When gaming meets crypto: FACEIT to pay winnings in crypto following multi-million dollar partnership with Cake DeFi May 6, 2022 The London founded gaming firm FACEIT announced a multi-million dollar partnership with Cake DeFi, one of the world’s fastest growing crypto fintech platforms, which allows users to earn cash flow from their crypto.
InterContinental Hotels makes steady progress to 2019 levels as travel booms May 6, 2022 InterContinental Hotels (IHG) said that pent-up demand had driven people back on holiday, with revenue up 61 per cent and catching up with pre-pandemic rates. For Europe, the Middle East and Africa, revenue per available room (RevPAR) hit 122 per cent compared 2021, whilst the Americas were up 58 per cent. With America leading the [...]
New political leader for Square Mile as Hayward takes vital Corporation role May 5, 2022 THE City has a new de facto political leader after Square Mile grandee Christopher Hayward was elected to the top job on the Corporation’s powerful policy committee this afternoon. Hayward replaces Catherine McGuinness, who held the role for five years. He steps into the role after serving for almost a decade as an elected member.Hayward [...]
UK’s first queer museum founder: ‘It’s not just another bar, you know?’ May 5, 2022 Queer Britain, the UK’s first ever queer museum opens its doors today, taking over the grand old industrial building in King’s Cross’s Granary Square that was once home to the House of Illustration. The intimate space is the first iteration of Queer Britain, with director and co-founder Joseph Galliano hoping to gain funding for a [...]
Channel 4 finally fights back against Dorries’ privatisation push May 5, 2022 Channel 4 revealed the true extent of the government’s privatisation detour this morning, outlining how last week's white paper undermined its own 'levelling up' objectives and questioned the very core of the broadcaster's purpose.
Bitcoin gets a spring in its step again as US looks to tame inflation May 5, 2022 The price of Bitcoin edges closer to $40,000 and Ethereum goes above $2,900 as crypto markets shake off recent slump.
1 Minute Market Rundown – 5th May 2022 May 5, 2022 | City Talk Powell Not as Hawkish as Market Priced In…But Not Dovish By Any MeansCrypto Bounces with Risk Assets So the highly anticipated FED meeting came and went and all things considered…we feel we are exactly where we were before the meeting minus a little bit of cleaner positioning in the market. If you will recall yesterday’s [...]
Co-operative Bank posts profitability for fifth quarter in a row May 5, 2022 The Co-operative Bank has achieved profitability for its fifth quarter in a row, after posting pre-tax profits of £30.5m. The Manchester headquartered bank said its profits had increased for the fourth consecutive quarter, as its earnings were bolstered by its mortgage business. The bank said its net income had increased 36 per cent year-on-year [...]
Virgin Money UK reports profit boost thanks to rising interest rates and unsecured lending May 5, 2022 Virgin Money UK posted a boom compared to 2021 figures, with underlying profit increasing 58 per cent to £388m, reflecting stronger income.
Crossrail is (almost) complete but the battle for TfL funding is far from over May 4, 2022 The ‘Lizzie Line’ is good news for London – but it might be the last for a while without a funding settlement for the transport network It says something that the relationship between London’s mayoral leadership and Westminster is now so toxic that both sides are attempting to claim credit for a project three years [...]