Top US prosecutor investigates alleged sexual assault at Princess Beatrice tech firm November 22, 2021 A former prosecutor for the US Department of Justice will lead an investigation into allegations of sexual assault at Afiniti.
British Airways threatens to cut Heathrow flights if recovery-undermining airport charges don’t come down November 22, 2021 The boss of British Airways’ parent company warned today that the airline will cut Heathrow flights if proposed increases in charges are implemented, IAG chief executive Luis Gallego said the west London airport’s fees are already among the highest in the world and are becoming “more and more expensive”. In October, the Civil Aviation Authority [...]
Wiltshire take off: Nuclear fusion firm reveals it has launched UK’s first chemical rocket in Salisbury November 22, 2021 A newly developed high-power chemical rocket was launched in the heart of Wiltshire, UK nuclear fusion firm Pulsar Fusion has revealed. The Bletchley-based company launched the rocket from the Ministry of Defence’s military base in Salisbury and took place on November 17. The firm shared with City A.M. today that the launch contained the first [...]
Coffee prices soar as poor harvests hurt supply November 22, 2021 Coffee shops which have benefitted from the return of office workers are being hit hard by poor harvests in Brazil.
El Salvador to build Bitcoin city at base of volcano November 22, 2021 The first country in the world to make bitcoin legal tender is planning to build a crypto fuelled city at the base of a volcano.
New York-based Apollo Global Management mulls buyout of Marks & Spencer November 22, 2021 Private equity giant Apollo Global Management is reportedly mulling a buyout of UK high street staple Marks & Spencer.
Metro Bank’s largest City shareholder sells stake after private equity buyer walks November 22, 2021 A leading institutional investor has cashed in its shares at Metro Bank after a US private equity buyer walked out on takeover talks.
Exclusive: Europe copies US as first collateralised loan obligation is raised in £219m UK deal November 22, 2021 The first commercial real estate collateralised loan obligation in Europe’s history was completed on Friday in a deal worth £219m. Backed by a portfolio of nine commercial mortgage loans originated by Starz Mortgage Capital, the deal was concluded with international law firm Reed Smith acting as advisors. “We really could be seeing the birth of [...]
UK financial watchdog calls in Bitcoin experts to combat crime November 22, 2021 The City regulator is calling in Bitcoin experts to train its staff following concerns that crypto is being used by money launderers and terrorists.
Keir’s offensive could put the business vote in play November 22, 2021 AROUND this time two years ago, as we hurtled towards the General Election of 2019, this newspaper published a front-page editorial which urged you, our readers, not to vote for Jeremy Corbyn’s Labour party. Not because of the politics – though high-tax, high-spend has never been our particular brand – but because of the anti-semitism [...]