Banks could lose out on a fifth of deposits under Britcoin proposals – BoE November 23, 2021 The Bank of England has today admitted that commercial banks will be hit hard by plans for a digital pound backed by central bank reserves.
Citi to hire 100 new staff in digital asset push November 23, 2021 International investment bank Citi plans to hire 100 new staff to bring digital asset expertise to the institutional side of the business.
Catering giant Compass restarts dividend payouts as easing restrictions give profits a lift November 23, 2021 Catering giant Compass said this morning that, despite labour shortages and rising costs, it has restarted shareholder dividend payouts as annual profits jumped higher thanks to easing pandemic restrictions. The world’s biggest caterer saw pre-tax profits more than double to £464m in the year to September 30 from £210m the previous year. Results were bolstered [...]
Pets at Home reports pawsome financials as shares jump seven per cent November 23, 2021 The craze for buying pets under lockdown seems to be continuing with Pets at Home reporting a bumper set of financials for H1.
BBC documentary was ‘overblown and unfounded’ say angry Royal households in rare joint statement November 23, 2021 The BBC has been slammed for giving credibility to “overblown and unfounded claims” in a documentary aired last night, according to the Royal households, as they took the rare step to issue a joint statement. The first episode of the two-part The Princes And The Press programme, presented by Amol Rajan, explored the relationship of [...]
Italy’s antitrust authority issues whopping €200m fine to Amazon and Apple November 23, 2021 Italy's antitrust authority has fined Amazon and Apple more than €200m (£168m) in the latest sign that the EU is cracking down on big tech.
Quarterly results put Softcat financials on track November 23, 2021 UK IT provider Softcat has purr-formed in line with expectations for the first quarter of FY22 it was announced today.
New cryptocurrency named ‘JRR Token’ blocked by lawyers for Lord of the Rings creator Tolkien November 23, 2021 Lawyers representing the estate of Lord of the Rings creator JRR Tolkien have taken action against the developer of a cryptocurrency named “JRR Token”. Representatives of the Tolkien estate said the product, which was launched in August 2021, infringed the trademark of the world-famous author. The domain name “jrrtoken.com” was successfully recovered without opposition by [...]
BBC in shock as British staff member is murdered in her hotel room in Kenya’s capital Nairobi November 23, 2021 The BBC said it is “shocked and saddened” by the death of Kate Mitchell, who had worked with the broadcaster for 14 years in Ethiopia, South Sudan, Zambia and London. Mitchell, a senior project manager at BBC Media Action, was killed in the Kenyan capital on November 19. The BBC described Mitchell as “positive, fun, [...]
Amazon’s merciless move to block Visa likely to lead to rapid uptake of… Amazon credit cards, which are issued by Mastercard November 22, 2021 Following the news that Amazon will no longer accept payments from UK-issued Visa credit cards, some industry insiders are convinced the e-commerce giant’s decision is a calculated move to drive the adoption of the company’s own payment cards, and will give a competitive advantage to Visa’s main rival, Mastercard. Last week, the online retailer confirmed that Visa credit [...]