Search Results for: services

Deep trouble: future seafloor marine heatwaves will surpass surface extremes

Stuart Mitchell

A new study shows that marine heatwaves on the seafloor could be more than 50% more frequent in future than at the surface of the ocean during hot summer months, a concerning prospect for bottom-dwelling species that cannot escape the rising temperatures, with ripple effects across entire ecosystems and humans alike. What is a marine heatwave? A period lasting at least 5 days where sea temperature is greater than the 90th percentile of historical temperatures for that time of year. Led by PML’s Dr Robert J. Wilson, the study investigated how marine…

More than a third of over-55s would consider quitting their jobs over lack of flexible working, research finds

Stuart Mitchell

More than a third (37%) of workers aged 55 and above would consider leaving their job if their ability to work flexible hours was significantly reduced, according to research from the Standard Life Centre for the Future of Retirement. One in four (25%) over 55s would take a pay cut in exchange for more flexible working options. The research, based on a survey of 4,000 UK adults, highlights the critical role that flexible working plays in job satisfaction and workforce retention. This is particularly important for older workers, with 26%…

New £13m nuclear programme to boost UK energy security through sustainable graphite innovation

Stuart Mitchell

The University of Manchester has been awarded a major grant to lead a new programme that will transform the lifecycle of graphite in nuclear energy – an essential material for the future deployment of nuclear power. The award brings together world-leading expertise led by The University of Manchester in collaboration with the Universities of Oxford, Plymouth, and Loughborough. Nuclear energy is expected to play a central role in the UK’s net zero goals as it emits nearly zero carbon dioxide or other greenhouse gas emissions – but it comes with challenges. The…

34 leading organisations back industry action plan to accelerate sustainable mortgage lending

Stuart Mitchell

Decarbonising the UK’s homes is one of the biggest financial and logistical challenges of the net zero transition. The UK’s Climate Change Committee estimates reaching net zero in residential property alone by 2050 will require an estimated £311.5 billion capital investment – most of which is expected to come from the private sector[1]. The UK’s mortgage market – worth £242 billion a year[2], with nearly £1.7 trillion in outstanding lending[3] – plays a crucial role in deploying this investment. To accelerate action, the Green Finance Institute (GFI), in partnership with…

IFC and OTP Leasing Launch €50 Million Facility to Boost Ukraine’s Private Sector and Sustainable Energy Solutions

Stuart Mitchell

IFC and OTP Leasing, a leading leasing company in Ukraine, are launching a €50 million risk sharing facility (RSF) to expand financing for small and medium enterprises (SMEs) and larger companies (midcaps). The initiative aims to fund sectors such as agriculture, manufacturing, trade, energy, and logistics, focusing on sustainable energy solutions that enhance Ukraine’s energy resilience. Amid Russia’s invasion, Ukraine has suffered a significant loss of productive capacity due to supply chain disruptions, power outages, and labor shortages. The high-risk environment has also constrained lending to the private sector, with…