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UK boss of Winklevoss crypto exchange Gemini: Ad rules need rethink
Blair Halliday, UK head for Gemini, says current proposals from the Treasury and Financial Conduct Authority could hurt the nascent industry
Butcher shortage leaves pigs stuck on farms
Sausage maker Cranswick wants the government to let more food industry staff come to the UK from the EU and beyond
Ofgem to announce 50% energy price cap jump
The new price cap will be announced on Thursday and the tariff will come into force from April
KPMG partner pay jumps 20% to £688,000 in ‘hottest deal market ever’
KPMG’s 14,700 UK staff will also share a “market leading” £100 million bonus pool as professional service firms enjoy a strong rebound from the pandemic
Shoppers switch to Aldi and Lidl as cost-of-living crisis bites
Households are turning to the German discounters as inflation soars — hitting 3.8% in the grocery sector
Strongest start to the year for UK house prices since 2005
Nationwide Building Society reveal 11.2% annual increase in January, the strongest start to the year for 17 years
Dubai firm to spend £82m turn former Chelsea police station into flats
Chelsea police station was the branch where actor Sir John Gielgud was charged with “importuning” in 1953 after making a pass at an undercover policeman. It shut in 2013.
Jailed Libor trader Hayes ‘ecstatic’ at verdict in US rigging case
A US appeals court has overturned the conviction of two Deutsche Bank traders accused of rigging interest rate submissions, appearing to bolster Hayes’ quest to have his own conviction reversed
AO World set for European retreat with German ‘strategic review’
AO World launched in Germany in 2014 but has struggled to make it work. Analysts say a retreat is now likely, following an exit from its Dutch business in 2019
Why London has become a playground for activist investors
GlaxoSmithKline, SSE, Unilever, and Shell have all found themselves in the crosshairs of activist funds who until recently focused their attentions on Wall Street — why?