During COP26, all eyes are on Glasgow as leaders descend on the city to decide the future of our planet. The world is watching, and there’s a lot at stake. Climate change is one of the most pressing issues of our time, if not the most, and businesses are not shy about highlighting their sustainability credentials. The environment has ...
The UK may eventually need to implement a carbon dioxide border tax to stop consumers effectively exporting greenhouse gas emissions abroad, the environment secretary has said. On Sunday, George Eustice insisted he was not in favour of a domestic meat tax to help reduce global heating and that such a proposal had “never been on the cards”. But, in ...
Vauxhall says the global shortage of microchips has forced it to cut 100 jobs at its Luton van plant. Affected staff at the plant, which makes the Vivaro van, are set to leave by the end of the week. It was initially feared up to 200 positions might go when the company began consultation in September. Paul Willcox, managing ...
Game publisher Electronic Arts (EA) has told investors that collectible NFTs are “an important part of the future of our industry”. NFTs have erupted in popularity in recent months as a way to buy and sell digital-only art and collectible items. EA makes the Fifa football series, which uses “card packs” to “collect” players in its Ultimate Team mode. ...
A shop that was billed as the “world’s oldest department store” prior to its closure in 2019 is to reopen as a pop-up store. Bennetts, in Derby – which opened as an ironmongers in 1734 – was bought out of administration by local businessman Paul Hurst. Mr Hurst said he was hoping to reopen a series of smaller stores, ...
Five of the UK’s biggest supermarkets have promised to halve the environmental impact of a weekly food shop by the end of the decade. Tesco, Sainsbury’s, Waitrose, Co-op and M&S said they would reduce carbon emissions, deforestation and the food waste and packaging they produce. Their efforts will be monitored by the WWF conservation group. “Food production is one ...
British businesses’ output has fallen for the sixth month in a row amid a supply chain crisis, energy price rises and a shortages of workers. UK business output hit its lowest level since March during the last national coronavirus lockdown, according to the accountancy firm BDO. Its measure fell from 105.23 points in September to 103.35 points in October. ...
The prospect of a trade war between the UK and the EU has edged closer, with Ireland giving the clearest hint yet that Brussels plans to suspend the entire trade deal struck last December if the British government suspends the Northern Ireland Brexit protocol. The Irish foreign minister, Simon Coveney, accused the UK of “deliberately forcing a breakdown” in ...
The UK could cut its total electricity usage by 1% if the top five British supermarkets put doors on fridges, campaigners have said. Aldi has pledged to put fridge doors in all of its new UK stores, saving 2,000 tonnes of carbon a year. Other supermarkets say they will try to make open fridges more efficient. But the Environmental ...
Elon Musk on Saturday asked his 62.5 million followers on Twitter if he should sell 10% of his Tesla stock. “Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock,” Musk wrote in a tweet referring to a “billionaires’ tax” proposed by Democrats in the US Senate. ...