Minister: UK imperial and Commonwealth ties to India will help secure trade deal June 24, 2021 The UK and India’s shared imperialist and Commonwealth history will help the two countries close a trade deal, according to trade minister Ranil Jayawardena. Jayawardena also told City A.M. in a wide ranging interview that a trade deal would help the UK have more “honest conversations” with India over things like its human rights and [...]
Bitcoin: is it still worth it? June 24, 2021 That Martini Guy takes a look at the narratives currently surrounding Bitcoin, particularly the arguments about energy use.
888 Holdings secures gambling licensing deal with Sports Illustrated June 24, 2021 888 Holdings has today announced an agreement to develop US media firm Sports Illustrated (SI) into betting and casino games in the US. The deal is the latest branding tie-up between an established betting company and a sports media brand, a model used in partnerships between Stars Group and Fox Bet. 888 plans to launch [...]
Democracy is full of powerful symbolism, but is it still functional in modern Britain? June 24, 2021 “Democracy is the worst form of government except for all those other forms that have been tried,” Winston Churchill famously said. While any reasonable democrat is willing to concede democracy is imperfect, few are willing to accept change is necessary. The idea of democracy is often lost in bold, symbolic rhetoric. It is, after all, [...]
FCA boss vows transformation after MPs slam historic ‘culture’ failings over mini-bond collapse June 24, 2021 The Financial Conduct Authority said it was embarking on a “wide-ranging transformation programme” after MPs lambasted it for historic failings relating to the collapse of London Capital & Finance (LCF). A report from the influential Treasury Select Committee of MPs said that a change in the FCA’s “culture” was required to protect consumers from a [...]
John McAfee found dead in his Spanish prison cell June 23, 2021 Computing legend John McAfee has been found dead in his prison cell – just weeks after his devoted wife said her husband faced dying behind bars.
Channel 4 privatisation risks pulling the plug on UK production June 23, 2021 When Thatcher’s government set up Channel 4 back in 1982 as the boisterous youth-focused challenger to the BBC behemoth, it was a radical shake-up of Britain’s fusty broadcasting landscape. Now, almost four decades later, that same landscape is unrecognisable, its skyline dominated by the giants of the internet and streaming age. It’s in this context [...]
Labour says government should intervene in private equity takeover of Morrisons June 23, 2021 Labour has called on the government to confirm it will intervene in any private equity takeover of Morrisons to secure binding commitments about the buyer’s business plan, on jobs and on pensions. Morrisons revealed this weekend it had rejected a £5.5bn takeover bid from private equity firm Clayton, Dubiliter & Rice (CD&R), saying it believed [...]
Vivendi shareholders back $40bn Universal Music Spac deal June 22, 2021 Shareholders in Vivendi today backed the company’s plans to spin-off its $40bn Universal Music Group through a Spac deal, marking a major boost for billionaire owner Vincent Bollore. Pershing Square Tontine Holdings, a blank-cheque company run by Bill Ackman, has signed a deal to buy 10 per cent of the iconic record label for $4bn. [...]
4 fantastic permanent jobs open in London right now June 22, 2021 Now is a great time to make a change. There’s something about the summer air that puts a real pep in your step, so why not really lean into it? You may have been thinking about getting a new job for a while, perhaps now is the time to go for it! If you are [...]