Unlocking the true potential of renewables March 7, 2022 | Sponsored This article was written by Jonathan Parr, Head of Energy at Triple Point Energy Efficiency Infrastructure Company (TEEC). Find out more about TEEC – www.tpenergyefficiency.com Battery storage is fundamental to a greener future – but we don’t have nearly enough. Here lies an opportunity… The UK has committed to net zero emissions by 2050. That’s an ambitious [...]
Ukraine crisis highlights Europe’s dependency on Russian gas March 7, 2022 | City Talk Russia is currently facing the ire of the world following its illegal invasion of Ukraine, which is bringing misery to millions. It is also the second largest producer of natural gas in the world. It serves European consumers of energy through a number of pipelines. Proximity and the ease of transport means supplies from the [...]
Shape Of You: Ed Sheeran defends hit song in copyright legal battle March 7, 2022 British pop singer Ed Sheeran has given evidence at the High Court this morning as his three-week copyright case over the hit song Shape of You continues. Sheeran is involved in a dispute with two songwriters Sami Chokri and Ross O’Donoghue who claim that the 2017 tune rips off parts of their song Oh Why. [...]
Crypto markets slip into the red as Ukraine crisis shows no signs of resolution March 7, 2022 The price of Bitcoin is currently down three per cent over the past 24 hours and changing hands for around $38,100.
Watchdog gives Amigo Loans green light to resume lending following customer compensation backlash March 7, 2022 Shares in the sub-prime lender Amigo Loans soared as much as 81 per cent this Monday after a financial regulator said the firm could resume lending subject to conditions and if its new business rescue plan was approved by the High Court. Amigo’s stock took a beating last year after the High Court stated that it [...]
South Kensington’s The Exhibitionist Hotel sold for £10.6m March 7, 2022 BNP Paribas Real Estate has sold the iconic The Exhibitionist hotel in South Kensington for £10.6m to an undisclosed buyer. Following a competitive bidding process on behalf of its unnamed client, the 37-bed freehold boutique hotel on Queensberry Place was snapped up for 15 per cent over its quoting price; it is the first time [...]
Private equity deals made by the mega rich hits highest in a decade March 7, 2022 The value of UK private equity deals undertaken by wealthy individuals has hit the highest in a decade, doubling to £2.3bn last year. According to data from law firm Boodle Hatfield, low interest rates have made it easier for the society’s most affluent to fund private equity deals, with many looking to access asset class [...]
Editorial: Oil ban dilemma points to sad truth that there are no good choices left March 7, 2022 If, as the US Secretary of State Antony Blinken hinted at yesterday, the European continent is set for a Russian-oil-free future, the implications will be enormous. Energy prices, already high, will spike further. Vast swathes of the continent – and the UK’s – manufacturing sectors will be forced to hike prices too, creating the sort [...]
A third of mid-market firms were whacked by hacker outages in 2021 March 7, 2022 New research has revealed that one in three mid-market firms suffered from a hacker induced outage in 2021. According to a report by cyber firm Censornet, one in five companies were forced to pay hackers to deactivate ransomware, with the average pay-out hitting £144,000, and seven per cent handing out more than £500,000. “For the [...]
Caretech founders gear up for privatisation takeover March 6, 2022 Founders of Caretech Farouq and Haroon Sheikh are gearing up to make an offer, which could see the residential care company delisted from the London market. According to reports from Mark Kleinman for Sky News, the brothers are in financing talks to launch a takeover bid for the firm. The Sheikhs, who are executive chairman [...]