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Ozempic maker Novo Nordisk’s board shaken up as directors quit
The company behind weight-loss jab Wegovy and diabetes drug Ozempic will have a boardroom clear-out, with seven board members including the chairman set to depart. Novo Nordisk on Tuesday said chairman Helge Lund, vice chair Henrik Poulsen and five directors will not stand for re-election at an extraordinary investor meeting in November. The departures came…
Supply too reliant on one asset, says South East Water boss
Fiona Irving,South East environment correspondentand Craig Buchan,South East BBC South East Water chief executive David Hinton has faced calls to resign over supply issues The boss of South East Water has said the company is too dependant on individual facilities after a six-day supply failure affected thousands of people in Kent. About 24,000 properties in…
Chancellor hints at tax and spend shift to cushion Budget
The chancellor has given the clearest indication yet that she wants to give herself more financial breathing space in November’s Budget. Speaking at a gathering of business leaders in Saudi Arabia, Rachel Reeves said she wanted to ensure the UK had “sufficient headroom” to provide resilience against future shocks. The implication is that the £9.9bn…
Faisal Islam: Iran war pause is welcome but the economic scars will last
Many countries are also dependent on these waters for significant supplies of other petrochemical products, made at the refineries in the region. These include jet fuel, diesel, fertiliser ingredients and industrial products such as helium, essential for microchip manufacture.
