Staff allowed to choose working hours in new trial

Hundreds of British workers will soon have greater flexibility over their working hours as part of a new pilot by the official four-day week campaign. This six-month project, building on the initial 2022 trial, will explore various flexible working models, including flexible start and finish times, a nine-day fortnight, and compressed hours. Six businesses have…

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Shops and restaurants poised for consumer spending boost with labour win and major sports events

Retailers and the hospitality sector are gearing up for a significant boost in consumer spending as Labour’s recent election victory coincides with a major weekend of sporting events, including England’s Euro 2024 match and Andy Murray’s potential final appearance at Wimbledon. Businesses across the UK are expected to benefit from a surge in consumer confidence…

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What businesses can expect from the new Labour government

With Sir Keir Starmer leading Labour into Downing Street after a landslide victory, businesses are poised to navigate a new political landscape. The honeymoon period might be short-lived, however, as Labour inherits deep-seated economic issues and faces immediate industrial crises. Thames Water Labour’s previous commitment to renationalising the water industry, a sector in dire need…

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Google’s emissions surge 48% in five years due to AI expansion

Google’s greenhouse gas emissions have soared by 48 per cent over the past five years, largely driven by its artificial intelligence (AI) products which depend heavily on energy-intensive data centres. The company’s annual environmental report identifies ‘increases in data centre energy consumption and supply chain emissions’ as the primary contributors to this rise, with total…

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Sustainable Ventures invests 12 times more in female-founded startups than industry average

Sustainable Ventures, Europe’s leading climate tech hub, has committed nearly a quarter (23%) of its investments to entirely female founders, a figure 12 times higher than the global industry average of 1.8% for female-founded teams in Europe in 2023. This significant milestone was disclosed as Sustainable Ventures celebrated its 50th investment. Notably, two-thirds (65%) of…

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Fostering Financial Wisdom: City Veteran Peter Davies from Lansdowne Partners, Guides Youth Parliament’s Chancellor Of The Exchequer

In a pioneering effort to instil financial literacy at a young age, veteran investor Peter Davies of Lansdowne Partners recently sat down with Aryan Shekar, the 11-year-old Chancellor of the Exchequer for the Sir David Amess UK Children’s Parliament for primary school students. Accompanied by five other students from Westminster Under School, Shekar grilled Davies…

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