Charities linked to Baroness Mone and her husband are distancing themselves from the couple after they were accused of secretly receiving £29 million by lobbying for a PPE company. ActionAid has said it will no longer accept any donations from the Barrowman Foundation which was founded by Mone’s husband, the financier Doug Barrowman, and lists her as a trustee. ActionAid ...
London firms will be forced to weather a sharp drop-off in investment in the coming months before it rebounds in full force, a top official at the British Business Bank has warned. Matt Adey, senior economist at the state-backed economic development bank, said choppy markets in the UK meant that investment into London’s growing firms would slow in the period ...
Farmers without solar panels could be missing out on up to £1bn over the next two years, according to new analysis from the Energy and Climate Intelligence Unit (ECIU). Solar panels have enabled farmers to sell energy they generate themselves to cut their own bills.However, the vast majority of England’s farms do not have solar panels – with only 28 ...
Facebook and Instagram have asked for government protection from Jacob Rees-Mogg’s bonfire of up to 4,000 EU laws on post-Brexit statute books. In a letter to a parliamentary committee to be published on Friday, the parent group, Meta, asks that laws underpinning social media firms are either “explicitly maintained elsewhere” or “removed from the scope” of the retained EU law ...
Michael Murray’s attempt to “elevate” the Frasers Group brand has stepped up a gear after the Sports Direct owner confirmed it had bought Gieves & Hawkes. The Savile Row tailor, which has dressed royalty as well as Lord Nelson, Winston Churchill and Noël Coward, was put up for sale this year after its Chinese owner was placed into liquidation.Frasers’ interest ...
Atom Bank has pushed back its flotation by at least two years after tapping backers for another £30 million, giving it a post-deal valuation of £460 million. The fast-growing, Durham-based online lender is now aiming for a “liquidity event” in 2024 or 2025, having previously pencilled in 2022 or 2023. A liquidity event could be an initial public offering on ...
Jeremy Clarkson has said that Britons “do not pay enough for their food”, while recounting an experience when he was battered by heavy rain as he tried to help pigs mate. The broadcaster, 62, bought an Oxfordshire farm in 2008 and began managing the land when a tenant farmer retired in 2019. His efforts have been documented in the TV ...
You might be able to get toothpaste back in the tube, but not people. Flexible working is here to stay in the UK – as you can see from the fact that weekday ridership on public transport stays stubbornly beneath pre-pandemic levels. Charlotte Boffey, UK Head of Services at Employment Hero looks at a survey of UK knowledge workers which found ...
Hybrid work is an increasingly popular model that is being adopted by companies around the globe. Some of the world’s largest organizations have already gone hybrid, benefiting from happier, more productive employees and cost savings. Research from Gartner reveals that by 2030, 48% of employees will work remotely, compared to 30% before the COVID-19 pandemic. So, as the adoption of ...
Why is the huge betting demand for QATAR? The main reason is that in November 2022 Qatar hosts the first Middle East and North Africa (MENA) region FIFA World Cup. With Doha as its capital city, Qatar is one of the Arab world’s most progressive states. Sport has played an important role in the development of Qatar’s identity as seen ...