Twitter launches crypto team in decentralisation push November 11, 2021 Twitter is taking a further leap into the crypto space by launching an in-house crypto team led by Tess Rinearson. In a thread posted to Twitter, Rinearson revealed what the new team will be getting up to with the development of decentralised apps high on the priority list. The workgroup will also explore the promise [...]
Binance Labs ready to kick off season three of pioneering incubator program November 11, 2021 Binance Labs - the venture capital arm and innovation incubator of Binance - is set to begin 'Season 3' of its Incubation Program to support promising projects in the blockchain space.
Nine Elms: Luxury residential tower in Thames City struggles to find buyers November 11, 2021 A residential tower at the centre of the Thames City development in Nine Elms has reportedly struggled to find buyers for its luxury apartments. The skyscraper has sold less than one in 15 homes in its first year of marketing, The Telegraph first reported. The developers have since pointed out to City A.M. that only [...]
Rishi Sunak says government needs to ‘do better’ as Tory sleaze claims pile up November 11, 2021 Rishi Sunak has today admitted the government needs to “do better” as allegations of sleaze and corruption pile up around the Tory party. It comes after Boris Johnson yesterday was forced to insist during a press conference that the UK is “not remotely a corrupt country”. Sunak told Sky News said he regretted last week’s [...]
Steven Gerrard will most likely become Aston Villa’s new manager November 11, 2021 Steven Gerrard is looking increasingly likely to be appointed as the new manager of Aston Villa in place of Dean Smith, who was sacked on Sunday. Bookmakers including William Hill have suspended betting on the 41-year-old Rangers boss, who has reportedly made up his mind to move back south of the border. Gerrard, who has [...]
London grocery delivery app Dija snapped up by rival GoPuff November 10, 2021 London-based grocery app Dija has reportedly been sold to larger rival GoPuff amid fierce competition in the UK’s nascent rapid delivery market. The startup is set to announce the sale tomorrow, just five months after it launched, Sky News reported. While details of the deal will not be disclosed, the takeover will reportedly value Dija [...]
Green aviation is a “fairytale”, say environmental stakeholders November 10, 2021 Without policy and behavioural change, efforts to develop green aviation and zero-carbon flying will not get the sector to reach its targets fast enough, the UK’s Aviation Environment Federation (AEF) argued. “Our politicians seem to be living in a fairytale world where the aviation sector quits its dependence on fossil fuels – and overcomes all [...]
Activist fund Gatemore buys stake in DFS and warns of buyout vulnerability November 10, 2021 Gatemore Capital management has bought a stake in DFS and told its fund investors that the sofa chain is undervalued by public markets and thus ripe for a private equity bid. Adding to its roster of listed British retailers, which includes Moss Bros, French Connection and Superdry, the activist fund told investors last month that [...]
Covid: WHO expert urges world leaders to wear masks as Europe cases climb November 10, 2021 A World Health Organisation (WHO) lead has urged world leaders to wear a mask, just days after prime minister Boris Johnson was seen maskless during a hospital visit. Johnson had been seen posing with masked hospital staff in a corridor at Hexham General Hospital in Northumberland, without wearing a mask himself. Though the prime minister [...]
Big Shoes: City of London Corporation deputy chair frontrunner to succeed Catherine McGuinness November 10, 2021 City of London Corporation chair Chris Hayward is looking like the frontrunner to succeed City veteran Catherine McGuinness when she steps down next year, according to reports. McGuinness’ departure in leaves one of the most powerful jobs in the Square Mile officially up for grabs, after a five year term. While Hayward is expected to [...]