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UK and Hungary governments launched windfall taxes

The governments of the UK and Hungary launched windfall taxes to tackle the rises in living costs because of soaring energy prices.… More

27 May 2022

The risk of food shortages increased from already high levels because of the conflict in Ukraine, said leading world agencies. The number of severely food insecure people has doubled in two years… More

The Bank of England regulator said the financial sector must improve operational resilience in its first annual review of the topic since rules came into force last year. In particular, David Bailey,… More

Ransomware attacks increased by 80 per cent over the last 12 months, according to a Sophos white paper. That means that ransomware attacks hit two out of three organisations in 2021. This demonstrates… More

Businesses are attempting to shield customers from price hikes by absorbing costs where they can, according to government figures. More than one third (36 per cent) of businesses absorbed costs because of… More

Earlier this year, storms Malik, Corrie, Dudley and Eunice, and the crisis in Ukraine demonstrated the weakness of the UK’s centralised energy supply. The UK’s infrastructure needs to be more environmentally sustainable… More

Businesses need to put social responsibility at the fore to avoid long-term reputational damage following the pandemic, IRM Environmental and Social Governance Group chair Anita Punwani told the BBC in an interview.… More

The conflict in Ukraine and Covid are fuelling supply chain nationalism in a trend that could reverse globalisation. The rise of populist nationalism in countries such as the UK and US had… More

The deadline for operational resilience measures mandated by the UK financial regulator the FCA is imminent. From the end of March financial services firms must demonstrate they have a grip on operational… More

Organisations are failing to bridge talent gaps among critical staff, chief human resources officers said in the analyst Gartner. In fact, fewer than one in five (19 per cent) said they are… More