Europe funds Russian war efforts as biggest buyer of Kremlin-backed fossil fuels June 13, 2022 Fossil fuels are filling the Kremlin's war chest and despite its sanctions, the EU remains its biggest buyer of energy supplies.
Apple set to rake in over £6bn in music and gaming revenue by 2025 June 13, 2022 Apple's revenue from gaming and music offerings is expected to jump 36 per cent to $8.2bn (£6.7bn) by 2025, according to estimates from JP Morgan.
Gove admits Treasury doesn’t know how it will fund Right to Buy scheme June 13, 2022 The government does not know how it will fund its newly announced Right to Buy scheme, housing secretary Michael Gove has admitted. Gove today said the Treasury has “agreed that it will be funded”, but that the government is not in “a position yet to say entirely how” that will happen and that ministers now [...]
Sky piles into new £100m climate tech fund June 13, 2022 Media giant Sky will anchor a new £100m venture capital fund looking to pump cash into early-stage ‘climate tech’ firms, the firm announced today.
Learning from Joe Rogan: Spotify sets up advisory board to navigate future content controversies June 13, 2022 Spotify has set up a Safety Advisory Council to provide third-party advice on issues surrounding hate speech and disinformation as the streaming giant hopes to dodge a repeat of the infamous Joe Rogan row.
Oil prices flat as tight markets compete with dropping demand ahead of IEA report June 13, 2022 Oil prices have flatlined - with benchmarks being pulled from both directions by competing factors in a volatile market.
Lloyds Bank to pay staff extra £1,000 each to deal with UK’s cost-of-living crisis June 13, 2022 Lloyds Bank is set to pay £1,000 bonuses to the vast majority of its UK staff to help them deal with the cost-of-living crisis. The UK’s biggest retail bank is set to give one-off, £1,000 bonuses to more than 64,000 of its rank-and-file staff, according to an internal memo seen by City A.M. The bank [...]
P&O and DFDS to address competition concerns following CMA investigation June 13, 2022 Ferry operators P&O and DFDS will address concerns over their capacity-sharing agreement after the Competition and Markets Authority (CMA) launched an investigation. Under the agreement signed in May 2021, cargo customers on the Dover to Calais route can board the next available ship, regardless of who operates it. After it launched an inquiry in November [...]
Weston Homes sets aside £50m to make London flats more eco friendly June 13, 2022 One of the UK’s largest housebuilders, Weston Homes, has set aside £50m to make all its houses in London and the South East more eco-friendly – in a bid to take advantage of “green premiums”. This will involve the fitting of heat pumps, solar panels and electric vehicle charging points, in and around 7,500 homes, [...]
Sam Torrance: Stage is set for Rory McIlroy and Justin Thomas to continue rivalry at US Open June 13, 2022 Recent form dictates that Rory McIlroy and Justin Thomas will be the most fancied players in the field when the US Open returns to the Country Club, Brookline, this week. The Massachusetts venue is a really famous course and one of the oldest in the United States which has held this major three times before, [...]
