Britain to trial ‘flying taxis’ by 2026 and explore possible £45bn boost to economy with new drone tech March 18, 2024 Britain's first flying taxis will be trialled in 2026 and could come into wider use by the end of the decade, the government has announced.
Hipgnosis warns of overcharging issues after inflating its value March 18, 2024 The board of the embattled investment trust Hipgnosis Songs Fund has reduced its estimated operative net asset value (NAV) by 7.6 per cent after admitting it had mistakenly double counted accrued revenue. The error inflated the trust’s operative NAV from $1.995bn to $2.103bn, and the trust’s board has laid the blame for the mistake at [...]
Monzo reportedly in talks to sell stake to Singaporean state fund March 18, 2024 Digital challenger bank Monzo is reportedly close to landing a roughly $50m (£39.3m) funding round with a Singaporean sovereign wealth fund, just weeks after securing a near-£4bn valuation.
Gove says London being ‘let down’ as probe launched into Khan’s housing strategy March 18, 2024 Housing secretary Michael Gove said Londoners are being “let down” by the Mayor’s “chronic under delivery” of new homes, as he launches a probe into Sadiq Khan's housing strategy.
UK credit card debt jumps as household finances squeezed in warning sign for the economy March 18, 2024 Outstanding debt on UK credit cards jumped nearly 10 per cent last year, according to new data, as households turned to borrowing amid inflationary pressures and the cost-of-living crisis.
City Hall: Sadiq Khan pledges 40,000 new homes at re-election campaign launch March 18, 2024 Sadiq Khan has officially launched his campaign to be reelected as mayor of London for a record third term.
FCA: Cum-ex trader hit with £5.95m fine for ‘sham’ trading scheme March 18, 2024 The Financial Conduct Authority has slapped a so-called cum-ex trader with a £5.95m fine and banned him from working in financial services today for his role orchestrating a “sham” trading scheme.
‘Saddened and shocked’: Bytes Technology launches probe into 100 secret dealings of former chief March 18, 2024 Software firm Bytes Group has said it expects profit growth to surpass 12 per cent in its full year earnings update.
How I turned a simple search for friends into my full-time job March 18, 2024 A simple (and successful) search for friends led Moyle to launch City Girl Network in 2016 - a platform that turned into her full-time job.
Thungela: Coal producer derailed by weak market and South African infrastructure March 18, 2024 Coal prices suffered a downturn in 2023 at the hands of a milder-than-expected climate and high gas reserves