Compliance fines bite financial services firms

Compliance fines and regulatory lapses continued to bite financial services firms hard in 2022.  

The Financial Conduct Authority (FCA), the industry watchdog, posted over £215 million worth of fines on its website for 2022. Santander received the biggest Read more

Cost-of-living crisis tops global risk report

The cost-of-living crisis has topped the World Economic Forum’s 2023 report – up from second place in 2023.

It was cited as the number one risk over the next two years followed by natural disasters and geoeconomic confrontation. Geopolitcal Read more

Businesses are out of step on biodiversity

Businesses are out of step on biodiversity as the world sets landmark targets to address the issue.

Nations agreed to protect a third of the planet for nature by 2030 at December 2022’s COP15 UN biodiversity summit in Montreal, Read more

The metaverse fails to impress

The metaverse promises to herald a new age of virtual connectivity, yet Brits remain unimpressed, according to a global survey.

While 37 per cent of respondents say they would take part in the virtual ecosystem, fewer than one Read more

Remote working helps engage staff

Remote working helps engage staff in their tasks as a new study on meeting shows, according to the Harvard Business Review.

Managers have consistently worried that remote working is not a true replacement for in-office work. Despite the Read more

EU strengthens regulation targeting deforestation

The European Union has agreed to strengthen regulation targeting products that contribute to deforestation.

New regulation aims to set strong, mandatory due diligence rules for companies importing to or exporting from Europe. Businesses will need to prove that their Read more

Pessimism dominates Europe’s boardrooms

Pessimism dominates Europe’s boardrooms as the energy crisis and rampant inflation continue to weigh down business confidence.

Over a third (34 per cent) of chief executive officers (CEOs) in ERT’s latest survey said they plan to temporarily cut investment Read more

Whitepaper: Building Resilience Into Your Supply Chain: Insights Into the German Supply Chain Due Diligence Act

Globalization has increased the complexity of supply chains beyond recognition with many businesses having thousands, and often tens of thousands, of direct and indirect suppliers. Major crises such as the global pandemic and the conflict in Ukraine have created Read more