Bitcoin sinks lower as Putin orders Russian troops to enter Ukraine February 22, 2022 Any hopes of a quick resolution to tensions on the Ukraine border were dashed last night, with Russian president Vladimir Putin ordering his military to enter eastern Ukraine.
Caffè Nero sales almost hitting pre-Covid levels despite Omicron dent February 22, 2022 Coffee chain Caffè Nero has said its sales have returned to more than 90 per cent of pre-Covid levels. The firm reported trading for its half-year to November 2021, as well as annual results for the financial year ended May 2021. While the mergence of the Omicron Covid variant saw office workers working from home, [...]
Hargreaves Lansdown records slump in profits as pandemic investment surge settles February 22, 2022 Retail investment platform Hargreaves Lansdown recorded a dip in profits for the first half of its financial year as the pandemic boom in trading volumes began to settle.
Bitcoin dips as crypto markets spooked by threat of war February 21, 2022 The crypto markets took a tumble over the weekend, with investors continuing to look jittery about the situation on the Ukraine border.
Made.com chief steps down due to family reasons February 21, 2022 Chief executive of Made.com Philippe Chainieux has said he is leaving his post because of family reasons. “I have to pause my professional activities to take care of my family,” said Chainieux, who has been with the retailer for about nine years and oversaw its London stock market debut during the pandemic. In an announcement this [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 18, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Quadrant Real estate asset management and development company Quadrant has appointed a new associate partner from CBRE. Onder Atasayar joins from CBRE where he was responsible for developing the company’s portfolio valuation models and overseeing quarterly valuation of [...]
Horizon scandal: MPs back sub-postmasters to get ‘full, fair and final compensation’ February 17, 2022 MPs have come out in support of the victims of the Post Office Horizon scandal, calling for full compensation for the sub-postmasters affected.
MPs call for full compensation for postmasters falsely accused of theft in Horizon scandal February 17, 2022 The government should ensure the 555 postmasters wrongly accused of theft in the Horizon scandal receive full compensation, according to MPs on Westminster’s Business, Energy and Industrial Strategy (Beis) Committee. The committee today said it was wrong that some of the victims would be left worse off than others and that everyone involved should get [...]
Ofcom urged to probe Royal Mail’s performance as millions of Brits are left without mail February 17, 2022 Close to 15m people were left waiting for post over the Christmas period, including 2.5m who missed important documents, health appointments, or were unable to pay a fine or bills, according to new research. More than half of those left waiting (54 per cent) reported going at least a week without letters, while 3 per [...]
Power cuts, snow, ice and travel disruption across the UK as Storm Eunice takes over Britain February 17, 2022 The Met Office has issued an amber warning for strong winds covering central Scotland, parts of Northern Ireland and northern England above Hull over the evening, with yellow wind warnings in place as far south as Birmingham. The UK faced strong winds and heavy rain last night, causing power cuts and travel disruption with Storm [...]