‘Panicked’ solicitor struck off after she hid complaint and sent false email March 17, 2022 A “panicked” solicitor has been struck off the register and told to pay £11,400 after she hid a complaint from her company’s compliance officer and then emailed the client pretending to be her firm’s compliance officer. Elizabeth Nedin, a solicitor at Welsh law firm Philip Avery & Co, intercepted emails complaining about her conduct, and [...]
Property investment firm bags £85m injection for affordable accomodation March 17, 2022 Property investment firm Edmond de Rothschild Real Estate Investment Management (REIM) has bagged an £85m injection for one of its investment funds today to pump into rented accommodation development around the UK.
North Sea round-up: Harbour Energy announces cash bonanza while Shell keeps Cambo stake March 17, 2022 Harbour Energy, the biggest oil and gas producer in the UK North Sea, has revealed it should generate up to $1.7bn (£1.29bn)
IAG offers €100m loan to Globalia for 20 per cent stake in Air Europa March 17, 2022 British Airways’ owner IAG offered today a €100m loan to Air Europa in exchange for a 20 per cent stake in the company. The airline said the seven-year unsecured loan would be offered to the carrier’s owner Globalia and, following regulatory approvals, it could be turned into the 20 per cent share. “This agreement will [...]
Push the boat out on your Irish celebrations with a £1,000 whiskey March 17, 2022 This weekend is the perfect excuse to indulge in some Irish whiskey. But if you’re feeling particularly indulgent, you should get your hands on a bottle of The Craft Irish Whiskey Co.’s new rare release, The Taoscán. The Taoscán is the first whiskey finished in a combination of tawny port and French chestnut barrels. Bottled [...]
The City View: P&O Ferries in hot water, and the Fed and BoE hike rates March 17, 2022 Today Andy Silvester returns to host The City View — he chats to City A.M.’s Economics and Markets reporter Jack Barnett about the Fed and Bank of England’s rate hikes, and the Monetary Policy Committee statement that further tightening of monetary policy may be needed in the next few months. Andy also takes us through [...]
Getir valued at $11bn as rapid grocery app recruits thousands more UK staff March 17, 2022 Rapid grocery delivery app Getir has been valued at $11.8bn (£8.97bn) after the close of a $768m Series E funding round. The food delivery app is nearing 40m downloads in nine countries. The app has declared itself Europe’s first grocery delivery deacorn, having now raised $2bn. Mubadala Investment Company led the funding and the round [...]
BAYC unveils ApeCoin with immediate listing on eToro March 17, 2022 The company behind hugely popular NFT collection Bored Ape Yacht Club - Yuga Labs – has launched ApeCoin (APE) for use within the BAYC ecosystem.
Richard Corrigan on the rise and rise of Irish hospitality March 17, 2022 The past 10 years have been marvellous for changing the profile of Irish food and drink in London. Gone are the days of murky Irish pubs and in their place we’re seeing the rise of a fantastic set of chefs and restaurateurs bringing some of the finest culinary skill to the capital. From one of [...]
Johnson and Sunak announce as large a tax hike in two years as Blair and Brown did in a decade March 17, 2022 In just two years, Prime Minister Boris Johnson and Chancellor Rishi Sunak have announced the same amount of tax hikes as Tony Blair and Gordon Brown did in a decade, reveals fresh research published today. The Conservative duo will swell the UK’s tax burden by around two per cent of GDP after national insurance and [...]
