People in Britain have more confidence in the EU than the UK parliament, reversing a state of affairs that has lasted for more than 30 years, research reveals. Since the UK voted for Brexit, the proportion of people declaring confidence ...
Increasing capital requirements on SME lending will stifle economic growth and depress the UK’s small business sector, business groups have warned. Under proposals being considered by the Prudential Regulation Authority (PRA) as part of the Basel 3.1 regulations, favourable treatment ...
NEW YORK – Activist shareholder platform Tulipshare is calling on Nike to offer more transparency on working conditions in its supply chain. In a shareholder proposal released Thursday, London-based Tulipshare requested a report from Nike on whether its policies effectively address its stated equity goals and human rights commitments. The group, which ...
A gas-fired power station and plants making low-carbon hydrogen will be among Britain’s first projects to capture their carbon emissions under plans unveiled by the government yesterday. A cement works, a lime plant and energy-from-waste projects were also among eight ...
Business confidence has risen to its highest level in ten months as companies become increasingly optimistic about filling staff shortages, according to the latest Lloyds Bank business barometer. An easing of wage demands from last year’s highs boosted optimism among ...
Virgin Orbit will lay off 85 per cent of its workforce after the satellite launch business failed to find new funding in the face of a cash crunch. Shares in the group, founded by Sir Richard Branson in 2017, tumbled ...
Ocado Group has seen off claims from an international rival “goods retrieval” company that alleged the British online retailer and technology group had stolen several of its technology inventions. A High Court judge ruled that two patents held by the ...
NatWest and Lloyds are to axe a further 81 bank branches as both announced fresh cuts to their high street networks. Lloyds Banking Group is closing 39 branches – 26 Lloyds Bank outlets, nine Halifax branches and four Bank of ...
A decision on whether to bring forward the date when the state pension age rises to 68 has been postponed until after the next general election, the government has announced. Responding to a review of the UK retirement system’s funding, ...
TOKYO – Japan bans Russia-bound exports of steel, aluminum and aircraft including drones in its latest sanction against Moscow’s invasion of Ukraine, the trade ministry said on Friday. The measure, which also prohibits Japanese entities from exporting a wide variety ...