Sunak vows to push forward with Channel 4 privatisation July 22, 2022 Rishi Sunak has vowed to push ahead with privatisation plans for Channel 4, killing hopes from C4 bosses and indie studios that a new leader could mean a new direction.
How airdrops and NFTs are revolutionising the hunt for crypto fraudsters July 22, 2022 Keith Oliver and Amalia Neenan of Peters & Peters issue a musical warning to all the crypto fraudsters out there - it's all over now.
Losses deepen for Snap despite growing daily users July 22, 2022 Snapchat owner Snap posts deeper losses in the second quarter, as well as dwindling revenue growth.
French border police blames ‘unexpected’ incident for Dover bottlenecks July 22, 2022 The French border police has blamed an “unexpected technical” incident for the hour-long bottlenecks at the port of Dover. Authorities said they will work closely with the UK counterparts to handle surging traffic levels. The remarks come after the Port of Dover said the queues were caused by “inadequate French border capacity.” “Resource at the [...]
Investment behemoth Hilco Capital joins race to snap up Paperchase July 22, 2022 Former HMV-owner Hilco has joined the race to snap up Paperchase, according to City sources.
Twitter blames Musk for declining revenue July 22, 2022 Twitter has blamed Elon Musk for its revenue decline in the second quarter as the social media firm feels the strain of failed takeover talks. Revenue dropped one per cent year-over-year to $1.18bn, falling short of the projected $1.32bn. While the social media titan blamed the challenging macroeconomic environment for the revenue dip, it also [...]
UK’s private healthcare market booms as NHS case backlog hits record levels July 22, 2022 A surge in people choosing to pay for surgeries out of their own pockets has seen overall activity in the UK’s private healthcare sector bounce back to pre-pandemic levels. More than 250,000 British people opted to pay for private healthcare themselves in 2021, instead of using the NHS, in a shift that has offset a [...]
Russia accused of ‘stealing’ UK-bound steel worth £500m July 22, 2022 Russia was accused of “stealing and “looting” £500m worth of steel bound for customers in Europe, including in the UK, by the chief of Ukraine’s biggest steel company. Metinvest CEO Yuriy Ryzhenkov said the steel, some bound for the UK, was being stolen from plants and ports in Ukraine and transferred to Russia to be sold, [...]
Lord Holmes: Is this a positive, proportionate approach to crypto from the government? July 22, 2022 Writing exclusively for Crypto AM, Lord Holmes of Richmond spells out the implications for crypto on the Financial Services and Markets Bill.
BA staff call off strike for good following 13 per cent pay rise July 22, 2022 British Airways check-in staff in the Unite and GMB unions have called off planned industrial action after accepting a 13 per cent pay rise. “No one wanted a summer strike at Heathrow, but our members had to fight for what was right,” said GMB’s national officer Nadine Houghton. “This improved pay deal came because of [...]
