Bitcoin sentiment continues to rise ahead of US inflation figures July 11, 2022 The price of Bitcoin has slipped four per cent over the past 24 hours, down to around $20,460 this morning.
Money stolen from crypto fraud soars despite crash July 11, 2022 The money stolen from crypto frauds has increased over the past year even as a crash has seen cryptocurrency prices plummet. Crypto fraudsters stole 58 per cent more money in the past 12 months with victims in the UK generally losing £36,250 per fraud, a report by cyber security company NordVPN revealed today. Total losses from crypto fraud [...]
One in six UK households face ‘serious financial difficulties’ amidst worsening cost of living crisis July 11, 2022 One in six households in the UK, about 4.4m, face “serious financial difficulties” as the cost of living crisis worsens with inflation at 40 year highs. This is an increase of 1.6m households from October last year, with over half of all UK households considering their financial situation to be worse now than during the [...]
Then there were 11: Live TV debate for Tory leader to be held as Liz Truss throws hat into ring July 11, 2022 Sky News will host the first live television debate for the new leader of the Conservative Party and the next Prime Minister.
RUA Life Sciences announces revenue growth to £1.6m July 11, 2022 RUA Life Sciences announced revenue growth to £1.6m for the year ended 31 March 2022. Its revenue growth was £1.5m in 2021. Two new board directors were appointed with major improvements in business processes. RUA Life Sciences is the holding company of a group of medical device businesses. RUA Life Sciences Chairman Bill Brown said, “A great deal of [...]
Sorry again: Uber apologises for secretly courting Emmanuel Macron in European lobbying push July 10, 2022 Uber have been forced to apologise once again after leaked files reveal that the ride-hailing giant courted top politicians to push its $90m-a-year lobbying and public relations efforts. The Uber Files, which contain 124,000 records from 2013 to 2017, show how the firm recruited political big dogs, including French President Emmanuel Macron and ex-EU commissioner Neelie Kroes, [...]
Channel 4 privatisation still on track despite political turbulence July 10, 2022 Channel 4's privatisation is still on track, despite reports that Boris Johnson's resignation may have scuppered the broadcaster's £2bn sale.
Royal Mail chairman says firm is at ‘crossroads moment’ as it balances union action with productivity woes July 10, 2022 Royal Mail chairman Keith Williams has said unions can't expect a no-string pay deal "where nothing changes", as the company tries to balance dwindling productivity alongside rising union tension.
Musk v Twitter: Legal battle looms after billionaire pulls out of £37bn takeover July 10, 2022 Elon Musk may be gearing up for a lengthy legal battle after Twitter said it would be suing the billionaire for backtracking on his $44bn (£37bn) takeover.Musk accused the platform of breaching the terms of the takeover agreement as well as making “false and misleading representations.” “Sometimes Twitter has ignored Mr Musk’s requests, sometimes it [...]
Is Restructuring on the Rise Again in EMEA? July 8, 2022 | City Talk European dealmakers find themselves in a uniquely challenging position. Though other regions are also contending with rising inflation, supply chain problems, and the risk of economic recession, the direct and indirect consequences of Russia’s invasion of Ukraine are felt most intensely in Europe. The maelstrom of negative shocks risks souring the successes enjoyed by dealmakers [...]