Man charged with murder of London university student Sabita Thanwani March 22, 2022 A 22-year-old man has been charged with the murder of student Sabita Thanwani, who was found at City University accommodation in Clerkenwell on Saturday, the Metropolitan police have confirmed today. Maher Maaroufe is due to appear in Highbury Corner Magistrates’ Court this morning. Thanwani, 19, was found with “serious neck injuries” early Saturday morning at [...]
Oxford Nanopore Technology has spike in revenue but losses up more than £100m March 22, 2022 A UK-based technology research firm has had spike in revenue by £30m, but an almost £100m loss from 2020. Oxford Nanopore Technologies, which develops state-of-the-art technology to analyse individual molecules, increased its intake to £134m in 2021, up from £114m. The company’s gross profit was up from 41 per cent to almost 55 per cent, [...]
Lockdown DIYers push B&Q owner Kingfisher past £1bn profit March 22, 2022 Kingfisher’s sales shot up last year as the B&Q owner became the third UK retailer to exceed £1bn profit. The home improvement behemoth joined retail titans Tesco and Marks & Spencer when it revealed its profits had reached record levels on Tuesday. Lockdown DIYers sent sales past £13bn for the year to 31 January, thanks [...]
Going Nuclear: Can Boris Johnson really ramp up nuclear power? March 22, 2022 Nuclear power requires a clear strategy - with an established pipeline of funding - to contribute to the UK's energy strategy.
Letters: Give me an A for Aria March 22, 2022 [Re: Inbound boss of Cummings’ brainchild ARIA withdraws, March 17] The Government’s prized new innovation agency, ARIA, is off to a shaky start. Like most people in the UK’s R&D space, I was excited when the Government announced that they were launching ARIA. The initial plans certainly ticked a lot of the right boxes, with [...]
IT provider Softcat ‘re-doubles’ cyber defences amid Ukraine conflict March 22, 2022 IT infrastructure provider Softcat has been ‘re-doubling’ on its cyber defences amid Russia’s invasion of Ukraine, its CEO confirmed today. The company has been supporting customers with the heightened risk of cyber attacks, CEO Graeme Watt said in a statement, adding that “we are closely evaluating and managing any business risks that may arise as [...]
YouGov hits ‘record performance’ as demand for data remains strong March 22, 2022 Shares in YouGov climbed nearly eight per cent this afternoon after the London headquartered market research giant reported a “record performance”. Whilst organic revenue was up 25 per cent to £101.2m the firm made significant strides with its acquisition of Swiss LINK Marketing Services AG, data products and research service offerings. Data products revenue increased by [...]
European Investment Bank-backed climate data firm snags £33m in funding March 22, 2022 Holborn-based climate and energy data analytics company Kayrros has snagged €40m (£33.5m) in its latest funding round, as investors seek to unlock the net-zero benefits of space. The company, backed by the European Investment Bank and BNP Paribas’ VC arm, specialises in geospatial detection technologies – which analyse satellite images to assess the climate costs [...]
City Moves: Who’s switching jobs in the Square Mile? March 22, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Savills Savills has appointed a new head of diversity and inclusion (D&I) for its UK businesses. Joining from the Department of Health & Social Care where she was deputy director of D&I for wellbeing and culture, Chanelle [...]
FSB urge Chancellor to ease pressures on businesses ahead of Spring Statement March 22, 2022 FSB calls on Sunak to cut fuel duty, help micro-businesses with energy bills and increase employment allowance to £5,000.
