CBI: New boss Rain Newton-Smith refuses to budge on membership figures before exodus June 13, 2023 The Confederation of British Industry (CBI) is still insisting on keeping its prior membership figures under wraps in the wake of a scandal which saw it face a fight for its very future. CBI director-general Rain Newton-Smith refused to disclose the number of members her organisation had boasted prior to a sexual harassment crisis which [...]
Nintendo crowned ‘best value for money’ as nearly 70 per cent of Brits reduce gaming spend June 13, 2023 Nintendo’s online gaming subscription is the “best value for money” – but British gamers have spent less on products as the cost of living crisis weighs down their wallets. The Mario and Luigi creators have beaten the likes of the Xbox Game Pass and PlayStation Plus in Indivisible Gaming’s investigation into online gaming subscriptions. An [...]
Odey: Plus500 shares spike as it claws back $100m from beleaguered hedge fund June 13, 2023 Shares in London-listed fintech firm Plus500 have surged today after the firm revealed it would buy back some £100m worth of shares from beleaguered hedge fund Odey Asset Management. Odey AM has been rocked in recent days after founder Crispin Odey was accused of sexual assault by numerous women in an investigation by the Financial [...]
Why decentralisation is the key to decarbonisation in advertising June 13, 2023 If we are to truly decarbonise advertising, we need to embrace radical new tech solutions, says Ben Putley of Alkimi.
‘Completely unique’: Roman mausoleum unearthed near Borough Market and London Bridge June 13, 2023 Archaeologists have discovered remains from a “completely unique” Roman mausoleum just a stone’s throw from Borough Market and London Bridge station. At The Liberty of Southwark site, owned by Landsec, experts have uncovered the walls and interior flooring of a mausoleum, a type of Roman funeral monument. In the middle of the floor is a [...]
E-bike explosions caused by dodgy batteries are ‘the fastest growing fire risk’ in London June 13, 2023 Dodgy batteries on e-bikes and scooters are the “fastest growing fire risk in the capital,” a top London Fire Brigade official has warned, as he joined calls for more regulation. Deputy Commissioner of London’s Fire Brigade Dom Ellis said that the force had been called out to 58 e-bike fires and 14 involving e-scooters this [...]
Ukraine: 10 killed in Russia missile attack on high-rise block as fears grow of trapped survivors June 13, 2023 At least 10 people have been killed and dozens wounded after missiles hit civilian buildings in an overnight attack in the central city of Kryvyi Rih, Ukraine, a regional governor said. Serhiy Lysak, of the Dnipropetrovsk region, said the strike involving cruise missiles hit a five-storey residential building early on Tuesday and the area was [...]
Yo! Sushi owner sold to Japanese food giant in £500m deal June 13, 2023 The business behind restaurant chain Yo! Sushi has been bought by one of Japan’s biggest food companies in a deal worth almost half a billion pounds. Mayfair Equity Partners said it sold its stake in Snowfox Group to Zensho Holdings for $621m (£494m). The deal sees the Japanese giant gain a company which owns several [...]
CMA hits out at Asda and Sainsbury’s for restricting competition June 13, 2023 Asda and Sainsbury’s broke anti-competition rules a combined total of 32 times between 2011 and 2019, the competition watchdog said this morning. The Competition and Markets Authority (CMA) said the ‘Big Four’ supermarkets broke the Groceries Market Investigation (Controlled Land) Order 2010, which was brought in to stop supermarkets imposing new restrictions that stop rivals [...]
What we learned from Keir Starmer on AI, Boris Johnson and Nicola Sturgeon June 13, 2023 Keir Starmer hit the stage at London Tech Week this morning to mount Labour’s charm offensive on the great and good of London tech. Starmer’s address to the conference followed a major presence from top Tory figures yesterday, with talks from both Rishi Sunak and Jeremy Hunt. Speaking on the main stage in Westminster, the [...]
