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Euro News
War in Ukraine has already caused $60bn in damage. Could Russia’s frozen assets foot the bill?
Business
Sky News
Retail sales plunge as consumer confidence ‘nears financial crisis all-time low’
Retail sales plunged by 1.4% last month – far more than expected – as consumers tightened their belts in the face of the squeeze in living costs, according to official figures.The Office for National Statistics (ONS) said the decline was largely driven by a drop in demand for online purchases and pointed to dented demand …
Business
Sky News
Pound takes a walloping as data raises spectre of inflation-driven slump for economy
The pound has fallen sharply after several pieces of data raised fears of a slump ahead for UK economic growth, driven by surging inflation.The market mood turned ugly when the Office for National Statistics (ONS) reported a 1.4% monthly decline in retail sales in March, led by a big drop in demand for online purchases. …
Business
Evening Standard
Bank angers City with 9% leap in fees for crypto
Business
Sky News
Russian caviar and diamonds hit by fresh UK sanctions
The UK has slapped Russia with more sanctions, targeting military leaders as well as goods like caviar and diamonds.Azatbek Omurbekov, a lieutenant colonel nicknamed “the butcher of Bucha”, was one of the Russian army leaders hit by the new sanctions, according to the UK. Britain will increase tariffs by 35% on Russian and Belarussian goods, …
Business
Sky News
Chinese behemoth Tencent takes stake in UK fintech Previse
Tencent Holdings, the Chinese technology behemoth, is adding to its interests in British fintech start-ups by taking a stake in Previse, a fast-growing player in business payments.Sky News understands that an arm of Tencent is leading a Series B funding round for Previse that will raise just over £10m. Sources said the fundraising would value …
Business
Sky News
Elon Musk secures £35.6bn funding for Twitter takeover attempt
Elon Musk has secured the financing for his takeover bid of Twitter, including £16.1bn of his own fortune, according to a new regulatory filing on Thursday.The remainder of the funding, amounting to more than £19.5bn, will be provided through two debt commitment letters offering a series of loans from Morgan Stanley Senior Funding. Twitter has …
Press Release
Pressat
Sea Sanctuary Champions Blue Spaces for Easing Post-Covid Loneliness
Sea Sanctuary, a mental health charity in Cornwall, welcomes loneliness as the theme of Mental Health Awareness Week 2022, as they believe more people than ever are feeling isolated in the aftermath of the pandemic. With social lives put on hold due to multiple lockdowns, periods of isolation and working from home, the impact on …
Business
Euro News
Elon Musk secures $46.5 billion funding for Twitter purchase and is exploring a tender offer
Business
Sky News
Disney caught in crossfire of ‘Don’t Say Gay’ row
The culture wars have torn the United States apart – and one of America’s biggest and most famous companies has been caught in the crossfire.The entertainment giant Walt Disney is being punished for intervening in one particular cultural row. Early last month, the state of Florida passed legislation restricting teaching about sexual orientation and gender …
Business
Sky News
Asda owners plan to create 32,000 jobs through EG Group food expansion
EG Group, the petrol station and food retail business run by Asda’s owners, has announced plans to create 32,000 jobs globally over the next five years, with the bulk of them in the UK.The company, owned by brothers Zuber and Mohsin Issa and private equity group TDR Capital, said its expansion would include 22,700 new …
Press Release
Pressat
Cleantech startup ‘Greener’ raises further £113K, supercharging growth of sustainability matchmaking platform
Building on a £142K pre-seed round the UK startup raised £113K from one of the country’s largest early-stage investors, innovation-focused SFC Capital. Bath, 21 April 2022 – A year on from the platform’s official launch, the sustainability startup Greener successfully closed their bridge round with £113,000 of venture capital funding. As the team works to …

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