Thank You for the Music: ABBA backed firm snaps up Swedish House Mafia’s music catalogue March 29, 2022 ABBA-backed entertainment firm Pophouse Entertainment has snapped up the back catalogue of electric music pioneers Swedish House Mafia.
Recessionary threads begin to weave through present economic landscape March 29, 2022 This week, Bank of England governor Andrew Bailey warned this year’s energy shock will be bigger than any seen during the 1970s. The ripple effects on consumers from soaring energy bills has sparked a wave of economists to slash this year’s growth forecasts on concerns spending will be knocked by a steep fall in living [...]
UK has more than £854bn in offshore wealth, with 0.92 per cent lost from GDP March 29, 2022 UK citizens own more than £854bn in offshore wealth, ranking it fifth in Europe when measured as a percentage of lost GDP. Britain lost an estimated £19.2bn in tax because of the problem according to new research by anti money laundering group Credas Technologies, with the overall figure representing almost one per cent of national [...]
Going green: Uber’s fully electric option expands to all of London March 29, 2022 Uber goes green in London, with passengers now having the option to request an electric-vehicle anywhere in Greater London.
Coca Cola scraps policy requiring law firms to have 30 per cent ‘diverse’ staff March 29, 2022 The Coca Cola Company has scrapped a policy requiring any outside law firms it works with to have 30 per cent “diverse” staff. Coca Cola’s decision to scrap its diversity policy comes after the firm faced pressure from a group of shareholders threatening legal action against the drinks maker over its ethnic diversity policy, according [...]
BT pauses landline cut off after Storm Eunice victims were unable to call 999 March 29, 2022 BT has backtracked on plans to replace landline phones with digital ones following complaints that this would leave the elderly and vulnerable at risk. Following a reports from the Telegraph which found that BT customers were blocked from calling for help during storms earlier this year, the company has now apologised and said it got [...]
UK Government seizes Russian-owned £38m super yacht in Canary Wharf March 29, 2022 The UK seized a £38m Russian-owned super yacht in Canary Wharf, transport secretary Grant Shapps said today. Officers from the National Crime Agency issued a detention order after they uncovered the owner’s identity despite it being “deliberately well hidden.” Named Phi, the vessel was built in the Netherlands and carried a Maltese flag while the [...]
Polymetal weighs up Russian demerger after Ukraine invasion March 29, 2022 Polymetal International has confirmed it is "evaluating various options that could maximise shareholder value following a difficult trading period.
Cardano’s Charles Hoskinson calls for crypto Constitution March 29, 2022 Cardano creator Charles Hoskinson has called for the whole crypto community to pull together and create ‘a Bill of Rights’ for what decentralisation should truly be.
Sir Tim Clark says Emirates will continue flying to Russia until told otherwise March 29, 2022 Emirates will continue flying to Russia until told otherwise, the airline’s chief executive Sir Tim Clark said this morning. Since the conflict’s outbreak, the UAE Government – who also owns Emirates – decided not to take sides between Western countries and Moscow, using Emirates aircraft to carry out humanitarian goods and diplomats in and out [...]
