Three companies that are on major hiring sprees right now August 16, 2021 If you’re currently on the lookout for a new and exciting job, we have some pretty good news for you. We’ve noticed a real spike in the amount of jobs popping up on our brilliant job board lately. Incredible companies in London (and beyond, if you feel like a new adventure) are on hiring sprees [...]
Psychedelic medicines start up raises £58m August 16, 2021 An Oxford based company which uses psychedelic medicines to treat neurological disorders has completed an oversubscribed £58m funding round. Beckley Psytech today announced that their Series B financing round had to be upsized from $50m (£36m) to $80m on account of investor demand. The funding will be used to complete an ongoing trial which uses [...]
Pingdemic: relaxation of self-isolation rules for double jabbed August 16, 2021 From today, fully vaccinated adults who are pinged by the NHS’s test and trace system will no longer need to self-isolate. In England and Northern Ireland, new rules come into effect for those under 18 or who have been double jabbed and are pinged by the app for being identified as close contact. If contacted [...]
The spy case in Berlin is a reminder that money will always be the greatest temptation and weapon – CityAM : CityAM August 16, 2021 Spying almost always makes headlines whenever it hoves into public view. There is something inherently fascinating about the idea of nations engaged in cloak and dagger operations against one another, trying to find a weak point they can exploit for their own advantage. All the more so when an intelligence service employs dramatic tactics like [...]
UK competition watchdog to investigate Central England Co-op funeral deal August 16, 2021 The Competition and Markets Authority (CMA) will investigate the deal by the Central England Co-op to snap up part of its rival in the funeral care business, the Midcounties Co-op. The UK competition regulator said today it is considering whether the merger deal “may be expected to result in a substantial lessening of competition” within [...]
Government to review energy firms that exaggerate their green credentials August 16, 2021 The government is set to launch a review into energy tariffs that falsely claim to be green amid concerns that some firms are exaggerating their environmental credentials. Energy minister Anne-Marie Trevelyan said 9m households are on energy tariffs that are branded as 100 per cent renewable or green, but industry figures have warned the claims may [...]
London revealed as best European city for runners August 16, 2021 London has been named the best city in Europe to run in after a study found its conditions to be the best for a metropolitan jog. Sportswear brand Puma measured the cities’ suitability using a number of factors, including air pollution, temperature, congestion, the number of running clubs, quality of water and elevation. The team [...]
FTSE: Ultra and Future soar but it’s not enough to lift London’s main index August 16, 2021 The FTSE 100 started off the week with a fall, as a rout on energy and mining shares could not be undone by a surge in the shares of Ultra Electronics and publishing house Future. The blue-chip FTSE 100 dropped 0.8 per cent, dragged down by miners Glencore, Anglo American and Rio Tinto and oil majors BP and Royal Dutch [...]
London’s newly-listed LendInvest scores £150m partnership with Barclays and HSBC August 16, 2021 Property finance asset manager LendInvest has announced a £150m lending collaboration with two of Britain’s biggest banks, just weeks after its £255m IPO on London’s AIM index. The new tie-up is geared towards financing UK property entrepreneurs and will see the British banks provide funding for short-term mortgages through LendInvest’s digital platform. It’s the first [...]
IPCC report: why the detail matters to energy investors August 16, 2021 The United Nation’s Intergovernmental Panel on Climate Change (IPCC) report will shock many people. The data speaks for itself and illustrates the most important challenge facing humanity over the next 100 years. We expect the IPCC report to shock government leaders and lead to actionable policies being implemented at the COP26 climate summit in November. These [...]