Project PAI Debuts in London Blockchain Scene September 27, 2018 | Sponsored The growing maturity of the crypto market, and bitcoin in particular, has London investors finally ready to wade into cryptocurrency pool. This rise in confidence means many popular cryptocurrency projects are now entering the London market. Recently, one such international blockchain – Project PAI, held their launch event in the heart of London’s financial [...]
Women’s fashion retailer Bonmarché shares collapse as it warns on profits September 27, 2018 Women's fashion retailer Bonmarché's shares plunged 20 per cent in early morning trading after issuing a profit warning today, blaming weak high street demand and a lack of footfall. The company said its online sales continued to grow strongly but that sales in store have dipped in recent months. Underlying profits for the full [...]
Trading platform IG’s boss steps down amid regulatory uncertainty September 27, 2018 Online trading platform IG’s chief executive, Peter Hetherington, is set to stand down immediately, as European regulations begin to bite. Hetherington’s three-year tenure as group chief executive draws to a close today, though he will stay on to help manage the search for a successor at the spread betting platform. Chief financial officer Paul [...]
Lifting you up: Could elevators be the cure for loneliness? September 26, 2018 The month of July is rich in national festivities. Bastille Day in France, Independence Day in America. If you haven’t been to Paris on 14 July, I urge you to go. It’s glorious: fireworks erupt, crowds cheer, street bands blare, strangers embrace, the army parades, patriotic films roll. There is another red calendar day in [...]
Former Daily Mail supremo Paul Dacre steps down from the DMGT board September 26, 2018 Former Daily Mail editor-in-chief Paul Dacre has left the board of the newspaper's parent company, three months after announcing his resignation. Daily Mail and General Trust (DMGT) today said Dacre has stepped down as executive director with immediate effect. In June the company announced he would leave the Daily Mail and be appointed chairman [...]
Gordon Dadds to merge with Ince & Co creating UK’s largest listed law firm September 26, 2018 London law firm Gordon Dadds is in advanced talks to merge with international practice Ince & Co in an acquisition that would create the largest listed law firm in the UK, City A.M. can reveal. The merger will create a business with a combined revenue of more than £114m and 14 offices across the world. Gordon [...]
How the Ryder Cup became one of sport’s biggest events – and why it might be about to become even bigger September 26, 2018 The Ryder Cup has come an awful long way since British garden seed entrepreneur and golf enthusiast Samuel Ryder spawned the competition as we now know it during the mid-1920s. More than 50,000 spectators per day are expected to pay an average of £115 to attend the contest at Le Golf National, near Paris, [...]
Crypto giant Bitmain reveals all in prospectus for Hong Kong IPO September 26, 2018 Bitcoin mining giant Bitmain published information about its books for the first time today, in a regulatory filing which also confirmed its intention to pursue a public listing on the Hong Kong stock exchange. The statements revealed some heady growth for the world's largest mining firm as profits soared to $742.7m (£563.3m) in the first half [...]
Retail sales growth slumps after bumper summer September 26, 2018 UK retail sales growth slumped slightly this month after a strong summer, according to the latest statistics. The Confederation of British Industry's (CBI) retail sales gauge fell to +23 in September from +29 in August. Read more: Online retail to be Next's summertime saviour as hot weather boosts sales Department store, footwear and leather, chemists [...]
Sam Torrance: USA are rightful Ryder Cup favourites but Europe thrive on underdog role September 26, 2018 On paper, the 12 men wearing the striped shirts at Le Golf National this week might comprise the strongest line-up that the United States has ever sent to a Ryder Cup. But then I can’t remember the last time that Europe started out as favourites. We love being the underdog. We don’t realise that [...]