Binance close to being given green light to operate in Kazakhstan August 15, 2022 Binance has been handed preliminary approval to operate as a cryptocurrency exchange in Kazakhstan.
PwC scraps 2:1 entry requirement for graduates as City war for talent heats up August 15, 2022 BIG four accountant PwC will start recruiting graduates who missed out on a 2:1 degree at university, the firm announced today, in a bid to “diversify” its intake amid an ongoing City talent war. Graduates who received a 2:2 – colloquially known as a “Desmond” in reference to the late South African priest Desmond Tutu [...]
Why August Is Actually A Good Month To Find A Job August 15, 2022 Your mind might be at the beach even if your body is firmly at your desk: August is the laziest of the summer months, and with record-breaking UK temperatures this season – a new record-high temperature of 40.3°C was set at Coningsby, Lincolnshire, on 28th July – the heatwave has continued with parts of the [...]
Bank of England ramps up staff bonus pool by £1.3m despite inflation surge August 15, 2022 The Bank of England handed out an average bonus of just over £5,400 to staff despite inflation expected to rise to more than six times the monetary authority’s target. The monetary authority upped its bonus pool by around £1.3m over the last year to £23.3m, according to figures obtained by The Observer through a freedom [...]
Price of Bitcoin pushes higher over a solid weekend for crypto August 15, 2022 Bitcoin, the largest cryptocurrency by market capitalisation, held above $24k on both Saturday and Sunday, setting highs of just below $25k.
Covid test maker’s shares sink as CEO warns of losses over spat with Government August 15, 2022 Covid-19 test provider Abingdon Health’s shares have plunged today as bosses warn losses related to “resolving the lack of payment” by the Government’s Department of Health and Social Care (DHSC). Boss of London-listed rapid test manufacturer Chris Yates said today that the full-year results were “disappointing in many respects, particularly the distraction of the [...]
HelloFresh remains cautiously optimistic for year as it passes price hikes onto customers August 15, 2022 HelloFresh this morning said it was “cautiously optimistic” about the second half of the year as the company grapples with soaring prices. For the second quarter, the meal kit maker confirmed its previously-released figures, which showed that revenue for the three-month period rose to €1.96bn from €1.56bn. Hellofresh topped expectations, delivering 557.1m meals in the [...]
Abrdn’s Asian Income Fund loses 6.9 per cent of value as APAC markets suffer August 15, 2022 Asset management giant Abrdn said the value of the assets controlled by its Asia Income Fund plunged 6.9 per cent over the first half of 2022 as markets were rocked by a combination of Covid lockdowns and the ripples of war in Ukraine. In its half yearly report today, the firm said net asset value [...]
Pressure mounts as three quarters of Tories back Labour’s £29bn emergency energy plan August 15, 2022 Three quarters of Tories back Sir Keir Starmer’s plan to freeze energy bills as pressure mounts on Sunak and Truss.
D-Orbit bails on US SPAC merger as investors’ risk appetite shrinks August 15, 2022 Satellite firm D-Orbit has bailed on its merger with a US special purpose acquisition company (SPAC) Breeze Holdings Acquisition Corp. as rocky markets spell investor concerns. The pair came to the conclusion mutually, D-Orbit’s primary investor Seraphim Space Investment Trust said today. Despite tech stocks recovering from a sell-off earlier this year, which saw millions [...]
