WeTransfer confirms £524m Amsterdam float next week January 20, 2022 WeTransfer’s parent company WeRock N.V. confirmed this morning that it will float on Euronext Amsterdam, with a market cap of €629m (£524m) and €716m (£596m).
Opinion-in-brief: Gas prices will exacerbate fuel poverty if we don’t act January 20, 2022 Gas prices will perpetuate the cost of living crisis in 2022, with hundreds of thousands of new households at risk of fuel poverty. On top of that, gas boilers still account for one in seven tonnes of carbon the UK emits each year. We need to act. The sooner we adopt low-carbon home heating and [...]
Law sector’s toxic work culture is harming productivity January 20, 2022 The legal sector’s toxic workplace culture is pushing lawyers out of jobs and harming their mental health and productivity, new research shows. More than half of people working in the legal sector have left a job because of toxic culture in the workplace, according to a survey from software company Culture Shift. At the same [...]
Mode CEO quits following controversial Bitcoin cashback announcement January 20, 2022 The chief executive of UK fintech Mode has resigned two months after the company faced backlash for a controversial announcement.
City Pub Group looks to office workers’ return as pub sector faces soaring energy costs January 20, 2022 Premium pub operator the City Pub Group has said it is hopeful the return of office workers will boost its sales in cities across the country. It said there had been a “significant increase in trade” in the last 10 days, which it put down to an increased consumer confidence. The easing of the government’s [...]
Exclusive: Cushon closes £35m funding round to shake up ‘boring’ UK pensions January 20, 2022 Workplace savings fintech Cushon has closed a £35m fundraising round and doubled its assets under management (AUM) to £1.7bn with a new acquisition as it looks to shake up “complicated and boring” UK pensions. The new round of investment, led by existing investors including venture capital firms Augmentum Fintech and AshGrove Capital, takes the total [...]
Christmas sales at Revolution Bars dip as sector welcomes end of Omicron measures January 20, 2022 Revolution Bar Group has posted its disappointing like-for-like sales over the Christmas trading period, when fresh Covid measures hindered pub bosses’ hopes. Like-for-like sales sales for the six week period ending 1 January were down -23 per cent in comparison to the last Christmas before the pandemic struck. Office parties were cancelled in waves as [...]
Amazon to open first US clothes store with a ‘tech twist’ January 20, 2022 Amazon is making another push to grow its fashion business, announcing today that it will open its first-ever clothes store store this year, with a tech twist.
Good Energy offloads solar and wind asset ahead of shareholder showdown with rival firm January 20, 2022 Good Energy has sold a portfolio of renewable sites despite pressure from activist investors to keep hold of its generation assets.
Prince Andrew removes social media accounts following HRH loss January 20, 2022 The Duke of York has not only lost his royal title, but he has also started to strip his online one.
