Cineworld shareholders to be wiped out under new restructuring plan April 11, 2023 Shares in Cineworld tanked over 30 per cent this morning after the embattled cinema chain revealed that it would be forced to wipe out shareholders as part of its plan to exit bankruptcy. The London-listed firm, which filed for bankruptcy in the US last autumn, said today that it has filed a “plan of reorganisation” [...]
London Heathrow reports busiest day since Covid with 6.2m jetting off for Easter despite strikes April 11, 2023 London’s Heathrow Airport reported over 6.2m passengers travelled through Britain’s biggest airport in March, a rise of more than a million since February. The West London hub also recorded its busiest day since 2019, with 221,606 flying through on 31 March, despite it being the first day of Unite’s industrial action. The five-week walk-out by [...]
Gordon Murray’s T.33 Spider is a £1.8 million hypercar head-rush April 11, 2023 The new T.33 Spider from Gordon Murray Automotive combines a super-light carbon fibre chassis with a 617hp Cosworth V12 and manual gearbox.
BMW M3 Touring review: The ultimate fast family car? April 11, 2023 The BMW M3 Touring is a family-friendly estate car with enough firepower to worry a Porsche 911. Tim Pitt gets behind the wheel.
BP: Oil and gas giant takes 40 per cent stake in massive UK carbon capture and storage project April 11, 2023 BP has snapped up a hefty stake in a major upcoming carbon capture project from Harbour Energy, bringing more focus to decarbonisation.
Is a crypto bull market coming? Bitcoin roars past $30k as investors bet on end to rate hikes April 11, 2023 Bitcoin has roared past the $30,000 dollar mark for the first time since June last year as investors pour into crypto in a bet on the end of rising interest rates.
Bitcoiners and the spirit of Satoshi April 11, 2023 In her debut column for Crypto AM, Susie Violet Ward lays out what it means to be a Bitcoiner.
Netflix and starve: Cash strapped Brits cut back on groceries and spend more on TV subscriptions April 11, 2023 Cash strapped Brits have cut back on grocery shopping and dining out last month, but spent more on streaming services services Netflix. Consumer card spending grew just 4.0 per cent year-on-year in March, less than half of the latest inflation rate of 9.2 per cent, as the cost of living crisis drives consumers to cut [...]
CBI boss Tony Danker ‘dismissed with immediate effect’ amid investigation into sexual misconduct claims April 11, 2023 Tony Danker has been “dismissed with immediate effect” as head of the CBI following an investigation into workplace misconduct. It comes after the Confederation of British Industry (CBI), Britain’s biggest trade body, launched an investigation into allegations of sexual misconduct. Danker stepped aside as director general amid allegations of misconduct in March, while three other [...]
‘An evil act of targeted violence’: Five dead after US bank worker livestreams Kentucky shooting spree April 11, 2023 A Louisville bank employee armed with a rifle killed five people at his workplace on Monday morning while livestreaming the attack on Instagram, authorities said. Police arrived as shots were still being fired inside Old National Bank and killed the gunman in an exchange of gunfire, Louisville Metro Police Department chief Jacquelyn Gwinn-Villaroel said. The [...]