When Musk met OneWeb: UK satellite firm teams up with SpaceX March 21, 2022 Taxpayer backed OneWeb has announced it will be teaming up Elon Musk's SpaceX to move forward with satellite launches.
Gambling sector warns against ‘naive changes’ in long-awaited white paper March 21, 2022 The gambling industry has vowed to back the Chancellor’s economic recovery plan so long as the long-awaited white paper does not bring “well-meaning but naive changes”. Chief of the Betting and Gaming Council (BGC) Michael Dughe warned that whilst bookies were ready to help Rishi Sunak recover the public finances after the pandemic, he said [...]
Bitcoin holds on to last week’s gains after strongest weekly performance in a month March 21, 2022 Bitcoin is currently trading about $41,000, down almost two per cent over the past 24 hours but still up five per cent since this time last week.
Tributes paid to murdered student Sabita Thanwani at London university halls March 21, 2022 The family of the young woman murdered at City University student flats in Clerkenwell have paid tribute to their daughter.
1 Minute Market Rundown – 21st March 2022 March 21, 2022 | City Talk Russia – UkraineRisk bouncesCrypto finds support We find it rather telling that on Friday, a day you would have expected risk to be sold as the market headed into the weekend, saw stocks and crypto push higher. Now there could be a number of reasons for this. 1) the market is becoming accustomed to the [...]
City A.M. Awards 2022: Entrepreneur of the Year March 21, 2022 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]
Foreign Office launches crack unit to counter Kremlin misinformation on social media March 20, 2022 The UK government is taking out adverts on Russian social media to counter the Kremlin’s narratives about Russia’s invasion of Ukraine. A newly launched information warfare unit, set up by the Foreign Office at the end of February, is using local agencies to put out adverts on Russian social media platforms including VK, after the [...]
Boots bidders set to meet with bosses as takeover race continues March 20, 2022 Bidders for the high street chemist Boots are preparing to meet with the chain’s bosses this week as the race to takeover the firm intensifies.
Swedish car seller thwarted in plan for £400m takeover of Pendragon March 20, 2022 One of Europe’s biggest car sellers has been thwarted in its £400m bid to takeover the UK’s second largest car dealership, Pendragon. The board of Pendragon rejected Hedin Group’s £400m takeover bid, after the Swedish conglomerate put forward a secret offer of 28p a share, according to Sky News. As Pendragon’s largest shareholder, Hedin Group, [...]
Exclusive: Aspire chairman Paul Farrer warns Brits ‘not to walk blindly into four day week’ March 20, 2022 From a healthier work/life balance and greater job flexibility to giving employees the freedom to spend more time with their family or even focus on a side hustle, the potential advantages of the four day working week are huge. Businesses could stand to benefit too, with happier, more productive and focused staff. Amid record level [...]