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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…
Ed Miliband hints at cut to VAT on energy bills
Becky MortonPolitical reporter BBC The government is looking at the possibility of cutting the rate of VAT on energy bills, Ed Miliband has suggested. The energy secretary said he would not speculate ahead of the chancellor’s Budget in November. But asked if the government would consider scrapping the 5% rate, he told the BBC the…
Gold price rises after US captures Venezuelas Maduro
Precious metal prices have risen after the US capture of Venezuelan President Nicolás Maduro increased investors’ concerns about geopolitical risks. In Monday morning trade in Asia, gold was about 1.8% higher at around $4,408 (£3,282) an ounce, while silver was up close to 3.5%, as money was moved into so-called “safe-haven” assets. Meanwhile, crude oil…
Branding and logo for Great British Railways unveiled
Michael Sheils McNameeBusiness reporter Department for Transport The government has unveiled its branding for Great British Railways (GBR), marking a step forward in plans to nationalise the railways. In the past year, the government has taken three rail franchises back into public control, something Labour promised in its manifesto. The new livery and branding uses…
