Bitcoin shines on through gathering clouds of market sentiment April 20, 2022 The price of Bitcoin (BTC) has continued to bounce back from its five-week low of around $38,700 on Monday, currently trading at $41,480.
UK judge orders Julian Assange to be extradited to the US April 20, 2022 WikiLeaks founder Julian Assange will be extradited to the US after all, following a long legal battle, after a UK judge ordered him stateside to face a 175-year sentence. The US Department of Justice indicted Australian-born Assange on 18 counts, including breaking spying laws and conspiring to hack government computers. The decision will now move [...]
UK listed firms must have at least one woman in a senior position, City watchdog says April 20, 2022 The boards of UK listed companies should employ at least one non-white board member and one woman in a senior role, according to new diversity targets put forward by the Financial Conduct Authority (FCA). Two-fifths of board members should be women, and at least one senior board position – including chief executive, chair, or chief [...]
Demolition of M&S Oxford St store put on hold by Gove April 20, 2022 The bulldozing of the iconic Marks & Spencer building on Oxford St has been put on pause by the government. According to a report by the BBC, Michael Gove asked Westminster council to press pause on a demolition application. Under an Article 31 holding direction, a local authority cannot green light planning permission until ministers [...]
Letters: Stop paying out without result April 20, 2022 [Re: Deloitte wins £9m contract with government, April 12] Last week, Deloitte won a new £9m contract with the government, having previously won a £4.8m deal, for work on One Login – a type of digital identity system for across government services. Currently, around half of the 370 different services on gov.uk have their own [...]
FirstGroup snatches former telecoms boss for chief executive role April 20, 2022 Former telecoms boss Graham Sutherland was appointed chief executive of FirstGroup, the transport colossus announced today. The new boss will assume office from 16 May. Sutherland – who was previously at the helm of LSE-listed telecommunications company KCOM from 2018 until its sale to an infrastructure fund – will succeed Matthew Gregory, who stepped down [...]
Vaccine manufacturer Oxford Biomedica warns of Covid-19 cliff edge April 20, 2022 Oxford Biomedica, which helped manufacture the AstraZeneca Covid-19 vaccine, has enjoyed a revenue boost of more than 60 per cent, thanks to its frontline position in tackling the pandemic. The London-listed cell and gene therapy group pulled in £142.8m in the year to 31 December, up from £87.7m in 2020. However, the firm has warned [...]
Buyout giants rule out backing Musk bid as takeover interest heats up April 20, 2022 A host of buyout giants have ruled themselves out of backing Elon Musk’s hostile takeover of twitter over concerns the tech giant cannot boost its profitability.
Former eBay exec set to plead guilty after cyberstalking campaign April 20, 2022 A former eBay executive plans to plead guilty to federal charges that he planned a cyberstalking campaign that targeted a couple whose online newsletter EcommerceBytes made digs at eBay.
Explainer-in-brief: a social tariff to keep the heating on April 20, 2022 Energy bosses yesterday called for a social tariff to try and ease pressures on those hit hardest by the spike in energy prices. Such a plan would require the government to implement legislation for a tariff below the Ofgem price cap – which is subject to variability in energy prices. It would require each provider [...]
