JD Sports talks Footasylum sale with Aurelius Group amid watchdog order July 20, 2022 FTSE 100 retailer JD Sports Fashion is looking to sell up its Footasylum chain to the Aurelius Group following months of talks with the UK competition watchdog.
Coinbase says it had no financial exposure to bankrupt crypto firms July 20, 2022 Coinbase says it had no exposure to collapsed crypto firms like Celsius, Three Arrows Capital, and Voyager. In a blog post today, the crypto exchange said it had no “financing exposure” to these crypto firms, all of which filed for bankruptcy following the recent “crypto winter” that saw cryptocurrency prices plunge and pummelled the industry. [...]
Ochre restaurant review: Art on the walls and plates at the National Gallery July 20, 2022 The National Gallery seems like the kind of place you go for dinner when you’re a grown up. I’ve wandered past the stately, towering entrance to Ochre restaurant for the past decade, ogling the formidable doormen and wondering what lies inside this easterly stretch of the building that houses so many priceless paintings. Ochre used [...]
Stablecoins will be regulated in the UK with wider crypto regulation to be discussed this year July 20, 2022 Stablecoins will be regulated in the UK in a major move towards crypto asset oversight, with plans to consult on wider crypto regulation later in 2022. The UK’s Financial Services and Markets Bill was presented to Parliament today and widens the UK’s approach to crypto regulation, allowing for stablecoins to be considered as a form [...]
Charlotte Ross stands down as acting editor of the Evening Standard with Jack Lefley taking the reins July 20, 2022 Charlotte Ross has stood down from her role as acting editor, just nine months after taking the top spot from Emily Sheffield.
British passport sixth most powerful in the world while EU states dominate top ranks July 20, 2022 The British passport is the world’s sixth most powerful with visa-free or visa on-arrival access to 187 countries. The UK passport was one place ahead of the US at 186 countries, while EU states dominated much of the top rankings, data from Henley & Partners’ 2022 Henley Passport Index showed. Germany and Spain were joint third, [...]
Apple settles £42m lawsuit over MacBook keyboards July 20, 2022 Apple has settled a $50m (£42m) lawsuit over its MacBook keyboards, after claimants said the tech giant knowingly sold unresponsive keyboards products.
Funding platforms hail Austin Review potential ‘watershed moment’ for retail investors July 20, 2022 Investment platforms have hailed the Austin Review a potential “watershed” moment for retail investors today as ministers and regulators look set to widen access to the UK’s capital markets.
Sham crypto apps have defrauded investors of £35.6m since October, FBI says July 20, 2022 Investors have been scammed out of about $42.7m (£35.6m) through fraudulent crypto apps since October last year, the US Federal Bureau of Investigation said. The FBI identified 244 victims and warned of cyber criminals creating fraudulent crypto investment apps that exploit legitimate cryptocurrency investments. “Cyber criminals seek to take advantage of the increased interest in [...]
Octopus Energy submits the only bid for collapsed supplier Bulb Energy after auction process July 20, 2022 The Government is weighing up Bulb Energy's future after the auction process for the fallen energy firm attracted just one bid.