Ethereum closing in on $3,000 as Bitcoin eases off the throttle May 1, 2021 The biggest challenger to Bitcoin’s claim to the throne of cryptocurrency – Ethereum (ETH) – set yet another all-time high today as it charged towards $3,000.
Where to eat… In Canary Wharf April 30, 2021 Once, the daily commute to Canary Wharf seemed to encapsulate the very idea of the daily grind, a long and uncomfortable journey to a land of grey buildings filled with grey suits. But Canary Wharf has transformed in recent years and lockdown has only made our hearts grow fonder. Now we can’t wait to get [...]
Corona Impact Series: How the chronicle of a storyteller from Dalston turned into a virtual tale April 30, 2021 In this series, City A.M. looks at the financial and economic impact of the ongoing pandemic on a range of small and medium-sized businesses across London. This week: How a creative provider of experience in East London was pushed to go entirely digital overnight, without losing its authenticity and immersiveness. “As Covid hit and the bottom fell out [...]
Captain Tom’s family open fundraising drive at Lords April 30, 2021 Members of Captain Sir Tom Moore’s family were at Lord’s Cricket Ground today to mark the start of the Captain Tom 100 Challenge – a weekend of fundraising in honour of the second world war veteran who raised £38.9m for the NHS at the start of the Coronavirus pandemic. They were joined by former England [...]
Giant rat species ‘twice the size of squirrel’ discovered in the Philippines April 26, 2021 Scientists have discovered three new species of giant cloud rats that were twice the size of a grey squirrel. Remains of the extinct creatures were unearthed from a series of caves in the Philippines. Based on an analysis of bones and teeth, the researchers said these giant cloud rats were fluffy and had big, bushy [...]
Recipe box firm Gousto to double workforce after first year of profitability April 26, 2021 Recipe box firm Gousto announced this morning that it plans to double its workforce as it revealed it had delivered a year of profitability for the first time ever as the pandemic more than doubled sales. Gousto announced this morning that it achieved record sales of £189m last year as it won market share from [...]
Broadband startup Cuckoo closes $6m funding round April 26, 2021 Broadband start-up Cuckoo has today closed a funding round worth of total of $6m as it continues its bid to disrupt the UK telecoms market. The round was led by RTP Global, early backers of Yandex, Delivery Hero, and Datadog. One in five of RTP’s investments are now unicorns, the firm said. Other investors include [...]
Where to eat… In the City April 23, 2021 In a new bite-sized column, we’ll be focusing on an area of London and selecting three of our favourite restaurants, one for breakfast, one for lunch and one for dinner. For the first instalment we have, of course, chosen the City, the regular haunt of our Life & Style editor Steve Dinneen for well over [...]
Corona Impact Series: A Tottenham kitchen on a mission to make Londoners eat more plants April 22, 2021 In this series, City A.M. looks at the financial and economic impact of the ongoing pandemic on a range of small and medium-sized businesses across London. Today: allplants, a plant-based food delivery startup that had no choice but to scale rapidly during the pandemic. The plant-based food brand allplants was created by Jonathan Petrides and [...]
FTSE 100 rallies after yesterday’s heavy fall April 21, 2021 London’s FTSE 100 rebounded today, after a poor performance yesterday that saw London’s main market fall two per cent. The FTSE 100 closed up 0.52 per cent on yesterday’s gloomy session, when tobacco stocks and fears of new variants pummelled the market, ending the day at a two per cent loss. The blue-chip index was [...]