Claes Berglund has been a senior executive in the shipping industry for 15 years, including leading roles at Stena Line. Previously he worked for 12 years in road-based transport and third-party logistics services. Mr Berglund is also a reserve officer in the Royal Swedish Navy. Many things are going on at the moment in the wake of the pandemic and the terrible war in Ukraine but currently we are looking closely ...
Read MoreStockholm Impact Week is an Invest Stockholm, Norrsken Foundation and #sthlmtech with the aim of making Stockholm the home of Impact. Stockholm Impact Week brings together the world’s most impactful and influential startups, talent, investors business leaders and policymakers. Startups leveraging scalable technology are key to solving some of the world’s greatest challenges. On the 13th of September at Space you are invited to join at Impact startup/VC day and ...
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UK Cost of Energy UK households face a new 80% rise in energy bills from October as a typical gas and electricity bill will rise to £3,549 (from £1,971) in October 2022. Ofgem, Britain’s energy regulator, made the announcement on Friday but industry consultants now estimate that this will likely rise up to £6,600 by the Spring. The regulator also stated that the previous £15bn of government support (£400 to every ...
Read MoreMagdalena was appointed Chair of the BSCC at the AGM on 31 May. Magdalena was formerly the President & CEO of Systembolaget AB where she worked from May 2009 until 1st February 2022. Magdalena currently holds non-executive board positions with Investor AB and Peab and she is the Chair of Nefab and of the Royal Academy of Engineering – the Business Council. She is a member of VW global Sustainability Council.I see ...
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PA Consulting Cyber security is a growing concern for businesses and in 2019 the average cost of a serious global breach amounted to $3.9m. A cost that is expected to rise in the future. In a recent interview , Carl Nightingale, Cyber Security Expert at PA Consulting encouraged businesses to start seriously considering investing in cyber insurance. Today, only 11% of businesses can bolster that they are adequately covered by cyber ...
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Cash Usage The sharp fall in the use of cash during the pandemic has now steadied as consumers return to their previous method of paying for goods. Debit and credit cards were used for 57% of all payments in the UK in 2021 which represents a total reversal from the 55% usage of cash in 2011. However, cash use is projected to continue to decline in the long-term to an estimated ...
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Yesterday we welcomed members to the second seminar in our series on geopolitics and security. The seminar was generously sponsored by Schjödt. Christian Hedelin, Head of Strategy at Saab together with Patrik Jotun, Director at the Swedish Center for Russian Studies provided the highly engaged audience with an update and in-depth perspectives on the current geopolitical situation. We would like to extend many thanks to the speakers for such an insightful and ...
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UK Economy Contracted in Q2 The UK economy, between April and June, shrunk 0.1% according to the Office for National Statistics (ONS). This was attributed to COVID schemes (such as Test and Trace) ending, declining retail sales and reduced economic productivity caused by the Queen’s Platinum Jubilee bank holiday. The UK is not officially in a recession as Q1 of 2021 delivered 0.8% YoY growth. Although, economists (including the Bank of ...
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Hiring Slowdown July saw the slowest increase in the number of permanent jobs being filled for 17 months. KPMG have highlighted that recruiters are increasingly tentative about hiring new staff; this was also attributed to continued skills shortages along with a hesitancy from candidates to move jobs now. Overall, this is expected to culminate with what the Bank of England (BoE) anticipates will be a recession in the final quarter of ...
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UK’s Next PM Following the resignation of PM Johnson, on 7th July 2022, the ruling Conservative Party launched the contest for the new leader. PM Johnson will remain leader until the 5th of September but will leave “major fiscal decisions” to the next prime minister. Currently, paying members of the Conservatives (approximately 180,000) are in the process of voting between the two final candidates: Rishi Sunak and Liz Truss. Sunak was ...
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