UK’s first queer museum founder: ‘It’s not just another bar, you know?’ May 5, 2022 Queer Britain, the UK’s first ever queer museum opens its doors today, taking over the grand old industrial building in King’s Cross’s Granary Square that was once home to the House of Illustration. The intimate space is the first iteration of Queer Britain, with director and co-founder Joseph Galliano hoping to gain funding for a [...]
Channel 4 finally fights back against Dorries’ privatisation push May 5, 2022 Channel 4 revealed the true extent of the government’s privatisation detour this morning, outlining how last week's white paper undermined its own 'levelling up' objectives and questioned the very core of the broadcaster's purpose.
Bitcoin gets a spring in its step again as US looks to tame inflation May 5, 2022 The price of Bitcoin edges closer to $40,000 and Ethereum goes above $2,900 as crypto markets shake off recent slump.
1 Minute Market Rundown – 5th May 2022 May 5, 2022 | City Talk Powell Not as Hawkish as Market Priced In…But Not Dovish By Any MeansCrypto Bounces with Risk Assets So the highly anticipated FED meeting came and went and all things considered…we feel we are exactly where we were before the meeting minus a little bit of cleaner positioning in the market. If you will recall yesterday’s [...]
Co-operative Bank posts profitability for fifth quarter in a row May 5, 2022 The Co-operative Bank has achieved profitability for its fifth quarter in a row, after posting pre-tax profits of £30.5m. The Manchester headquartered bank said its profits had increased for the fourth consecutive quarter, as its earnings were bolstered by its mortgage business. The bank said its net income had increased 36 per cent year-on-year [...]
Virgin Money UK reports profit boost thanks to rising interest rates and unsecured lending May 5, 2022 Virgin Money UK posted a boom compared to 2021 figures, with underlying profit increasing 58 per cent to £388m, reflecting stronger income.
Crossrail is (almost) complete but the battle for TfL funding is far from over May 4, 2022 The ‘Lizzie Line’ is good news for London – but it might be the last for a while without a funding settlement for the transport network It says something that the relationship between London’s mayoral leadership and Westminster is now so toxic that both sides are attempting to claim credit for a project three years [...]
London misses out as Binance taps Paris as home of European HQ May 4, 2022 Crypto exchange Binance has confirmed Paris will be the home of its European Headquarters after securing approval from local regulators.
Hitting the high note: Providence puts music catalogue up for sale in £479m mega deal May 4, 2022 Just as other private equity funds are snapping up music catalogues, Providence Equity is preparing to sell up. According to reports from the Financial Times, Providence is looking to sell the Tempo song catalogue, which includes hits from rapper Wiz Khalifa and Twenty One Pilots, for an estimated $600m (£479m). It is understood that the [...]
American Dream: FanDuel’s US dominance saves Flutter from revenue dips in UK and beyond May 4, 2022 Betfair owner Flutter posted revenue growth of six per cent across the group driven by continued strong recreational player momentum with average monthly players up 15 per cent to 8.9m.