Patel to delay Mike Lynch extradition as she pauses US fraud charges September 29, 2021 The Home Office has delayed the extradition of British businessman Mike Lynch, which means he will temporarily avoid a string of fraud charges in the US. Lynch, who founded software firm Autonomy, is reportedly allowed a two month reprieve on his charges of 17 counts of fraud from US prosecutors relating to Automony’s billion-pound sale. [...]
Three brilliant jobs to apply for this week September 29, 2021 This time of year is full of changes. The weather is cooling down, the nights are longer – there’s just something in the air. Interestingly, we find that this is also a very popular time of year in terms of people changing jobs, and likewise companies looking for new talent. Which is what brings us [...]
Cryptocurrency markets struggle again as debt ceiling deal fails September 29, 2021 The prices of Bitcoin and other major cryptocurrencies are largely flat over the last 24 hours, though still down slightly from before Friday’s news about China.
City of London elects Vincent Keaveny as next Lord Mayor September 29, 2021 The City of London’s next Lord Mayor, who acts as a global spokesperson for the business hub, has finally been named. Vincent Keaveny has been elected today as the 693rd Lord Mayor of the City, who will step into the role on November 12. During his upcoming one-year term, Keaveny is set to lead business [...]
Forward Partners’ portfolio value swells in maiden results September 29, 2021 Early stage venture capital firm Forward Partners today reported a jump in its portfolio value in the first half of the year, in the first results since its listing on London’s Aim market in July. Ventures portfolio value increased by £22m to £108m in the six months to 30 June, including £3.5m new investments during [...]
SSE Renewables jumps into Japanese offshore wind with $208m stake September 29, 2021 SSE Renewables has jumped into Japan’s offshore wind farm market with a $208m joint venture with local renewables company Pacifico Energy. The alliance will see the energy firm’s develop offshore wind energy projects in Japan, as the country seeks to become net-zero by 2050. SSE shares dipped 0.5 per cent to 1,586.5p in its afternoon trading. [...]
HGV applicants waiting three months for licence test September 29, 2021 Applicants for HGV licences are waiting three months to do a lorry driving test at nearly two thirds of testing centres in the UK. 62 per cent of HGV test centres currently have a waiting list of at least 11 weeks, indicating the severe shortage of lorry drivers causing the UK economy to grind to [...]
Summit Live: Crypto is the ‘rock and roll’ of this generation September 29, 2021 Digital assets are here to stay according to expert panelists at City A.M.’s summit who dubbed crypto the ‘rock and roll’ of this generation. At a panel discussion chaired by tech journalist Monty Munford speakers were emphatic that young people will be at the forefront of crypto adoption going forwards. A staggering 20 per cent [...]
HGV applicants waiting three months for license test – CityAM : CityAM September 29, 2021 Applicants for HGV licenses are waiting three months to do a lorry driving test at nearly two thirds of testing centres in the UK. 62 per cent of HGV test centres currently have a waiting list of at least 11 weeks, indicating the severe shortage of lorry drivers causing the UK economy to grind to [...]
Pound plunges to January depths September 29, 2021 Pound sterling plummeted to its lowest level against the dollar since January today driven by traders gearing their portfolios toward safer assets. The pound lost ground on the greenback, dipping 0.06 per cent to buy $1.3527. The pound tends to move in line with global equity markets. Stocks suffered heavy hits yesterday, driven by investors [...]
