Demand for hybrid work sends IWG plc revenues soaring August 9, 2022 Strong demand for hybrid working sent revenues of IWG (International Workplace Group) plc surging in the first half of 2022. The global workspace provider reported revenues of £1.29bn, a 23 per cent rise from 2021’s first half as demand for flexible, hybrid working rose and inflation around the world climbed. IWG’s revenue grew more than [...]
Former CMA chair sues crypto exchanges Binance, Kraken and others for £10bn August 9, 2022 Crypto exchanges Binance, Kraken, and others have been hit with a £10bn lawsuit in a competition dispute by the former chair of the UK’s Competition and Markets Authority. Lord David Currie filed the claim against the two crypto giants as well as exchanges Bittylicious and ShapeShift for delisting the BSV cryptocurrency from their platforms, Financial [...]
Where next for the Rolls-Royce share price? August 9, 2022 | City Talk Rolls-Royce shares (LON: RR) sunk by 10% to 83p on Friday after half-year results spooked investors over long-running problems with supply chain issues and inflation. The FTSE 100 engineer has struggled to gain traction after the pandemic crash in 2020 saw its shares collapse from 236p in February 2020 to just 39p by October 2020. And after recovering to 147p [...]
Inflation continues to cast a shadow over crypto markets August 9, 2022 The price of Bitcoin continues to hover at around $24k, dropping just 1.38 per cent over the past 24 hours to $23,810 this morning.
Exclusive: Energy giants urge struggling customers to get in touch ahead of winter August 9, 2022 Some of the biggest energy firms have encouraged worried customers to make contact with them as soon possible.
Exclusive: Citizens Advice warns suppliers against chasing customers for debts they can’t pay August 8, 2022 Citizens Advice has urged suppliers not to chase customers for debts they cannot afford - with energy bills expected to climb this winter.
Dominic Raab weighs up plans for further barriers to judicial reviews August 8, 2022 Justice secretary Dominic Raab is considering introducing new measures to make it harder to challenge government decisions via judicial reviews, leaked documents seen by the Guardian show. The plans could also see judges subject to new more stringent criteria in bringing forward cases, that could see courts banned from hearing cases in certain areas of [...]
Hargreaves Lansdown shares jump after profits beat gloomy estimates August 8, 2022 Shares in Hargreaves Lansdown surged nearly 10 per cent today after the retail investment platform beat analyst estimates last week with pre-tax profits of £269.2m.
Thames welcomes the Götheborg, the ocean’s largest wooden sailing ship August 8, 2022 If you were along the Thames this morning, this might’ve noticed a giant pirate ship-esque vessel smoothly sliding through Tower Bridge. That was the Götheborg, passing through London on its way to Asia. It made quite the storm on social media, where workers and tourists stopped for a moment to film the pristine transition of [...]
Working in partnership to help children learn about money and finances August 8, 2022 | Sponsored Managing money is a key skill that is essential for adult life. Financial education therefore has the potential to equip young people with the confidence and skills they need to build their futures, open the door to a world of opportunities and transform their lives. However, the level of financial capability in the UK is [...]