Palihapitiya-backed Spac agrees merger amid Uyghur backlash January 19, 2022 A SPAC backed by billionaire Chamath Palihapitiya has agreed to merge with a healthcare firm amid backlash this week over comments on China’s Muslim Uyghur population.
Pearson ups profit expectations as it gears up for new offerings January 19, 2022 Pearson raised its full year guidance this morning, following a strong financial performance in 2021, with group sales up eight per cent.
Boris Johnson faces rebellion as 2019 MPs try and force no-confidence vote January 19, 2022 Boris Johnson will try to save his premiership today as he faces a mounting rebellion from 2019 intake MPs trying to force a no-confidence vote in his leadership of the Conservative party. Johnson will appear at Prime Minister’s Questions (PMQs) today with rumours swirling that he is about to face an imminent challenge to his [...]
Dairylea ad banned for showing children eating upside down January 19, 2022 A Dairylea ad, which showed two young girls hanging upside down, has been banned by the advertising watchdog for condoning unsafe behaviour for children.
Former KPMG partner fined £150,000 for misleading regulator January 19, 2022 Britain’s accounting watchdog has fined former KPMG partner Stuart Smith £150,000, after he admitted misleading the regulator during a spot inspection. Smith and KPMG admitted misleading the UK’s Financial Reporting Council (FRC) during its inspection of an audit of data management firm Regenersis’ financial statements. Smith will also be banned from the Institute of Chartered [...]
Atempo Growth launches debt fund with $200m raise to tap into European tech January 19, 2022 Growth debt platform Atempo Growth has announced the launch of its debut fund in London with commitments of over $200m.
Opinion-in-brief: Time to get off the hamster wheel of animal cruelty January 19, 2022 Yesterday, Hong Kong authorities announced they would cull 2,000 small animals – mainly hamsters – because they had caught Covid-19. There is no evidence that pets can transmit the virus to animals. It is reminiscent of the Danish PM’s decision to cull all minks in the country in 2020. The mink massacre led to the [...]
UK’s second lockdown was based on ‘wildly incorrect’ Covid-19 modelling, MPs told January 19, 2022 The prime minister imposed the UK’s second lockdown based on “wildly incorrect” Covid-19 modelling which was leaked to the press, MPs have heard. The model, from Cambridge University and Public Health England (PHE) warned of 4,000 deaths a day by the end of December. Deputy chairman of the Covid-19 recovery group, Steve Baker advised Boris [...]
FCA prepares to turn screws on crypto advertising January 19, 2022 The UK's financial watchdog has said it is preparing to toughen up advertising rules for high-risk investments including crypto.
Average UK house price was £271,000 in November as 2021 prices ‘defy gravity’ January 19, 2022 UK average house prices increased 10.0 per cent over the year to November 2021, up from 9.8% in October 2021, official figures have revealed. According to the Office for National Statistics house price index, the average UK house price was £271,000 in November. This was £25,000 higher than the same time the year prior. Jamie [...]
