Ether breaks $2,000, Bitcoin breaks a trillion market cap, and Elon Musk is still loving crypto February 22, 2021 A round-up of today's crypto world as Ether breaks $2,000, Bitcoin breaks a trillion market cap, and Elon Musk is still loving crypto.
HR tech startup Orka raises £29m to scale earned wage access product February 22, 2021 HR startup Orka Technology Group has raised £29m in fresh funding to support its earned wage product and drive its UK expansion. The Manchester-based startup is designed specifically for hourly workers with its labour-as-a-service platform allowing people to find temporary employment. Last year the startup announced Orka Pay, which allows hourly paid workers to withdraw [...]
New campaign urges London’s drivers: switch off engines when parked to save lives February 22, 2021 A new London-wide advertising campaign has launched today [22 February] encouraging drivers to turn off their engines when parked to cut air pollution. Led by the City of London Corporation and Camden Council, and funded by the Mayor of London, the ‘Engine Off, Every Stop’ campaign features posters and billboards on roadside sites and petrol stations [...]
Vaccine success study means jabs should be the only ‘test’ for UK unlocking February 22, 2021 Ah, Bonnie Scotland. You’re almost forgiven for the Six Nations. A new study of the entire Scottish population released this morning presents the best news of the year so far. Long story short, the risk of hospitalisation as a result of Covid-19, four weeks after a vaccine dose, falls by either 85 per cent (Pfizer) [...]
GardaWorld refuses to raise G4S offer ahead of auction showdown February 22, 2021 Canadian firm GardaWorld will not raise its final offer to acquire G4S, leaving the field clear for Allied Universal to triumph in the bidding war. Ahead of a five-day Takeover Panel auction this week, GardaWorld has announced that it will not boost its proposal of 235p per share. Stephan Crétier, founder, chairman, president, and CEO [...]
Air Partner takes home £11.5m from Covid-related services despite travel restrictions February 22, 2021 While most flights were grounded, aviation group Air Partner has enjoyed a profitable year, taking home £11.5m due to its ferrying of PPE throughout the pandemic. The strong profits followed the group’s buy-up of CHS Engineering (CHS) at the end of 2020, which brough new consultancy services and baggage system testing ahead of new rules [...]
Pubs, restaurants and salons beg for more financial help if reopening delayed by months February 22, 2021 Retail, leisure and hospitality businesses have warned the government that current coronavirus financial aid will not be enough to support the industries if they are to remain closed for several more months. The demands were published after it was reported over the weekend that pubs, restaurants, hairdressers and beauticians and non-essential retailers could be waiting [...]
British Airways boosted by £2.4bn loan and pensions deal as travel restrictions keep flights grounded February 22, 2021 British Airways boosted by £2.4bn liquidity raise as travel restrictions keep flights grounded
Transferwise rebrands to Wise ahead of London listing February 22, 2021 A decade after its launch Transferwise has rebranded to Wise ahead of its long-awaited IPO. The fintech, which was most recently valued by private investors at $5bn, has come a long way since its launch in 2011 when it initially offered money transfers. It says the new moniker reflects its growth. “Today our name catches [...]
FTSE 100 tumbles as inflation concerns mount February 22, 2021 London’s FTSE 100 tumbled 0.68 per cent today by midday, as higher commodity prices sparked fears of a spike in inflation. The fall was led by declines in consumer staples and industrials stocks, as investors awaited Boris Johnson’s plan for a phased easing of business restrictions. The prime minister will plot a path out of [...]
