US law firm bucks the homeworking trend by signing lease for larger City of London offices March 3, 2022 US law firm Jenner & Block is set to buck the trend towards office downsizing by expanding the size of its City of London offices. The Chicago headquartered firm will take on new premises with 45 per cent more office space than it currently has at its offices in Tower 42. In a statement, [...]
Editorial: This Tube strike is self-defeating in the extreme March 3, 2022 When Ukrainian citizens are sheltering in underground stations, it can at best seem glib, or heartless, to complain about our own trivial woes. A tube strike is a trivial woe; some will work from home when the RMT go on strike today, some will walk a little further than usual, some may even try getting [...]
Galliford Try swings into red after snapping up water firm as it hails ‘good progress’ March 3, 2022 Construction firm Galliford Try has dropped into the red during the first half of the year, following its acquisition of a water firm. Shares in the Uxbridge-based company were down slightly in Thursday morning trading after it reported a pre-tax loss of £2.6m. This was compared to a £3.9m profit last year. However, revenue soared [...]
Russian miners ditched from FTSE 100 March 3, 2022 Polymetal and Evraz have been booted from the FTSE 100 after shares in both Russia-exposed miners suffered severe losses.
Cryptocurrency scams balloon as City watchdog warns of looming crackdown March 3, 2022 Cryptocurrency scams are on the rise in the UK as fraudsters exploit new technologies to dupe consumers into handing over their money, fresh figures reveal. The Financial Conduct Authority (FCA) warned today of a worsening epidemic of criminals exploiting consumers’ amid an explosion of interest in the crypto space last year. The number of consumers [...]
OneWeb suspends satellite launch following Russian invasion March 3, 2022 Broadband firm OneWeb has said it will be suspending its Baikonur satellites launches following the ongoing invasion of the Kremlin in Ukraine. The tax-payer backed company came under fire for supposed plans to go ahead with the launch of 36 satellites using Russian Soyuz rockets. A spokesperson from OneWeb said this morning: “The Board of [...]
Letters: Bitcoin and other irrational fears March 3, 2022 [Re: Half of Brits not sold on cryptocurrency, Feb 16] British scepticism towards digital assets is unlikely to come from a place of rationality, with consumers overly-influenced by relentless coverage of cryptocurrencies as investments. But this distracts from their original purpose as a safe, traceable, spendable tender. Therefore, attitudes towards crypto have been clouded by [...]
Analysis: Big Tech’s battle against disinformation March 3, 2022 As the horrifying war on the ground in Ukraine drags on, the disinformation campaign waged by the Kremlin is under attack from all sides. Nick Clegg, Meta’s head of global affairs, announced this week that Russia Today (RT) and Sputnik will have their access to Facebook and Instagram restricted in the European Union. The two [...]
Commodities boom drives up the price of EV batteries March 3, 2022 Total battery costs for electric vehicles have more than doubled since the start of the year, according to Rystad Energy.
London Stock Exchange blocks trading of Russian firms after sell-off frenzy March 3, 2022 The London Stock Exchange (LSE) has blocked trading of 27 Russia-linked firms today after their value plummeted as investors scrambled to sever ties with Russia and limit their exposure to Western sanctions.
