London residents’ council tax bill hits almost £5bn a year January 25, 2022 London homeowners and renters have had to pay almost £5bn in council tax bills a year, according to new research. According to one of the capital’s estate agents, Benham and Reeves, said Londoners had paid £1.2bn more per year compared to five years ago. The average resident in the city pays £1,374 in council tax [...]
BCB Group completes UK’s largest blockchain Series A funding round January 25, 2022 BCB Group, a European provider of business accounts and trading services for the digital asset economy, today closed a Series A funding round co-led by Foundation Capital.
Cake Box shares recovering after plummeting when blogger found accounts errors January 25, 2022 Sweet-treat maker Cake Box lost almost a fifth of its market value after errors in its annual report were spotted by a blogger. In a post over the weekend, blogger Maynard Paton identified mistakes in the company’s 2021 annual report. Its share price slipped 18 per cent, to 267p yesterday. However, on Tuesday morning its [...]
Clock is ticking: Govia Thameslink in rush to avoid nationalisation January 25, 2022 Govia Thameslink, one of the UK’s biggest train operators, is reportedly rushing to secure a contract with co-owner Go-Ahead, in an effort to avoid nationalisation. Nationalisation plans were proposed after Go-Ahead failed to file its financial results on Monday – the second time since the Southeastern rail scandal, when the group admitted serious errors and [...]
Indonesia bans firms from facilitating crypto trades January 25, 2022 Indonesia's financial regulator today warned that firms are not allowed to offer and facilitate sales of crypto assets.
Harry Potter director launches Kingston International Film Festival to champion indie movies January 25, 2022 Harry Potter director, Mike Newell, and The Gentlemen actor, Jason Wong, launched the Kingston International Film Festival (KIFF) yesterday, as they called for change in the British independent filming industry.
Burns Night is here again: Here’s what to drink and where to go January 25, 2022 Today is Burns Night, the annual celebration of Scotland’s national poet, and semi-official “St Patrick’s Day” for lovers of Scotch. Plan B restrictions may have derailed large-scale Burns Suppers and ceilidhs, but there’s no reason you can’t stay home, put on a Gay Gordons LP, whip up some haggis, neeps, and tatties, and toast the immortal memory of Robert Burns with [...]
‘The future is 4G and 5G’: Vodafone gears up for 3G switch off January 25, 2022 Vodafone today announced that it will begin retiring its 3G network in 2023 as part of a network modernisation programme to improve 4G and 5G experience for all customers.
Royal Mail set to cut 700 management jobs as it grapples with Omicron sting January 25, 2022 Royal Mail has warned against the lingering impact of Omicron this morning as it enters a formal consultation on reorganising to streamline processes, with an expected £40m annualised benefit for the firm.
UK financial watchdog to beef up consumer protections January 25, 2022 The Financial Conduct Authority (FCA) has said it will take "assertive action" against firms seeking to limit compensation for customers.