Citymapper smashes fundraising expectations with £6.7m in investment May 14, 2021 Travel app Citymapper has today smashed expectations in its first ever crowdfunding campaign, having so far raised over £6.7m. Over 9,000 investors have so far piled into the firm, which opened the two-day funding campaign with the aim of raising £1m. Investors will get a share of 3.4 per cent of Citymapper, which now has [...]
World Uyghur Congress hits out at City of London Corporation’s China stance May 14, 2021 A non-profit group representing the world’s Uyghur Muslims has accused the City of London Corporation’s bosses of siding “with oppressive Chinese forces” for not holding Beijing to account for its human rights abuses. The World Uyghur Congress sent a letter, seen by City A.M., to City of London Lord Mayor William Russell and the powerful [...]
Six in 10 travelling for work last week as homeworking uncertainty kicks in May 14, 2021 Six in 10 people left home to travel to work in the UK over the last seven days, new data from the Office of National Statistics (ONS) today showed. Though the same figure as last week, it is considerably higher than during the height of lockdown in February, when just 44 per cent of people [...]
Portugal will allow UK tourists in from Monday, despite ‘state of calamity’ restrictions extension May 14, 2021 Portugal will allow UK tourists in from Monday, despite 'state of calamity' restrictions
Financial watchdog proposes stiffer ‘duty’ to beef up consumer protection May 14, 2021 The UK’s financial watchdog has tabled a proposal today for a stiffer “duty” on companies to protect consumers from scams and mis-selling. Mis-sold financial products, including endowment mortgages, pensions and payment protection insurance have plagued retail investors for decades. The Financial Conduct Authority (FCA) said the firms it regulates would need to follow the new [...]
Pendragon facing massive shareholder revolt over pay at AGM – report May 14, 2021 Car dealer Pendragon is facing a huge shareholder revolt over its chief executive’s bonus package at next week’s annual general meeting (AGM). According to Sky News, several of the firm’s directors could be voted off the board in protest over the renumeration of its executives. It reported that remuneration committee chair Mike Wright was looking [...]
London is ‘not safe for everyone all of the time’, Met’s Cressida Dick says May 14, 2021 Metropolitan Police commissioner Dame Cressida Dick has said this morning that the streets of the capital are “not safe for everyone all of the time”. Black communities and women and girls face inflated rates of violence, the commissioner said today, adding that nearly half of London’s homicide victims were Black. “If I look at victims [...]
Consign coal to history ahead of COP26, says Sharma May 14, 2021 Alok Sharma has this morning called on nations around the world “to consign coal to history” ahead of this autumn’s COP26 climate conference in Glasgow. Speaking this morning, the UK’s president for the crunch talks said the G7 economies would lead the way in the quest to stop using the fossil fuel. “Because if we [...]
EP: 57 Newbury, Newmarket & Hong Kong May 14, 2021 It’s the Group One Lockinge Stakes over the straight mile course at Newbury on Saturday where Palace Pier will be sent off the short priced favourite. Newmarket trainer James Tate takes him on with Top Rank who will be looking to win a Group One race for the first time, and James joins us today [...]
Surrey Cricket boss to move on after transformative decade May 14, 2021 Surrey County Cricket Club Chief Exec Richard Gould is to leave the south London institution after a decade in charge. Gould will move on to the same role at Championship football club Bristol City. Surrey’s business model has been transformed under Gould’s tenure, with the year before the pandemic delivering record profits. Read more: Surrey [...]
