AI-driven fintech MDOTM bets on game theory January 24, 2022 MDOTM, a London-based fintech providing AI-driven investment strategies, has acquired the team of Mercurius Betting Intelligence, a company specialized in betting models and sports prediction with artificial intelligence. Following the €6.2m (£5.1m) Series-B round raised in September 2021 – which brought MDOTM’s total funding to €8.2m – the agreement will incorporate Mercurius’ skills in AI [...]
City boom: Banks launch record recruitment drive… yes, despite Brexit January 24, 2022 The City’s banking jobs market is booming in a sign that London is scuppering bets laid on Brexit hitting its attractiveness, reveals a fresh study released today. UK banks have never been looking to hire this many staff, with vacancies in the sector skyrocketing 129 per cent over the last year, according to research carried [...]
Amigo Loans shares slide 40 per cent as lender warns of insolvency risk January 24, 2022 Amigo Loans has warned the company will collapse if a new scheme to pay back customers and restart lending is not approved.
London has bounced back before and it will do again as Covid-19 rules are dropped January 24, 2022 After a tough economic winter, the lifting of the Government’s Plan B restrictions is a much-needed boost for many Square Mile businesses that rely on footfall traffic from neighbouring offices. These businesses have faced exceptionally difficult trading conditions during the pandemic, with the reintroduction of guidance to work from home last month yet another disappointment. [...]
Volkswagen manager fired after raising cyber security concerns January 24, 2022 A senior member of staff at Volkswagen (VW) was reportedly dismissed after raising concerns about the company's payments arm.
Billboard giant Wildstone snaps up Dutch PowerTower in £20m deal to drive European expansion January 24, 2022 Hammersmith-headquartered Wildstone Capital, the fastest growing owner of outdoor media infrastructure assets in Europe, has acquired a Netherlands-based firm as part of a £20m deal
MPs: Online harm bill a “missed opportunity” to rein in tech giants January 24, 2022 Martyn Landi / Press Association The Government’s draft Online Safety Bill would fail to prevent the sharing of the most “insidious” images of child abuse and violence against women and girls, a new report from MPs has warned. The House of Commons Digital, Culture, Media and Sport (DCMS) Committee said the draft legislation is currently [...]
Aviation chiefs call for ‘new normal’ now with testing ditched for fully-jabbed fliers January 24, 2022 AIRLINE bosses have called on the government to rule out the introduction of border closures even if a new Covid-19 variant emerges. The government last week brought an end to so-called Plan B restrictions, which saw self-isolation rules and work from home guidance scrapped. With the UK believed to be past the peak of the [...]
Nusrat Ghani: Boris Johnson orders inquiry over Islamophobia allegations January 24, 2022 The Prime Minister has ordered an inquiry into a Conservative MP’s allegations was fired from a ministerial job as her Muslim faith was making colleagues uncomfortable. Boris Johnson has asked the Cabinet Office to conduct an inquiry into the claims from Nusrat Ghani, Downing Street said on Monday. “As he said at the time, the [...]
Invasion fears: US urges families of embassy staff in Ukraine to leave amid tension with Russia January 24, 2022 The family members of US embassy staff in Ukraine have been ordered to leave the country, amid escalating fears of a Russian invasion. The US State Department told relatives of embassy staff and non-essential embassy staff to leave while also encouraging US citizens in the country to leave. A Russian invasion could occur “at any [...]
