Experts predict surge in NFT related fraud in 2022 March 21, 2022 The number of NFT related frauds jumped five fold in the UK last year with the rise likely to continue according to industry experts.
US investment firms snap up BETA+ for $1.1bn from London Stock Exchange Group March 21, 2022 Investment giant Clearlake Capital and tech specialist Motive Partners have come together to snap up data firm BETA+ from the London Stock Exchange Group today, for a value of $1.1bn.
Inspired Energy’s shares slide as concerns over Gazprom Energy’s future mount March 21, 2022 Inspired Energy's shares have sunk on the FTSE AIM All-Share today, warning of a £3m hit if Gazprom Energy ceases trading
Inflation to climb again in fiscal headache for Sunak March 21, 2022 Inflation in the UK will accelerate to its highest rate since 1991, according to bets placed by City economists on Wednesday’s fresh data released ahead of Chancellor Rishi Sunak’s spring statement. The rate of price rises will breach six per cent, new figures from the Office for National Statistics (ONS) will show. Rising energy and [...]
As London faces off threats to its global status, Dubai is waiting in the wings March 21, 2022 Since the result of the 2016 Brexit referendum on our future in the world and beyond the single market, one of the issues which has caused most angst and speculation has been the status of London as one of the world’s greatest financial centres. With the end of free movement of goods, services and people, [...]
Push the boat out on your Irish celebrations with a £1,000 whiskey March 17, 2022 This weekend is the perfect excuse to indulge in some Irish whiskey. But if you’re feeling particularly indulgent, you should get your hands on a bottle of The Craft Irish Whiskey Co.’s new rare release, The Taoscán. The Taoscán is the first whiskey finished in a combination of tawny port and French chestnut barrels. Bottled [...]
Businesses could waste over £30bn worth of energy this year March 17, 2022 eEnergy says UK businesses waste £33.9bn worth of energy in 2022, enough to power Greater London for over seven years.
London’s startup community is thriving off of the full scale of investors’ tolerance for risk March 17, 2022 Last month London celebrated yet another fintech triumph. PrimaryBid, a young company that provides retail investors with fair access to public markets, secured an impressive $190m of venture funding. The size of this Series C financing round, and the involvement of internationally renowned investors provided yet more validation that world-beating start-ups are increasingly being created [...]
Easing fears over Chinese economy lift London’s indexes March 16, 2022 Cooling fears over a potential slowdown in the Chinese economy boosted London’s top indexes today. The capital’s premier FTSE 100 index climbed 1.62 per cent to 7,291.68 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, soared over three per cent to reach 20,905.54 points. Renewed [...]
Hong Kong developer swoops in with £96m steal for Vauxhall Square site March 16, 2022 Vauxhall Square in London has been sold by a Chinese developer for £96m, which is a reported discounted price of 42 per cent. A subsidiary of Hong Kong-based company the Far East Consortium International (FEC) swooped in for the 14m square-foot site, buying it off rival firm, Guangzhou-based R&F Properties, on the cheap. It was [...]