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Canadian startup Clearbanc raises capital at nearly $2 billion valuation

Canadian startup Clearbanc raises capital at nearly $2 billion valuation

2021-04-20T13:11:40Z

Next boss sees pay balloon to £3.4m despite pandemic woes

Chief executive Lord Simon Wolfson enjoyed a 28% pay hike thanks to a £2.4 million long-term shares bonus award.

2021-04-20T14:40:21Z

Mobile games developer Huuuge says it is looking at five takeover targets

Mobile games developer Huuuge says it is looking at five takeover targets

2021-04-20T11:56:41Z

Mulberry launches ‘sustainability manifesto’ to transform supply chain

The fashion brand said it is aiming to create a transparent “farm to finished product” supply chain.

2021-04-20T12:10:14Z

Premier League data rights company worth $3bn after New York float

Premier League data rights company worth $3bn after New York float

2021-04-20T13:21:18Z

Young and broke: the unemployment problem for under 25s in London

I see unemployment is back below 5%, so that’s good news right? It is, but don’t get carried away. Some sectors of the population, and some regions, are faring far worse than others. Notably, the under 25s in London, probably because they are most likely to be looking for work in sectors that have been shut: bars, restaurants, theatres, other performance industries. The 18 to 24 age group has seen the greatest decrease in pay-rolled employees...

2021-04-20T15:06:34Z

Where can I trade dogecoin? DOGE mania drives crypto to record-high price

DOGECOIN has become the most talked-about cryptocurrency on the market despite long-time traders looking down on the "memecoin" only a few months ago - but where can you buy and trade dogecoin?

2021-04-19T19:08:58Z

The real owners of these brands might surprise you

Are your favourite products as independent as you think they are? The real companies behind the brands.

2021-04-19T21:40:19Z

Drinking around the world: Romanian wines to die for

My introduction to Romanian wine was inauspicious. It came in one of Count Dracula’s tourist castle hotels in Transylvania. We The post Drinking around the world: Romanian wines to die for appeared first on CityAM.

2021-04-20T11:31:57Z

City watchdog warns social media over investment offers

The City regulator has warned social media sites it may take action if they continue to promote risky and sometimes fraudulent investments to often inexperienced consumers. The Financial Conduct Authority is concerned about the growing influence that sites such as YouTube, Instagram and TikTok are having on a new breed of mainly younger DIY investors, who it believes are taking big financial risks when investing in cryptocurrencies, foreign...

2021-04-20T15:40:17Z

Crypto inflows hit $4.9 billion as of mid-April: Coinshares data

Crypto inflows hit $4.9 billion as of mid-April: Coinshares data

2021-04-20T14:46:56Z

Dogecoin price prediction: Will DOGE hit $1 this year? 'FOMO factor is at fever pitch'

DOGECOIN took the internet by storm this month when it shot to a record-high price, only to keep on rising to new heights. As crypto traders scramble to jump on the DOGE hype train, what are the chances of Dogecoin hitting £0.72 ($1) this year?

2021-04-16T13:06:14Z

Cashback in shops ‘must be part of wider strategy to help those relying on cash’

Which? said introducing cashback without purchase is a significant step forward and has the potential to make a big difference in communities.

2021-04-20T15:10:19Z

Bezos bets on the barbers: Amazon to open London hair salon

US tech giant Amazon has announced it will open a huge hair salon across two storeys in London’s Spitalfields. The The post Bezos bets on the barbers: Amazon to open London hair salon appeared first on CityAM.

2021-04-20T14:02:00Z

Mulberry ramps up sustainability pledges as retailers scramble to boost environmental reputations

Mulberry has become the latest retailer to ramp up its sustainability measures as the spotlight on environmental and social issues The post Mulberry ramps up sustainability pledges as retailers scramble to boost environmental reputations appeared first on CityAM.

2021-04-20T15:32:00Z

Dogecoin rallies as much as a fifth as traders aim for record highs on DogeDay

Dogecoin rallies as much as a fifth as traders aim for record highs on DogeDay

2021-04-20T12:51:08Z

UK could have bitcoin digital currency within two years

BRITAIN could soon have its own digital currency. Bank of England and Treasury experts will look at the pros and cons of the idea - dubbed Britcoin - and it could be established in just two years.

2021-04-20T11:50:34Z

Options on Coinbase Global start trading in robust volume

Options on Coinbase Global start trading in robust volume

2021-04-20T14:06:51Z

WeWork to accept crypto payments

Shared office space provider WeWork has announced it will be accepting cryptocurrency payments from clients. The post WeWork to accept crypto payments appeared first on CityAM.

2021-04-20T13:16:58Z

Dogecoin mania at fever pitch as fans try to push the joke crypto to a new high on '4/20' marijuana day

Dogecoin's price shot up over 400 per cent over the last week to sit at $0.41 today, just a few cents shy of its all-time high of $0.43, which it hit on Friday.

2021-04-20T12:41:30Z

Relief for trapped savers as M&G reopens property fund after nearly 18 months

M&G said it now has 'suitable liquidity' for client withdrawals, as well for those who want to remain invested, having reduced the portfolio's risk.

2021-04-20T15:56:23Z

Sony reverses PS3 store shutdown as gamers still struggle to buy new PS5 console

Sony has reneged on its announcement to shut the PlayStation Store on the PS3 and PS Vita, so gamers will be able to continue to buy games on older consoles. The console giant cut off access to its old web store, with users being met only by an error page in March 2021. It was originally planning to remove support for the PlayStation Store on 2 July, but the company now says that was the “wrong decision”. “When we initially came to the decision...

2021-04-20T13:24:41Z

The dinosaur can't evolve - it's time for tech and crypto to take over

Legacy banking has become a joke, a dinosaur that fails to cope with the fast paced, ever-changing technological climate, says Dr Chris Kacher. The post The dinosaur can't evolve - it's time for tech and crypto to take over appeared first on CityAM.

2021-04-20T11:47:09Z

Johnson ordered to set up irresistible low-taxes free market to see Brexit Britain succeed

BORIS JOHNSON has been ordered to make dramatic regulation and tax changes for the benefit of Brexit Britain.

2021-04-20T12:05:29Z

Spain’s CaixaBank planning over 8,000 job cuts in banking’s biggest staff reduction

The move, described as “savage” by the unions, would also close 1,534 branches following the lender’s merger with Bankia

2021-04-20T16:08:39Z

British logistics sector reaps benefits of unexpected Brexit boost as economy bounces back

SOARING demand for warehouse space and customs clearing services has seen a string of behind-the-scenes British firms reap an unexpected Brexit benefit.

2021-04-20T15:35:37Z

Green return or high risk bond? Electric car chargers offer 9% return

Iduna plans to add 50 new chargers to the 130 it already owns by raising £4m via Abundance, which specialises in environmental and social projects.

2021-04-20T11:44:44Z

SoftBank-backed WeWork to begin accepting payments in cryptocurrencies

SoftBank-backed WeWork to begin accepting payments in cryptocurrencies

2021-04-20T11:46:36Z

Property: Home workers could be in for ‘nasty surprise' if they don't check insurance

PROPERTY experts have shared a contents insurance warning for those working from home. Experts warned that home workers could be in for a "nasty surprise" if they don't check their contents insurance.

2021-04-20T11:20:26Z

Dogecoin price: DOGE 'gold rush' may still end in 'catastrophic crash', warns expert

DOGECOIN'S unexpected bull run through the crypto markets may have been welcome news to holders, but some analysts fear the inherent volatility and speculation behind DOGE's rising price could lead to a "catastrophic crash".

2021-04-19T17:53:57Z

Kia receives over 1,000 EV6 pre-orders in UK alone

Demand in Europe might be quite significant.

2021-04-20T11:08:21Z

Innospec drops pursuit for UK rival Elementis after takeover approach rejection

Innospec drops pursuit for UK rival Elementis after takeover approach rejection

2021-04-20T16:11:13Z

Brexit bonanza! £100billion India deal on track despite Boris Johnson scrapping visit

BORIS JOHNSON's decision to cancel his planned trip India will not derail a proposed trade deal which could worth up to £100billion, a financial analyst has insisted.

2021-04-20T12:42:46Z

Illegal workers at curry house 'stripped off and hid in toilets' in immigration raids

ILLEGAL workers at a popular curry house stripped off and hid in the toilets during an immigration raid, it has been claimed.

2021-04-20T15:42:40Z

Johnson & Johnson posts $100m in Covid vaccine sales as profit jumps

More than $100m in sales from its Covid vaccine helped pharmaceutical giant Johnson & Johnson (J&J) beat revenues and profit expectations today. The post Johnson & Johnson posts $100m in Covid19 vaccine sales as profit beats expectations appeared first on CityAM.

2021-04-20T12:16:56Z

Britcoin: What is a CBDC? Bank of England proposes new Central Bank Digital Currency

CHANCELLOR Rishi Sunak has unveiled an exciting proposal for a British Central Bank Digital Currency or CBDC called Britcoin - but what exactly is a CBDC and how could it help Britain move into the future of digital banking?

2021-04-20T15:09:30Z

Will Dogecoin crash?

DOGECOIN has emerged as an unlikely contender on the cryptocurrency market, where it has made a killing over the last couple of months thanks to widespread popular appeal. Will Dogecoin crash?

2021-04-20T16:09:33Z

Mulberry plans to develop the world's lowest carbon leather

The half-century-old company said the leather would be sourced from 'organic and environmentally conscious farms' and be used to make its first-ever 'farm to finished product' bags.

2021-04-20T16:14:49Z

Bitcoin is NOT too big to fail 'The bubble will burst at some point'

BITCOIN is NOT too big to fail and some experts predict it is a "bubble that will burst at some point" despite historic highs in the past few weeks.

2021-04-20T12:39:28Z

Self-employed 'undermined' compared to the rest of the workforce - freelancer numbers drop

SELF-EMPLOYMENT problems continue to plague freelancers as newly released employment figures from the Office for National Statistics (ONS) shows workers are struggling across the board. The data revealed both employment and freelancer numbers have dropped.

2021-04-20T11:20:21Z

Aldi crowned Wine Supermarket of the Year for being 'innovative while keeping prices low'

Aldi has beaten posh rivals such as Waitrose to win Wine Supermarket of the Year. Judges praised it for being innovative while keeping prices low at the International Wine and Spirits Competition.

2021-04-20T15:42:37Z

Bullring operator Hammerson says it's received only 40% of second quarter rent owed as shopping curbs loosen

Hammerson said only 40 per cent of total rent payments had been received by them, including 48 per cent in its UK division, around a third in Ireland, and just 23 per cent in France.

2021-04-20T12:32:41Z

IKEA owner sets aside 4 billion euros for green power projects

IKEA owner sets aside 4 billion euros for green power projects

2021-04-20T11:05:49Z

Martin Lewis explains how people on low incomes can earn a 'hidden' pay rise

Employees aged between 22 and 66 are part of the pension auto-enrolment scheme - but those who aren't included can still get the savings benefit

2021-04-20T11:05:39Z

Nationwide increases amounts it will lend to first-time buyers

Britain's biggest building society said under its 'helping hand' initiative, first-time buyers will have the option when taking out a five or 10-year fixed-rate mortgage at up to 90 per cent loan-to-value (LTV).

2021-04-20T13:21:22Z

UK to hike emissions cut plans ahead of US climate summit

The UK is set to announce a hike in its pledged fossil fuel emission cuts in a year that ends The post UK to hike emissions cut plans ahead of US climate summit appeared first on CityAM.

2021-04-19T19:01:27Z

Explainer: Why has the UK intervened in Nvidia’s $40bn Arm merger?

Ever since it was announced in September last year, Nvidia’s proposed $40bn (£30bn) takeover of British chipmaker Arm has proved The post Explainer: Why has the UK intervened in Nvidia’s $40bn Arm merger? appeared first on CityAM.

2021-04-20T14:02:01Z

Foster + Partners reveals copper-coloured office in Yekaterinburg

Foster + Partners has designed an appropriately coloured office block for the Russian Copper Company in the city of Yekaterinburg, which is the studio's first project in Russia. Overlooking the Iset River in the centre of the city in central Russia, the 15-storey office block was built as the headquarters for the Russian Copper Company (RCC) – The post Foster + Partners reveals copper-coloured office in Yekaterinburg appeared first on Dezeen.

2021-04-20T12:29:29Z

Tesco issues statement after being fined £7.56m for selling out of date food

2021-04-20T14:37:59Z

'It's not enough to book a holiday': Barclaycard under pressure to reverse massive credit limit cuts for customers with steady finances as it is deluged with complaints

Barclaycard customers have called on the provider to change its mind over its heavy-handed cutting of credit limits of cardholders whose financial circumstances have improved over the last year

2021-04-20T15:41:25Z

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