“But that came after weeks of loud campaigning from Farage”, and the intervention of the prime minister. The last big UK boss to quit with no warning was Alison Rose, the chief executive of RBS, over how the firm – which owns Coutts – handled its relationship with Nigel Farage. As the markets closed yesterday, BP’s shares were down almost 3%.
After 32 years, today is just the second day of his working life not at BP.Īlex says companies as big as BP, which is worth £88.5bn (the equivalent to about 20 times the value of Marks & Spencer), “normally plan succession years in advance” and “the last thing they want to do is shock investors – but this was definitely a shock”. Looney joined BP straight after he graduated from University College Dublin in 1991. In depth: ‘Clearly there is increased scrutiny on the private lives of executives’īernard Looney addresses the three-day B20 Summit in New Delhi on 26 August 2023. Their assessment found that six out of nine “planetary boundaries” had been broken because of human-caused pollution and destruction of the natural world. UK news | The father, stepmother and uncle of 10-year-old Sara Sharif, who was found dead at her home in a Surrey village last month, have been arrested on suspicion of murder following their return to the UK from Pakistan.Ĭlimate crisis | Earth’s life support systems have been so damaged that the planet is “well outside the safe operating space for humanity”, scientists have warned. Just two of seven hospital rebuilding projects requested by the Department for Health were signed off by the Treasury at the 2020 spending review when Sunak was chancellor. Hospitals | Rishi Sunak blocked plans to rebuild five hospitals riddled with crumbling concrete three years ago the Guardian has learned. Met Police | Scotland Yard has apologised and paid “substantial damages” to two women arrested during the vigil for Sarah Everard, in a major climbdown following years of legal battles over the policing of the event. Libya | International aid is slowly starting to reach the devastated port city of Derna as questions are raised over how as many as 20,000 people may have died when Storm Daniel hit the northern coast of Libya on Saturday. I asked Alex Lawson, Guardian business correspondent, for the all the details.
But what exactly did Looney – who had already partly fessed up to other relationships with employees – do wrong, and what does his exit from one of the UK’s biggest fossil fuel companies mean for the climate crisis?
0 kommentar(er)
