London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Tesla revenue exceeds analyst forecasts by more than $1bn January 26, 2022 Tesla enjoyed an upbeat fourth quarter, as its revenue exceeded analyst estimates by more than $1bn. The car manufacturer, which specialises in electric vehicles (EVs), secured $17.7bn in revenue, with analysts expecting a figure closer to $16.6bn. Tesla, the brainchild of billionaire entrepreneur Elon Musk, also reported adjusted earnings per share of $2.54, up from [...]
Prince Andrew demands trial by jury in sexual assault case January 26, 2022 Prince Andrew has demanded a trial by jury in the Virginia Giuffre sexual assault case, according to his lawyers today. Giuffre is suing the Duke of York in a civil case in New York, in which she claims she was forced to have sex with him on three occasions when she was 17 years old. [...]
US Federal Reserve tells markets to buckle up for end of stimulus January 26, 2022 The US Federal Reserve yesterday told investors to strap in for a rapid unwinding of the wave of cheap cash that has flooded global financial markets. The most influential central bank sent the strongest signal yet that the era of ultra-loose monetary policy is coming to end. The Fed’s committee of rate setters said they [...]
UK can be home of crypto and fintech, says Matt Hancock January 26, 2022 The UK can be the home of cryptocurrency, according to Matt Hancock, as watchdogs scramble to regulate the emerging digital asset. Speaking in the Commons earlier today, the minister hailed the UK’s blossoming fintech industry, urging that it can be a sector in which the UK is a world leader. “These innovations have the potential [...]
London markets fly out of the blocks as travel stocks surge January 26, 2022 London markets flew higher yesterday driven higher by travel and leisure soaring on booking volumes climbing. The capital’s premier FTSE 100 index closed 1.33 per cent higher at 7,469.78 points, while the domestically-focused FTSE 250 index, which is more aligned to the health of the UK economy, climbed 1.05 per cent to finish at 21,873.08 [...]
Boeing posts $4bn loss as Dreamliner delays weigh on aircraft maker January 26, 2022 Boeing has posted an eyewatering $4.2bn loss in its latest quarter, as delays of its 787-carrier weight on the aircraft maker. The company took a $3.5bn charge in the final three months of last year because of problems in addressing flaws in its 787 Dreamliner jet to meet the Federal Aviation Administration’s satisfaction.The Dreamliner costs [...]
THG rally provides some relief for Moulding January 26, 2022 Shares in beleaguered e-commerce firm THG rallied today following a difficult two weeks which has seen the firm’s share price plummet to over 85 per cent below their initial flotation price.
Crude oil moves closer to $100 milestone as tensions mount between the US and Russia January 26, 2022 Oil prices touched $90 a barrel for the first time in seven years amid tightening supplies and rising tensions between Ukraine and Russia
Average nightclub business in £230k worth of debt as sector calls for support January 26, 2022 The average nightclub business is burdened by debt topping £230k thanks to the pandemic, with sector bosses calling for more support. Clubs are no longer required to ask revellers to show their NHS Covid Pass on entry, however the sector has said a full Covid recovery was far away. The Night Time Industries Association (NTIA) [...]
Boris Johnson bats away calls to resign as Westminster waits for Sue Gray report January 26, 2022 Boris Johnson rebuffed calls to resign today over the Downing Street parties saga, with the Prime Minister stonewalling a barrage of questions about the Sue Gray report in the House of Commons. Johnson admitted during Prime Minister’s Questions (PMQs) that he would have to resign if he is proven to have misled parliament over the [...]
