eToro crypto income jumps 2,245 per cent in a year August 26, 2021 The social investment platform, eToro, earned $264m from crypto trading commissions in Q2 2021, up from $11.26m the previous year. Commissions from crypto trading accounted for 73 per cent of a total $362m which the platform earned through trading fees. In the second quarter of 2020 crypto asset trades accounted for just 7 per cent. [...]
Retail footfall dips for first time since June as Brits shun high streets and shop online August 26, 2021 Retail footfall dipped for the first time in two months last week driven by Brits shunning high streets and continuing to shop online despite the lifting of Covid restrictions, according to new data released today. Figures published by the Office for National Statistics, and supplied by Springboard, show the volume of total retail footfall slid [...]
Number of deaths and serious injuries from drink driving accidents at eight-year high August 26, 2021 New data this morning showed that the number of people killed or seriously injured (KSI) in drink-driving crashes rose to an eight-year high in 2019. Figures from the Department for Transport (DfT) showed that there were 2,050 people involved in KSI accidents where at least one of the drivers was above the alcohol limit. That [...]
Deliveroo supports Notting Hill Carnival with limited edition patties August 26, 2021 Deliveroo is launching a range of limited edition patties to support the return of the cancelled Notting Hill Carnival in 2022. The delivery giant is teaming up with four of the festival’s ambassadors to roll out patties which are inspired by the Carnival’s history. The themed treats will be available to customers in London and [...]
Square Mile workers split on vaccine proof being mandatory for return to City offices August 26, 2021 Professionals working in the City of London are split on whether their employers should ask them to show proof of coronavirus vaccination to return to the office, according to a survey. Around 43 per cent of City staff think companies should require employees to provide proof that they have been vaccinated should be required to [...]
Research platform Atheneum looks to expand London team after £110m fundraiser August 26, 2021 Research platform Atheneum has set its sights on expanding its London team, as well as its Munich, Shanghai and New York offices, following a £110m funding round. The platform’s latest capital rally, led by Guidepost Growth Equity, will see Atheneum’s UK headcount swell from 50 to 200 over the next 12 months. “We are excited [...]
Air Canada latest carrier to make vaccination mandatory for employees August 26, 2021 Air Canada has this morning announced that all employees and new hires will have to be vaccinated against Covid-19, the latest carrier to announce such a step. From 30 October employees will have to report their vaccination status, while being fully inoculated will become a condition of employment on the same date. Failure to get [...]
John Edwards: The ‘Facebook-hating’ Kiwi poised to shake up UK data laws August 26, 2021 The government today confirmed plans to appoint John Edwards, currently New Zealand’s privacy commissioner, as the next head of the UK’s data watchdog. The appointment is part of a planned overhaul of the UK’s data laws that will herald a new era of post-Brexit policy as ministers look to use online information to fuel economic [...]
City Pages Review: Twitter fame, the meaning of life and abortion rights August 26, 2021 Since the curtains came down on 2019, many of us have spent more time inside our homes than we had ever imagined. The pandemic has thrown up political and social change rarely seen in peacetime, but living through and talking about Covid has consumed incredible amounts of oxygen, often to the exclusion of other worthy [...]
M&S shares jump to 18 month high following revised price targets August 26, 2021 Marks & Spencer (M&S) shares are at their highest level in almost eighteen months after the company revised its profit targets upwards. In a statement released last week M&S said that they were expecting annual adjusted profit before tax to exceed the upper end of previous guidance predicting £300-350m. Share prices rallied in response to [...]
