High street weather major shutdown as 10,000 chain outlets disappear in 2021 February 19, 2022 Britain’s high streets saw a major shutdown of chain shops, bank and gyms last year as the pandemic continued to batter the retail and leisure industries, new figures have revealed.
Blavatnik’s firm pumps $4.3bn into sports media group DAZN February 19, 2022 Billionaire investor Sir Len Blavatnik has announced a $4.3bn capital injection into sports media firm DAZN as the firm eyes an expansion into betting, gaming and NFTs.
Cabinet backs plans to clampdown on tech giants with strict new content laws February 19, 2022 Home office plans to roll out world’s most stringent internet safety laws have won the backing of the cabinet as the government looks to shift responsibility for harmful online content on to tech giants.
Energy firms scramble to restore power after Storm Eunice batters Britain February 19, 2022 Energy firms are scrambling to restore power to over 300,000 homes after Storm Eunice swept across the country yesterday, killing at least four people and inflicting severe damage to property.
Why 2021 was such a favourable year for electric cars February 19, 2022 In the words of Erik Fairbairn, chief executive of LSE listed electric vehicle (EV) Pod Point, 2021 was the year electric cars became a mass market. Not only did his company post record profits in the first results since its IPO but, overall, the industry has boomed in the last 12 months. EV output emerged [...]
NAS goes on shopping spree and acquires an additional stake in Menzies February 18, 2022 Kuwait-based firm seems to have gone on a shopping spree today, as it announced its parent company Agility had acquired an additional stake in aviation services giant Menzies. The company said it had entered contracts to buy a further 5.3 million ordinary shares, around 5.8 per cent of Menzies’s issued capital at a price of [...]
Roof of O2 Arena in London ripped to pieces as Storm Eunice batters UK February 18, 2022 The O2 venue in London has been damaged by strong gusts of wind, video footage on social media has shown.
Macron to prop up EDF with over €2bn after imposing price cap on energy firm February 18, 2022 The French government will pump over €2bn into struggling energy giant EDF following its decision to limit its ability to take profits.
Two more energy firms bite the dust as market crisis deepens February 18, 2022 Whoop Energy and XCel Power have ceased trading, with Ofgem pledging to protect its customers and designate a new supplier.
Crypto company Circle doubles valuation to $9bn as it eyes SPAC deal February 18, 2022 Crypto company Circle has doubled its valuation to $9bn after inking a new deal with Concord Acquisition Corp.
