Money Matters
Unaccompanied carriage volume between the UK and France grew 65 percent
London Medway’s unaccompanied freight service between the United Kingdom and France has reached a new milestone, with a two-thirds increase in trade since its inception. The route across…
Continue ReadingBarclays joins green agenda with the new credit rules
Barclays said Wednesday it is tightening credit criteria for coal – fired power plants and halting funding for oil sands exploration and production, but did not announce new…
Continue ReadingFord announces job cuts, including 1300 jobs in the UK
Some 2,300 jobs will be lost in Germany, 1,300 in the UK and 200 in the rest of Europe. Ford plans to cut some 3,800 jobs over the…
Continue ReadingStudy: large companies do not reduce CO2 emissions, but lean towards compensation scheme
Companies formulate firm climate goals on paper, but firm policies to achieve them are often lacking. A popular strategy is not to reduce emissions, but to offset them…
Continue ReadingGovernment don’t abandon dreams of making the UK a ‘crypto hub’
The United Kingdom (UK), cannot afford to lag behind and has outlined plans to regulate Bitcoin and cryptocurrency. All this under the guise of consumer protection. The UK…
Continue ReadingBank of England puts interest rates at the highest level since 2008 crisis
The Bank of England (BoE), raised the main interest rate by 50 basis points on Thursday as expected. It now stands at 4 percent, the highest level since…
Continue ReadingParents replace meat and fruits with pasta due to the cost of living crisis
Parents with young children change their buying behaviour: 27 percent buy less meat against the background of the cost of living-maintenance, according to new research. A study by…
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