A particularly cold September has given us a glimpse of the winter to come. The cold will bite hardest for the 13% of England’s households that are already in fuel poverty. As the energy crisis intensifies, this is expected to rise further.
Category Archives: Business
Various Claimants vs. Associated Newspapers Limited
London, 6 October 2022 /Press release/ — Today a group of people have launched a legal action against Associated Newspapers, publishers of The Daily Mail, The Mail on Sunday and the Mail Online.
The group behind this legal offensive are: Baroness Doreen Lawrence of Clarendon OBE; Prince Harry, The Duke of Sussex; Sir Elton John and David Furnish; Elizabeth Hurley; and Sadie Frost.
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Largest Bank in the CEE Region to Enter Metaverse
It will be used as a laboratory to broaden experience and to test relevant technological solutions. According to Paweł Gruza, vice president of the management board of PKO Bank Polski managing the work of the management board, in the perspective of a decade, Metaverse may become such development impulse for the global economy as the emergence of a PC, Internet and smart phones in the past. Continue reading
Banking in 2035: Trust, climate risks and geopolitical rivalry shape a purpose-driven industry, forecasts study
As disruptive forces roil today’s financial sector, banking execs are scrutinizing the evolving role of banks in the most competitive market they’ve ever faced. What does the future hold? And how can they meet the challenges ahead to forge a brighter future – both for the industry and the greater world? Such is the focus of a new future of banking study, Banking in 2035: three possible futures, by Economist Impact and sponsored by AI and analytics leader SAS. Continue reading
PwC announces record global revenues of US$50 billion
Finastra research points to open finance progress
Finastra today revealed a sneak peek at its annual State of the Nation Financial Services research. Results point to the significant progress the industry has made around open finance and collaboration, despite the challenging market conditions of the last few years. Continue reading
Three reasons a weak pound is bad news for the environment
Katharina Richter, University of Bristol; Alix Dietzel, University of Bristol, and Alvin Birdi, University of Bristol
The day before new UK chancellor Kwasi Kwarteng’s mini-budget plan for economic growth, a pound would buy you about $1.13. After financial markets rejected the plan, the pound suddenly sunk to around $1.07. Though it has since rallied thanks to major intervention from the Bank of England, the currency remains volatile and far below its value earlier this year.
South African teens skip school to chase risky crypto dreams
- Young South Africans see crypto as way to quick wealth
- Poverty, high unemployment pushes them to crypto
- Users not fully aware of risks, vulnerable to scams
By Kimberly Mutandiro
JOHANNESBURG, Sept 26 (Thomson Reuters Foundation) – John first heard of cryptocurrency three years ago, when the teenager came across slick YouTube videos and Facebook posts of other South Africans claiming to have become wealthy overnight with bitcoin.
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Social factors and geopolitical tensions are the major cause of disruption in the mining sector, with ESG the top focus
ESG issues, geopolitics and climate change are the top three risks/opportunities facing mining and metals companies over the next 12 months, according to global mining leaders surveyed for the 15th edition of the EY Top 10 Business Risks and Opportunities for mining and metals in 2023. Continue reading
eBay Awards $500,000 to 2022 Class of Up & Running Grant Recipients
eBay Inc. today announced the recipients of its third annual Up & Running Grant program, which was created in partnership with Hello Alice to support U.S. small businesses with the capital and resources they need to scale, grow and thrive online. Continue reading
