is the industry ready? plus: the bitter row brewing at starbucks. its former boss denies illegal union busting in a tense appearance before the us senate. and players ready. a $180 billion industry, 45 contenders. who will smite the opposition at tonight s bafta games awards? hi there. powering up britain that s how the uk government is describing its new strategy to reach net zero carbon emissions by 2050. it s expected to promise £20 billion in funding for carbon capture technology, more investment in nuclear and help for householders to insulate their homes and install heat pumps. it comes after a legal challenge by environmental campaigners led to a ruling by the uk s high court that the government s previous plans were inadequate. friends of the earth, one of the campaign groups, has already described the latest policies as dangerously lacklustre and lacking on climate action. here s what the minister in charge grant shapps had to say. i think is the flipside of the
At least £22. 5 billion has already been spent building the london to birmingham section, while over £2 billion has gone towards the second phase on things such as buying up land and property. Labour manchester mayor andy burnham said ditching the manchester link would be a permanent statement to people in the north that they were second class citizens when it came to transport. Lets discuss the pros and cons. Joining me now is Alexandra Hall chen, whos the principal Policy Advisor for sustainability, skills, and employment at the institute of directors. Good morning to you. This has been such a contentious story. Ever since the leaks came out weeks ago about the future for hsz. What weeks ago about the future for hs2. What do you make of this decision on the part of the government . Decision on the part of the government . The key here is about stability government . The key here is about stability and about stability and Policy Making. Any instability in the business environment, i
On Monday, the bank announced the appointment of KVS Manian as joint managing director and Shanti Ekambaram as deputy managing director with effect from March 1, 2024. Both were seen as internal candidates for the CEO position. Before this appointment, there were news reports that KVS Manian was in the fray for the CEO position at Federal Bank, where the incumbent isn t getting the regulatory nod for another term.
To attract more foreign inflows, India must allow for higher rates of return on investments. For this, the cost on account of policy uncertainty and flip-flops needs to be curbed
"If we were to look at consensus earnings estimates for FY24/FY25, this number has been upgraded with each passing quarter depicting the resiliency of earnings. We expect earnings resiliency to continue and be supportive of the markets in general. Banking has been trailed by the broader indices despite strong earnings and trade at reasonable valuation; we expect it to do well."