TfL board to meets next week to decide long-term funding deal August 24, 2022 Transport for London’s (TfL) board is set to meet next Tuesday to discuss the government’s long-term funding deal. TfL has confirmed the meeting will take place next week, but it remains unclear whether the board will accept the proposal made by transport secretary Grant Shapps on 22 July. The public body has been locked in [...]
Cineworld shareholders ‘will get zero’ if it files for bankruptcy, says short seller August 24, 2022 Cineworld was “run on a wing and a prayer” and will leave shareholders with nothing if it files for bankruptcy in the US, a short seller of the firm said today.
1,000 new public EV chargers get £20m boost for UK-wide for roll-out August 24, 2022 The UK Government and industry have pledged over £20m for the roll-out of 1,000 new public electric vehicle (EV) chargers across England. The Local EV Infrastructure pilot scheme has received £10m as part of the government’s £450m EV charging strategy for local authorities, which aims to increase the number of public EV infrastructure by a [...]
Where will Ethereum PoW miners go post-merge? August 24, 2022 Tim Bullman, CEO of Caduceus Foundation, discusses the next move for Ethereum's proof-of-work miners after "The Merge".
Thousands more homeowners to be refunded after ground rents doubled August 24, 2022 Press Association Thousands more homeowners who paid a doubled ground rent on their property will receive a refund after the competition watchdog cracked down on “unfair” leasehold practices. More than 5,000 households in the UK will be compensated after being caught in contracts that saw their ground rents double in price every 10 years. Many [...]
City Hall Tories call on Sadiq Khan to stop Extinction Rebellion occupation of Hyde park August 24, 2022 Sadiq Khan has been urged by the Tory caucus in City Hall to stop Extinction Rebellion’s planned occupation of Hyde Park next month. Susan Hall, leader of the London Assembly Tories, said Khan must intervene to stop the “hypocritical and lawless” climate change protest from taking up police resources. A spokesperson for Khan said the [...]
Poundtoken becomes available on Fireblocks August 24, 2022 Poundtoken, the first FSA-regulated stablecoin fully backed 1:1 by pound sterling, today became available on the Fireblocks network.
Toyota ad banned for encouraging ‘unsafe and irresponsible driving’ August 24, 2022 Toyota’s ad for the GR Series car has been banned after a watchdog ruled the promotional campaign “condoned and encouraged unsafe and irresponsible driving.” It appeared on the Guardian and the i between April and May, and ad depicts three cars driving close to one another on a country road, with a text at the [...]
Crossrail bosses to advise Israel on building £33bn Tel Aviv metro August 24, 2022 Bosses of Crossrail are to advise on a new state-of-the-art £33bn metro system for the Israeli city of Tel Aviv. Transport secretary Grant Shapps is in Israel this week and has met his counterpart, agreeing the deal as part of a post-Brexit memorandum of understanding signed earlier in the summer. This comes after the completion [...]
Which UK shares should you keep an eye on in September 2022 August 24, 2022 As Citi predicts UK inflation will strike a forbidding 18.6% in early 2023, investors are rushing to rebalance their portfolios away from unsustainable growth towards the best UK shares, including FRP Advisory Group, QinetiQ, and Phoenix Group. UK shares to buy With interest rates rising with the risk of corporate defaults, the twin signposts of liquidity and [...]
