Crypto company BitMEX makes bid for one of Germany’s oldest banks January 18, 2022 Bitmex has announced plans to snap up Germany's 268-year-old Bankhaus von der Heydt to create a digital assets "powerhouse" in Europe.
Crypto.com boosts venture capital arm to $500m to back Web 3.0′ startups January 18, 2022 Crypto exchange Crypto.com has bolstered its venture capital arm’s fund size to $500m.
UK-built Mars rover passes pre-flight tests with flying colours January 18, 2022 The European Space Agency’s Mars rover has passed all its tests, making it ready for launch in September. The Rosalind Franklin rover, built by Airbus in the UK, has some ‘minor tuning’ left but will be ready to search for signs of life on Mars in the near future. Head of Space Exploration at the [...]
Half of UK motorists plan to buy a car in 2022 January 18, 2022 Around 49 per cent of UK motorists plan to buy a car this year, according to research from Close Brothers Motor Finance (CBMF). A third of car owners have stated they will go for a new model, while 18 per cent have said they will buy second-hand. As a result of the pandemic, UK adults [...]
Kampay to deploy blockchain to areas of Africa without internet access January 18, 2022 Utility token Kampay is set to open up internet access to the huge populations across the continent without a connection.
Post-Brexit crackdown: City watchdog threatens to boot EU firms out of London if they are not in the capital for the long haul January 18, 2022 The City watchdog has today threatened to chuck European finance firms out of London if they do not intend to stay in the capital for the long haul in a bid to take back control of the Square MIle after Brexit. The Financial Conduct Authority (FCA) issued a stark warning to EU banks, brokers and [...]
Government will take almost 400 years to complete cladding remediations at current pace of fund January 18, 2022 The government is anticipated to take almost 400 years to fix buildings affected by unsafe cladding, should works continue at their current pace. A dozen unsafe buildings – who have been registered with the government’s £5bn building safety fund – have seen remediation works completed. Out of 3,191 buildings with non-composite material cladding initially registered [...]
Sunak breaks cover to say ‘of course’ he believes PM in Downing Street parties saga January 18, 2022 Rishi Sunak has made a public appearance for the first time in a week to say “of course” he believes Boris Johnson’s claims that he thought lockdown-busting Downing Street parties were work events. Sunak said Johnson “has set out his understanding of this matter in parliament last week” and refused to say whether he unequivocally [...]
Government doubles Magistrates’ sentencing powers to cut Crown Court backlog January 18, 2022 Magistrates will be given new powers to jail people for up to a year, therefore doubling magistrates sentencing powers, in a bid to reduce the backlog faced by Crown Courts. Under current rules, magistrates have the power to hand down six-month jail sentences, meaning any cases that warrant a longer sentence must be passed [...]
Vertical Future revels in £21m funding round as it plots dominance of controlled farming sector January 18, 2022 Vertical Future have secured £21m in Europe’s largest ever Series A raise in the vertical farming industry.
