Oil and gas body launches UK’s first ever carbon storage licensing round June 14, 2022 Thirty million tonnes of CO2 could be permanently stored in rocks deep beneath the UK’s surrounding seas by the end of the decade.
City Moves: Who’s switching jobs in the Square Mile? June 14, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Colliers Colliers has promoted into the role of operations director, who is set to oversee the estate agent’s office moves in 2023. Victoria Dent joined the Colliers’ finance department during the UK’s first lockdown as a financial [...]
Clinton-backed initiative promises to fix VC funding gaps for underrepresented tech founders June 14, 2022 A new global initiative to increase funding for underrepresented founders backed by Hillary Clinton and Cherie Blair has been announced this morning.
Our pledge to bridge the digital divide will shape our post-pandemic future June 14, 2022 Laptop on, coffee mug in hand, smartphone charged. This was many people’s mornings during the pandemic. As Covid-19 ravaged London, we all had to shift from being office-bound commuters to stay-at-home workers. It was then that the digital divide in our city became apparent to everyone. It wasn’t just the divide between the retail and [...]
London’s tech success can be the backbone of the nation’s economy as growth wavers June 14, 2022 Across the western world economies face big structural challenges: growth, productivity, inflation and real wage levels. The holy grail of economic policy is how to break out of this cycle. As Tech Minister, I believe the UK must throw everything behind being a science and tech superpower. Just as our economy was transformed by Thatcher [...]
As we remember Grenfell, we must find a way to give the survivors of the blaze closure June 14, 2022 Today marks the fifth anniversary of the Grenfell Tower fire. 72 people died in that inferno – 18 of them were children. The number of people living in the council-owned building was 297; the 223 survivors are still, today, waiting for justice. The tragedy that unfolded on the night of the 14th of June 2017 [...]
Letters: The Met’s trust challenge June 14, 2022 [Re: Crime in our capital city will stay high unless confidence in the Met is restored, June 10] As the cost-of-living crisis continues to bite, we’re seeing fresh waves of concern about a potential spike in crime figures . The Met currently has more police officers than ever before, yet it appears there is still [...]
EP: 138 Royal Ascot – Wednesday June 13, 2022 Wednesday at Royal Ascot sees the Prince Of Wales’s Stakes as the Group 1 feature race alongside a trio of Group 2 events. There’s also the Royal Hunt Cup cavalry charge, run over the straight mile course for us to look forward to. City AM Racing editor Bill Esdaile previews the best of Wednesday’s action, [...]
Battle of the brands: Lidl accuses Tesco of copying logo in High Court dispute June 13, 2022 Lidl has accused rival Tesco of copying its logo to “ride on the coattails of Lidl’s reputation as a discounter.” The claim was made by the German supermarket chain during a High Court dispute, in which Lidl said the logo for Tesco’s Clubcard Prices was too similar to its own – a yellow circle with [...]
Crypto plummets as Binance pauses Bitcoin withdrawals and Celsius stops redemptions June 13, 2022 Major cryptocurrencies plunged on Monday after Binance halted Bitcoin withdrawals and Celsius suspended all redemptions. Bitcoin dropped over 18% while ether fell more than 20% on Monday afternoon after Binance , the world’s largest crypto exchange, suspended Bitcoin withdrawals. The suspension came after crypto lender Celsius announced it would halt withdrawals, swaps, and transfers between [...]
