Travel stocks continue ascent as London markets post mixed open February 10, 2022 Travel stocks continued their ascent today in a positive day for London markets. The capital’s premier FTSE 100 index closed 0.38 per cent higher at 7,672.40 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, added 0.11 per cent to finish at 22,207.75 points. Airline stocks [...]
Stage is set for another fabulous Crypto AM event February 10, 2022 Crypto AM will next week be hosting its first event of 2022 as 175 guests are invited to the Valentine’s Keynote Panel and Networking Soiree on Thursday February 17 in London.
Labour’s business spokesperson backs easing of EU’s Solvency II insurance regulation February 10, 2022 Labour’s shadow business secretary has said he is in favour of scrapping the EU’s Solvency II directive post-Brexit in a bid to free up insurance firms to plow tens of billions of pounds into the British economy. Jonathan Reynolds said today at a UK Finance event that there was “an argument, not for deregulation, but [...]
Twitter dodges Wall Street tech tumble despite missing analyst expectations February 10, 2022 Twitter appears to have avoided the wrath of Wall Street despite reporting a weaker-than-expected quarterly ad revenue and user growth this afternoon. The social media giant said it had made “meaningful progress” toward its goal of reaching 315 million users and $7.5bn (£5.5bn) in annual revenue by the end of 2023. Although ad revenue for [...]
Binance set to plough $200m into Forbes February 10, 2022 The world's largest cryptocurrency exchange - Binance - is understood to have agreed a $200 million strategic investment in the Forbes publishing house.
Inside Farrer & Co – the blue-blooded law firm that serves Britain’s aristocracy February 10, 2022 Throughout its 300-year history, Farrer & Co has gained a reputation for being London’s poshest law firm. First established in 1701, the firm is famous for serving the elite and acting on behalf of Britain’s aristocracy. The London firm also has longstanding links to the Royal Family, and currently acts as the Queen’s go-to lawyers. [...]
OPEC forecasts rising demand after failing to hit output targets February 10, 2022 OPEC has revealed oil demand could rise even more steeply this year as the global economy recovers from the pandemic.
London drives hotel investment as confidence in sector returns in absence of Covid restrictions February 10, 2022 Some £4bn was pumped into the UK hotel market last year, as the sector eyes the easing of Covid travel restrictions. Investors continued to boost the country’s hotels despite Covid uncertainties, thanks to an improvement in the visibility for future trading, according to research from property adviser Knight Frank. Hotel transaction volumes in the capital [...]
Little Moons set to fetch £100m in private equity bidding war February 10, 2022 An ice cream business that boomed in popularity via TikTok is the focus of a private equity bidding war that could value it at above £100m. Little Moons, which creates Japanese mochi ice cream balls, has surged in popularity thanks to a viral TikTok video and now has five private equity firms readying a bid, [...]
Russia foreign minister slams ‘deaf’ Liz Truss after their Moscow meeting February 10, 2022 Russia’s foreign minister has launched a stinging attack on Liz Truss after their meeting in Moscow today, labelling the UK’s foreign secretary as “deaf” and “selfish”. Truss met with Sergey Lavrov in Moscow to discuss the crisis in Ukraine, with the foreign secretary saying the UK wants to provide a “path of diplomacy” to de-escalate [...]
