Day: 2 August 2026

Stock ownership concentration accounts for over 36% of the racial wealth gap, up from 14% in 1989

Stuart Mitchell

As the United States marks its 250th anniversary, new research from Oxfam and PolicyLink examines the legacy of the racial wealth gap in the US and how stock buybacks and concentrated stock ownership deepen inequality—and what policymakers and business leaders can do to shape a different future. Oxfam and PolicyLink released a new analysis today, “The Buyback Divide: How Stock Buybacks Distort Markets and Deepen Wealth Inequality,” examining how stock buybacks and shareholder primacy influence wealth inequality in the United States, particularly their role in widening the racial wealth gap.…

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bp and Felix deepen long-term partnership to help millions across the UK

Stuart Mitchell

bp and Felix have announced the next phase of their long-standing partnership, with bp providing multi-year flexible funding to support Felix’s work redistributing surplus food to millions of people across the UK. The funding will support Felix’s core operations, giving the charity flexibility to direct resources where they are most needed and strengthen the operational infrastructure that underpins food redistribution at scale. In its first year, the renewed partnership could enable Felix to deliver the equivalent of 10 million meals to children and their families.  The next phase of the partnership…

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New clinical fellowships set to bring better diagnosis and treatments closer for people with dementia

Stuart Mitchell

Six new Clinical Fellowships announced today will support clinicians to bring cutting-edge research closer to the people who need it most, from making brain scanning more accessible, to improving diagnosis for less common forms of dementia, exploring new ways to treat symptoms, and helping more people take part in clinical trials. Backed by £2.6 million in new funding, the awards will support research that could improve how dementia is diagnosed, monitored and treated, while strengthening the UK’s ability to deliver more clinical studies in dementia. For people living with, or…

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California commits to funding geothermal cost-share program essential to driving project deployment

Stuart Mitchell

Governor Gavin Newsom has signed a budget agreement that includes targeted funding for geothermal exploratory wells, which are essential to developing next-generation geothermal projects in the state. “Next-generation geothermal can play a significant role in helping California meet its ambitious climate and clean energy targets by providing firm power to complement wind, solar, and battery storage,” said Ashley Arax, Senior California Policy Manager at Clean Air Task Force (CATF). “Dedicated funding for in-state geothermal exploration, characterization, and early development is a critical step for bringing more reliable, affordable clean energy…

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Ocean Outdoor UK appointed as British Land Digital Out of Home media partner across key London assets

Stuart Mitchell

Ocean Outdoor UK has been appointed by British Land, one of Europe’s biggest property development companies, as its Digital Out of Home (DOOH) media partner in London following a competitive tender. The long-term contract covers three of British Land’s central London estates – Paddington Central, Regent’s Place and Broadgate and Liverpool Street in the City. The first phase will see the roll out of 33 small format full motion screens, extending The Loop, Ocean’s existing small format network across the capital to 114 in total. British Land’s investment in DOOH…

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