Corona Impact Series: How a Brixton coffee roaster brew up plans for a radical transformation during lockdown April 29, 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: Volcano Coffee Works entered the initial lockdown as a wholesale business and, through necessity, is emerging as something very different. First lockdown Volcano Coffee Works is an independent [...]
DeFi: Risks, illusions, reality and the future February 11, 2022 In his debut column for Crypto AM, Targ Patience opens his account on market and regulatory evolution.
Coronavirus lockdown: Kingfisher sales plunge due to store closures May 12, 2020 B&Q owner Kingfisher reported plummeting sales in the first quarter due to coronavirus lockdown measures, but said trading was beginning to bounce back after stores reopened. The DIY retailer said first quarter like-for-like sales were down 24.8 per cent to £2.2bn due to the impact of coronavirus. Online growth increased fourfold from mid-March as Kingfisher [...]
Glastonbury Festival cancelled for second year running due to coronavirus January 21, 2021 Glastonbury has been cancelled for the second year running due to the coronavirus pandemic, organisers confirmed today. The iconic music festival was scrapped last year due to the outbreak of Covid-19, with tickets automatically rolled over to 2021. But this year’s event will also not go ahead due to continued restrictions in place to halt [...]
Cardano bucks trend in otherwise gloomy market as ADA reaches its all time high over the weekend March 1, 2021 Cardano's ADA shines brightly as Bitcoin and other cryptocurrencies have their lights dimmed in a gloomy-looking market.
The best new supercars to buy in 2022 July 21, 2022 Our pick of the best supercars you can buy, including the McLaren Artura, Porsche 911 GT3 and Lamborghini Huracan STO.
What is Decentralized Finance (DeFi)? August 10, 2020 Decentralized finance, also known as DeFi, is a fast-growing sector of the cryptocurrency industry. While cryptocurrency coins create a decentralized store of value separate from any government-backed fiat currency, DeFi creates decentralized financial instruments separate from traditional centralized institutions. Although still small when compared to the global economy, DeFi has seen rapid growth in 2020. [...]
US suspends work visas and green cards until end of 2020 June 22, 2020 The US government will suspend certain non-immigrant work visas and extend an existing ban on certain green cards until the end of the year, the Trump administration announced today, as America gr The suspension will include H-1B visas for high-skilled workers, which are frequently used by technology companies, and H-2B visas for seasonal guest workers. [...]
Corona Impact Series: How a Shoreditch expense-tech bounced back during lockdown March 20, 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: How an expense-tech scale-up helped businesses keep track of their spending when spending dropped through the floor. Before the pandemic, Jeppe Rindom, co-founder and CEO of Pleo – [...]
Lending against Crypto? – A $10bn loan market emerges as 2020 comes to a close December 15, 2020 At the time of writing, the global market capitalisation of crypto assets (bitcoin, Ethereum and the like) is in excess of US$400bn. While still much smaller than other more traditional asset classes, this is considerable growth in market cap from a year ago, and yet – considering the perception of inherent volatility in crypto as [...]