Why central bank moves are pushing more people back to crypto April 24, 2023 The people in charge of the banks appear to have forgotten that inflation is a lagging indicator, says Temple Melville.
THG shares soar 10 per cent as investors cheer the appointment of BAT’s Farr April 24, 2023 Shares in THG soared 10 per cent after the beleaguered e-commerce platform drafted in a director of British American Tobacco to help take it private. Sue Farr, the senior independent director (SID) of BAT sits on the board of a number of FTSE 100 companies including used car dealership Lookers and real estate company Helical. [...]
Evri to ‘triple’ deliveries as it rolls out e-cargo bikes in London and Leeds April 24, 2023 Delivery titan Evri has launched new plans to triple annual parcel deliveries using electric-cargo bikes. Evri, formerly known as Hermes will expand its e-cargo bike fleet to London and Leeds this year, as the company looks to reduce carbon footprint in the ‘last mile,’ of its deliveries. Evri said that its services completed 154,000 deliveries [...]
Regulators demand LDI strategy ‘buffers’ to shore up funds following mini budget market meltdown April 24, 2023 Regulators are pressing managers of debt-fuelled liability driven investment (LDI) strategies to boost their access to quick cash and review the make up of their clients after the market was plunged into crisis by Liz Truss’s disastrous mini-budget last year.
Millions of low income households are overpaying for their broadband, says Ofcom April 24, 2023 More than half of low-income homes who qualify for cheaper broadband tariffs are missing out on the deals, according to the UK communications regulator. Only 220,000 households were on a social tariffs as of February 2023, meanwhile 53 per cent of people receiving benefit payments were completely unaware of cheaper deals, Ofcom revealed in a [...]
BP: Activist investor urges toughening up of climate agenda – as pressure builds on energy giant’s chair April 24, 2023 Follow This has urged investors to back its proposals to toughen BP's climate agenda amid intense pressure on its chairman Helge Lund.
Banks must do more to tackle Post Office cash-based money laundering, warns FCA April 24, 2023 The UK’s financial watchdog “put banks on alert” as it announced a series of measures to step up the fight against money laundering through the Post Office. Tackling financial crime is a key objective for both the Financial Conduct Authority (FCA) and the government. Last month the government announced part two of its Economic Crime [...]
New Mercedes-Maybach EQS is the ultimate electric SUV… for now April 24, 2023 The new Mercedes-Maybach EQS 680 SUV will take on forthcoming electric versions of the Bentley Bentayga and Rolls-Royce Cullinan.
Investors look for new consolidation levels as crypto ‘Fear and Greed’ index hovers in Neutral April 24, 2023 Bitcoin, the flagship cryptocurrency, is trading below $28,000 while the price of Ethereum sits just above $1,800 this morning.
The Notebook with Bill Browder: The UK must do more to support Vladimir Kara-Murza April 24, 2023 The Notebook is where the City’s big names talk what’s most important to them. This week: Hermitage Capital Management’s CEO Bill Browder writes. Last Monday, my friend Vladimir Kara-Murza, a dual British-Russian national, was sentenced to 25 years in Russian prison. His crime? Simply speaking out against Putin’s murderous war in Ukraine. According to the [...]
