Crypto lender Vauld suspends trading and eyes potential restructuring amidst crypto rout July 4, 2022 Crypto lending platform Vauld has suspended all trading, withdrawals, and deposits on its platform as it explores potential restructuring. The Singapore-based lender attributed this to “financial challenges” resulting from “a combination of circumstances such as volatile market conditions, the financial difficulties of our key business partners inevitably affecting us, and the current market climate.” “We have [...]
Apple’s retail arm feels sting of store closures as tech giant posts humble growth in UK accounts July 4, 2022 Total turnover for Apple’s Retail UK, Europe and UK team climbed a humble two per cent to £2.3bn in 2021, with total operating profit up 24 per cent to £730m. It comes as Apple Retail UK continued to see the impacts of the pandemic, with turnover at £972m compared to £1.1bn for 2020, as a [...]
Police vow to act ‘promptly’ against drivers who don’t pay for fuel at pump despite ‘difficulties’ investigating July 4, 2022 The police have vowed to act “promptly” against anyone caught driving off from petrol stations without paying amid soaring prices. The force admitted there “can be difficulties in investigating” the crime in part because each incident is different is handled by a different force across the country. This comes as motorways across the country were [...]
Google’s new King’s Cross hub nears completion July 4, 2022 Google has placed the final steel beam on its newest development in King’s Cross at an event attended by Labour leader Keir Starmer and London Mayor Sadiq Khan, marking a major milestone as the project enters its final period of development ahead of opening in 202 4.
MPs call for government crack down on Chinese CCTV surveillance from Hikvision and Dahua July 4, 2022 MPs have called on the government to ban sale and operation of widely-used CCTV brands linked to human rights abuses in China.
Bitcoin still below $20k after June sees biggest monthly loss since 2011 July 4, 2022 The weekend saw Bitcoin once again drop below $19k, before recovering slightly to more than $19.4k this morning.
4 Signs You’re Underpaid And What You Can Do About It July 4, 2022 We’re hearing a lot of buzz about it being a “job seekers market” and there is a big push within tech firms to hire specialist staff such as developers and engineers, many of whom are in short supply, which is driving up salaries. Despite recent news of staff cuts and hiring freezes in some areas [...]
Flying above 2019: Ryanair posts busiest month ever with nearly 16m passengers in June alone July 4, 2022 Ryanair had its busiest month ever in last month, flying 15.9 million passengers. Its load factor reached 95 per cent for the first time since the beginning of the pandemic, and topped previous records set in May this year. The budget airline said it operated over 88,500 flights in June, and expects to fly 15 [...]
Brewdog chief James Watt admits to management mistakes following workplace culture row July 4, 2022 CEO and founder of Brewdog James Watt has opened up about issues of anger management and mistakes he’s made around Brewdog's workplace culture.
Female FTSE 100 directors earn 74 per cent less than male counterparts July 4, 2022 Female FTSE 100 directors earn 74 per cent less than their male counterparts, with an average pay of £245,000 compared to £935,000, research by Mattison Public Relations found. Women make up 14 per cent of the FTSE 100 board executives, with 34 of the 238 executive positions on FTSE 100 boards. They get an average 4 per [...]