Crypto.com admits $34m stolen from user accounts in hack January 20, 2022 Trading platform Crypto.com has admitted that $34m (£24.9m) was stolen from user accounts by a hacker.
Conservatives get cold feet over new City Hall, with £14m transformation unfinished January 20, 2022 London’s new City Hall opened today to mixed reviews, as the building remains unfinished amid its £14m transformation. The building, based in the Royal Docks and formerly a conference centre, is not expected to be completed until the end of February. “I’m excited today that we are opening this new chapter in City Hall’s and [...]
Reeves: UK has had a ‘lost decade’ of economic growth under Conservatives January 20, 2022 The UK has had a “lost decade” of economic growth under the Conservatives and the country is heading for another decade of “anaemic growth”, Rachel Reeves has said. Labour’s shadow chancellor used a set-piece speech in Bury today to once again position Labour as an unapologetically pro-business party under Sir Keir Starmer and herself, saying [...]
Airline shares end higher following Ryanair’s ‘sea change’ comments January 20, 2022 Shares of European airlines ended higher today as a result of Ryanair’s ‘sea change’ comments. The Dublin-based carrier ended 4.2 per cent higher, while British Airways’ owner IAG and Easyjet went up 1.60 and 3.29 per cent respectively. Earlier today, low-cost carrier Ryanair said it had registered a ‘sea change’ in customer confidence over the [...]
Around the world in 155 days: 19-year-old is the youngest woman to complete solo journey January 20, 2022 Belgian-British 19-year-old Zara Rutherford has entered the Guinness World Records after she became the youngest woman to fly solo around the world. During her 52,080km journey, which took her 155 days, Rutherford visited 31 countries, taking off from Belgium on 18 August towards the Atlantic. After stopping in Iceland and Greenland, she flew through the [...]
FTSE 100 stocks to watch January 20, 2022 With January underway, we look at two high volume FTSE 100 stocks that you should keep an eye on in the coming months. 1. Lloyds In mid-December 2019, Lloyds was worth a respectable 64p per share. But after the pandemic-induced mini-crash, it had collapsed to 25p by September 2020. But after significant volatility, it’s recovering in the [...]
Bulb Energy: Doomed supplier owed £254m to customers in pre-paid energy bills January 20, 2022 Bulb Energy owed £254m to customers who had paid for their electricity and gas in advance ahead of its collapse, according to the latest reports.
Wincanton continues to reap rewards of pandemic-era eCommerce boom January 20, 2022 Supply chain partner Wincanton has continued to reaped the rewards of the pandemic-era eCommerce boom, after revenue from the eFulfilment sector has soared over 50 per cent. Total revenue for the group rose by 15 per cent, in comparison with the same quarter last year, Wincanton confirmed in its third quarter trading update today. The [...]
Brits to shoulder worst cost of living squeeze since 1991 January 20, 2022 Brits are set to shoulder the worst cost of living squeeze since the early 1990s, ignited by swelling energy bills and food prices compounding to spike household budgets. This week’s higher than expected inflation reading bounced one the world’s top investment bank’s cost of living forecasts. Wall Street titan Goldman Sachs lifted its expectations for [...]
Oil: Market rally drums up hopes of $100 prices amid tightening supplies and international tensions January 20, 2022 Rebounding demand, tightening supplies and geopolitical tensions could power oil prices above $100 per barrel for the first time in eight years.
