Hacker behind biggest ever DeFi attack returns $342m – CityAM : CityAM August 12, 2021 The hacker who stole $600m of assets from the Poly Network earlier this week has returned the majority of the money after sharing a bizarre self-interview. Poly Network has confirmed that $342 of the stolen millions have been returned to them as of today. $4.6m was sent as Ethereum, $252m was sent as BSC and [...]
London rent prices fall furthest for expensive central properties – CityAM : CityAM August 12, 2021 Rent prices have fallen by an average of 6 percent across London with expensive properties in the city centre seeing the biggest reductions. Data published by Zoopla for the year ending June 2021 revealed that Tower Hamlets saw the greatest reduction in rent prices of any London Borough. Prices are down 8.5 per cent with [...]
London hotel rooms empty as holidaymakers favour rural staycations – CityAM : CityAM August 12, 2021 London hotels have been dealt an unenthusiastic staycation trade while their regional counterparts have capitalised on international tourism constraints. Online travel platform Booking.com told City A.M. that while staycations were at the forefront of UK holidaymakers’ minds with travel restrictions not going anywhere, cities were not the top choice. “In terms of locations, it appears [...]
UK GDP soars in second quarter as Covid unlocking turbo-charges economy : CityAM August 12, 2021 The burst in consumer spending triggered by the gradual lifting of Covid prevention measures in April and May boosted the UK economy in the second quarter, according to fresh official data released today. Figures from the Office for National Statistics reveal the UK economy grew 4.8 per cent in the second quarter of this year, [...]
International energy watchdog predicts slump in oil demand in second half – CityAM : CityAM August 12, 2021 The resurgence in new Covid cases globally triggered by the spread of the Delta variant will hit oil demand in the coming months, according to the international energy watchdog. The International Energy Agency said the fresh wave of Covid infections in Asian countries is likely to curb oil consumption as authorities reimpose restrictions on economic [...]
Shakespeare on advertising: Farage lifeboat attack gives RNLI a boost – CityAM : CityAM August 12, 2021 On July 28, ex-UKIP leader and current GB News host Nigel Farage attacked the Royal National Lifeboat Institution (RNLI) – describing them as a “taxi service” for illegal trafficking gangs because they rescue migrants at risk of drowning in the channel. If his aim was to discredit the charity, it had the opposite effect. Data [...]
XRP takes limelight as bitcoin stumbles at $47k – CityAM : CityAM August 12, 2021 Crypto at a Glance Bitcoin’s ascent continued yesterday, though the largest cryptocurrency by market cap has pulled back somewhat this morning from highs of nearly $47k. It’s down 2% over the last 24 hours at time of writing, changing hands for around $45,200. The markets generally continue to look in buoyant spirits though, with the [...]
How to build the best digital marketing team August 12, 2021 No matter the size of your organisation, it’s increasingly important to have a strong digital marketing strategy. And finding the right people to create and effectively execute that strategy is key. But where to start, especially if your marketing team is a team of just a few people or even no one at all? Here [...]
London-listed Seraphim injects $6.5bn into space tech in just six months – CityAM : CityAM August 12, 2021 Seraphim has injected $6.5bn into space tech in the past six months, 85 per cent of what it invested in the whole of last year. The total half-year figure spans 172 transactions, dwarfing the 221 the space investor secured in 2020’s full-year. The space tech sector experienced a record-breaking quarter in terms of financing in [...]
A quarter of staff not allowed time off to get Covid jab – CityAM : CityAM August 12, 2021 Covid vaccinations are crucial in rebuilding confidence in the economy and protecting people against the virus, however a quarter of workers were not given time off to get the jab, a new survey finds. Research by the public body Acas found one in four employers did not allow staff to take time off to not [...]
