The Festival of Words: From Gyles Brandreth to Anthony Scaramucci – all you need to know about the Fleet Street Quarter festival
Zapp: Rapid delivery app doubles down on London as key ‘convenience mega city’ market April 21, 2022 Rapid delivery start-up Zapp has said it is doubling down on London in its expansion plans. The app plans to differentiate from rivals by focusing on the capital, instead of smaller cities, Zapp’s vice president of strategy, Steve O’Hear told CityA.M. With a focus on a “need it, want it now,” market, the app’s approach [...]
Shares in London-listed mining firms tumble amid production shortfalls April 21, 2022 Spiralling costs, supply chain woes, and rampant inflation have piled on the misery for London-listed mining firms.
Dramatic clip shows moment renters are ‘attacked’ at London estate agent over ‘illegal eviction’ April 21, 2022 Dramatic footage has emerged online of showing the moment tenants were confronted at a London estate agents in a row over evictions. Seven people visited the offices of Eaton Green in Camberwell, protesting about alleged illegal eviction, before someone exited its office and started “attacking” the activists. In a clip shared on Twitter by @SarahWarsama, [...]
Coinbase unveils social NFT marketplace April 21, 2022 Crypto exchange giant Coinbase has given users a first glimpse at its highly anticipated marketplace for non fungible tokens (NFTs).
Bank of America bets on Singapore as Hong Kong curbs lead to ‘brain drain’ April 21, 2022 Bank of America is reportedly shifting some of its dealmakers from Hong Kong to Singapore, as Beijing’s touch stance of Covid-19 muddies the water in the financial hub. Dominic Tan, co-head of Asia consumer and retail investment banking, and Anastasios Pefanis, who head’s the equity capital markets syndicate in the Chinese city, are among top [...]
Retail hesitancy: Online sales drop as shoppers feel pinch of rising inflation April 21, 2022 Online shoppers are spending less as the cost of living crunch starts to bite across the world, and consumers have turned to BNPL services to continue purchasing. Global digital sales have dropped three per cent year-on-year, the first recorded drop in nine years of tracking by Salesforce. The firm’s shopping index shows a drop in [...]
Coastguard inspects another two P&O ships as company hopes to set sail soon April 21, 2022 The Maritime and Coastguard Agency (MCA) announced today it was inspecting another two of P&O’s ships as the company hopes to resume normal operations soon. MCA agents said they were inspecting the European Highlander, which operates on Northern Ireland to Scotland routes, and the Norbay, which serves Liverpool to Dublin. “Our surveyors are carrying out [...]
PensionBee buzzes onto London’s top market as boss calls for rules reform April 21, 2022 The boss of fintech PensionBee has called for a swathe of reforms to London’s capital markets today in order to boost the growth of newly-listed tech firms, as the firm marks its shift onto London’s flagship market.
Elon Musk’s empire on a roll: Tesla reaps record profits as The Boring Company raises £515m April 21, 2022 Elon Musk’s empire seems to be on a roll, as Tesla wins the hearts of drivers looking to go green and his infrastructure business The Boring Company catches the eyes of investors. The Boring Company has raised $675m (£516m) in its latest funding round, Musk announced today, bringing the valuation to $5.7bn. The series C [...]
FCA seizes £2m from QPay over links to $150m US payment fraud case April 21, 2022 The UK's financial watchdog has seized millions of pounds from QPay believed to be the proceeds of illegal activity.