Ed Sheeran and co-songwriters handed £900k in legal costs for Shape Of You copyright win June 21, 2022 Ed Sheeran and two songwriting partners were handed more than £900,000 in legal costs after winning a High Court copyright case over accusations that he ripped off other artists for his 2017 hit Shape of You. Sheeran was involved in the 11-day trial with two songwriters Sami Chokri and Ross O’Donoghue who claimed that he [...]
1 Minute Market Rundown – 21st June 2022 June 21, 2022 | City Talk US Bank Holiday Quietens the MarketCrypto and Risk Markets Hold InCommodity Prices Begin to Rollover It took it being a US bank holiday but we finally had a quiet day, hallelujah! Equity futures, which were open, pointed higher and as such we saw a pause in the risk sell off. The USD continued to give [...]
Former staff sue Tesla over ‘mass layoffs’ June 21, 2022 Former employees at Tesla are suing the electric vehicle maker for carrying out what they say are “mass layoffs“, which they claim violated the law by not giving advance notice. In a lawsuit filed in Texas on Sunday, two former employees at the company’s Nevada factory allege Tesla violated the Worker Adjustment and Retraining Notification (WARN) Act [...]
More strikes incoming: Union to ballot over Royal Mail postman pay row June 21, 2022 The union representing staff at Royal Mail have said they will hold a ballot that could lead to even more strike action over pay, adding to the rail and tube mayhem seen this week.
Covid hospitalisations in England up 24 per cent from last week June 21, 2022 Coronavirus hospitalisations in England have surged by almost 25 per cent in the last week, as cases spread like wildfire once more across the globe. New figures released by the NHS this week highlight 5,726 beds occupied by Covid patients as of 20 June, up from 4,602 on the previous Monday. The spike in cases [...]
Bitcoin price shows signs of recovery as major cryptocurrencies push to the upside June 21, 2022 The price of Bitcoin is up another six per cent over the past 24 hours, changing hands for more than $21k this morning.
UK set to become largest entertainment and media market in Europe June 21, 2022 The UK is set to overtake Germany in becoming the biggest entertainment and media market in Europe.
Centrica slams Ofgem after regulator hesitates over ringfencing June 20, 2022 Centrica boss Chris O'Shea has reignited calls for the ringfencing of consumer balances, and has urged Ofgem to speed up reforms.
Conservatives received £500,000 donation from crypto lobbyist before crypto push June 20, 2022 The Conservative Party received a £500,000 donation from a crypto lobbyist two months before the government announced plans to make the UK a “global cryptoasset technology hub.” Thailand-based businessman Christopher Harborne donated the amount on 9 February 2022, the Electoral Commission website showed. The Conservatives announced in April their intentions to make the country a [...]
Crypto recovers slightly following sharp decline June 20, 2022 The prices of major cryptocurrencies rose following a steep decline over the weekend. Bitcoin rose by 6.91 per cent today to trade at $20,662.75 while Ether jumped 8.56 per cent to trade at $1,122.26. Cryptocurrencies crashed over the weekend as a feared crypto winter set in. Bitcoin dropped below $20,000 to lower than $17,800 on [...]