Metropolitan Police Federation turns against London Mayor saying it has ‘no faith’ in him following Cressida Dick’s resignation February 14, 2022 The Metropolitan Police Federation, which represents more than 31,000 officers in London, has said it has “no faith” in London Mayor Sadiq Khan following the resignation of Dame Cressida Dick last week. Ken Marsh, chairman of the federation, said: “We have let the Mayor’s office know in no uncertain terms how our brave and diligent [...]
Tencent-backed energy researcher snags £33m in race for fusion power February 14, 2022 Fusion energy research company First Light Fusion has rounded off its Series C with £33.2m, after Chinese technology giant Tencent waded into the fundraiser. Braavos Capital joined Tencent as a new investor, as fusion energy pulls in capital-heavy firms with the lure of a limitless, and carbon free source of energy. Existing investors include IP [...]
Game developer Tripledot raises $116m to become UK’s latest ‘unicorn’ February 14, 2022 Gaming startup Tripledot Studios has secured a fresh $116m round of funding to make it the UK’s latest ‘unicorn’, with a valuation of $1.4bn.
Squire Patton Boggs ups pay for freshly trained lawyers to £95k a year February 14, 2022 Ohio headquartered law firm Squire Patton Boggs has given newly qualified lawyers in its London offices a £10,000 pay rise after upping their salaries to £95,000. A spokesperson for the firm told City A.M. that Squire Patton Boggs has also given NQ lawyers in its Manchester, Leeds, and Birmingham offices a £5,000 pay rise, which [...]
Hundreds of civil servant roles moved to Manchester as government pushes ‘levelling up’ mission February 14, 2022 The government announced this afternoon it will be opening a culture hub in Manchester, adding up to 400 jobs as part of its "levelling up" programme.
Telecom chiefs call on EU lawmakers to make Big Tech ‘share the burden’ of investment February 14, 2022 Chiefs at Deutsche Telekom, Orange, Telefónica and Vodafone have called on European lawmakers to push Big Tech to contribute to expanding internet infrastructure.
‘Culture change’ on London building fire safety needed as Mayor launches guidance for developers February 14, 2022 The Mayor of London has launched a public consultation on draft guidance for fire safety standards for new developments. Sadiq Khan has echoed campaigners’ criticisms of existing national building regulations, dubbing them as unfit for purpose. He said the pace of reforms has not been quick enough. The draft Fire Safety London Plan guidance sets [...]
Golden opportunity: Safe haven asset soars following deepening market turmoil February 14, 2022 Gold has maintained last week's rally, following the escalation of geopolitical tensions between Russia and the West over the future of Ukraine.
Crypto markets unmoved by Super Bowl interest February 14, 2022 The Bitcoin price starts the week above $42k, around the same as this time yesterday and also this time last week.
Coinbase sees outage after Super Bowl ad prompts ‘unprecedented’ traffic February 14, 2022 Coinbase was forced to "throttle" traffic to its website after generating more interest than expected with its unusual Super Bowl ad.
