Bitcoin and Ethereum – where are we as the seasons change? October 3, 2023 With a footnote to remind us the industry is still in its infancy, Temple Melville pops a thermometer into the ears of Bitcoin and Ethereum.
London Underground strikes this week cancelled after last-minute deal October 3, 2023 Strike action set to cause chaos on the London Underground this week have been called off, the Rail Maritime and Transport Union (RMT) has announced. 3,000 workers had planned walk outs on Wednesday and Friday this week but the RMT said that both will no longer go ahead after “significant progress” was made during the [...]
Meta: Facebook and Instagram owner plans to charge European users October 3, 2023 Meta, the parent company of Instagram and Facebook, is reportedly planning to charge European users up to $17 (£14) per month for an ad-free subscription tier. The Silicon Valley powerhouse could offer ad-free Instagram and Facebook for paying subscribers while users wishing to hang onto free access must agree to targeted ads based on their [...]
James Harris appointed CCO of Zodia Custody October 3, 2023 Institution-first digital asset custodian Zodia Custody has appointed James Harris as Chief Commercial Officer.
Feargal Sharkey: Customers shouldn’t pay for water firms’ failures October 3, 2023 It is quite extraordinary that less than a week after being chastised by the regulator for their failures, the water industry has decided to commit an act of industrial self-harm by announcing to millions of customers they’re going to raise their water bills. People are already furiously angry, and what this illustrates to me is [...]
Aurelius: Lloyds Pharmacy owner joins race for The Body Shop October 3, 2023 The owner of Lloyds Pharmacy, Aurelius, is understood to have joined the race to buy ethical cosmetics brand The Body Shop, as it looks to change hands again for the third time in five years. The investment company has joined Epiris, the private equity firm, and Elliott Advisors, the owner of Waterstones in the bidding [...]
Crypto markets retrace following short-lived rally October 3, 2023 Bitcoin and other cryptocurrencies have retraced since yesterday’s rally but the market leader continues to trade around $27.5k.
DX Group: Under offer logistics firm’s profits jump as EV investment drive continues October 3, 2023 Under offer logistics firm DX Group reported a jump in full-year profits as it continued to expand its network of depots across the UK and invest heavily in its electric vehicle (EV) fleet. The group, which offers services including logistics and parcel freight, saw pre-tax profits rise by a third to £26.8m, while revenues increased [...]
FCA dismissed whistleblower’s ‘extreme retaliation’ claims with legal mistake October 3, 2023 The City watchdog dismissed the complaints of a whistleblower and allegedly left them open to a barrage of retaliation from their former employer because officials wrongly interpreted the law, City A.M. has learned.
London business confidence stalls as concerns around inflation remain for firms October 3, 2023 Easing inflation has failed to improve business confidence in London, with just a quarter of firms anticipating the capital's economy to improve over the next year.
