Brits cut back on pints and petrol amid tightening cost of living grip May 10, 2022 Brits are cutting back on pints and are driving less in response to the tightening cost of living grip, reveals fresh figures published today. Purchases in pubs, bars and clubs slowed last month, but were still nearly 40 per cent higher last month compared to April 2019, according to Barclaycard, which oversees around half of [...]
Yapily snaps up German open banking firm as it ‘builds the muscles’ for global push May 10, 2022 London fintech Yapily has snapped up German open banking firm finAPI today as it “builds the muscles” for a push into a swathe of new global markets.
Payments firm Paddle bags ‘unicorn’ status with $200m funding boost May 10, 2022 London fintech firm Paddle has bagged a $200m funding injection today at a valuation of $1.4bn, making it the latest UK firm to achieve so-called ‘unicorn’ status with a value of more than $1bn.
Only transparency about emissions will stop the angry shouts of climate protesters May 10, 2022 What do ABBA, top hats and champagne all have in common? For starters, they all made an appearance at HSBC’s recent annual general meeting of shareholders. A vocal group of climate activists upended the global bank’s proceedings when they descended on Southbank’s Queen Elizabeth Hall wearing top hats, sipping from champagne flutes and even breaking [...]
New York’s slice of London in Sadiq Khan £10m tourism campaign May 10, 2022 NEW York was treated to a slice of London yesterday, as a handful of Coldstream guards who ordinarily stand watch at Buckingham Palace took to Times Square for the launch of a £10m campaign to lure American tourists back to the capital. Sadiq Khan was met with an enthusiastic reception from the likes of tourists [...]
FCA warns of buy now pay later usage amid cost of living crunch May 10, 2022 Consumer groups have sounded the alarm over buy-now pay-later and credit usage as fresh data reveals Brits are turning to the products to buy essentials and ease the pain of a cost of living crunch.
EV market shows signs of maturing as second hand sales double May 10, 2022 The UK electric vehicle market has shown signs of maturing as the number of second hand sales has doubled over the last year, according to a quarterly report by the Society of Motor Manufacturers and Traders (SMMT) published today. Despite a combination of Covid-induced supply chain issues – including semiconductor shortages – and the impact [...]
UK needs to invest billions to become global player in EV battery market May 10, 2022 The UK needs to ramp up funding and production if it wants to become a global player in the electric vehicle (EV) battery market, according to a report published today. The Green Finance Institute’s Coalition for the Decarbonisation of Road Transport (CDRT) argued that the UK should increase its battery capacity from the current 2GWh [...]
Isolating the problem: why the modern office needs real and virtual watercooler moments May 9, 2022 Dr. Wolfgang Seidl is a partner at Marsh McLennan, and an expert on the future of work. Here he lays out just what the workplace needs to look like post-pandemic FEW PEOPLE understand more what it is to be resilient than Terry Waite CBE, the humanitarian and author who was held hostage in the 1980s. [...]
BBC’s Huw Edwards paid £25k a month for second jobs May 9, 2022 One of the Beeb's most famous faces cashes in on moonlighting, with BBC News presenter Huw Edwards earning at least £25,000 from second jobs in just one month.