Crypto markets slip into the red as Ukraine crisis shows no signs of resolution March 7, 2022 The price of Bitcoin is currently down three per cent over the past 24 hours and changing hands for around $38,100.
UBS reveals $200m exposure to Russian assets March 7, 2022 Swiss banking group UBS has today revealed it has around $200m exposure to Russian assets and around $10m of outstanding loans to clients hit by western sanctions in response to Russia’ invasion of Ukraine.
Norton Rose Fulbright cuts ties with Russia over ‘brutal invasion’ of Ukraine March 7, 2022 Global law firm Norton Rose Fulbright has confirmed it is shutting down its operations in Russia.
Aston Martin presses EV accelerator with Britishvolt partnership March 7, 2022 Deluxe car maker Aston Martin has pressed the electric vehicle (EV) accelerator, announcing today a partnership with UK battery technology firm Britishvolt. The partnership is expected to help the car maker launch its first fully electric vehicle in 2025. A joint team from both companies will be tasked to design, develop and industrialise batteries, working [...]
Government introduces new telco laws to end ‘no bar blues’ March 7, 2022 The government have laid out new laws, which look to enhance its 5G roll out and remove signal blackholes across the country. The new laws will put tougher legal duties on operators to minimise the visual impact of network equipment, particularly in protected areas such as national parks and conservation areas. However, it will equally [...]
Explainer-in-brief: Clearing up London’s air and TfL budgets March 7, 2022 Last week, Mayor of London Sadiq Khan announced he would expand the Ultra Low Emission Zone (ULEZ) to include the entirety of Greater London. Drivers of old, polluting vehicles will have to pay £12.50 a day to enter the city. The first aim of this move is to turn London into a city with clean [...]
EE teams up with Nokia to boost network coverage on 200 UK streets March 7, 2022 EE has deployed 200 mobile radio cells across its UK network to boost capacity in high demand areas, allowing customers to benefit from download speeds up to 300Mbps. Small cells help provide better coverage for customers at street level, where it’s often impractical to build larger sites, and 300Mbps can be quantified as downloading a movie [...]
Watchdog gives Amigo Loans green light to resume lending following customer compensation backlash March 7, 2022 Shares in the sub-prime lender Amigo Loans soared as much as 81 per cent this Monday after a financial regulator said the firm could resume lending subject to conditions and if its new business rescue plan was approved by the High Court. Amigo’s stock took a beating last year after the High Court stated that it [...]
A growing list: TMF Group closes services to all Russian clients March 7, 2022 The TMF Group is to stop services to all Russian clients, it confirmed in a statement. The professional services group joins a growing list of businesses who have halted their operations in the country following its invasion of neighbouring Ukraine. The Amsterdam-headquartered firm said that as people and banks are added to sanction lists, from [...]
International aid: UK pumps an extra $100m into Ukrainian economy March 7, 2022 The UK has injected another $100m (£75.7m) in Ukraine’s economy, to help keep the country’s finances stable as it fends off Russia’s unprovoked invasion. It takes the figure of UK backing to a little over £295m, and is likely to be used to support public sector salaries, critical state functions, as well as to protect [...]
