PM pulls out of tech chief meet-up following Sue Gray party report February 1, 2022 The Prime Minister pulled out of a well-publicised meeting with tech chiefs yesterday as he focussed on responding to the report into lockdown parties at Downing Street.
Sony snaps up Halo maker Bungie for £2.7bn following wave of video game deals January 31, 2022 Sony has snapped up "Halo" creator Bungie in a deal valued at $3.6bn (£2.7bn), adding to the latest in a wave of consolidation sweeping the gaming sector.
Former Which? boss set to head up City watchdog as interim chair January 31, 2022 Former Which? chief is set to lead the City watchdog, as Britain's key economic regulators continue to be led by temporary leaders.
Editorial: The activists are a welcome sign of faith in the City’s future January 31, 2022 The City is not always portrayed well in the wider media, but a certain kind of Square Mile institution was rather effectively deployed at the beginning of Monty Python’s The Meaning of Life. The Crimson Permanent Assurance, a “once proud family firm fallen on hard times,” fights back against its new ownership by the Very [...]
Leading Vodafone shareholder backs activist Cevian’s campaign January 31, 2022 One of Vodafone Group's biggest shareholders has hailed an activist campaign aimed at improving the telecom firm's performance as "very sensible".
DARPA exec Highnam set to lead Cummings’ £800m research agency ARIA January 31, 2022 Peter Highnam is set to become the new chief executive of the Advanced Research and Invention Agency, the UK’s new pioneering research body and the brainchild of Dominic Cummings. Dr Highnam is currently working as the deputy director of the US Defense Advanced Research Projects Agency (DARPA), and an official announcement is expected this week [...]
Builders warn of ‘wasted opportunity’ with government brownfield funding January 31, 2022 Builders have warned that government plans to fund brownfield projects run the risk of being “more grandstanding and another wasted opportunity”. Under the government’s Levelling Up agenda, derelict sites in towns and city centres are to be used for new homes. Some 20 areas, including Wolverhampton and Sheffield, will be prioritised within a new £1.5bn [...]
Government fights off calls for new CO2 supply deal despite industry pressure January 31, 2022 Emergency supply deals arranged last year between Downing Street and the UK’s key CO2 producer came to an end yesterday, despite industry calls for a new arrangement.
Lucozade targets tired office workers as new Alert energy drink hits the shelves January 31, 2022 Lucozade is focusing on products that will perk up tired workers, the beverage maker’s COO for Great Britain and Ireland told CityA.M. While the brand’s flagship Lucozade products have long been staples for sport fans and gym goers, a new product Lucozade alert is targeting those in need of a mental boost. During the pandemic, [...]
Truss: All major Russian businesses at risk of heavy UK sanctions if Putin invades Ukraine January 31, 2022 The UK will not hesitate to freeze the assets of any major Russian business or any oligarch linked to the Kremlin if Vladimir Putin invades Ukraine, Liz Truss today announced. The foreign secretary said any Russian business that has “economic or strategic significance” to Russia could be shut out of operating in Britain and that [...]
