Gambling giant 888 launches African joint venture as online betting market swells March 29, 2022 Gambling giant 888 makes a major move into the African market, signing an agreement with industry specialists to form 888Africa.
Liontrust to scoop up Majedie for £51.4m discount after share price plunge March 29, 2022 London-based asset manager Liontrust will scoop up Majedie Asset Management for £51.4m below the price originally proposed for the deal in December, after the firm’s share price plunged in recent months
Ex-Sainsbury’s director to share helm of government Environment Agency March 29, 2022 Environment secretary George Eustice has appointed the former Sainsbury’s director as deputy chair of the government’s Environment Agency. Retail veteran Judith Batchelar will step into the new role at the beginning of April as current deputy chair Richard Macdonald’s term ends. Batchelar, who resigned from Sainsbury’s after 16 years last May, worked in the food [...]
London’s Actis tables $500m for Asia expansion as it branches out into Japan March 29, 2022 British investment firm Actis has branched out into Japan with a new office, as it expects to spend $500m (£382) over the next five years on its push into Asia. The London-headquartered private equity firm has unveiled a new Tokyo base, to double down on risk-return opportunities in the region. Actis, founded in 2004, also [...]
Integration of CeFi and DeFi now possible through Binance Bridge 2.0 March 29, 2022 Cryptocurrency exchange Binance has today launch Binance Bridge 2.0 - a tool which will allow users to quickly and securely bridge assets from any blockchain to the BNB Chain.
Wisdomtree launches Cardano, Solana and Polkadot ETPs across Europe March 29, 2022 Investment firm Wisdomtree has launched a swathe of exchange traded products (ETPs) in a sign that the European crypto market is flourishing.
Law firm price comparison sites could push smaller businesses out, Law Society says March 29, 2022 Law Society vice president Lubna Shuja has said regulators’ plans to push law firms onto price comparison sites could lead to big firms monopolising the market and pushing smaller firms aside. The solicitor warned that efforts to force law firms to appear on digital price comparison tools could result in law firms carrying higher costs, [...]
Average mortgage hits £235k as cost of living crunch threatens home ownership plans for many March 29, 2022 The total value of mortgages lent rocketed last month as buyers face more affordability roadblocks to home ownership. Some 70,933 mortgages were given the green light in February, compared to 73,841 in January, according to the Bank of England’s monthly money and credit figures. However, the total value lent rose (from £16.6bn to £16.7bn), meaning [...]
Political stasis on energy policy will throw us further into the Dark Ages March 29, 2022 The foundations of our energy policy in Britain have been thrown into the spotlight as countries around the world look to unwind their reliance on Russia. Reducing oil dependency is a step in the right direction. But as the human, environmental and geopolitical costs spiral, what the UK needs now is a decisive commitment towards [...]
Boris Johnson has not been given Met police fine over partygate, says Number 10 March 29, 2022 Boris Johnson will not be given one of 20 penalty notices the Metropolitan Police will hand out today over partygate, Number 10 has said. Johnson’s official spokesman told journalists that “we’ve said we will update if” the Prime Minister is found to have broken the law during the Met’s investigation. The Met announced today that [...]
