Boots boss Sebastian James steps down as owners halt sales again

Sebastian James is resigning as CEO of Boots as the US owners call off the sale of the company for the second time in two years. James, 58, will leave in November to take on another role in the healthcare sector, Sky News reported. James, a former member of Oxford University’s infamous Bullingdon Club alongside … Read more

How the ‘woke capitalist’ gravy train shuddered to a halt

McKinsey stated in 2019 that 90% of America’s 500 largest companies are now preparing an ESG report – reams of paper meant to prove that the companies are saving society and the planet. Consultants and analysts also spend a lot of time arguing that ESG is a more profitable way to invest. In a series … Read more

Former BP boss calls for a halt to new drilling permits in the North Sea

Stay informed with free updates Simply log in to the Oil and gas industry myFT Digest – delivered straight to your inbox. Lord John Browne, the former chief executive of BP, has called for a halt to new drilling permits in the North Sea, implicitly endorsing the Labor Party’s position on fossil fuels. Writing in … Read more