The Guardian2 hours agoWith no A-listers, can Davos still play a part on the global stage?verified_publisherThe Guardian - Larry ElliottThe highlight of the last gathering of the global elite in Davos was a spat between Greta Thunberg and Donald Trump. It was January 2020 and scant attention was being paid to reports of a new virus recently detected in China. Most of those who made the trek to the Swiss alpine resort were too busy …
The Guardian2 hours agoGap between inflation rates for richest and poorest households at its widest in 16 yearsverified_publisherThe Guardian - Michael Savage Policy EditorThe gap in the inflation rates experienced by the richest and poorest households in the UK is at its highest level for 16 years – another sign that the cost of living crisis is most severe for those least able to cope. With Boris Johnson and chancellor Rishi Sunak now facing daily pleas from …
The Guardian9 hours agoThe Bank of England fears worker power, but most are taking a real-terms pay cutverified_publisherThe Guardian - Phillip InmanGoldman Sachs has bowed to demands for a less stressful workplace by offering a “flexible vacation” scheme that allows senior bankers to take a holiday whenever they feel like a break. Generosity further down the investment bank’s global chain of command is more limited: it has told traders and …
The Guardian10 hours agoLack of bouncers slams the doors on Britons’ big nights outverified_publisherThe Guardian - Sarah ButlerAfter the tumult of the past two and a half years, the hospitality sector had been hoping for a bumper 2022 to recoup its pandemic losses. But while businesses have seen a surge in customers seeking to spend their lockdown savings, the twin pressures of staff shortages and rising costs are now …
The Guardian10 hours agoNatWest’s Sir Howard Davies: ‘I’m quite pessimistic. Brexit was a significant mistake’verified_publisherThe Guardian - Larry ElliottSir Howard Davies is a worried man. He is worried about political polarisation. He is worried about the long-term impact of Brexit on the City of London. And he is worried by the pushback against globalisation. One thing he is not especially worried about is the health of the bank he chairs, …
The Guardian10 hours agoPower failures: what are the bosses of Britain’s bust energy firms doing now?verified_publisherThe Guardian - Alex LawsonFor the coachloads of visitors lured to Fort Augustus on the southern shore of Loch Ness by the prospect of spotting the mythical marine monster, a collection of green shipping containers parked in a nearby field warrants barely a glance. But for some, those shipping containers represent green gold. …
