Britain’s biggest businesses make net zero pledge

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Severn Trent boss Liv Garfield - Heathcliff O'Malley
Severn Trent boss Liv Garfield – Heathcliff O’Malley

Some of Britain’s biggest business have committed to cut their carbon emissions to net zero by 2040 as the UK gears up to host crucial international climate talks next year. 

EasyJet, Pearson, Deloitte, Standard Chartered, Unilever and Severn Trent are among almost 50 public and private companies making the pledge ahead of a major meeting on Monday between ministers and business leaders to discuss how businesses can help protect the environment. 

The UK has a legally binding target of reaching net zero emissions by 2050, and ministers are keen to set an example as the UK gears up to host the 26th United Nations Climate Change Conference (Cop 26) in Glasgow next year. 

The conference had been due to take place this year but was delayed due to the coronavirus pandemic. 

The more than 200 business leaders attending today’s online meeting will

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Medical Bills Are the Biggest Cause of US Bankruptcies: Study

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Bankruptcies resulting from unpaid medical bills will affect nearly 2 million people this year—making health care the No. 1 cause of such filings, and outpacing bankruptcies due to credit-card bills or unpaid mortgages, according to new data. And even having health insurance doesn’t buffer consumers against financial hardship.

The findings are from NerdWallet Health, a division of the price-comparison website. It analyzed data from the U.S. Census, Centers for Disease Control, the federal court system and the Commonwealth Fund, a private foundation that promotes access, quality and efficiency in the health-care system.

“A lot of Americans are struggling with medical bills,” said NerdWallet Health Vice President Christina LaMontagne.

NerdWallet estimates that households containing 1.7 million people will file for bankruptcy protection this year.

Even outside of bankruptcy, about 56 million adults—more than 20 percent of the population between the ages of 19 and 64—will still struggle with health-care-related bills this

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Asides access to finance, political instability is perhaps the biggest constraint facing Nigerian tech businesses

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Businesses do not exist in vacuums and before taking a leap into the world of entrepreneurship, there is a need for a socially, ethically, and politically stable environment. However, in Nigeria, it is quite the opposite and political instability seems to be a long-standing problem.

Over the years, assessments have highlighted the impacts of various regional conflicts on the business climate in the country and a report from Washington-based non-profit organisations, ONE Campaign and Center for Global Development, show that Nigeria’s tech sector is even more affected by this set of problems.

From the survey carried out by the two organisations, Nigerian tech businesses are constrained by a number of factors. The major ones include a reliable source of electricity, access to finance, corruption, and political instability. Though minor, labour regulations, taxes, courts, and tax administration are the other constraints cited.

Biggest constraints facing Nigerian tech businesses

About 63 per

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Compare Today’s Best Exchange Rates From The UK’s Biggest Currency Suppliers

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