Senior Tory MP Geoffrey Cox starts £400k-a-year job at City law firm November 8, 2021 Senior Tory Geoffrey Cox has revealed he has started a £400,000-a-year job at a City law firm as parliament prepares to discuss whether MPs should be able to have lucrative second jobs. Cox, a former attorney general, started his new role at multinational law firm Withers LLP on 1 November and will be working 41 [...]
Ethereum sets new record high as US mayors compete for Bitcoin pay November 8, 2021 It’s been a strong start to the week for the Bitcoin price, which is up around six per cent over the past 24 hours to just below $66k.
Athens calling: UK airlines prepare for Greece summer boom November 8, 2021 UK airlines are increasing the number of flights to Greece in preparation for next summer’s boom in tourism, the Financial Times reported. Carriers are ramping up their pre-pandemic capacity, with Jet2 adding 1 million seats compared to 2019’s capacity and Easyjet increasing its tickets by 500,000. “Having met most of the tour operators and airline [...]
World to miss 1.5C climate target despite COP26 pledges, says trade secretary November 8, 2021 The world is on course to miss its target of limiting global warming to 1.5C, despite the pledges made at COP26, trade secretary Anne-Marie Trevelyan said today. Instead, it is expected that the climate will be limited to 1.8C, independent analysis has revealed. Over the last week, world leaders have committed to strings of pledges [...]
Under-fire Liberty Steel owner Sanjeev Gupta faces French investigation November 8, 2021 French authorities are investigating Sanjeev Gupta’s business dealings, according to The Financial Times. Gupta is the chairman and CEO of GFG Alliance, which specialises in mining, industry and trading. The firm has been struggling with rising energy costs and the collapse of Greensill Capital which funded many of its acquisitions worldwide. The Paris Prosecutor’s Office [...]
Bitcoin ETF may have driven hype and price – but is it for you? November 8, 2021 Bitcoin ETFs are, according to Crypto AM columnist Nigel Green, an important milestone in the mass adoption of Bitcoin and other cryptocurrencies - but are they for you?
University students could be key to solve the hiring crisis November 8, 2021 As the UK hopes for a more normal Christmas this year, businesses fear they’ll be left understaffed as job vacancies total over one million. Companies are scrambling to solve the short-term hiring crisis with various incentives, but a long-term solution could be the under-utilised workforce of hundreds of thousands of students. Students tend to have [...]
China’s Gopher Investments muscles in on London-listed Playtech takeover November 8, 2021 Gopher Investments, the second-largest shareholder in online gaming and sports betting platform Playtech, has opened talks about a possible takeover. The move follows Playtech giving the green light to gaming technology firm Aristocrat for some 680p per share – or £2.7bn on an enterprise value basis. The discussions are still in their early stages but [...]
Twitter has spoken: Tesla shares fall as Musk abides by poll November 8, 2021 Tesla’s Frankfurt-listed shares have gone down 9 per cent after Elon Musk decided to sell 10 per cent of his quota following a Twitter poll. On Saturday, the chief executive – who is in the race to become the world’s first trillionaire – launched a Twitter poll asking users whether he should sell a consistent [...]
Green tech Recycling Technologies to list in £40m London IPO November 8, 2021 UK green technology company Recycling Technologies has announced its intention to float on London’s junior AIM market in an £40m IPO. Founded in 2011 by automotive engineer Adrian Griffiths, Recycling Technologies’ main product is a mass producible machine, called the RT7000, which processes plastic waste into a synthetic oil that can then be sold back [...]
