Barcelona FC take step to financial safety with further £255m boost from US investment firm Sixth Street July 22, 2022 Spanish football titans Barcelona have taken another step to securing financial security, with a further £255m cash boost from a US investment giant. The debt-ridden Catalan club secured additional cash from Sixth Street to the tune of €300m (£255m), days after unveiling their latest landmark signing, striker Robert Lewandowski. Sixth Street bought a 15 per [...]
Why Bitcoin Not Crypto July 22, 2022 In Part 1 of this article, I recall my own early experiences with Bitcoin and cryptocurrencies. I bought my first cryptocurrency in October 2020. Like many others who were working from home due to Covid restrictions, my monthly outgoings had dropped unexpectedly – no more commuting, no more socialising – and I was getting into [...]
Ryanair boss calls for ‘more common sense’ in implementing post-Brexit immigration rules July 22, 2022 Ryanair’s boss Michael O’Leary has called for “a bit more” of common sense on the government’s side when implementing post-Brexit immigration rules. The Irish executive urged transport secretary Grant Shapps to allow EU workers to work in the UK and ease the ongoing travel chaos. “We have this bizarre situation at the moment that in [...]
Competition watchdog green lights BT and Warner Bros sports broadcasting tie-up July 22, 2022 The UK competition watchdog has given the BT Group and Warner Bros. Discovery joint venture the green light.
Ericsson acquires Vonage for £5.2bn July 22, 2022 Telecommunications company Ericsson has completed its $6.2bn (£5.2bn) acquisition of American cloud communications company Vonage. Vonage is now a wholly-owned subsidiary of Ericsson and will become a separate business area within Ericsson. Vonage common stock has stopped trading and will not be listed on the Nasdaq Global Select Market now. Vonage will still operate under its [...]
Stamp seller Stanley Gibbons sets out plans to delist from AIM July 22, 2022 Collectable stamp seller Stanley Gibbons today put forward plans to pull itself off of London’s Alternative Investment Market (AIM), as it announced the resignation of its CEO. The London stamp dealer said it will allow shareholders to vote on plans to delist Stanley Gibbons from the AIM stock exchange, at an extraordinary general meeting on [...]
Salesforce UK chief: Govt needs to do more to fix skills gap ‘crisis’ in tech July 22, 2022 The government needs to do more to fill the tech skills shortages, says UK Salesforce Executive Vice President and CEO Zahra Bahrololoumi.
FRP announces higher revenue and growth despite economic uncertainties July 22, 2022 FRP Advisory Group announced higher revenues and a growth in team size and market share despite a weakening economic outlook. For the year ended 30 April 2022, revenue rose 21 per cent to £95.2m from £79m in 2021, with a 15 per cent increase in FRP’s team size by 66 to 504 (excluding consultants). FRP Corporate [...]
Jubilee weekend boom fails to lift June’s retail sector July 22, 2022 An uptick in sales of food during the Jubilee weekend was offset by slower sales across the rest of the retail sector to see June retail volumes drop 0.1 per cent compared to previous month. The Jubilee weekend saw food shops sell 3.1 per cent more food last month than they did in May, as [...]
Ukraine grain crisis set to end with Turkey facilitating Kyiv-Moscow deal July 22, 2022 The global grain crisis caused by Russia’s blockade of Ukrainian ports is set to end when the two countries sign a deal today facilitated by Turkey. Kyiv and Moscow will reportedly agree to allow the export of grain through Ukraine’s Black Sea ports, spurring hopes that the shortage of supply will end and prices will [...]
