Impact investing is increasingly a buzzword in the City as millennial investors take over August 24, 2021 Impact investing, the strategy to make financial profits but create a long-standing, positive impact on our world, in the process, is becoming increasingly ‘a thing’ in the City and other financial hubs around the world. Many investors are hyper-aware of what is happening around them, with factors such as corporate social responsibility (CSR) making a [...]
US stocks open higher to cancel out last week’s rout August 23, 2021 US stocks rose sharply today to help claw back sharp losses registered in last week’s deeply volatile trading environment. The blue-chip S&P 500 jumped 0.95 per cent to 4,483.95 points, while the Dow Jones climbed 0.72 per cent to 35,372.11 points. The tech-heavy Nasdaq was on track for another record high, surging 1.59 per cent [...]
Extinction Rebellion: Giant climate talk table set up in Trafalgar Square August 23, 2021 Climate activist group Extinction Rebellion have erected a giant pink table in the centre of London today, in their bid to ensure everyone gets a seat at the table of discussion when it comes to the warming climate and its impacts. The four-metre structure, which reads “come to the table” and has been fit [...]
Turn off Zoom: London City airport exec bullish on the return of business travel August 23, 2021 Business travel is expected to quickly rebound in 2022, as executives ditch Zoom calls and return to Europe, the US and beyond to press the flesh, a London City airport executive said today. So far, business travel has lagged behind leisure travel in recovery, as technological alternatives has proven cheaper and more resilient to the [...]
Anti-vaccine protesters storm ITN headquarters August 23, 2021 Anti-vaccine protesters have stormed the London headquarters of ITN, the production giant that produces news programmes for ITV, Channel 4 and Channel 5. Footage posted on social media showed dozens of anti-vaxxers in the reception of ITN’s offices on Grays Inn Road. An image shared by ITV journalist Dan Rivers also showed large numbers of [...]
Extinction Rebellion protests cost over £50m August 21, 2021 The cost of policing Extinction Rebellion protests are over £50m, and is expected to rise with more demonstrations planned over the next few weeks, according to reports. The Metropolitan Police’s gold commander for the demonstrations, Rachel Williams, said the figure included the response to two protests in 2019 and one in September last year, when [...]
Treasury refuses to bankroll Michael Gove’s single government login proposal August 21, 2021 Michael Gove’s plan to give every adult a single login for online interactions with the government, could be stalled by a funding dispute with the Treasury, according to reports. The Cabinet Office’s proposed plan, dubbed “one login for Government”, would result in people logging into a single online interface to conduct a host of activities [...]
Less rush hour traffic means major commuter train services could be cut next year August 21, 2021 Train operator Govia Thameslink are considering reducing services on major commuter lines into London, in anticipation of the end of “big spikes in rush-hour commuting”, according to reports. The train company operates the Thameslink, Great Northern and Southern lines which hundreds of thousands of people commuting into London and other cities use every day. The [...]
The hunt is on: 49-year-old Lee Peacock is London’s most wanted after two bodies found August 21, 2021 The police this morning is looking for a 49-year-old man as part of a murder investigation after two bodies were found within hours of each other at separate addresses in central London. The Metropolitan Police said in a statement they were appealing for information about the whereabouts of Lee Peacock, who they wished to speak [...]
Bidding war for Morrisons heats up as US private equity giant makes £7bn move August 20, 2021 A fresh £7bn bid for supermarket chain Morrisons has been put forward by US private equity firm Clayton, Dubilier & Rice (CD&R). The deal has been unanimously accepted by the board of the grocer and directors have said shareholders should vote in favour of the takeover at a meeting due in early October. It means [...]