Muslim dating app Muzmatch loses trademark battle with Tinder owner April 20, 2022 The firm behind Tinder and Hinge has won a court battle with a British dating app for Muslims Muzmatch after it was accused of copying its product.
Our high streets need a new lease of life but forced auctions could be fraught with uncertainty April 20, 2022 This week, the government unveiled plans to revitalise high streets up and down the country. Under the new policy – which will only be revealed in full during the Queen’s Speech next month – landlords will be forced to rent out shops that have been vacant for more than six months. The aim is to [...]
From Barnet to Fulham via Camden and Southwark: Here are London’s most expensive and decadent rental properties April 19, 2022 While the average London tenant will pay £1,574 per month, the average cost of residing at the very top of the capital’s rental market comes in at a huge £23,839, – a 1415 per cent rental price premium. London-focused rental platform Rentd looked at the average cost of renting in each London borough before comparing [...]
BMO Commercial Property Trust doubles down on industrial pivot as London portfolio shrinks April 19, 2022 BMO Commercial Property Trust has been successful in its pivot towards logistics real estate after demand for offices faltered as a result of the pandemic. The British fund kicked off the year on “a much brighter note” with fewer Covid-19 restrictions, having sold off nearly £200m worth of property in the year to 31 December, [...]
Gove has signed a cladding deal – but it could kickstart a fight over affordable homes April 14, 2022 Political tensions enmeshed in the cladding crisis have raised their ugly heads again this week, as developers have come out and argued they won’t be able to build enough affordable homes if they’re made to pay even more for cladding remediation. Levelling Up Secretary Michael Gove has secured his first real win, with a deal [...]
‘Piecemeal’ reforms leave UK rental sector littered with discrimination and health risks April 13, 2022 The UK’s rental sector is littered with unlawful discrimination and health and safety risks after “piecemeal” reforms, according to a report from a committee of MPs today. More than one in eight privately rented homes in Britain pose a serious threat to people’s health and safety, while around one in four landlords are unwilling to [...]
Bieber and Paltrow among celebs pouring $87m into NFT firm Moonpay April 13, 2022 Crypto startup Moonpay has raised $87m (£67m) from dozens of celebrity investors including Justin Bieber, James Corden and Gwenyth Paltrow.
City Moves: Who’s switching jobs in the Square Mile? April 13, 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. LHV UK Fintech and crypto banking services provider LHV UK has bolstered its board with an independent non-executive director. Stepping onto the board at the beginning of May, Keith Butcher joins the City based firm with a raft [...]
Knight Frank: UK house price growth will peak as cost-of-living climbs April 13, 2022 UK house price growth is thought to have peaked and will begin its descent away from record figures as the cost-of-living crisis in the country swells, researchers at Knight Frank forecast. With runaway inflation and rising energy bills, the list of obstacles in front of house buyers has continued to grow exponentially since the pandemic. [...]
Sorare still confident of Premier League NFT deal and preparing US sports expansion April 12, 2022 Sorare, the NFT-based fantasy football platform valued at $4.3bn last year, remains confident of signing a deal with the Premier League despite suggestions it had missed out. The fast-growing French tech company has targeted licensing agreements with football’s top 20 leagues and already has contracts with Spain’s LaLiga and Germany’s Bundesliga. NFTs – non-fungible tokens, [...]