BP pushes forward with North Sea oil and gas project April 21, 2022 BP has submitted its environmental statement for the Murlach project to the energy regulators, as it pushes ahead with plans to develop the site.
Mecca owner Rank slashes estimates as punters dodge bingo halls and casinos April 21, 2022 Mecca owner Rank issued a warning on profits this morning after the firm struggled to hit the jackpot with its pandemic recovery. Following softer than expected trading and increased costs pressures, the company lowered trading expectations by roughly 15 per cent, estimating earnings of around £47m to £55m for the year. It comes after the [...]
UK venture capital surges ahead of Europe as investors shake off market jitters April 21, 2022 Venture capital investment in the UK and Ireland continued to boom in the first three months of the year as deal value surged ahead of European competitors.
Exclusive: Salesforce chief says tech firm’s City of London offices are amongst the fullest worldwide April 21, 2022 Salesforce’s London offices are now fuller than almost all of its other offices worldwide, Salesforce’s UK & Ireland head has said to City A.M. Speaking exclusively to this paper, Salesforce UK & Ireland CEO Zahra Bahrololoumi said “Salesforce thrives in city centres,” as she explained the firm is now working to upgrade its offices in [...]
Russia claims victory in Mariupol despite remaining Ukraine troops April 21, 2022 Russia has claimed victory in the key port city of Mariupol after an almost two-month long attack, despite an estimated 2,000 Ukrainian troops still holding firm in a steel plant. Russian defence minister Sergei Shoigu today said it would take “three to four days” to defeat the final Ukrainian troops at the Azovstal steel plant, [...]
Twitter takeover: Musk lands £35bn funding commitment as approach intensifies April 21, 2022 Elon Musk has landed $46.5bn (£35.6bn) of funding commitment to snap up Twitter, as the takeover approach intensifies.
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).