Dune: Part Two release date pushed back again due to strikes August 25, 2023 Fans are going to have to wait an excruciating amount of time for the Dune: Part Two sequel to finally drop. It was scheduled for later this year but due to the writers’ strikes in Los Angeles, the release date of the follow-up film has now been pushed back to 2024. It comes after the [...]
Lendinvest hit by data breach with customer information exposed August 25, 2023 Lendinvest has said it was hit by a data breach yesterday, with certain customer information made available to outside parties. The London-listed property fintech said an investigation into the incident is ongoing and can not yet confirm the precise number of individuals impacted or how long the information was in the public realm for. It [...]
Consumer confidence shows ‘renewed optimism’ against falling core inflation August 25, 2023 Consumer confidence is showing “renewed optimism” against a backdrop of falling core inflation, figures suggest. GfK’s long-running Consumer Confidence Index improved five points in August, with all measures reversing the drop seen in July, although it remains firmly in negative territory at minus 25. Confidence in the general economic situation for the next 12 months [...]
EP: 226 York Ebor Festival – Saturday August 24, 2023 Today is the final day of the York Ebor Festival where the crowds will flock to the Knavesmire to see the Ebor Handicap, run over a mile and three quarters at 3.35. York Racecourse Chief Executive and Clerk of the Course, William Derby joins us for a chat about the final day’s action. City AM [...]
Online Safety Bill: UK tech superpower dreams could be crushed by over-regulation August 24, 2023 New rules in the European Union’s Digital Services Act (DSA) are set to come into force tomorrow, while the UK’s Online Safety Bill (OSB) remains mired in parliamentary proceedings, reigniting the regulation debate among tech companies and industry experts. The OSB, which aims to enhance online safety and security for users within the UK, is [...]
Construction companies ‘treading water’ as insolvency rate reaches highest level in a decade August 24, 2023 UK construction companies are going bankrupt at a faster rate than at any point in the last decade.
Subway sold to Dunkin Donuts’ owner Roark Capital in £7.55bn mega-deal August 24, 2023 Subway has agreed to sell itself to private equity firm Roark Capital, the owner of Dunkin Donuts and Arby’s, in a deal rumoured to be worth $9.55bn (£7.55bn). Earlier this year the sandwich maker said it was exploring options to sell the business, which has been in hands of the DeLuca and Buck families for [...]
A Legacy of Difference Making August 24, 2023 | Sponsored We were basically running insurance companies,” the likable Barry Gale tells City A.M. of his career before joining Aon. Gale was at a Big Four consultancy firm, working on restructuring and insolvency. “But without the front-end, bringing in new clients.” He and his colleagues soon found out that winding up insurance firms was notably more [...]
Financial crime fines fall 88 per cent globally – but agencies aren’t about to go easy on wrongdoers August 24, 2023 The total value of fines handed out to banks and financial services firms for financial crime violations slumped in the first half of this year, according to new data. But experts argued regulators aren’t going easy on wrongdoers. According to data from compliance firm Fenergo, regulators worldwide issued 97 financial crime-related fines in the first [...]
Bermondsey craft beer maker Brew By Numbers saved from collapse August 24, 2023 Bermondsey based brewery, Brew by Numbers (BBNo) has been rescued from collapse by investment firm Breal Capital. The craft beer maker fell into administration at the start of the summer but the business which operates out of two sites in Greenwich and Bermondsey continued to operate whilst a sale process took place. The London business [...]