Binance launches next phase of user transparency updates November 27, 2022 Binance has taken the next step in its effort to provide transparency of user funds, following the recent disclosure of its hot and cold wallet addresses.
EU to introduce bloc-wide vaping levy November 27, 2022 The EU is set to introduce a new vaping levy as it revamps the tobacco industry’s tax structures and adapts to the vape boom. According to a draft European Commission document and first reported by the Financial Times, stronger vaping products would have an excise duty of at least 40 per cent applied, while lower-strength [...]
Mark Harper: Inflation-matching pay rises ‘unaffordable’ November 27, 2022 Increasing workers’ salaries to match inflation rates is simply unaffordable, according to transport secretary Mark Harper. “We want to try and give all the workers in the public sector who work very hard decent pay rises, but they can’t be inflation busting,” he told Sky News’ Sophy Ridge on Sunday. Salary increases have been the [...]
Online safety bill to criminalise encouraging self-harm November 27, 2022 The long-awaited online safety bill is set to criminalise content that encourages self-harm as it attempts to beef up protections. While encouraging suicide is already illegal, there is widespread concern about material on the internet that encourages people to harm themselves. The recent inquest into the death of 14-year-old Molly Russell found that unsafe online [...]
Investors hope for US jobs market slowdown to appease Federal Reserve November 27, 2022 Signs of a further slowdown in the US jobs market convincing the Federal Reserve to slow its interest rate hike cycle will top investors’ wish list this week. London’s FTSE 100 index notched a decent showing last week, climbing 1.37 per cent to close at 7,486.67 points, while the domestically-focused mid-cap FTSE 250 index rose [...]
English cricket catches the eyes of private equity powerhouse in £400m bid November 26, 2022 The England and Wales Cricket Board (ECB) has reportedly caught the eyes of private equity powerhouse Bridgepoint Group. The UK private equity firm has tabled £400m to bring The Hundred under its wing, Sky News first reported today. A source close to the ECB said Bridgepoint had proposed buying a 75 per cent stake in [...]
Busiest Black Friday on record as Brits make the most of sales in cost of living crisis November 26, 2022 This year’s Black Friday was the busiest on record, as Brits look to make the most of deals amid the cost of living crisis. The number of purchases jumped on Friday, up 10 per cent in comparison with last year, according to data from Nationwide today. The rate of spending has risen more than a [...]
Tesco invests further £14m into egg industry as avian flu sparks rationing November 26, 2022 Tesco is leading the charge in supporting egg suppliers, as British supermarkets begin rationing egg sales amid an outbreak of avian flu. Egg farmers in the UK have been wrestling with an outbreak of avian flu, on top of soaring inflation which has ramped up the price of feed and energy. Tesco has set aside [...]
Qatari investment in London pulled into question over transport advert ban November 26, 2022 Qatar is reportedly reviewing its investment in London after the capital banned the country’s adverts from its transport network. Transport for London (TfL) contacted Q22, the body overseeing the World Cup, to inform them of the ban this week, the Financial Times reported, citing a person involved in the Qatari review. In response, Qatar said [...]
England fans barred from wearing crusader costumes at tonight’s game against USA November 25, 2022 Press Association Supporters have been barred from dressing as crusaders at England’s World Cup clash with the USA in Qatar. Fans dressed in chainmail while carrying plastic swords and shields with the St George cross have been told they will not be allowed to enter Al Bayt Stadium in Al Khor, north of Doha, according to The Times. The [...]
