Pension bodies launch saving campaign as inflation threatens spending power April 5, 2022 Top pension bodies have launched a campaign to try and boost the UK’s engagement with pensions today, as fears grow that soaring inflation could take a chunk out of pensioners' spending power.
Repsol and Ørsted team up to explore Spanish offshore wind developments April 5, 2022 Energy firms Repsol and Ørsted have joined forces to develop Spanish offshore wind, with the market closing in on commercialisation.
Dorries urges broadband firms to publicise social tariffs, as 84 per cent on benefits unaware they exist April 5, 2022 Nadine Dorries has written to key internet providers urging them to raise awareness of discounted broadband offers for those on universal credit and benefits. She urged firms included BT and Virgin Media to publicise schemes because they have ‘low uptake’, with 84 per cent of those on benefits reportedly unaware they exist. Discounted social tariff [...]
Does Twitter need an edit button? Major shareholder Musk polls 80m followers April 5, 2022 Elon Musk has polled Twitter users to ask if they want an edit button, after the billionaire entrepreneur was revealed to be platform’s largest shareholder yesterday. Based on Friday’s market close, the stake is worth some $2.89bn (£2.2bn), though just a fraction of Musk’s net worth of $233bn (£178bn). Musk, the man behind Tesla and [...]
City watchdog hires three senior officials as it ramps up recruitment drive April 5, 2022 The City watchdog has hired three new senior officials as it pushes to strengthen its authorisation process, it announced today. City veteran Craig Chapman is set to join the FCA as Finance Director, from his current role as CFO at London fintech firm RTX Routetrader. Prior to joining RTX Routetrader, Chapman worked in various senior [...]
London property director hit with 11 year ban after conning investors out of millions April 5, 2022 A London property director has been given a 11-year ban from the top position, after scamming investors out of millions. Sam Eustace, from Sutton in south London, was formerly director of Kingsman Property, which promised landlords guaranteed rent all year around. The company also offered investors the opportunity to receive annual returns of 30 per [...]
Germany seizes control of Gazprom supply arm April 5, 2022 The German government has taken hold of Gazprom's German unit - to prevent a Russian-backed takeover of the business.
Sunak’s crypto ambitions are simply not ambitious enough April 5, 2022 Crypto AM's Nigel Green argues that the UK can reap economic rewards if the Treasury goes further in its bid to be crypto friendly.
London-listed medicinal cannabis company inks European distribution deal April 5, 2022 The first medicinal cannabis company to list on London’s main market has inked a distribution deal for Europe, just days after the UK ushered in new regulations. MGC Pharmaceuticals has struck a four-year agreement with pharmaceutical services company Sciensus Rare to distribute its products in the UK and key countries within the European Union. Products, [...]
War on words: Russia threatens to fine Wikipedia over ‘false information’ April 5, 2022 A Russian watchdog has threatened to fine Wikipedia unless it removes an unfavourable account of the invasion of Ukraine.
