Government invests £1.3m into family mediation scheme, to cut divorce court backlog January 24, 2022 The government is set to invest a further £1.3m into its family mediation scheme, in an effort to keep divorce cases out of court. The new funding will provide an additional 2,440 vouchers for mediation services, with a view to freeing up space in divorce courts to cut the backlog built up during Covid-19. In [...]
Perth-based miner Artemis Resources announces intention to float on London Stock Exchange January 24, 2022 Perth-based and ASX-listed miner Artemis Resources has announced its intention to gain admission to the London Stock Exchange.
UK begins to withdraw embassy staff from Ukraine amid fears of Russian invasion January 24, 2022 The UK and US have moved to withdraw some of their staff from their respective Ukraine embassies as fears continue to mount that Russia is preparing to launch a military invasion of its neighbour. The Foreign Office said there were increased fears over a Russian attack on Ukraine and said the situation had become “highly [...]
Panasonic invests £522m to produce Tesla EV batteries January 24, 2022 Panasonic has sold its stake in electric car maker Tesla for $3.6bn, a spokesperson for the Japanese company said today. The sale comes as Panasonic looks to raise cash for investing in growth and to reduce its dependence on Tesla. The electronics firm is dominated by Elon Musk’s company, but the two have often had a rocky relationship with executives trading barbs publicly.
Slow bleed out of crypto continues, but can the US central bank deliver positive news? January 24, 2022 The slow bleed we’ve seen in the crypto markets accelerated on Friday, with the Bitcoin price dropping below $40k and falling to £35k.
WikiLeaks’ Assange heads to Supreme Court amid ongoing extradition battle January 24, 2022 WikiLeaks founder Julian Assange will be able to go to the Supreme Court to challenge a decision allowing him to be extradited to the United States to face 18 criminal charges including breaking a spying law.
Letters: we must be clear on what’s green January 24, 2022 [Re: Bye bye to gas? No, it’s too soon, January 17] Last week’s letter by Richard Lum suggested the Institutional Investors Group on Climate Change’s open letter to EU Member State representatives calling for gas to be excluded from the EU Taxonomy was “well-intentioned” but “very one-dimensional” and that investors should not be presented with [...]
Brookfield taps up London team to expand hedge fund business into Europe January 24, 2022 Canadian investment giant Brookfield Asset Management is expanding its hedge fund footprint into Europe.
Law firms opt for M&As over listing in plans to grow in 2022 January 24, 2022 Almost half (47 per cent) of UK law firms are considering mergers and acquisitions, as they seek to expand their geographical footprints and scale up their businesses, according to a poll commissioned by M&A broker Acquira. In a poll of 100 law firms, 47 said they are currently planning a merger or acquisition, with small- [...]
Opinion-in-brief: Netflix says next episode please as shares plummet January 24, 2022 As Boris Johnson lifted Plan B restrictions last week, many rejoiced – but not Netflix. The streaming giant has reaped the rewards of people staying at home. But last week, Netflix’s shares plummeted 20 per cent as new subscriber numbers fell short of expectations. Another 18.2 million people signed up for the platform – roughly [...]
