Telecom Plus: Shares soar despite decline in profits in crisis-hit industry November 23, 2021 Shares in Telecom Plus have rocketed 11.57 per cent despite falling profits amid expectations of a 10 per cent growth in customers.
Bets against pound mount after Bank of England rate inertia November 23, 2021 Traders are strengthening their stance against the pound after the Bank of England scuppered City bets on a first rate hike in three years this month. Short bets – in which traders borrow assets and sell them expecting to make a profit in the future after their price falls – have mounted to around £2bn, [...]
Lush is deactivating social media until platforms “take action” to make it safer November 23, 2021 The cosmetics company said that from Friday, its Instagram, Facebook, TikTok and Snapchat pages will be shut down until platforms "take action to provide a safer environment".
Aviation recovery on its way, BA’s owner assures November 23, 2021 Luis Gallego, chief executive of British Airways’ (BA) owner IAG, is convinced aviation recovery will get back to pre-pandemic levels by 2023, as a result of the easing of air travel restrictions and the opening of transatlantic travel. Speaking yesterday at the Airlines UK conference in Westminster, Gallego revealed that “transatlantic bookings have reached almost [...]
Blockchain and DeFi: Drivers of change in asset management November 23, 2021 “The future of assets is tokenized.” That’s what Mona El Isa, the founder and CEO of Avantgarde Finance, told the audience at the Alpha Summit by CFA Institute in May this year. “If you make that assumption, you can totally re-imagine the infrastructure that finance is built on,” she continued. “You can see a totally automated operational and [...]
Speedy grocer Getir acquires Weezy to solidify UK presence November 23, 2021 Speedy grocery app Getir is to acquire rival Weezy, in a move it says “solidifies Getir’s long-term commitment to the UK market”.
Mishcon de Reya faces £2.9m lawsuit over ‘tainted’ money family November 23, 2021 City law firm Mishcon de Reya is being sued for £2.9m over allegedly accepting “tainted” money from a former client as payment for legal fees, according to reports. The lawsuit, brought by the Tonstate Group, a property investment company, is the latest development in a family dispute involving property executive Edward Wojakovski, according to the Financial [...]
Cementing its position: Severfield revels in record order book with plans for Everton F.C’s new stadium November 23, 2021 Severfield has enjoyed a record order book of across Europe with plans to construct bridges, industrial centres and a football stadium.
Bitcoin echoes gold as US economy strengthens November 23, 2021 The Bitcoin price again dipped below $56,000 yesterday, as its pullback from recent all-time highs continues.
Greater steps are needed to ensure crypto newcomers are aware of investment risks November 23, 2021 Newcomers to crypto are easy prey for resources who don’t prioritise their safety, says Michael Chauliac, president of StableHouse.
