Binance Labs pours $8m into Tea March 24, 2022 Tea, a new blockchain company building an open source software platform, has revealed a sizeable seed funding round led by Binance Labs.
Boris Johnson calls for wind and nuclear ramp up ahead of energy strategy announcement March 24, 2022 Prime Minister Boris Johnson has revealed the UK's new energy strategy will expand domestic nuclear and offshore wind capacity.
Share price jump: Eurowag revenue jumps more than third but profits trail behind March 24, 2022 Pan-European payments platform Eurowag has enjoyed a revenue bump of more than a third in the past year, though pre-tax profits trail behind. The transport-focussed platform, which raised €200m (£171m) in its initial public offering (IPO) in London last year, snagged €1.6bn (£1.3bn) in revenue in the 12 months to 31 December. The climbing [...]
Cardano and Solana take the reins as crypto charges on March 24, 2022 The Bitcoin price is up slightly this morning, hovering at just above $43k – up two per cent over the past 24 hours and five per cent since this time last week.
Letters: Back into the fray March 24, 2022 [Re: Sanctioned Russian bank to vote in City of London Corporation election tomorrow, yesterday] Your article ‘Sanctioned Russian bank to vote in City of London Corporation election tomorrow’ is factually wrong and irresponsible journalism. It is individual workers rather than companies or organisations who are entitled to vote in the City of London elections. Any [...]
Lawyers counter P&O’s claims that it cannot be prosecuted March 24, 2022 Legal experts are disputing P&O’s claims that it is not subject to English law after company boss Peter Hebblethwaite said British courts have no power to prosecute the firm. The ferry operator claimed it had not broken UK laws, because its vessels are registered in Cyprus and Bermuda. The claims come after Prime Minister Boris [...]
Sunak’s decision to hike national insurance while cutting income tax is ‘indefensible’ March 24, 2022 Top economic forecasters today slammed Chancellor Rishi Sunak’s decision to push ahead with the national insurance tax hike while cutting the basic rate of income tax as “indefensible”. All of the windfall households will receive from lower income tax bills will be offset by fiscal drag and a 1.25 percentage point national insurance uplift and [...]
London boots out European rivals to claim Continent’s top finance hub crown March 24, 2022 London has muscled out its rivals on the Continent to take the top spot as Europe’s best finance hub, reveals a closely watched survey shared exclusively with City A.M. today. The City beat the likes of Paris, Frankfurt and Amsterdam to Europe’s crown, according to Z/Yen Group’s thirty first global financial centres index (GFCI). Pesimisits [...]
Britain’s birth rates put our economy at risk and men need to see the real problem March 24, 2022 This year, the ONS announced that for the first time, half of UK women were childless by their 30th birthday. As women leave it later and later to have children, the Great Baby Bust spells trouble for the UK. An ageing society brings serious problems, from falling standards of living to a slower rate of [...]
Potatoes are off the table with higher gas bills March 24, 2022 Yesterday, after the Chancellor unveiled his spending review, food banks pushed back as grim figures from the Office for Budget Responsibility warned of the biggest fall in household’s disposable incomes since records began. Richard Walker, the Managing Director of Iceland, gave a stark warning. He told the BBC that some food bank users were declining [...]
