Fintech cash injection from Canadian pension fund reignites calls for UK schemes to ‘step up’ March 11, 2022 A cash injection from one of Canada’s biggest pension funds into a London fintech firm has reignited calls for UK pension funds to “step up” and back British tech today.
Rail workers stage umpteenth strike this weekend over pay and conditions March 11, 2022 Rail workers have announced the latest round of strikes for this weekend. Members of the National Union of Rail Maritime and Transport Workers (RMT) working as cleaners and train conductors on several operators on the West Coast mainline and across London and the south east voted in favour of industrial action over salaries and rosters. [...]
Onlyfans donates £1m in crypto to support Ukraine amid Russia invasion March 11, 2022 Adult video platform Onlyfans has donated millions of pounds in crypto to support Ukraine and plans to send an additional 500 ETH (£993,790).
Stansted’s February recovery exceeds November’s but remains behind pre-Covid levels March 11, 2022 Stansted’s owner MAG Airports has reported the airport’s recovery levels in February have surpassed those registered in November. The group said that after the UK Government removed all travel restrictions under the ‘Living with Covid’ plan, passenger numbers reached 1.15m, a 3190.9 per cent surge compared with the same period last year. Levels, though, remained [...]
War in Ukraine continues to dominate the economic narrative March 11, 2022 For the third week running there is only one subject that dominates the Friday update – the ongoing fallout of the Russian invasion of Ukraine.
Russia sent ‘400 mercenaries’ to kill Ukraine’s President Zelensky March 11, 2022 Vladimir Putin sent more than 400 Russian assassins to kill Ukraine’s democratically elected president Vlodymyr Zelensky – and break up his government. Kyiv was placed under a ‘hard’ curfew for 36-hours last week, after news of the mercenaries reached its government, and its army tried to clamp down on any possible infiltrators. A source close [...]
Letters: Making the most out of crypto March 11, 2022 [Re: Biden signs executive order on crypto amid surging US adoption, March 9] Is Biden beckoning the beginning of the end for “wild west” crypto markets? The executive order hints at more regulation of digital assets, which has implications for how institutions engage with the burgeoning asset class. For example, quant driven hedge funds running [...]
Ollie Phillips: I would have Ireland down as favourites March 11, 2022 When you look at the England and Ireland squads on paper ahead of tomorrow’s Six Nations match in London, I do think that the away side might nick it. It’s all about what is going on up front and I think that’s where Ireland have the edge. They’ll no doubt be targeting England’s line-out, which [...]
Slump in wholesale fuel costs gives drivers hope of pump relief March 11, 2022 A slump in the price of wholesale fuel could give drivers hope after weeks of skyrocketing prices following the Russian invasion of Ukraine. According to AA’s latest data, petrol wholesale costs have gone down from 75.8p to 67.7p, while diesel has fallen to 77.3p per litre from 89.8p at the beginning of the week. The [...]
London Metal Exchange extends nickel freeze after scrapping $3.9bn worth of trades March 11, 2022 The London Metals Exchange confirmed last night that nickel trading would remain suspended until next week after it took the drastic step to halt trading and scrap around $3.9bn worth of trades on Tuesday.