Has the falling price of Bitcoin turned a corner? February 1, 2022 The Bitcoin price is up nearly three per cent this morning at just above $38k, having yesterday climbed above $38,500 for the first time in more than a week.
Downing street launches charm offensive to woo Klarna into London listing February 1, 2022 Downing Street is attempting to woo buy-now pay-later giant Klarna into a London-listing over fears that high-growth firms may snub the city for New York, according to reports.
The charge of the activist investors February 1, 2022 Analyst investors have been on the charge in the UK, Charlie Conchie asks why.
PM pulls out of tech chief meet-up following Sue Gray party report February 1, 2022 The Prime Minister pulled out of a well-publicised meeting with tech chiefs yesterday as he focussed on responding to the report into lockdown parties at Downing Street.
Editorial: The activists are a welcome sign of faith in the City’s future January 31, 2022 The City is not always portrayed well in the wider media, but a certain kind of Square Mile institution was rather effectively deployed at the beginning of Monty Python’s The Meaning of Life. The Crimson Permanent Assurance, a “once proud family firm fallen on hard times,” fights back against its new ownership by the Very [...]
Lucozade targets tired office workers as new Alert energy drink hits the shelves January 31, 2022 Lucozade is focusing on products that will perk up tired workers, the beverage maker’s COO for Great Britain and Ireland told CityA.M. While the brand’s flagship Lucozade products have long been staples for sport fans and gym goers, a new product Lucozade alert is targeting those in need of a mental boost. During the pandemic, [...]
UK is lagging behind on crypto assets, says Philip Hammond January 31, 2022 The UK's former chancellor has warned Britain will lose its competitive advantage in financial services if it does not ramp up its crypto efforts.
Construction giant Midas confirms intentions to appoint administrator after tumultuous year January 31, 2022 Construction titan Midas has confirmed it is planning to appoint an administrator after the firm experienced financial woes in the past year. The Devon-based firm filed a £2m loss last year, marking its first deficit in 40 years of trading. Rival firms have reportedly approached Midas about a possible rescue deal, according to trade publication [...]
Warehouse investment hits record levels as e-commerce fuels boom in demand January 31, 2022 Investment into warehousing and logistics hit record levels in the UK last year fuelled by a boom in online retail brought on by the pandemic.
Johnson unveils ‘Brexit freedom’ bill to shed EU regulation January 31, 2022 The government is set to bring forward a new “Brexit Freedoms” bill, which aims to make it easier to shed EU regulations post-Brexit. Number 10 said tonight that the reforms will cut £1bn of red tape, with the proposed measures set to be published by the government later today. It added that the new bill [...]