Ethereum’s merge makes crypto more palatable, but to whom? September 22, 2022 Kevin Murcko, CEO and founder of Coinmetro, analyses Ethereum's 'Merge' and believes its timing was no accident.
Rees-Mogg faces attacks from Tory MPs on plans to scrap fracking ban September 22, 2022 Business secretary Jacob Rees-Mogg has faced a series of attacks from the Tory backbenches over the government’s plan to lift the England moratorium on fracking. Rees-Mogg today told MPs that opposition to lifting of the fracking ban was “sheer Luddite-ry”, after the government last night released a British Geological Survey (BGS) into the practice. The [...]
Failure to cut energy demand risks ‘reckless’ waste of taxpayer money September 22, 2022 Capping energy prices without boosting insulation would risk a “reckless” use of taxpayers’ money, warned the Social Market Foundation.
Two BP workers dead after refinery blaze September 22, 2022 Two BP workers have died following a fire at an oil refinery. The unnamed workers were stationed at bp-Husky Toledo Refinery in Ohio, the US. In a statement, BP said: “It is with deep sadness we report that two bp staff injured in a fire at the bp-Husky Toledo Refinery have passed away.” “Our thoughts [...]
UK music biz struggles to keep up with pre-pandemic economic boom September 22, 2022 The UK music industry is still struggling to keep up with pre-pandemic levels, as the sector calls for more support. According to fresh data from industry body UK Music, the sector’s contribution to the UK economy in 2021 was £4bn – up 26 per cent on the £3.1bn figure for 2020, but still down 31 per [...]
Letters: Online safety is back, back again September 22, 2022 [Re: Online safety rules for tech firms must encourage – not restrict – future growth, August 31] The Online Safety Bill, a landmark piece of legislation which has been five years in the making, has stirred up a lot of debate in recent months and is being watched closely by regulators all over the world. [...]
Media and tech players in different states as we head into recession September 21, 2022 Summer is over and the nights are becoming longer. In addition, the increasing gloom on the weather front is matched by a similar gloom when it comes to the consumer. The rise of double-digit inflation, with skyrocketing energy bills, has dominated headlines and driven UK consumer confidence, according to GfK, down to historic low levels. [...]
We’re hardwired to accept bumper salaries for sports stars but not our City bankers September 21, 2022 In a bid to prove her free market credentials – and those of her chancellor – Liz Truss has widely trailed the idea of lifting the cap on bankers’ bonuses. Cue outrage from the usual quarters. At the same time, there was another headline in the Guardian on remuneration which might be thought would cause [...]
Worcester Warriors creditor raises questions over Sport England loan September 20, 2022 Sport England have been dragged into the row over financially troubled Premiership rugby outfit Worcester Warriors with one creditor raising questions around a £15m Covid-19 loan. In allegations set out in summarised correspondence to Sport England seen by City A.M., the creditor, who wishes to remain anonymous, alleges that the organisation – which acted as [...]
Beyond Meat exec arrested for biting man during road rage incident September 20, 2022 A top executive at one of the world’s biggest fake meat sellers has been arrested for biting flesh off another man’s nose, according to US media reports. Douglas Ramsey, who joined Beyond Meat last December, faces charges of third-degree battery and “terroristic threatening,” police reports show The 53-year-old chief operating officer was arrested on Saturday [...]