‘The world of Cat TV is more cut throat than you would ever imagine’ – inside the strange business of TV… for cats
Small businesses risk running out of cash after post Brexit banking rules rollout February 16, 2023 New banking regulations could increase the cost of small business lending by around a third and “fundamentally change” the market as debate around the implementation of international banking rules in the UK intensifies. Regulators in the UK are scrutinising the latest round of Basel regulations, the global regulatory overhaul prompted by the financial crisis. Concerns [...]
Ex-spy chief warns balloon ‘gross transgression’ as US denies alien links February 14, 2023 A former head of MI6 has warned of a “gross transgression” by the Chinese authorities in sending a spy balloon into US airspace and urged the UK to “wake up” to the threat posed. Sir Alex Younger, who ran the UK’s foreign intelligence service from 2014 to 2020, told the BBC on 14 February that [...]
ESG: City firms feel pressure of rule changes as clampdown on greenwashing expanded by regulators February 13, 2023 City firms are feeling the pressure of impending environmental, social and governance (ESG) rules this year as regulators expand plans to clampdown on greenwashing, new research has found. Financial firms in the UK have pointed to rules on sustainability as the main pinch point facing them for a second year running, ahead of a major [...]
Microsoft’s Activision Blizzard bid would mean higher prices and less choice for gamers, CMA probe warns February 8, 2023 Microsoft’s proposed acquisition of gaming firm Activision Blizzard could result in higher prices, fewer choices or less innovation for UK gamers, the Competition and Markets Authority (CMA) has said. In the provisional findings of its five-month investigation into the 68.7 billion dollar (£56.7 billion) deal, the CMA said the merger could make Microsoft stronger, stifle [...]
Juventus: Why Italian football’s latest scandal has sent its most successful club tumbling down Serie A – and what it means for Tottenham Hotspur and plans for a European Super League February 7, 2023 While Manchester City are facing claims they systematically broke financial rules, Juventus have already been docked points for their own scandal in Serie A – and it might be about to get worse. Heard the one about the serial domestic champions brought to heel over allegations of systematic abuse of financial regulations? Except this isn’t [...]
Chris Woolard on BNPL, regulatory run-ins and getting financial rulemaking right February 2, 2023 The regulatory veteran wants a rulebook for the 21st century, but getting it right might trump speed, Charlie Conchie writes. Urgent. That was the word used by the former-interim chief of the City watchdog Chris Woolard when he gave his verdict on regulation of buy-now pay-later services in a landmark review two years ago today. [...]
Nuclear Waste Disposal could create thousands of jobs February 1, 2023 Building a geologically safe nuclear waste site deep underground along with the Government’s planned creation of small modular nuclear reactors across the UK could mean thousands of new jobs over the next 25 years whilst ensuring the UK’s future energy needs. That’s according to Corhyn Parr, the woman responsible for the UK’s nuclear waste disposal programme. Ms [...]
In this recession, it’s the tail end set of kids starting work who aren’t alright February 1, 2023 People who started work during lockdowns escaped the fate of those entering the labour market in 2008, but it’s the young people still at university we need to be worried about, writes Sascha O’Sullivan.
Covent Garden owner Capco reports strong rental demand as West End gears up for its £3.5bn merger with Shaftesbury January 30, 2023 Trading conditions across the Covent Garden estate have been positive, in particular a successful Christmas trading period with like-for-like customer sales in aggregate exceeding pre-pandemic levels. Ian Hawksworth, chief executive of Covent Garden estate owner Capco, said: “There is continued momentum at Covent Garden with robust trading conditions, in particular a successful Christmas period,” said [...]
Why Chinese wine is so hot right now January 27, 2023 Sunday marked Chinese New Year, an excellent reason to sample some of the country’s incredible wines. Despite making wine for over 2,000 years, it is only relatively recently that winemaking has increased and started filtering into the UK’s market. “Wine is becoming popular because younger people are more influenced by Western tastes, and grape wine [...]