Elon Musk says X to file ‘thermonuclear’ lawsuit against media watchdog November 18, 2023 X Corp, formerly known as Twitter, will file a lawsuit against Media Matters and those who attacked social media platform X, Elon Musk said on Saturday in a post on the platform, soon after major U.S. companies paused their advertisements on the site. “The split second court opens on Monday, X Corp will be filing [...]
F1 drivers SLAM ‘incredibly expensive’ Las Vegas ticket prices November 17, 2023 Tickets for the Las Vegas F1 Grand Prix have dropped by over $500 as demand for the glitzy race seems to have been overestimated. Tickets were available on US site TickPick from $1,500 when they went up for sale but can now be purchased from as little as $900. Admissions for yesterday’s practice and tonight’s [...]
FRP Advisory reports ‘strong’ trading as company administrations jump November 17, 2023 FRP, one of the country's leading restructuring firms, said today it expected to report revenue growth of 19 per cent for its half year.
London’s economy is a microcosm for our success but we’re ignoring ways to help it November 17, 2023 London’s West End is a microcosm of much of the wider economy: it has small independent businesses in sectors such as food, big high street chains in its bars and retail.
UK banking industry set to become ‘less competitive’ as taxes surge to new highs November 17, 2023 The banking sector contributed £41bn in the year to March, up £2.2bn from the previous year, according to the annual report from PwC for banking trade body UK Finance.
As London loses firms to the US, our obsession over regulations is a distraction November 17, 2023 The idea regulations need to be trimmed back is a pure distraction from the real problems that London faces, writes Daniel Valentine
Crypto custody licence granted to Commerzbank November 16, 2023 Commerzbank AG has been handed a cryptocurrency custody licence in Germany to launch a “broad range of digital asset services”.
Hotel Chocolat’s sweet £534m Mars deal leaves London market on a sugar high November 16, 2023 Charismatic founder, Angus Thirlwell, told City A.M that the business “really valued” its time on the London market.
Bank of England finds no evidence of greedflation among UK firms November 16, 2023 Firms in the UK and the EU have not been using the cover of inflation to gouge their customers, new research from the Bank of England suggests.
Worst corporate jargon of the week: Fireside chat November 16, 2023 Offender: Fireside chat What does it mean? Largely unclear but denotes some kind of informal chat. There is no fire involved. The term originated with President Roosevelt, who gave a series of evening radio addresses between 1933 and 1944 designed to provide assurance and familiarity to Americans during the fallout from the Great Depression. Its [...]