Atom Bank mulls going public after £75m funding round February 16, 2022 Digital bank Atom Bank has closed a £75m funding round which values the firm at £435m as it gears up for a potential flotation on the stock exchange.
Cruise control: The world’s best river cruises for wine lovers February 15, 2022 Sailing along the mighty rivers of Europe can be a delight for the palate as well as the eye. A new generation of river cruises will allow discerning passengers to taste their way through the land of the noble grape: fine Austrian Sekt; chilled tawny Port; and Riesling from Franconia in the northwest of Bavaria. [...]
Pinsent Masons cuts desk space in Edinburgh after moving to new offices February 15, 2022 Pinsent Mason’s has cut the number of desks available to staff in its Edinburgh offices, after moving in to new premises, in a bid to free up space and adapt to the future of hybrid working. The London headquartered law firm is set to cut its desk space by 20 per cent, in seeking to [...]
Former Post Office call for former chiefs to face prison time following Horizon scandal February 15, 2022 Former Post Office sub-postmasters and mistresses have called for former bosses to face prison time as they continue to provide evidence for the public inquiry on the Horizon scandal, which started this week. More than 700 branch managers were given criminal convictions between 2000 and 2014 when faulty accounting software called Horizon made it look [...]
Ukraine: Kremlin claims victory over the west as Putin backs off troops February 15, 2022 Russia has begun to pull back troops from the Ukrainian border in a major de-escalation of tensions, with the Kremlin claiming victory over the west in an apparent concession that there will be no invasion. Russian media reported this morning that military units had been pulled back from the Ukrainian border, after a statement from [...]
Metro Bank CFO quits as full year results loom February 15, 2022 The chief financial officer for Metro Bank has quit with the company's preliminary financial results expected as soon as next week.
Geopolitics has put Bitcoin to the test – what happens next? February 15, 2022 Geopolitical issues, including the heightening Ukraine-Russia tensions, will drive Bitcoin’s increasing mass adoption, says Nigel Green.
New Peloton chief bats away takeover talks after Amazon and Nike investor buzz February 14, 2022 Peloton’s new chief exec has denied claims that the firm is gearing up for sale, subduing investor excitement that the fitness company was about to be scooped up by Amazon or Nike.
Exclusive: What the departure of Lloyd’s of London would mean for the City February 14, 2022 Lloyd’s of London may be leaving its gigantic headquarters in the City. A pandemic-induced hit to office footfall has left it mulling a move to another location. The company told City A.M. recently it is weighing up leaving iconic headquarters’ as it seeks out ways to adapt to shifts in working habits brought about by [...]
Potential breakthrough as West may concede to Putin: Ukraine to drop NATO to avoid war with Russia, says diplomat in UK February 14, 2022 Ukraine may consider dropping its ambition to join NATO to avoid war with Russia, its country’s ambassador in the UK has suggested. Vadym Prystaiko told BBC Radio 5 that the country would, due to threats and blackmail, consider “serious concessions” including removing the goal of joining the NATO alliance from the Ukrainian constitution. It comes [...]