Bill Gates-backed Evolv goes public in $1.7bn Spac deal March 8, 2021 Crowd safety company Evolv Technology is merging with a special acquisition company (Spac) to go public in a deal that values the firm at $1.7bn. Evolv will merge with NewHold Investment Corp and the combined company expects to receive approximately $470m in gross proceeds. Following the closing of the transaction the company will be led [...]
Private equity group TPG in exclusive talks to buy McLaren’s iconic Woking HQ March 8, 2021 Private equity group TPG is in exclusive talks with supercar maker McLaren over the purchase of the firm’s iconic Woking headquarters. Sky News reported that the sale-and-leaseback deal for the property, which would allow the carmaker to continue using it, could be worth around £180m. The spectacular facility, which houses the firm’s collection of classic [...]
Institutions are driving cryptocurrency boom, says Goldman Sachs March 8, 2021 Demand from institutions is the driving force behind recent surges in cryptocurrency prices, according to Goldman Sachs analysts.
BT denies boardroom rift led to chairman’s resignation March 8, 2021 BT has hit back at reports that a boardroom row led to its chairman’s resignation, insisting there was “no misalignment” over the company’s strategy. Sky News last week reported that chief executive Philip Jansen threatened to resign unless Jan du Plessis stepped down as chairman. The veteran South African director announced his departure a week [...]
Premier League tester to launch Covid testing ‘pods’ at UK offices March 8, 2021 Covid-19 testing pods are set to be introduced this week at a number of IWG-run offices, which will be available to both the public and employees, the genetic tester said this morning. The company, which does the testing for The Premier League, will roll out 10 pods this week, with another 100 due to be [...]
Financial Services Bill: Time to act March 8, 2021 Crypto AM Parliamentary Special, with Lord Holmes of Richmond MBE who calls for action on the Financial Services Bill.
BoE boss says Covid recession will have fewer long-term effects than previous UK downturns March 8, 2021 The Covid crisis will not have as many long-term economic effects in the UK as previous recessions, according to Bank of England governor Andrew Bailey. Bailey today said his diagnosis of the UK’s economic recovery prospects was “positive, but with large doses of cautionary realism”. The Office for Budget Responsibility (OBR) last week said it [...]
Trevor Steven: Steven Gerrard has instilled his winning mentality to reinvigorate Rangers and Scottish football March 8, 2021 I saw it at close quarters when I played opposite Steven Gerrard in a Rangers v Liverpool legends match. The death stare, as Peter Crouch calls it. The fire in his eyes. It was a friendly match, but Gerrard was still clattering into Alex Rae. He is so driven, so hungry. And instilling some of [...]
International Women’s Day: London gives green light to traffic-light women March 8, 2021 Londoners out and about today may notice something different about the capital’s traffic light men — they’ve been transformed into women. New ‘green woman’ pedestrian signals have been installed at more than 20 locations across the city, including Exhibition Road in South Kensington and high streets such as Clapham and Tottenham. The redesign has been [...]
Marks & Spencer expands online presence to more than 100 markets with launch of 46 new websites March 8, 2021 Marks & Spencer (M&S) has launched 46 new flagship websites across the world, expanding its online reach to more than 100 countries. The launch, announced this morning, is part of M&S’s plan to “turbocharge” its online business, and almost doubles the number of international markets where it has a pureplay online presence. In it’s most [...]
