Bitcoin’s green shoots trampled by earnings season April 27, 2022 Bitcoin is currently changing hands for about four per cent less than it was at this time 24 hours ago at around $38,500.
Up in West Cumbria, the battle for coal has yet to find a winner April 27, 2022 In West Cumbria, a long stretch of coast right by the green hills of the wealthy Lake District, people have been worrying about jobs for a long time. So when the plans for the first new deep mine since the 1980s were first announced, most locals rejoiced. Fast forward to today, the plans haven’t yet [...]
Austria to pay for Russian gas in roubles April 27, 2022 Austria has ceded to Russian demands to pay for its gas supplies in roubles, amid escalating tensions between the West and the Kremlin.
Kellogg’s to battle government’s sugar restrictions in court April 27, 2022 Cerealmaker Kellogg’s is taking the government to court over new legislation that will prohibit some high sugar products being prominently displayed in stores. The food titan argued the government’s formula should factor in the nutritional value of milk, which it says is eaten with cereal in the vast majority of cases. From October, retailers will [...]
Covid: High Court rules government broke law by discharging hospital patients to care homes April 27, 2022 The government broke the law when they discharged thousands of hospital patients into care homes at the start of the Covid pandemic, the High Court has ruled. The High Court ruled the policy was “unlawful” as it did not take into account the risk to elderly and vulnerable residents from asymptomatic people spreading the virus. [...]
Credit Suisse posts another loss on swelling legal costs April 27, 2022 Millions in pounds in legal costs to deal with a string of scandals has plunged embattled lender Credit Suisse to another quarterly loss, it announced today. The Swiss bank, which has been engulfed by sudden board departures and huge losses from its involvement in the Greensill Capital debacle, spent CHF 703m (£578m) on hiring lawyers [...]
Letters: Small businesses still losing out April 27, 2022 [Re: CBI president: UK needs to tap into fintech’s ‘flotilla of benefits’, April 25] Lord Bilimoria and the CBI aren’t wrong. Businesses need all the support they can get against a backdrop of slow post-pandemic economic growth. The UK has one of the most advanced fintech ecosystems in the world and we’re proud to run [...]
Nadine Dorries set to publish White Paper on Channel 4 privatisation April 27, 2022 Nadine Dorries is reportedly set to release a new White Paper that will outline her plans to privatise Channel 4 in another major step toward selling the state-owned broadcaster. Sky News reports that the Department for Digital, Culture, Media and Sport (DCMS) is expected to release the plan this week. Dorries, the culture secretary, confirmed [...]
P&O restarts Channel sailings as calls for boss resignation pile up April 27, 2022 P&O restarted today its Channel routes amid safety concerns and government calls for boss Peter Hebblethwaite to resign. The Spirit of Britain vessel departed late last night carrying freight customers, as passenger services are expected to resume early next week. Initially detained by the coastguard on 13 April, the Spirit of Britain was cleared for [...]
KPMG to cash in on tech fundraising boom via stake in venture capital advisor April 27, 2022 KPMG is seeking to capitalise on the UK’s booming technology startup ecosystem by acquiring a 50 per cent stake in venture capital fundraising advisor Acceleris. The Big Four accountancy firm is hoping to cash in on the booming market for tech startup fundraising by teaming up with the tech-focused venture capital firm. The deal, which [...]
