Crypto markets holding tight ahead of today’s speech from US Federal Reserve February 7, 2023 The price of Bitcoin was at $23,010 this morning as it continues to weave around the $23,000 mark. Ethereum is trading for $1,640.
BA cancels 50 flights at Heathrow and London City TODAY as fog grounds airline February 7, 2023 British Airways has cancelled a raft of flights at London airports after a the thick layer of fog engulfed the capital. The legacy carrier has axed around 30 flights at Heathrow – between arrivals and departures – after a limit was imposed by air traffic control. While London City Airport was forced to ground or [...]
SoftBank’s Vision Fund loses £4.6bn as tech rout continues February 7, 2023 Japanese investment giant Softbank swung into the red between October and December, driven down by heavy losses at its flagship Vision Fund. Softbank’s Vision Fund suffered the brunt of a global tech rout that has shaved billions from the value of the world’s largest tech firms. Vision Fund booked a loss on its investments of 730.4bn [...]
Honda Civic Type R review: Hatch of the day February 7, 2023 The 2023 Honda Civic Type R might be the best hot hatchback currently on sale. Tim Pitt drives it on the road and racetrack.
National Grid stands down coal plants as it grapples with winter cold snap February 7, 2023 National Grid stood down its order for two coal power plant units to be warmed up yesterday evening, easing supply crunch concerns.
Barton to replace Meehan as Victorian Plumbing finance chief February 7, 2023 Victorian Plumbing Group’s finance chief, Paul Meehan, has told the board he will be stepping down from his role at the end of March in order to pursue other opportunities. Meehan will be replaced by Daniel Barton, currently the group’s director of finance. Barton will be appointed to the board on 1 April. Barton joined [...]
UK house prices slow to three-year low as cost of living crisis drags down London and South East property market February 7, 2023 In London, house prices fell from £541k to £530k iin January, with annual house price inflation flat at 0.0 per cent compared to 2.9 per cent in December.
Brooks Macdonald chair Carruthers resigns due to ill health February 7, 2023 Chair of Brooks Macdonald, Alan Carruthers, has resigned from the board with immediate effect having suffered from ill health over the last year. The AIM-listed investment manager said Carruthers had suffered from “a series of unfortunate health issues of the last twelve months”. His resignation will allow him to concentrate on recuperating fully, the company said. [...]
Robot laws: First barrister to use AI in Old Bailey murder trial urges government to push forward cutting edge tech February 7, 2023 The first barrister to use an Artificial Intelligence (AI) tool in an Old Bailey murder trial has called on the UK’s Ministry of Justice (MoJ) to invest in the cutting edge technology. Sally Hobson, a criminal defence barrister at London chambers The 36 Group, told City A.M. AI tech has the potential to “save huge [...]
Earthquake in Turkey and Syria: UK sends 76-strong team as death toll passes 4,000 and hunt for survivors continues February 7, 2023 The death toll surged past 4,000 as rescuers in Turkey and Syria worked overnight to find more survivors of the 7.8 magnitude earthquake that hit the region early on Monday. Survivors cried out for help from within mountains of debris as first responders contended with rain and snow. Seismic activity continued to rattle the region, [...]
