Inverleith takes stake in Eden Mill St Andrews craft gin and Scotch whisky company to build UK’s first carbon-neutral distillery January 25, 2022 Edinburgh-based, specialist, consumer-brand investor Inverleith has secured a majority stake in the Eden Mill St Andrews craft gin and Scotch whisky company. The drinks firm is planning to build a new carbon-neutral, whisky distillery, the first in the UK. It plans to build a new whisky distillery in St Andrews, with founder and managing director, [...]
US extradition blocked for Brit accused of stealing £6.3m in crypto currency January 25, 2022 British hacker Corey De Rose was discharged by District Judge Sarah-Jane Griffiths late yesterday afternoon from an extradition request made by the Government of the US. The extradition was sought with regard to an alleged conspiracy to steal crypto currency valued at over £6.3m from an individual in the US. In July 2017, a team [...]
New Covid variant spreading like wildfire across UK and Scandinavia: BA.2 ‘stealth’ mutation now half of all new coronavirus cases in Denmark and rapidly pushing Omicron aside January 24, 2022 Various media across Scandinavia and the UK are reporting the emergence of a new Covid variant that is so infectious and spreading so fast that nearly half of all cases in Denmark are now the new mutation, named BA.2, with more than 400 confirmed infections across the UK. The new mutation has reportedly also popped [...]
CarTrawler CEO Cormac Barry on the travel sector’s long road to recovery January 23, 2022 No more PCR tests before arriving in England and most travel restrictions out of the window. International arrivals will instead be asked to take a lateral flow test on arrival and only to self-isolate if it comes back positive. The UK government’s recent announcements were warmly welcomed by the UK’s aviation and tourism sectors, including [...]
Global Britain: Covid and Brexit offer an ‘opportunity to reset’ relations on union January 23, 2022 A Lords committee said this week that the challenges caused by Brexit and the pandemic present an “opportunity to reset relationships” between the UK Government and devolved nations. The upper house’s Constitution Committee published a report on Thursday, calling for a shift in how the union operates, shoring it up for the 21st century. Among [...]
Poverty looms for 15m Brits: Cost of living crisis grows as more and more people cannot keep up with household bills January 23, 2022 Millions of Brits are finding it harder to keep up with bills and credit commitments, as that number has doubled since the start of the pandemic to almost one in three, research by a debt charity warned this weekend. Nearly one in three British adults – 30 per cent or 15 million people – say [...]
Forbes 30 under 30 data shows London is the best city in the world to be a young entrepreneur January 23, 2022 Using the Forbes 30 Under 30 lists from Europe, North America, Russia, Asia and Africa, London has been named as the best city in the world to be a young entrepreneur. Despite North America being by far the most popular in providing Forbes Under 30 candidates, London is the most popular city for young entrepreneurs [...]
Brexit: Finland, Luxembourg, Portugal and Greece are exploiting Brexit as UK exporters are being ‘replaced’ January 23, 2022 Smaller EU countries are benefitting from Britain’s departure from the European Union. This is largely because they fill up the Brexit exporters’ spots. In fact, this situation could reduce the UK’s exports to the EU by -7.73 per cent by 2025, according to new analysis shared with City A.M. this week. The top three countries [...]
UK’s largest ever health research project is looking for 5 million Brits January 23, 2022 A major health study which aims to predict who will get ill in their later years even before they show symptoms needs a record 5m volunteers. Hoped to be the UK’s largest ever health research programme, Our Future Health will track people throughout their lives in a bid to come up with new ways to [...]
Brexit onslaught: A third of all British business owners is not sure their company will still exist in a year’s time January 23, 2022 Nearly one in three fear their company will close before the end of this year, primarily as the long-term effects of Brexit start to bite, according to alarming data shared with City A.M. this week. A slightly bigger number, 37 per cent, don’t think their business will survive until the end of 2027, as more [...]
