KKR slumps to second quarter loss as deals slowdown hits August 3, 2022 Investment giant KKR slumped to a loss in the second quarter of the year after market volatility sparked a slowdown in dealmaking and a fall in the return on its investments.
Poundland to open 25 UK stores this year as low-price giant exploits Brits’ hunger for cheaper products August 3, 2022 Poundland said this morning it plans to open and relocate 25 stores across the country in 2022. Ten new branches will be opened by the end of next month and 15 more before the year ends. The low-price retailer said it will primarily focus on high streets, retail parks, and neighbourhoods, with stores expected to [...]
Oxford City Football Club Partner with CoinCorner To Accept Bitcoin August 3, 2022 | City Talk Oxford City FC is the first National League football club to accept Bitcoin and Lightning payments, in a partnership with CoinCorner. Douglas, Isle of Man — Oxford City FC has become the first National League club to accept matchday payments in Bitcoin after entering a multi-year partnership with CoinCorner. The partnership will allow supporters to purchase tickets, [...]
Forbes eyes up a sale after Spac IPO snub August 2, 2022 Forbes has said it is exploring a sale just months after it pulled out of its special purpose acquisition company (SPAC) plans.
City growing more comfortable with idea of Labour govt, says ex-Tory minister August 2, 2022 The City is getting more comfortable with the idea of a Labour government as it reverts to a New Labour-like policy direction, according to former Tory minister Lord Jim O’Neill. O’Neill, a crossbench peer who is heading a review of start-up funding for Labour, told City A.M. that the party under Sir Keir Starmer has [...]
London cocktail bars for summer, from rooftops to new terraces August 2, 2022 London cocktail bars are proudly dingy places. They’re described as “subterranean,” or “dimly-lit” or “dens.” That makes sense in the winter when we want to escape the bitterness with a biting smack of tequila on the tongue. But what about in summer, when we’re still after fine cocktails but with some more air to breathe, [...]
FCA’s new promotion rules will leave crypto firms in ‘regulatory limbo’, UK industry body warns August 2, 2022 The Financial Conduct Authority’s crackdown on marketing of high-risk investments to consumers will leave crypto firms in “regulatory limbo”, the UK’s FinTech industry body warned. The FCA laid down stricter rules to deal with “misleading” ads that encourage investment in risky products and tighter requirements for companies doing so, but crypto was not included in [...]
Where next for Coinbase’s share price? August 2, 2022 | City Talk Ahead of Coinbase announcing Q2 earnings on Tuesday 9 August, we look at what we can expect and how this might impact their share price. Coinbase share price All eyes are on whether Coinbase will negatively surprise once more after its first-quarter results where expectations of a positive reading suffered a loss of $1.98 per [...]
Shaky start to August in the Crypto Markets August 2, 2022 It’s been a shaky start to August in the crypto markets, after things seemed to have settled down somewhat in July. The price of bitcoin has now fallen for four straight days
BA extends ticket sale suspension for short-haul flights from Heathrow to 15 August August 2, 2022 British Airways (BA) has extended its ticket sale suspension for short-haul flights from Heathrow until 15 August. “We took pre-emptive action to reduce our schedule this summer to give customers certainty about their travel plans and to build more resilience into our operation given the ongoing challenges facing the entire aviation industry,” the airline said [...]