the online sustainability measurement platform, has announced an exciting new sustainability partnership with electric vehicle (EV) technology start-up Diode – which will make switching to EV smarter, easier and more affordable. ‘FuturePlus powered by Diode’ will see the innovative British technology companies work together to provide an easy-to-use solution for organisations to make a [...]
Why this weekend is the biggest round of this year’s Premier League title race January 13, 2023 If the Premier League season is the proverbial marathon rather than a sprint, then this weekend sees the pacesetters in the title race, Arsenal and Manchester City, approach the halfway marker. As they do so, they face personal duels with bitter rivals that could have a huge impact on their momentum heading into the second [...]
Goldman Sachs’ new fintech unit racked up staggering £2.5bn loss since 2020 January 13, 2023 Goldman Sachs’s new fintech unit, Platform Solutions, lost $3bn (£2.5bn) since 2020 according to earnings reports republished by the bank on Friday. Platform Solutions – a new unit housing fintech and many of Goldman’s consumer banking products such as the Apple Card and Greensky – was announced as part of restructuring plans in October. To [...]
Blackrock’s profit and AUM down but world’s largest fund manager reports net inflows of $146bn January 13, 2023 Blackrock reported an 18 per cent drop in its fourth-quarter profit blaming an ‘operating environment unlike anything we’ve seen in decades’. The world’s largest fund manager still managed to net increase inflows, which totalled $146bn during the three months ending 31 December. Blackrock’s net income income fell 23 per cent to $1.3bn (£1.1bn) from $1.6bn [...]