Twitter sale: The rocky road for online safety in Musk’s world of free speech April 26, 2022 The business world was sent into frenzy on Monday night after Twitter accepted a $44bn buyout offer from Tesla tycoon Elon Musk.
The City View: Max Jamilly, Hoxton Farms co-founder, on lab-grown meat and London’s start-up scene April 26, 2022 Today Andy Silvester chats to Max Jamilly, co-founder of Hoxton Farms, a lab-grown meat start-up based in London. They go through the recent rise of plant-based alternatives, how lab-grown meat is created, and why it will supercede traditional plant-based meat; and Hoxton Farms’ funding journey, their plans to scale their business, and London’s vibrant start-up [...]
Young accountant wins payout over insurance chief’s ‘demanding’ millennial comments April 26, 2022 A trainee accountant has won a case against employer, after his boss said she had made “the wrong decision in giving a dyslexic person the job” whilst firing him from his job at the Lloyd’s insurance broker. 26-year-old accountant Jay Patel is set to receive compensation for unfair dismissal, after an employment tribunal heard his [...]
Crypto set to overtake traditional investments within 10 years, new report claims April 26, 2022 Research by a global cryptocurrency exchange has found investors believe digital assets will outgrow traditional investment within a decade.
Global reach of crypto leaves individual regulators powerless, FCA boss warns April 26, 2022 The global reach of cryptocurrencies has left individual regulators unable to shield consumers from mis-sold investments and dodgy products, the chief of the UK’s financial watchdog has warned.
P&O launches investigation after vessel loses power at sea April 26, 2022 Disgraced ferry operator P&O has launched an investigation after a recently cleared vessel lost power off the coast of Northern Ireland. The European Causeway vessel was unable to manoeuvre as required and was “unable to keep out of the way of another vessel.” “Following a temporary mechanical issue, the European Causeway is now continuing on [...]
CAA urges travellers to use £85m of unspent vouchers before they expire April 26, 2022 The Civil Avation Authority (CAA) has urged travellers to use £85m of unspent vouchers before they expire at the end of September. Given by travel firms as refund during the pandemic, the vouchers were issued between March 2020 and December 2021 and are under the Atol scheme, which protects customers if their travel company goes [...]
German energy firms risk being nationalised as cabinet backs emergency measures April 26, 2022 Germany's government could soon have the power to seize ownership of energy companies to secure supplies in the event of an emergency.
UK flirting dangerously close with recession this year, economists warn April 26, 2022 The UK economy is flirting dangerously close with falling into recession this year as a result of inflation dealing a heavy blow to households and businesses. That’s according to a slate of gloomy forecasts from some of the City’s top economists. Elevated food, energy and core goods prices will send inflation to a peak of [...]
PepsiCo swallows nearly $500m in charges after Russia invades Ukraine April 26, 2022 Beverage maker PepsiCo has taken a hit of nearly $500m in charges relating to Russia’s invasion of Ukraine. The soft drinks giant told investors on Tuesday that it had been forced to swallow $241m “brand portfolio impairment charges” and a separate $241m in “Russia-Ukraine conflict charges”. While the group suspended sales of soft drinks brands [...]
