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By: Martin Slaney

All 244941 Articles
  • The City takes fresh Brexit hit as carbon futures trading heads for Amsterdam

    February 9, 2021

    Trading of European carbon futures will move to Amsterdam from London in the coming months, Intercontinental Exchange (ICE) announced last night. The move is another setback for The City and the latest sign of activity leaving London for the bloc following Brexit. The City has been largely cut off from the EU since 1 January, [...]

  • In-demand G4S hails ‘strong’ last quarter as takeover deadlines loom

    February 9, 2021

    Security firm G4S this morning hailed a “strong” fourth quarter as the bidding war for the outsourcer approached its conclusion. The FTSE 250 firm said that it had achieved an “exceptional commercial performance” in the final period, with new and retained contracts worth £5.5bn. In a trading update, G4S said its cash flow benefited from Covid-19 payroll [...]

  • Elon’s Tesla play sends Bitcoin ballistic like one of his SpaceX Falcon 9 Rockets!

    February 9, 2021

    Crypto at a Glance  Well, the inevitable indeed happened. After week’s of batted eyelashes, flirty texts, and pumping Doge, Elon Musk finally put up and put out. Musk has boarded the big bus to bitcoin city, population 21 million AND NEVER ANY MORE THAN THAT. via GIPHY That’s right, Elon Musk’s car firm Tesla yesterday [...]

  • Ocado sales jump in pandemic but investment in international business slows earnings growth

    February 9, 2021

    Online supermarket Ocado reported a jump in revenue due to a surge in demand for home food delivery services in the pandemic, but said investment in its international technology business offset growth.  Group revenue increased 32.7 per cent to £2.33bn, up from £1.76bn last year, driven by 35.3 per cent growth in its retail revenue [...]

  • Reddit’s valuation doubles to $6bn after fresh funding round

    February 9, 2021

    Reddit’s valuation has doubled to $6bn (£4.4bn) following a fresh funding round hot on the heels of a retail trading frenzy fuelled by the social media platform’s users. The company said it had raised more than $250m from new and existing investors in a series E funding round. The cash injection doubled Reddit’s valuation, which [...]

  • Pension provider James Hay to buy Nucleus for £145m

    February 9, 2021

    James Hay will buy investment platform business Nucleus for £144.62m, merging to form a financial planning and retirement adviser platform with AUA of £45bn. Following the acquisition James Hay intends to merge the firms’ operations, to create what it hopes will be a leading financial planning and retirement-focused platform for the financial adviser market. Nucleus’s [...]

  • Vauxhall Mokka-e review: sharp-looking electric crossover goes green

    February 9, 2021

    The Vauxhall Mokka crossover has been transformed. Already popular with Brits, the electric Mokka-e is good to drive and ready for 2030.

  • Betting and esports look set to collide

    February 9, 2021

    A review of UK gambling laws launched by the Department for Digital, Culture, Media and Sport (DCMS) could have a major impact on the esports industry.  The review will cover marketing and advertising of gambling in sport, and could lead to a ban on gambling companies sponsoring sports teams and events, including sponsorship on uniforms, [...]

  • A message from the City of London Police: Top tips on National Internet Safety Day

    February 9, 2021

    Today [9 February] is National Internet Safety Day.  Marking this date feels more important than ever this year due to the impact the COVID-19 pandemic has had on the way we all communicate with others. We are now in the midst of our third UK lockdown with schools closed for the second time in a year [...]

  • Facebook bans vaccine misinformation in latest platform clean-up

    February 9, 2021

    Facebook has banned misinformation about all vaccines in its latest effort to crack down on harmful material. In December the social media firm began removing claims from Facebook and Instagram about approved Covid-19 vaccines that had been debunked by health experts. The company today said it would extend these measures to include more false claims [...]

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