Going green: Harvest London set to build ‘vertical farm’ in the Croydon suburbs March 20, 2023 A LISTED investment manager has injected funds into vertical farming firm Harvest London to build a cutting-edge site near Croydon. Harvest has built two farms in the capital so far and partnered with brands including Pizza Pilgrims to deliver locally-grown produce with minimal environmental impact. Harvest has secured investment from Foresight to build a 140,000 [...]
UBS and Credit Suisse face legal threats after bond wipeout and shareholder bypass March 20, 2023 UBS and Credit Suisse are facing potential legal action from investors after the controversial tie-up between the two banks bypassed a vote by shareholders and wiped out $17bn of Credit Suisse bonds.
Credit Suisse set to pay bonuses and boost salaries despite UBS takeover March 20, 2023 Credit Suisse is reportedly set to pay out bonuses and go ahead with planned salary increases for its staff despite the dramatic acquisition of the bank by UBS over the weekend. In an internal email sent to members of staff and seen by the Financial Times, the beleaguered lender said it “will continue to allocate [...]
Explainer: The DUP won’t back Rishi’s Brexit deal – but does it matter? March 20, 2023 The DUP said today that it will vote against Rishi Sunak’s Windsor Framework Brexit plans. Party leader Sir Jeffrey Donaldson is concerned about the so-called ‘Stormont brake’, which allows the assembly to block new incoming rules from Brussels from applying in Northern Ireland. “Whilst representing real progress, the ‘brake’ does not deal with the fundamental [...]
Newcleo announces plans for €1bn fundraiser as it targets UK nuclear industry March 20, 2023 A potential nuclear power player with ambitions for the UK market is working to raise up to €1bn equity in an upcoming equity raise.
Window of opportunity to preserve liveable climate rapidly closing, UN warns March 20, 2023 There is a rapidly closing window of opportunity to lower greenhouse gas emissions and secure a safe and liveable future, says the UN.
‘Nothing changed since Stephen Lawrence’s murder’: Backbench Tory MP calls for Met to be ‘abolished’ March 20, 2023 The Met Police should be “abolished” after failing to change since the murder of teenager Stephen Lawrence, a Conservative MP has suggested in the wake of a blistering report. Baroness Louise Casey branded the Met “institutionally racist, misogynist and homophobic” and warned cops like killer Wayne Couzens and rapist David Carrick may still be in [...]
London house price growth slows, but you’ll still need over £1m to live in Camden, Kensington or Westminster March 20, 2023 The price of the average London home stood at £680,806, according to online estate agent Rightmove, which found that house prices in the capital rose 2.5 per cent compared to three per cent in Britain as a whole in the last 12 months. When looked at borough-by-borough, property prices fared differently. So while Camden residents [...]
Gas prices slide ahead of spring as banking chaos sparks recession fears March 20, 2023 Gas prices have dropped in this afternoon's trading as warmer weather and economic turmoil eased expectations of demand.
Will Bitcoin break $35,000 this month? March 20, 2023 Nigel Green highlights key pillars that could bolster Bitcoin's efforts to continue its upward pattern and potentially hit $35k this month.