U.S. plans to sever ties with Russian banks if Ukraine is invaded February 21, 2022 The US has lined up a package of sanctions to slap on Russian financial institutions in the event of an attack on Ukraine, including barring US financial firms from processing transactions for major Russian banks.
Exclusive: UK’s leading fintech bosses call on government to ramp up efforts to overhaul regulation February 21, 2022 A group of the UK’s leading fintech bosses have called on the Government to ramp up efforts to overhaul regulation and build a world-leading environment for the sector, in a letter seen exclusively by City A.M. Bosses at over 70 of the biggest fintech firms in the UK, including digital banks Monzo and Starling, payments [...]
Activist investor Icahn pushes for pig policy shakeup at McDonald’s with new board members February 21, 2022 Activist investor Carl Icahn is pushing for a shake up of McDonalds’ pig sourcing policy as he looks to end the practice of keeping pregnant pigs in small crates in the fast food giant’s supply chain.
iEnergizer heads toward record year as bosses forecast bumper revenues February 21, 2022 London-listed IT firm iEnergizer has forecast a jump in earnings as it heads towards the end its financial year on March 31.
PrimaryBid gets backing from SoftBank in $190m funding round February 21, 2022 London-based retail investment platform PrimaryBid has today closed a $190m funding round as readies to ramp up its growth across Europe and the US.
Lotus eyes up IPO to supercharge production February 21, 2022 Iconic British car maker Lotus is heading towards a multi-billion pound floatation as it readies to open a new production plant in China and targets 100,000 sales a year by 2030.
Canary Wharf rolls out flexible offices after pandemic shakes up work habits February 19, 2022 London landlord the Canary Wharf Group is planning to roll out a flexible office service for clients, as the city continues to adapt to the pandemic shakeup to work patterns.
Russian invasion of Ukraine would ‘echo around the world’, warns Johnson February 19, 2022 Prime Minister Boris Johnson has warned that the shock of a Russian invasion of Ukraine would “echo around the world” as he told world leaders today that the crisis in Ukraine represented a "moment of extreme danger for the world".
Transport for London warns of potential bankruptcy as funding crisis deepens February 19, 2022 Transport for London (TfL) may have to declare itself bankrupt if the government does not say whether it will cough up fresh funding in the coming days, the Mayor’s office has said.
High street weather major shutdown as 10,000 chain outlets disappear in 2021 February 19, 2022 Britain’s high streets saw a major shutdown of chain shops, bank and gyms last year as the pandemic continued to batter the retail and leisure industries, new figures have revealed.
