Klarna UK boss quits but predicts BNPL firm will “trailblaze” in payments and banking May 19, 2023 Klarna’s UK boss Alex Marsh announced today that he was stepping down having been at the firm for four and half years. Marsh, who joined Swedish buy-now pay-later (BNPL) firm Klarna in 2018, described his time at Klarna as “nothing short of phenomenal”. However, he said that a recent family tragedy has “brought home that [...]
Crypto investing can be risky, but it’s nothing like gambling May 19, 2023 The UK has an opportunity to be at the forefront of crypto policy. Failing to grasp this opportunity could prove to be the true gamble, says eToro's Dan Moczulski
Plans to shake up British railway network could be watered down as new powers likely delayed May 19, 2023 Plans to shake up the railway network may be watered down as legislation to give powers to a proposed new public sector body could be delayed, it has been reported. Great British Railways (GBR), announced in 2021 by then-prime minister Boris Johnson as a way to simplify the rail network and improve services for passengers, [...]
Smiths: Arm making X-ray machines for airports has strong quarter as revenue guidance lifted, share price up May 19, 2023 Engineering company Smiths Group has upped its guidance after the company’s unit that makes X-ray machines for airports saw a strong quarter. The business said it now expects 10 per cent organic revenue growth this financial year. It comes as revenue rose by 13.4 per cent in the nine months to the end of April, [...]
Europa Conference League: UEFA to investigate after AZ Alkmaar fans confront West Ham players’ families May 19, 2023 UEFA is expected to launch an investigation into the trouble that marred West Ham’s Europa Conference League semi-final victory at AZ Alkmaar, with Dutch police saying there have been no arrests yet. Pablo Fornals’ injury-time winner, that earned a 3-1 aggregate success and sent them to next month’s final in Prague, prompted a gang of [...]
Bitcoin wallet address milestone is something to smile about May 19, 2023 Not in Miami, Jason Deane rounds up the week as he highlights what's going well for Bitcoin and not so well for Vladimir Putin.
Shares in Magners maker C&C slump 17 per cent after leadership shakeup and botched software upgrade May 19, 2023 Shares in beer and cider brewer C&C slumped today as the firm said plans to upgrade software at a subsidiary hit big obstacles, forcing a leadership shakeup. Shares in C&C, which makes Magners and Bulmers, were down nearly17 per cent on Friday morning. The company said it has encountered “significant challenges” when rolling out new [...]
The Smiths’ bassist Andy Rourke dies aged 59, Johnny Marr leads tributes May 19, 2023 The Smiths’ bassist Andy Rourke has died aged 59, his former bandmate Johnny Marr has said. A post on Marr’s Twitter account said on Friday morning: “It is with deep sadness that we announce the passing of Andy Rourke after a lengthy illness with pancreatic cancer. “Andy will be remembered as a kind and beautiful [...]
FTSE 100 close: London markets round off the week higher as investors boosted by improved consumer confidence May 19, 2023 Markets closed higher on Friday as investors were boosted by an increasingly positive consumer outlook in the UK. The capital’s premier index jumped 0.40 per cent to 7,773.80 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, remained roughly steady at 19,300.04 points. Investors were [...]
Russia blood diamonds are latest Kremlin sanction from UK as Sunak goes after 86 more Putin-linked individuals May 19, 2023 Britain is banning Russian diamonds in a new wave of sanctions to pressure Vladimir Putin over his invasion of Ukraine as Rishi Sunak warns allies against complacency at the G7 summit in Japan. The Prime Minister announced the new measures against Russia, also including a prohibition on imports of Russian-origin copper, aluminium and nickel on [...]
