Supermarket sweep: Sainsbury’s and Tesco singled out as next takeover targets – CityAM : CityAM October 4, 2021 Sainsbury’s and Tesco have been singled out as the next targets for buyout firms after the Morrisons deal. US investment company Fortress – which was beaten to the Morrisons takeover by private equity Clayton, Dubilier & Rice (CD&R) at auction – has indicated it is interested in other UK acquisitions. Joshua Pack, financier at Fortress, [...]
YOP is taken over by Pluto Digital October 4, 2021 Pluto Digital PLC, the crypto tech and operations company, has acquired all assets related to the innovative DeFi project Yield Optimisation Platform (YOP).
Monday blues? Here is how 28 days of annual leave can turn into 68 days off work October 4, 2021 Thanks to the Queen’s Platinum Jubilee, Brits could enjoy 11 days off work while only using five days of holiday next year. In fact, a’ holiday hack’ shows how Brits can maximise their annual leave over the next 12 months: taking 28 days of annual leave could translate into 68 days off work. According to [...]
Bitcoin survives another crackdown from China as Europe embraces DeFi October 4, 2021 Data from CryptoCompare shows that the price of Bitcoin started the week moving downward, dropping to a $41,000 low before recovering.
CA Summit 2021: Speakers announced October 4, 2021 | City Talk Join free · Online · 5 – 7 October If you’re working in or around the field of finance or accountancy, this is an event you won’t want to miss. Split into three chapters – Learn, Grow and Inspire – with a day devoted to each, the CA Summit 2021 is packed with talks, presentations and interviews. [...]
Powell comments spark Bitcoin resurgence back towards $50k October 4, 2021 A strong weekend in the cryptocurrency markets saw Bitcoin rise in price by almost 10 per cent, and currently trading at just below $48,000.
Public opinion and hungry investors push more farmers to convert land as number of solar farms swells to 2,500 October 4, 2021 The number of solar farms in the UK increased 12 per cent last year, from 2,250 in 2019/20 to 2,510 last year, according to new data shared with City A.M. today. This growth is coming from farmers who are increasingly using their land to erect solar farms. Converting this land to be used as solar [...]
UK businesses’ research and development investments climb to record £47bn October 4, 2021 The amount spent by UK businesses on research and development has jumped 15 per cent to £47bn last year, a record high and up from £41bn the year before, according to new data shared with City A.M. this morning. says UHY Hacker Young, the national accountancy group. The figures show that UK businesses also claimed [...]
Fuel crisis: City traders circle BP and Shell as they take positions for more price hikes October 4, 2021 Investors are not banking on a swift resolution to the UK fuel crisis against a backdrop of continuing queues on forecourts and the Army being put on standby to help with deliveries, according to data shared with City A.M. this morning. Analysis of investor movements with regards to BP, Royal Shell and Glencore shows that [...]
Prime Minister refuses to back public inquiry into Sarah Everard murder – CityAM : CityAM October 3, 2021 The Prime Minister has refused to commit to a public inquiry into the Met police’s failings on the Sarah Everard murder. Johnson told BBC One’s The Andrew Marr Show the “first thing that needs to happen” was for the Independent Office of Police Complaints to look into what happened. He dodged calls from women’s campaigners [...]