From Doge to riches: Investors swap crypto for property November 25, 2021 UK investors have been trading in gains made on their bitcoin and dogecoin investments for property a new survey has revealed.
Fraud allegations emerge at Deutsche Bahn railway project November 25, 2021 Allegations of fraud dating back to 2016 have now emerged and involve German railway giant Deutsche Bahn, which from 2010 owns UK-based bus company Arriva. A couple of employees alleged at the time that senior staff misused corporate funds and participated in a fraud scheme while working on a new underground railway station in Stuttgart, [...]
Plastic surgery ads aimed at children will be banned from next year November 25, 2021 Cosmetic surgery clinics will be banned from from targeting under-18s with plastic surgery ads following a crackdown by advertising watchdog in the UK.
French politician suggests people-smuggling bosses live in London November 25, 2021 At least 27 people died yesterday after a dinghy capsized while trying to cross the Channel to the UK, according to reports, while two people were rescued. A pregnant woman was among those who died in the tragic incident, according to rescuers. Around five people-smugglers have since been arrested. “In France what do we do? [...]
Orange chief exec resigns following £336m fraud sentence November 25, 2021 Stephane Richard, chief executive of France's biggest telecoms company Orange, was handed a one year suspended prison sentence on Wednesday after he was convicted of complicity of misuse of public funds by a Paris appeals court, according to Reuters.
Channel 4’s funding model vs the BBC licence fee November 25, 2021 Channel 4 receives no public funding despite being a publicly-owned not-for-profit corporation, with no shareholders. It is funded entirely by its own commercial activities, and most of its income comes from advertising revenue. Ch4 doesn’t make any programmes in-house and instead commissions them from UK production companies. Any profits go back into programme-making, which allows [...]
Soaring inflation in construction could spell disaster for housing in England November 25, 2021 The construction industry has been hit badly by inflation. Material prices are up: in terms of year on year increase, structural steel is at 65 per cent, reinforcement steel is at 62 per cent and plywood is at 56 per cent. Familiar supply chain problems are causing delays, and the cost of both energy and [...]
UK overhauls development investment body to challenge influence of Chinese loans November 25, 2021 Foreign secretary Liz Truss has revamped the UK’s development investment arm in a bid to offer emerging economies an alternative source of private capital to Chinese loans that can counter Beijing’s influence and avoid “bad and unsustainable debt.” Truss launched British International Investment (BII) this morning at the London Stock Exchange, a body that will [...]
Seraphim injects $12.5m into Tokyo’s space debris pioneer Astroscale November 25, 2021 London-listed Seraphim Space Investment Trust has injected $12.5m into Tokyo-headquartered Astroscale, as the blossoming space sector takes hold internationally. The Japanese space-tech firm also recently snagged $109m in a series F funding round. With billionaire entrepreneurs pinning their next ventures on what lies beyond Earth – the market has become more financially accessible to smaller, [...]
All Bar One and Harvester owner struggles to shake Covid losses November 25, 2021 The owner of All Bar One, Harvester and Toby Carvery - Mitchells & Butler - has today announced lacklustre financials for the year.
