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Evening Standard
London ranked second best startup hub in the world for tech
London has been ranked the second best tech startup hub in the world behind Silicon Valley and the top hub globally for fintech according to new research.The capital’s startup ecosystem had a value of $314 billion, more than treble that of Berlin’s $94 billion and Paris’ $89 billion, according to the 2022 Global Startup Ecosystem …
Business
Sky News
Inflation takes record bite from regular pay while jobless rate rises unexpectedly
The latest employment figures show inflation taking a record bite out of regular pay and an unexpected jump in the jobless rate at a time when people are seeking to better shield themselves from the cost of living crisis.The Office for National Statistics (ONS) reported that real wages – a measure of regular wage growth …
Business
Evening Standard
Thameslink and London bus group Go-Ahead faces two takeover bids
THE company that runs London’s red buses is facing two takeover bids, the latest corporate activity in a closely watched sector.Go Ahead, which is the biggest operator of buses in the UK and also the firm behind Thameslink, Southern and Gatwick Express rail services saw its shares jump 13% today.In response, it issued a statement …
Business
Sky News
Ministers insist plans to override NI Protocol part of post-Brexit deal do not breach international law
Legislation which will override the Northern Ireland Protocol section of the post-Brexit deal that the UK agreed with the EU does not breach international law, the government has insisted.But the controversial bill, which has just been published, has been heavily criticised by senior EU figures. The bill to amend the protocol unilaterally will allow changes …
Business
Sky News
Bitcoin plummets to lowest level since December 2020 as crypto lender Celsius ‘pauses’ withdrawals
Bitcoin has plummeted by more than 10%, dropping below $25,000 for the first time since December 2020.Celsius Network, a major US cryptocurrency lending company, froze withdrawals and transfers, citing “extreme” conditions. The move fuelled a slump across cryptocurrencies, with their value falling below $1trn for the first time since January last year.Bitcoin slid to $23,476 …
Business
Evening Standard
Designated Survivor star Kiefer Sutherland to front new campaign for Plus500
KIEFER Sutherland is to front a multi-million pound pound billboard and TV campaign for Plus500, as the City trading platform seeks to expand across Europe.The Hollywood star behind The Fugitive, 24, and Designated Survivor will appear on billboards across London as Plus500 targets “financially sophisticated” potential customers.That’s a vote of confidence in the market from …
Business
Euro News
Steven Bartlett and other business heavyweights advise how startups can grow and scale-up
Business
Sky News
Lloyds offers staff a one-off £1,000 payment to help with rising cost of living
Lloyds Banking Group (LBG) has offered tens of thousands of staff a one-off payment of £1,000 to help with the rising cost of living.The country’s largest domestic lender said the money would be made available in August, according to a memo seen by Sky News. It is understood that executives and senior managers would be …
Business
Business Live
Chamber Expo hears from Hull’s new council leader as he looks to build paragmatic partnerships
Hull’s new council leader has told an influential business audience how he is keen to build pragmatic partnerships – with an “alliance of the willing”. Making clear he wanted to hear what all touched by the authority wanted from it, Cllr Mike Ross spoke at Hull and Humber Chamber of Commerce’s Expo as part of …
Business
Business Live
Manchester sports lawyer scores FIFA role
A sports lawyer at the Manchester office of Mills & Reeve has become the sole UK-based solicitor to be selected as a FIFA mediator. Carol Couse, who is a partner in the sports, entertainment and media team, is also one of only four female lawyers globally to be selected as an approved mediator to the …
Business
Evening Standard
Fire safety firm looks to raise £3 million on AIM
A British fire extinguisher company is seeking to raise £3 million through a listing on the AIM market.The announcement of Essex-based LifeSafe’s fundraiser comes ahead of the fifth anniversary of the Grenfell Tower disaster. Junior counsel to the Grenfell Tower Inquiry Emma Hynes joined the company’s board as non-executive director.The company’s extinguisher, which has been …
Business
Business Live
Pure Broadband takes national award for straight-talking rebrand
A Hull broadband provider has scooped a national award as customers continue to turn to it to supply their ultrafast connection. Hessle-based Pure Broadband beat competition from across the UK to win the Best Fibre Marketing Campaign at the 2022 UK Fibre Awards. It had put forward what it describes as its fresh, new brand …

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