Stripe and Spotify pair up to help creators better monetise on subscriptions January 25, 2022 Stripe has partnered with Spotify to help podcasters accept payments, launch recurring revenue streams, and deepen connection with fans.
Ukraine: Starmer calls for UK to block Russian access to City of London January 25, 2022 The UK must block Russia from the City of London’s web of financial services firms if it invades Ukraine, Sir Keir Starmer has said. The Labour leader said Boris Johnson must make “tough decisions” when drawing up potential sanctions against the Kremlin, including “cutting Russian access to the international financial system” and stopping the “illicit [...]
Bridgepoint sells off Element Materials to Singaporean Temasek for $7bn January 25, 2022 Element Materials Technology has been snapped up by Singapore-based Temasek from British investment giant Bridgepoint today. A deal has been on the horizon for some time, with Element rumoured to be in the sights of investment duo Cinven and Canada Pension Plan Investment Board in November. London-based Element, which offers testing services for materials used [...]
Rolls-Royce encourages regions to bid on manufacturing site for small modular reactors January 25, 2022 Aero-engine maker Rolls-Royce has invited bids from regions in England and Wales build its planned fleet of small modular reactors (SMRs).
British factories prepare to launch quickest price hike cycle since 1977 January 25, 2022 British factories are preparing to launch a rapid cycle of price rises to offset a cost onslaught, reveals a closely watched survey released today. The fresh print adds to agitation at the Bank of England over inflation becoming entrenched in the UK economy as a result of businesses baking in soaring costs to their pricing [...]
Abrdn and Citi consider offering investors tokenized stakes in buildings January 25, 2022 Abrdn is reportedly partnering with Citi to allow investors to purchase digital tokens in funds, buildings and infrastructure assets.
Metropolitan Police told to pay £230k to eco-activist tricked into relationship by undercover police officer January 25, 2022 The Metropolitan Police have been told to pay £230k to an environmental activist who was deceived into entering a long-term relationship with an undercover police officer, who had been sent out to gather intelligence on protest movements. The Investigatory Powers Tribunal ordered the Metropolitan Police to pay £229,471.96 for breaching the activist’s human rights, after [...]
Martin Gilbert’s AssetCo agrees £98.8m all-share takeover of River & Mercantile January 25, 2022 Martin Gilbert's investment vehicle AssetCo has agreed a £98.8m takeover of listed asset management firm River & Mercantile.
Volkswagen and Bosch join forces to develop hands-free software by 2023 January 25, 2022 Volkswagen and Bosch have announced they will work on the development of a self-driving software that will be installed on vehicles from 2023. Using data from Volkswagen, Bosch and Cariad – the car maker’s software subsidiary – will develop a level 2 system to enable hands-free driving in cities, motorways and rural areas. A level [...]
Some of Sue Gray report into Number 10 parties scandal could still be released this week January 25, 2022 The Sue Gray report into the Downing street parties scandal may still be partially released in the coming days, despite the newly launched police investigation. A Number 10 spokesperson said the Metropolitan Police will not investigate all allegations of Covid rule-breaking in Downing Street and Whitehall – only those parties that “reach their threshold” needed [...]