Category Archives: Business
What is Mayor Khan’s ULEZ zone extension?
29 August 2023 /Transport/ –The Ultra Low Emission Zone (ULEZ) is a low-emission zone in London, England. It was introduced in April 2019 and expanded to cover all London boroughs on August 29, 2023. The ULEZ charges drivers of vehicles that do not meet certain emission standards a daily fee to drive within the zone. The aim of the ULEZ is to reduce air pollution in London.
CASE and More Partnership release joint study of fundraising trends in UK higher education
The Council for Advancement and Support of Education (CASE) and More Partnership have joined forces to reprise an important look at a decade of fundraising trends within the UK higher education sector. The findings and recommendations have wide-ranging implications for the sector, and beyond. Continue reading
What to do in a ship fire like that of the Fremantle Highway?
The large ship fire on the Fremantle Highway has once again shown that the transport of electric cars entails other risks. The approach to an incipient fire also requires a different approach. And while the fire on the Fremantle Highway ended relatively well, it was close to a bigger disaster. That is why FMTC, specialist in safety training for the offshore and maritime sector, among others, provides more insight into the specific characteristics of a ship fire with a high-risk cargo, such as electric cars. How does such a fire start, how do you fight it and what measures can you take to prevent a recurrence of this near-disaster? Continue reading
The Fintech Fueling Europe’s Digital Currency Revolution: Perfinal’s Role in Europe’s first Live CBDC Project
Europe has recently witnessed the launch of its first live Central Bank Digital Currency (CBDC) project launched by The Central Bank of Hungary, with Perfinal taking center stage as the fintech backbone of this monumental transition. This remarkable initiative places Perfinal at the forefront of a digital currency revolution, as the financial world grapples with blending traditional mechanisms with new-age digital innovations. Continue reading
Mastercard selects Fluency as its New CBDC Partner
Mastercard, a global leader in payment solutions, recently announced Fluency as its CBDC partner, as part of plans to capitalise on the growing interest in CBDCs. https://mpelembe.net/index.php/uk-business/?rkey=20230818EN88111&filter=9768
EV Charge Anxiety: 67 percent of UK EV drivers prepared to pay to reserve a charging bay
The lack of availability and accessibility of current EV charge points, coupled with damaged infrastructure, incompatibility and inadequate payment options is causing frustration amongst UK EV drivers. As a result, over two-thirds (67 percent) of respondents are prepared to pay a premium to reserve a public charging bay to ensure they can power up their vehicles. Just over a quarter (27 percent) are willing to part with up to £10, and 33 percent up to £5. A further 7 percent would even be prepared to go higher at over £10, all to avoid ‘charge anxiety’. Continue reading
The “Digital Wallet Race” Intensifies as Banks and Fintechs in Europe and Around the World Invest in Insurance: Chubb Survey
A new survey from Chubb, the world’s largest publicly traded property and casualty insurance company, reveals that a majority (56%) of financial executives involved in insurance decision-making globally expect to generate more than 10% of their revenue from embedded insurance within three years. Today, just 11% of firms in Europe report that level of revenue, compared to 20% globally, but 62% say their customers are interested in obtaining embedded insurance. Continue reading
This Week in Transportation News: 13 Stories You Need to See
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the auto and transportation industries stay on top of the week’s most newsworthy and popular releases, here’s a roundup of stories from the week that shouldn’t be missed. Continue reading
Global Airlines and American Express set for take-off with new partnership
Global Airlines, the world’s newest long-haul airline, has announced a significant partnership with American Express, meaning high-spending Amex Cardmembers can book tickets and benefit from exclusive offers with the airline. Continue reading