New ‘metaverse’ themed co-working space opens on Oxford Street March 16, 2023 A new co-working space has today launched in Oxford Street which will be themed around the ‘metaverse’ and help to bring creatives and investors into one space. Office and workspace company Huckletree, which operates across some of the biggest cities in the UK, has opened London’s first dedicated hub for tech companies pioneering new digital [...]
EU announces plans to lead green industrial revolution March 16, 2023 The European Commission presented the centrepieces of a strategy on Thursday to ensure the EU can compete with US and China.
NHS strike action paused as government offers ‘extra £2.5bn’ March 16, 2023 NHS strikes are set to be paused after the government offered up “an extra £2.5bn” to fund a fresh pay deal for healthcare workers. It comes the day after Chancellor Jeremy Hunt faced criticism for failing to announce any measures on public sector pay in his budget, amid widespread industrial unrest. This includes all NHS [...]
Planet Crypto: New Cramer ETFS putting the ‘fun’ in ‘funds’ March 16, 2023 Those champions of chortles at Planet Crypto have had their crayons out again, and they're scrawling all over Jim Cramer's investment advice.
Explainer: Are Michael Gove’s threats to developers working? March 16, 2023 This morning, we broke the news that residential developer Telford Homes was ready to sign Michael Gove’s cladding pledge. Just hours later, the developer officially capitulated and signed. These developments indicate that Gove’s threats, after all, are working. Monday was the official deadline for signing the legally binding contract. Thirty-nine developers accepted their responsibility to [...]
Exclusive: Hanbury founders offload political intelligence division to DeHavilland March 16, 2023 The founders behind fast-growing communications and advisory firm Hanbury Strategy have sold their political intelligence division, Forefront Advisers, to its larger rival DeHavilland, City A.M. understands. Hanbury, founded by well-connected former political advisers Paul Stephenson and Ameet Gill in 2016, was split into three divisions two years ago as the firm grew, with Forefront offering [...]
ECB hikes interest rates to highest level since financial crisis, ignoring market turmoil centred on Credit Suisse and European banks March 16, 2023 The European Central Bank (ECB) today hiked interest rates 50 basis points despite concerns about Credit Suisse’s finances sparking turmoil in the bloc’s banking market. President Christine Lagarde and co’s move was in line with expectations and takes Euro borrowing costs to three per cent, the highest level since the financial crisis in 2008. Markets [...]
Russia takes its war with Ukraine to London’s High Court as battle begins over a soured $3bn bond deal March 16, 2023 The UK’s top court yesterday ruled the Ukrainian government should be given the opportunity to face the Kremlin in London’s High Court, in a more than $3bn dispute over a 2013 bond deal. The Supreme Court’s ruling is set to see the UK’s High Court become the new front for the continuing fight between Russia [...]
Credit Suisse crisis: What’s going on and what will happen next? March 16, 2023 Credit Suisse was once one of the world’s largest and most respected financial institutions but this week its shares have been on a downward spiral. Although the Swiss bank had been caught up in market speculation over the health of the global financial system it has been beset with problems over the last few years [...]
UK risks losing out on green energy projects under latest government auction plans March 16, 2023 The UK will miss out on vital investment in energy projects in the upcoming renewable auction this month, warned Renewable UK.
