Eurowag boss: UK should remain open to alternative green fuels June 12, 2023 The founder and CEO of FTSE 250 firm Eurowag has said that the UK should remain open to synthetic fuels, amid impending bans on petrol and diesel vehicles and an ongoing wider debate over alternative fuels’ role in decarbonising. Speaking to City A.M. Martin Vohanka said he would like the UK to “stay open” to [...]
Crypto market scrutiny amps in US as Binance and Coinbase face SEC lawsuits June 12, 2023 Data from CryptoCompare shows the price of Bitcoin (BTC) started last week with a hefty drop from around $26,600.
AI can help capital tackle climate threat, Sadiq Khan says June 12, 2023 Artificial intelligence (AI) can be deployed to help London tackle the threat from climate change, Sadiq Khan has said. The mayor of London has launched a review exploring how data and technology can help the capital thrive in a changing environment. At the opening of London Tech Week on Monday, Khan outlined how blistering heatwaves [...]
Amazon warehouse workers accuse tech giant of ‘dirty tricks’ as staff strike again June 12, 2023 Amazon workers commence three days of industrial action at the firm’s Coventry warehouse today as a dispute over pay drags on and continues to disrupt its operations. This is the fifth time this year that members of the GMB Union have walked out over low pay, with strikes taking place nearly every month since the [...]
UK burns coal for first time in 46 days as Brits turn on the air conditioning June 12, 2023 Britain has started burning coal for electricity for the first time in a month and a half as demand for air conditioning spiked.
Evelyn Partners acquires boutique money manager Dart Capital as speculation grows over flotation June 12, 2023 Wealth management and accountancy firm Evelyn Partners has acquired boutique City firm Dart Capital for an undisclosed sum. The acquisition is the latest in a series of deals that has seen Evelyn Partners grow to have over £54.4bn in assets under management, making it the UK’s second largest wealth manager. Dart Capital, which was incorporated [...]
JPMorgan agrees to settle with Epstein victim in class action suit June 12, 2023 JPMorgan agreed in principle to settle a class action lawsuit with a victim of Jeffrey Epstein, the bank said in a statement Monday. The settlement resolves one claim against the largest U.S. bank in a proposed class action by women who say Epstein abused them, and by the government of the U.S. Virgin Islands, where Epstein [...]
SEC’s crackdown is a positive opportunity for crypto June 12, 2023 We’re now in a new world and the cryptoverse needs to get over seeing the ‘red mist’ with the SEC, warns Nigel Green.
Hunt urged to ‘double down’ on backing offshore wind or risk falling behind rivals June 12, 2023 The government needs to incentivise domestic offshore wind and support the industry so that the UK can compete with international rivals.
Bank of England policymaker warns further interest rate hikes ‘cannot be ruled out’ June 12, 2023 Further interest rate rises “cannot be ruled out” amid decades-high inflation in the UK, a Bank of England policymaker said. Jonathan Haskel, writing in The Scotsman, spoke of the “difficult judgments” the Bank has to make to bring inflation down to its two per cent target. The economist, an external member of the seven-person Monetary [...]
