Back to Top

Portland's bridge-hangers and 'kayaktivists' claim win in Shell protest

In two of the most daring days in the modern environmental movement, Greenpeace activists set social media ablaze and, despite the Fennica’s moving on toward the Arctic, hailed the action as a ‘historic achievement’

They were two of the most daring days of the modern environmentalist movement: Greenpeace protesters, suspended from a bridge above – and others kayaking against a Royal Dutch Shell icebreaker below.

Thirteen activists hung from the St John’s bridge, while another 13 monitored their ropes from above. Then, on Thursday night in Portland, just when the Greenpeacers thought the Shell ship had turned away and they could fend off $2,500-an-hour fines, the authorities came in.

Continue reading…
Source: The Guardian Circular Economy RSS

Supermarkets could stop hiring over-25s to avoid national living wage, say analysts

Credit rating agency Moody’s warns big four may close stores or try to avoid employing people eligible for rise to £9 an hour by 2020

Supermarkets could close stores and try to avoid employing over-25s to cover the cost of implementing a new “national living wage”, the influential credit rating agency Moody’s has warned.

Its research will raise concerns about the countermeasures big businesses could take to pay the national living wage, which was announced by George Osborne in the summer budget.

Continue reading…
Source: The Guardian Circular Economy RSS

Fuel cell industry charges forward thanks to big corporate customers

Businesses that want low-carbon, reliable distributed power are turning to fuel cells which, if costs come down, could compete with solar and wind energy for these deep-pocketed customers

Unlike solar panels or wind turbines, fuel cells are usually hidden from sight. But a growing number of big companies are relying on these mini power plants for a steady supply of electricity with a lower carbon footprint.

Fuel cells, which date back to the 1800s, generate electricity by putting natural gas through a chemical reaction. They release about half the emissions of a conventional power plant, according to the US Environmental Protection Agency.

Continue reading…
Source: The Guardian Circular Economy RSS

Poundland puzzles over how to keep it cheap and in reach

CEO Jim McCarthy has to convince the regulator about the merits of its takeover of rival 99p Stores and expand successfully in a crowded market

If you gave Poundland’s chief executive a quid every time he says “amazing value” while accompanying him to a store, your outlay would be considerably more than the £4.72 that shoppers spend on an average visit.

Checking out the bargain chain’s Fulham outlet in west London, Jim McCarthy is gobsmacked by a sudden run on goldfish bowls – apparently being snapped up by students across the UK as makeshift cocktail glasses that can be shared by multiple tipplers dunking in straws. He marvels at other oddball bestsellers for the chain, such as two-for-a-pound Aloe Vera drinks which are selling more than some top drinks brands. And he is gutted that the company has sold out of selfie-sticks despite buying in tens of thousands of the gadgets. “We’re getting more in,” he says, firmly.

Continue reading…
Source: The Guardian Circular Economy RSS

A bionic hand in five days: how tech innovation is changing lives

Assistive technology is giving disabled people more control over their lives, but businesses and charities have a long way to go on accessibility and affordability

In the UK, more than 11 million people live with a limiting long-term illness, impairment or disability, according to government statistics. More than one in four disabled people, meanwhile, say that they don’t have choice and control over their daily lives.

For those who need it, a bionic limb can cost up to £80,000 and take three months to make. However, by using 3D scanning and printing, a Bristol-based start-up reckons it can provide an amputee with a bionic hand for less than £2,000 in less than a week.

Continue reading…
Source: The Guardian Circular Economy RSS

Tsipras denies 'secret plan' to take Greece out of euro – as it happened

2.52pm BST

A quick round-up of the main events on Friday. Thank you for all your comments and have a good weekend. We’ll be back on Monday.

2.37pm BST

The Greek finance minister Euclid Tsakalotos and the economy minister Giorgos Stathakis have been meeting with the lead negotiators from the EU, ECB and IMF, after the IMF’s new head representative to Greece, Delia Velculescu arrived in Athens late on Thursday.

Greece’s BHMA FM radio station reports on its website that also present at the meeting, which is taking place at the Athens Hilton, is the European Commission’s Declan Costello, the European Central Bank’s Rasmus Refer and European Stability Mechanism’s Nicola Giammarioli. The four institution heads – dubbed the quartet – are scheduled to meet with the governor of the Bank of Greece Yannis Stournaras.

The creditors have reportedly requested:

The last request, for the abolition of solidarity tax, affects about 350 Greek taxpayers. The institutions have also proposed the introduction of a single 6% tax rate on incomes over €50,000.

On Thursday the institutions’ technical teams had a special meeting to discuss parafiscal taxes and the possibility of establishing an interministerial committee in order to simplify business licensing process. Talks will also begin so that by the end of the year there will be new a framework for collective bargaining that will guarantee justice and efficiency in the workplace.


@g_stathakis #Tsakalotos drink black coffee w/ @DeliaVelculescu et al on #Greecebailout talks

Continue reading…
Source: The Guardian Circular Economy RSS

Cyber attack hits RBS and NatWest online customers on payday

Banking group says Distributed Denial of Service attack prompted flood of complaints from customers

The RBS banking group has revealed it suffered a cyber attack on its online services that left customers struggling to log on for nearly an hour – just as monthly pay cheques were arriving in accounts.

The group, which boasts 6.5m customers under the NatWest, RBS and Ulster brands, said it was the victim of a deliberate surge in internet traffic, called “Distributed Denial of Service”. This floods a company’s site with millions of requests, potentially bringing it to a standstill. The “distributed” version of a cyber attack involves thousands of computers under the control of one attacker.

Continue reading…
Source: The Guardian Circular Economy RSS

Martin Lewis nets £25m after selling shares

Personal finance journalist Lewis sold 9m shares at £2.80, reducing his stake in the website from 3.1% to 1.5%

Martin Lewis, the personal finance journalist, has made £25.2m after selling a large portion of his shares in the price comparison website

Related: founder pulls out of £95m share sale

Continue reading…
Source: The Guardian Circular Economy RSS

Child free fashion: a new label aims to end exploitation

A foundation is piloting a label to guarantee clothes are child labour free, but when auditing failed to prevent tragedies like Rana Plaza, campaigners doubt its ability to create change

Children are ubiquitous in the fashion supply chain: from the cotton farms of Uzbekistan, to the mills of India and the tanneries and factories of Bangladesh. Children are employed to produce and sell clothing because they can be paid less and exploited more than adults, and children work because poverty drives them to need to support themselves and their families.

The International Labour Organisation (ILO) defines child labour as “work that deprives children of their childhood, their potential and their dignity, and that is harmful to physical and mental development”. Worldwide, it denies 168 million children the right to education, leisure, and a healthy life.

Continue reading…
Source: The Guardian Circular Economy RSS

Afren enters administration after oil price slump and boardroom strife

Oil and gas explorer fails to find financial backing to plug £132m funding gap caused by Brent crude’s international price nosedive

Plummeting oil prices and internal boardroom upheaval have forced the London-listed Afren exploration company into administration.

Crisis management consultants from AlixPartners were brought in after Afren failed to find financial backers to meet a growing cash crisis at the firm, which produces oil in Nigeria and the Kurdistan region of Iraq.

Continue reading…
Source: The Guardian Circular Economy RSS