Citigroup to increase crypto exposure with bitcoin futures trading August 25, 2021 Citigroup, one of the world’s largest currency trading banks, is awaiting regulatory approval to begin trading bitcoin futures. The bank confirmed it is looking to increase its clients’ crypto exposure by trading bitcoin futures contracts on the Chicago Mercantile Exchange (CME), a popular forum for digital asset trading among institutional investors. Futures trading allows investors [...]
Local councils in Britain staring into £3.1bn funding blackhole August 25, 2021 Local councils in Britain will look to scrap projects and essential services as they grapple with a combined £3.1bn funding blackhole. Councils across England, Wales and Scotland face record financial shortfall in 2022/23 which will likely will lead to huge service and staff cuts at local authorities unless the government urgently finds the money to protect communities, the Unison union [...]
Venues ‘far from out of the woods’ on pingdemic August 25, 2021 The hospitality sector has called on ministers to “move more quickly” to resolve staffing issues. Major food operations including McDonald’s, Nandos and Greggs have been forced to shut venues or take popular items off menus amid a shortage of delivery drivers. What’s more, trade body UKHospitality has said pubs and restaurants are still being impacted [...]
Goldman Sachs and Credit Suisse impose vaccination requirements on US staff August 25, 2021 Goldman Sachs and Credit Suisse have strengthened vaccine requirements for US employees and their American offices. Goldman Sachs told staff anyone entering its US premises must be vaccinated and asked workers to wear masks in offices from Wednesday, even if they are vaccinated, according to an internal memo seen by Reuters. Double jabbed staff members will [...]
Souad review – a sobering Egyptian coming-of-age tale August 25, 2021 There are a lot of dramas that make you question the number of times you look at your phone in a day. For her debut narrative feature Souad, Egyptian director Ayten Amin takes the familiar posts and emojis of social media and put them in the contexts of her homeland. Set in a strictly religious [...]
Shakespeare: John Lewis making a savvy move into financial products August 25, 2021 John Lewis recently announced that – in collaboration with Nutmeg – it would be rolling out a new line of investment products, with customers who have saved during the pandemic front of mind. Data from YouGov BrandIndex and YouGov Profiles suggests it may be a savvy move. Across a number of metrics John Lewis has [...]
ONS: Remote working to stimulate employment among older Brits, adding billions to UK economy August 25, 2021 Remote working could stimulate employment rates among older workers, potentially adding billions to the UK economy, according to fresh figures published today. Data from the Office for National Statistics shows older workers who have switched to working from home entirely are more likely to retire later than those who are still working in physical work [...]
OnlyFans u-turns on sexually explicit content ban August 25, 2021 OnlyFans has “suspended” a proposed ban on sexually explicit content after facing backlash from creators and users. In a statement posted on Twitter the company said: “Thank you to everyone for making your voices heard. We have secured assurances necessary to support our diverse creator community and have suspended the planned October 1 policy change. [...]
FCA says it cannot supervise crypto exchange Binance effectively August 25, 2021 UK Financial Conduct Authority (FCA) has admitted that it is “not capable” of effectively supervising Binance, the world’s largest crypto exchange by trade volume in a statement published today. In a supervisory note the watchdog today reiterated its concerns over Binance’s products, which allow consumers to take supercharged bets, and added that the crypto exchange [...]
The wild ride towards going live as Chintai looks to scale things up August 25, 2021 Crypto AM's Jillian Godsil meets David Packham, CEO of up-and-coming digital assets platform Chentai.
