Britishvolt secures £40m backing from Glencore to fuel gigafactory development February 15, 2022 Battery start-up Britishvolt has secured £40m funding from mining giant Glencore as it pushes ahead with plans to develop a major gigafactory in Northumberland.
BT pumps £30m into tech freelancing start up February 15, 2022 Telecoms giant BT has pumped £30m into a tech freelancing start up which helps business transform their digital systems, as it looks to ramp up its own modernisation efforts.
Glencore hails ‘extraordinary’ year as earnings top $21bn February 15, 2022 Glencore boss Gary Nagle hailed 2021 an “extraordinary” year for the miner today as the group reported an 84 per cent surge in earnings driven by record surges in global commodity prices.
Barclays reports surge in scammers targeting customers February 15, 2022 Barclays has reported a surge in scammers trying to con its customers out of cash as it warned the public today to remain vigilant to the tricks deployed by fraudsters.
Activist investor Bluebell lays out plans for Glencore coal spin-off February 14, 2022 Activist investor Bluebell Capital has outlined plans for mining conglomerate Glencore to spin off its thermal coal business while retaining control of the new entity, a letter has revealed.
Game developer Tripledot raises $116m to become UK’s latest ‘unicorn’ February 14, 2022 Gaming startup Tripledot Studios has secured a fresh $116m round of funding to make it the UK’s latest ‘unicorn’, with a valuation of $1.4bn.
Lithium recycling firm set for London listing as demand for batteries surges February 14, 2022 An Australian metal recycling firm which recycles metals for use in lithium batteries is set to announce a London listing as demand for electric vehicles continues to surge.
Financial watchdog pushes through changes to “unfair and unclear” buy-now pay-later contracts February 14, 2022 The Financial Conduct Authority has pushed through changes to potentially “unfair and unclear” terms in the contracts major buy-now pay-later (BNPL) as the government prepares for a regulatory clampdown on the sector this year.
University pension scheme lays out climate targets but comes under fire for lack of ambition February 14, 2022 The UK universities’ pension scheme has set a series of new carbon reduction targets to reduce emissions in its investments portfolio, as pressure grows on pension funds to decarbonise their investment strategies.
JD Sports and Footasylum hit with £5m fine following covert car park rendezvous February 14, 2022 city watchdog has slapped sports retailers JD Sports and Footasylum with a £5m fine after the firms’ bosses conducted covert meetings to discuss a blocked takeover, it has revealed.
