Aston Martin outperforms pre-pandemic revenue thanks to ongoing ‘brand desirability’ February 23, 2022 Aston Martin drove “significant progress” in the past year, with wholesales increasing 82 per cent as more normal operations were resumed following pandemic restrictions in 2020 and completed rebalance of dealer inventory in the first quarter of 2021. Revenue increased to £1.1bn largely due to substantial volume growth, driven by customer demand, and strong pricing [...]
FCA slaps down crypto unicorn Bitpanda’s regulation claims February 22, 2022 Britain's financial watchdog has poured cold water on Bitpanda's claims it is able to perform regulated crypto custodian services in the UK.
National Portrait Gallery cuts BP sponsorship after 30 years February 22, 2022 The National Portrait Gallery has today announced that it will be cutting its partnership with BP, ending a 30 year relationship with the oil and gas firm. The announcement follows years of growing opposition to BP’s sponsorship of the Gallery, including the BP Portrait Award. Critics have varied from artist Gary Hume speaking out against [...]
All aboard the crypto train? February 22, 2022 | City Talk Are you a wealth manager who believes bitcoin and other cryptocurrencies are a passing fad or worse? You’re not alone. But you also may want to reconsider. The wealthiest clients certainly don’t agree and they are voting with their wallets. In fact, 72% of high-net-worth individuals (HNWIs) have invested in crypto, according to the 2021 [...]
Germany suspends Nord Stream 2 pipeline as Russian troops push into Ukraine February 22, 2022 German chancellor Olaf Scholz has halted the approval process of the Nord Stream 2 pipeline as Russia ramps up tensions in Ukraine.
Johanna Kyrklund: Putin and the Fed remind us what risk looks like February 22, 2022 | City Talk Ski holidays are not relaxing at the best of times, especially with children. There is the fretting about injuries – I am thankful when we finish each day unscathed. There is the infuriation of getting children into their clothes and ski boots each day. That’s not even to mention the pain of Heathrow passport control. [...]
Shares slump in mining companies amid fears of sanctions if Russia invades Ukraine February 21, 2022 Shares in London-listed gold mining company Petropavlovsk had plummeted 17.02 per cent on the FTSE 250 at close of play on Monday.
Investigation reveals how dozens were ‘jobfished’ into thinking they worked for London design agency February 21, 2022 An investigation has found that around 50 people got “jobfished” during the pandemic and thought they worked for a glamorous design agency called Madbird. According to a BBC investigation, ‘entrepreneur’ Ali Ayad tricked dozens of people into thinking they were employees of a company called Madbird. He hired employees in sales and design roles, and instructed all [...]
Bitcoin dips as crypto markets spooked by threat of war February 21, 2022 The crypto markets took a tumble over the weekend, with investors continuing to look jittery about the situation on the Ukraine border.
Exclusive: Experian heavyweight on why most UK companies fail to capitalise on valuable data February 21, 2022 Quality data proves critical to business performance but most business are not able to capitalise on data, an executive at consumer crediting reporting giant Experian has told City A.M. City-based Andrew Abraham, global managing director for data quality at Experian, said that “the last year has tested every industry, with a new requirement for business [...]