Letters: Britain’s best in class NFT April 6, 2022 [Re: Sunak sets out plan to turn UK into ‘global hub’ for crypto, April 4] Rishi Sunak’s plans to turn the UK into a ‘global hub’ for crypto are a much-welcomed step in the right direction if Britain’s financial services industry is to remain world class – but we need to make sure our country’s [...]
IAG boss says Air Europa deal will take at least 18 months April 6, 2022 The IAG – Air Europa deal will not be finalised for at least 18 months, IAG’s chief executive Luis Gallego said this morning. “We have to decide on a calendar to take 100 per cent, but I think it would take minimum 18 months,” said Gallego, adding that the company will need to secure anti [...]
UK building firms’ confidence plummets on Russia-Ukraine war April 6, 2022 Existing supply chain disruption intensified by Russia’s invasion of Ukraine has eroded confidence in the UK construction sector to its lowest level in around a year and a half, reveals a closely watched survey released today. Swelling raw material costs, elongating delays in sourcing components and higher staffing bills all compounded to spike optimism among [...]
Explainer-in-brief: Fed up with the emoji offerings? Time to shine April 6, 2022 Ever felt like you needed a more specific emoji to caption your aperol spritz Instagram with? Frustrated at not being able to express every single emotion with a little yellow face? No, this isn’t an advert for an emoji self-help group or a Boomer’s guide on how to use the Other Keyboard. The Emoji Subcommittee [...]
Explainer: Why the Treasury is sold on the promise of stablecoins April 6, 2022 The UK was left reeling this week by the revelation that Rishi Sunak intends to turn the UK into a "global hub" for crypto assets.
Ed Sheeran wins copyright battle for Shape of You April 6, 2022 Ed Sheeran wins his three-week High Court battle this morning after the music star was accused of being a music magpie over his hit song Shape of You.
Hail a flight! Uber set to include air travel and Eurostar as ‘superapp’ bid revamped April 6, 2022 Planes and trains are set to be added to Uber’s app, as it looks to fully integrate inter-city and even international travel. The hail-a-ride cab company announced plans to move beyond localised convenience, and expand into coaches, air travel and trains this summer. It will also look to include a travel booking system, offering car [...]
UK division of Russia’s VTB files for administration April 6, 2022 The UK division of Russian bank VTB is preparing to file for administration today after Western sanctions were slapped on the firm following Russia’s invasion of Ukraine, according to reports.
Roman Abramovich is ‘asking all his friends in the US to let him borrow $1m’ April 6, 2022 Sanctioned Oligarch Roman Abramovich has been asking for millions in loans to ensure he can pay staff on his payroll. The Chelsea owner has been asking friends in Hollywood and Wall Street to give him cash, in order to ensure his existing projects, including the building of his new Tel Aviv mansion, can continue. This [...]
Exclusive: City heavyweights are top firms for career growth, says LinkedIn April 6, 2022 City headquartered firms have been named as the top companies to work at for career growth, according to LinkedIn research shared exclusively with City A.M. today. Barclays retained its crown, wrestling with Lloyds Banking Group and HSBC, which make the top three companies on the list – all with London HQs. Chasing the coattails of [...]
