‘The world of Cat TV is more cut throat than you would ever imagine’ – inside the strange business of TV… for cats
Airlines lift off helps FTSE 100 reverse early losses July 12, 2022 London markets whipsawed today as a rally among airline stocks outweighed recession fears. The capital’s premier FTSE 100 index jumped 0.18 per cent to drop to 7,209.86 points, while the mid-cap domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, added 0.1 per cent to close at 18,854.96 points. [...]
North Sea operator Serica Energy rejects £1bn merger proposal from Kistos July 12, 2022 Serica Energy has rejected a £1bn merger proposal from Kistos, which is looking to expand its presence in the North Sea.
Rees-Mogg: Treasury ‘hasn’t been serious’ about Covid fraud July 12, 2022 Brexit minister Jacob Rees-Mogg has today said the Treasury “hasn’t been serious” about Covid fraud amid recent figures showing that more than £10bn was lost to scammers. In a further attack on Tory leadership frontrunner Rishi Sunak, Rees-Mogg said on his podcast that the ex-chancellor’s economic policies and “the approach of the Treasury as an [...]
The Evening Standard says commuters coming back despite losses deepening July 12, 2022 The Evening Standard reported a loss of £14m for the last year as the commuter paper battled to draw office workers back to its pages. According to filings on Companies House, the firm faced a 36 per cent year-on-year fall in turnover from £44m to £28m last year. The London freesheet said that despite work [...]
Three Arrows Capital founders seem to be missing after crypto hedge fund’s bankruptcy July 12, 2022 The founders of crypto hedge fund Three Arrows Capital (3AC) appear to have gone missing following the company’s bankruptcy. Lawyers representing the collapsed company’s creditors claimed that founders Zhu Su’s and Kyle Davies’ physical whereabouts were unknown ahead of a court hearing scheduled for today, according to court documents filed on Friday, CNBC reported. The [...]
Heat warning to passengers after London train track bursts into flames July 12, 2022 Traintracks on a London line near Battersea burst into flames as the UK-wide heatwave continue. Fire services were called and a London train service was paused after flames engulfed the wooden beams on a track in South London on Monday. Managing Director of Southeastern Railway, Steve White, took to social media to share a picture [...]
Spotify snaps up Wordle spin-off Heardle in interactive push July 12, 2022 Streaming giant Spotify has snapped up daily music game Heardle as the firm builds out its interactive offerings to keep music lovers listening.
Tory leadership: Priti Patel will not stand in contest July 12, 2022 Home secretary Priti Patel has decided not to run for leadership of the Tory party, leaving Liz Truss as the likely standard bearer for the right of the party. Patel said in a statement today that she was “grateful for the encouragement and support” of her fellow Tory MPs, but that “I will not be [...]
AerCap sues AIG for $3.5bn over aircraft lost in Russia July 12, 2022 AerCap, the world’s largest aircraft lessor, has recently sued AIG and other insurers following a $3.5bn all-risk claim filed in March over aircraft lost in Russia. The company argued in the UK’s High Court that insurers owed AerCap the amount as part of the “all risk” insurance policy it adopted. According to the Dublin-based company, [...]
Exclusive: Penny Mordaunt savaged by trade colleagues who say she’s been ‘missing for months’ July 12, 2022 Top Tory leadership candidate Penny Mordaunt has been accused by senior Whitehall figures of neglecting her duties as a trade minister for the past six months, with one claiming “we’ve been a minister down for a long time”. A senior source from the Department for International Trade (DIT) told City A.M. that other ministers had [...]