Ethereum outperforming Bitcoin as drawdown nears 300-day milestone August 24, 2022 The price of Bitcoin is flat again over the past 24 hours, currently changing hands for $21,324 this morning.
Editorial: Downturn the perfect time for some genuine Whitehall reform August 24, 2022 We tried to find some more good news for the front page – we promise – but the truth is it seems harder to find now than it has for some time. Every day brings new data suggesting that things are bad now, and getting worse. But that’s no reason to be (too) down-hearted – [...]
Police cordon off Bishopsgate after stabbing in early hours August 24, 2022 City police have cordoned off Bishopsgate following a stabbing in the early hours of the morning. The force is investigating after a reported his injury at just after 4am, with pavement around Bishopsgate closed off. In a statement to City AM, T/Chief Inspector Tom Fisher, from the City of London Police, said: “Officers are investigating [...]
Changes sweep the boardrooms and C-suites of biggest businesses in the UK August 24, 2022 The boardrooms and C-suites of some of largest companies in the UK have undergone sweeping overhauls this week alone. The winds of change have blown as the country heads into autumn and buckles down for a worsening economic crisis, some two years on from the start of the pandemic. While Covid-19 measures in the country [...]
HSBC agitator Ping An claims ‘we are not an activist’ despite break-up calls August 24, 2022 The investor pushing for a break up of HSBC has claimed it is “not an activist investor” today and simply cares about returns.
Candy floss and burnt out tanks: Ukraine marks independence day and six month anniversary of Russia’s invasion August 24, 2022 Ukraine celebrated its 31st independence day and six months since the country was invaded by Russia, by displaying charred Kremlin tanks on the streets of Kyiv. Residents of the capital were pictured eating candy floss and celebrating the national holiday, three decades on after freeing itself from Moscow, as the remains of the Kremlin’s military vehicles [...]
WhatsApp clampdown: Lawyers warn City firms about increasing scrutiny of app August 24, 2022 Lawyers have warned City firms to “dust off” their communication training handbooks amid fears that regulators could ramp up scrutiny of the use of WhatsApp in UK financial services.
Car chain Lookers profits dip as soaring costs throttle jump in sales August 24, 2022 Car dealership chain Lookers has reported a dip in profits for the first half of the year as soaring costs and supply strains offset a jump in revenue to £2.23bn. In a trading update today, bosses said that pre-tax profits fell from £50.4m in the first six months of last year to £49.9m in 2022, [...]
Winds of change blow over EasyJet in boardroom revamp August 24, 2022 EasyJet has ushered in a trio of new non-executive directors onto its board, as three announce their departure from the airline. Ex-eBay Harald Eisenächer, CEO of Swiss logistics business Kuehne + Nagel Dr Detlef Trefzger and the former chief operating officer for Dubai Airports Ryanne van der Eijk will step onto the board at the [...]
We’re ignoring a basic tool to help the poorest with their energy bills right now August 24, 2022 In the throes of an inflation induced cost of living crisis, energy prices need urgent political and policy attention. The plans put forward tend to vary around traditional conceptions of more tax, less tax or price suppression – but there are also ways the government can do highly targeted interventions to people in need. Targeted [...]
