Bitcoin takes a backseat as alt season buckles up, while Cardano turns to Africa April 21, 2021 Bitcoin treads water while alt season looks to be taking over the driving seat of crypto.
Quilter’s revamped investment platform helps deliver jump in total assets April 21, 2021 Stimulus measures and the vaccine rollout helped push Quilter’s total assets 26 per cent higher in the first three months of the year. The FTSE-listed wealth manager and England rugby sponsor said assets under management and administration (AUMA) totalled £119.9bn in the three months to March, compared to £95.3bn a year earlier. It was partly [...]
Navalny allies arrested as Russia braces for nationwide protests April 21, 2021 Two of Alexei Navalny’s closest allies were arrested on Wednesday at the start of a planned day of mass protests in support of the jailed Kremlin critic. Lyubov Sobol, one of the faces of Navalny’s popular YouTube channel, and Kira Yarmysh, his spokeswoman, were both detained in Moscow, according to their lawyers. Navalny, Russia’s leading [...]
City Moves: Who is switching jobs in the Square Mile this week? April 21, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. In this week’s City Moves, we have a host of newly created roles making their way across the Square Mile. From chief data officers to directors of environment social and governance – the [...]
UK to force tech firms to disclose device security plans amid cyber fears April 21, 2021 Tech firms could be forced to tell customers how long their products will be guaranteed to receive security updates under draft new laws outlined today. Manufacturers including Apple, Samsung and Google would have to make upfront disclosures for smart devices such as phones, speakers, fridges and doorbells. The plans form part of efforts to beef [...]
Perfect Porsche? This British-built 911 restomod comes close April 21, 2021 The Porsche 911 by Theon Design is a homegrown take on the restomod recipe, with a tuned flat-six, lightweight components and modern manners.
Supreme Court decision in the FCA Test Case on BI insurance – what does this mean for SMEs? April 21, 2021 The Supreme Court decision in the FCA Test Case on BI insurance has been widely publicised as a resounding success for businesses. Recently published data collated by the FCA, however, shows that as of 13 April 2021 only 39% of the 35,438 policyholders whose Covid-19 Business Interruption (BI) insurance claims have now been accepted by [...]
Pure Gym suffers £200m loss due to Covid closures April 21, 2021 Pure Gym suffered losses of almost £200m last year after the budget fitness chain was forced to close all of its sites for several months during coronavirus lockdowns. The gym company reported a loss of £198.4m in 2020, compared to a loss of £39.6m in the previous year. Revenue dropped 39 per cent from £447m [...]
Hand it over: David Cameron ordered to show lobbying text messages April 21, 2021 Former prime minister David Cameron has been given two weeks to pass on the details of his text messages in which he attempted to lobby the chancellor on behalf of failed finance firm Greensill. In a letter to Cameron, the chairman of the Treasury select committee urged the former prime minister to release details of [...]
Kier Group plans to raise up to £240m to ease debt pile April 21, 2021 Kier Group has said it plans to raise up to £240m by offering new shares as it looks to ease its debt burden. The construction firm said the proposed raise, which it plans to launch in the coming weeks, will help to bolster the group’s balance sheet by reducing net debt. The construction firm has [...]
