Ron Kalifa: UK’s fintech pole position could be jeopardised by skills gap November 15, 2021 Ron Kalifa, who delivered an independent review of UK fintech on behalf of the Treasury earlier this year, has said that the UK has a skills deficit when it comes to technology and data that needs to be addressed so that the country maintains its world-leading position in the sector. Speaking at an industry event, [...]
Aston Martin Valkyrie: first example of ‘era defining’ hypercar completed November 15, 2021 The first Aston Martin Valkyrie customer car is now ready for delivery. The 1,155hp hybrid is described as a ‘true F1 car for the road’.
Government backs £217m Turkish solar power plant to meet COP26 climate goals November 15, 2021 The government is supporting the largest solar power station in Turkey to the tune of £217m, which will initially be assembled in the UK. The public money will go towards Turkish conglomerate Kalyon Group’s 1.35GW Karapinar solar project, as the UK aims to deliver on climate pledges made at COP26. Ministerial department UK Export Finance [...]
US brand licensing company Authentic Brands buys iconic photo library for £20m November 15, 2021 A British photography archive of some of the most iconic music images has been sold to a brand licensing company Authentic Brands for around £20m.
McLaren rubbishes “wholly inaccurate” Audi takeover report November 15, 2021 Supercar maker McLaren has quashed reports of a takeover by German manufacturer Audi. Autocar reported this morning that Audi, whose parent group is Volkswagen, were set to take control of the Surrey-based operation, including its Formula One operation. But a spokesperson for McLaren told City A.M. this afternoon that the report is “wholly inaccurate.” “McLaren’s [...]
City warns Bank of England inflation will soar to double its target November 15, 2021 Inflation in the UK will scale to double the Bank of England’s target, raising fresh questions over the credibility of the Old Lady’s actions, City economists have warned. A toxic combination of soaring petrol, energy and food costs and restaurants hiking prices after the end of a VAT tax holiday will lift inflation to around [...]
Christmas light switch-on brings shoppers back to the high street November 15, 2021 The number of people on UK's high streets rose by 2.5 per cent last week compared to the previous week, with the Christmas buzz gradually bringing shoppers back.
World’s second largest publicly-trading zircon producer dual-lists on London Stock Exchange November 15, 2021 PYX Resources (PYX) has become a dual listed company to boost its development plans. The world’s second largest publicly traded zircon producer has now joined the London Stock Exchange’s (LSE) main market. Its primary listing will remain the National Stock Exchange of Australia (NSX). The company will enter LSE with a market capitalisation of £349.2m, [...]
TradingView sees UK memberships grow 442% during pandemic November 15, 2021 Investment website TradingView has today reported a 442% increase in UK memberships since the start of the pandemic.
Oliver Dowden denies Ofcom chair application process is rigged in favour of Paul Dacre November 15, 2021 Oliver Dowden, Conservative party co-chair and former culture secretary, has denied the appointment process for the new chairman of Ofcom is rigged, referring to the push for ex-Daily Mail editor Paul Dacre.
