Bitcoin’s Lightning Network capacity hits new high, and crypto lenders investigated July 18, 2022 Data from CryptoCompare shows that the price of Bitcoin moved down to $19,000 last week before starting an uptrend that is still ongoing
Johnson Matthey unveils plans to build £80m hydrogen gigafactory to boost energy ambitions July 18, 2022 Johnson Matthey has revealed plans to build an £80m gigafactory at its site in Royston, as it looks to to scale up hydrogen fuel cell manufacturing.
US and UK to strengthen collaboration on crypto regulation, FCA says July 18, 2022 UK and US regulators will work together and deepen ties as they focus on crypto regulation, the Financial Conduct Authority’s CEO said. “One area of global focus is crypto, both opportunities and risks,” chief Nikhil Rathi said at the Peterson Institute for International Economics recently. “The U.S. and U.K. will deepen ties on crypto-asset regulation [...]
London rents hit eyewatering average of £2,675 as homeownership falls further out of reach July 18, 2022 Rents in London have grown faster than anywhere else in the country for the second month running, with the average hitting £2,675. Londoners were found in February to already be dishing out more than 70 per cent of their monthly paycheck on their rent by city estate agent Benham and Reeves. Though the figure has [...]
Sky News cancels Tory leaders debate after Sunak and Truss pull out July 18, 2022 Sky News has cancelled the third Tory leadership debate planned for tomorrow, after frontrunners Rishi Sunak and Liz Truss today said they would not participate. It comes after a bruising ITV debate last night, which saw candidates launch vicious attacks on each other for 60 minutes. The clashes were particularly heated between Sunak, Truss and [...]
Energy specialists snap up Africa’s largest renewable power producer July 18, 2022 Africa's largest pure-play renewable power independent power producer has been snapped up in a deal with an expected value of $1.5bn.
Ethereum climbs near $1,500 amid rumours of impending update July 18, 2022 The price of Bitcoin is up around three per cent over the past 24 hours this morning, changing hands for more than $22k.
6 Companies Giving Employees A Free Week Off July 18, 2022 There’s no doubt there are great perks to working in the tech industry: above market rate salaries, excellent benefits and lots of fun extra-curricular stuff are just some of the ways Big Tech draws in the best talent. These tactics are rubbing off: in Tysons, Virginia, on the roof of one of Capital One’s banks [...]
Exclusive: Ringfencing is the ‘least worst option’ for protecting customers, says Utilita Energy boss July 18, 2022 Ringfencing is the 'least worst option' for personal credit balances, argued Utilita Energy's chief executive Bill Bullen.
Atom Bank set for first year of profit after three quarters in the black July 18, 2022 Digital lender Atom Bank is on track to post its first full year of profits after revealing today it had spent three quarters in the black in the full year to March. The Durham-based bank, founded by chief executive Mark Mullen in 2014, notched underlying pre-tax losses for the year of £2m, a £34m improvement [...]
