A loyalty app which counts Barclays and Lloyds Banking Group among its shareholders has secured a £9m funding lifeline. Sky News understands that existing investors in Loyalty Angels, which trades as Bink, have agreed to provide £7.5m in new capital. They have also indicated that they will agree to underwrite a further £1.5m of investment,
Business
Kanye West is back on Instagram, and he’s a new man, he claims. His first message proclaimed a new-found love for the Jewish people. Why? Jonah Hill’s acting in the 2012 film 21 Jump Street was the apparent tipping point. “Watching Jonah Hill in 21 Jump street made me like Jewish people again,” he wrote on
Manchester United received a fresh Qatari bid overnight – as the battle to purchase the Premier League giants intensifies. Sheikh Jassim bin Hamad Al Thani made the offer after asking for a deadline extension on Wednesday. He joins Sir Jim Ratcliffe’s INEOS, who made his own second formal bid for the club, and comes after
Andrew Lloyd Webber has announced the death of his eldest son Nicholas Lloyd Webber from gastric cancer. “I am shattered to have to announce that my beloved elder son Nick died a few hours ago in Basingstoke Hospital. His whole family is gathered together and we are all totally bereft. Thank you for all your
The renowned activist investor Elliott Management is plotting a takeover of large chunks of Cineworld, the stricken London-listed cinema operator. Sky News has learnt that Elliott is interested in acquiring Cineworld’s operations in eastern Europe and Israel. While Elliott is also understood to have explored a bid for the whole of the ailing group, its
Fox News has fired a producer who filed a lawsuit against the network in which she claimed that she was coached and coerced by the network’s lawyers to give misleading deposition testimony in the defense against Dominion Voting Systems’ defamation lawsuit. In her lawsuit, filed in U.S. District Court in New York and Delaware Superior
It is another “risk off” day in the jargon for stock markets in Europe. Banking stocks, in particular, are falling out of bed. Shares of Deutsche Bank and Commerzbank, Germany’s two largest lenders, have fallen at their worst by 13% and 8% respectively while BNP Paribas and Societe Generale, the first and third-largest banks in
Lea Michele will be back as Fanny Brice in Broadway’s Funny Girl this weekend after missing shows this week due as unspecified health issue that that required the hospitalization of her two-year-old son. In an Instagram Story post today, Michele wrote, “Thank you for all your well wishes this past week. We are taking our
Germany’s largest bank has become the focus in a new wave of selling across banking and wider financial stocks, less than a week after the forced takeover of Credit Suisse. Deutsche Bank shares were down 11% on the day at one stage, in volatile trading, after a sharp jump in the cost of insuring against
Mahfouz Doss, an award-winning Egyptian journalist who was a former president of the Hollywood Foreign Press Association (HFPA) and nine-time board member, has died. No details on the cause, date of death, or location were provided. “We are incredibly saddened at the passing of Mahfouz Doss,” said Helen Hoehne, president of the HFPA. “He was
Millions of mobile phone and internet users are facing a price increase of 17.3% on their bills in just a week’s time. Every April, many broadband and mobile firms raise their prices in line with the Consumer Price Index (CPI) plus an additional 3-3.9%. As these price rises are often applied mid-contract, people either have
The chairwoman of the House Energy & Commerce Committee opened a hearing featuring the CEO of TikTok by telling him that “your platform should be banned.” Rep. Cathy McMorris Rodgers (R-WA) said that “banning your platform will address the immediate threats,” as lawmakers of both parties have singled out the Chinese-owned platform as a danger
The Bank of England has revealed it no longer believes the UK will face a technical recession this year, as it raised the interest rate by a further quarter percentage point. The unexpected change to its forecast was contained in the minutes alongside its decision to raise borrowing costs for an eleventh successive time to
Wayne Swinny, one of the founding members of rock group Saliva, has died of a brain hemorrhage. He was 59 and his passing was announced by the group’s social media page. “It is with great sadness that we report the passing of our brother Wayne Swinny,” the rock band posted on Facebook Wednesday. “Wayne passed away this
The Bank of England is expected to raise interest rates for the 11th time in less than 18 months after Wednesday’s surprise jump in inflation. It is due to announce its latest decision at noon as it tries to reconcile the UK’s weak economic outlook and an international banking crisis. Any increase would be part
2ND UPDATE, 10:05 AM: A Delaware court judge did not rule in favor of either Fox or Dominion as each side seeks a ruling ahead of the election systems company’s $1.6 billion defamation suit. During the past two days, attorneys for both sides have asked Judge Eric Davis to rule in their favor on motions
Striking Amazon workers have vowed to step up industrial action following an “insulting” new pay rise. It comes after Amazon announced on Wednesday that it will increase the minimum starting salary of its UK workforce by at least 50p to between £11 and £12 per hour from April. The company said the exact amount will
The Department for Professional Employees, AFL-CIO, with which a dozen entertainment industry unions are affiliated, has set its policy agenda for the 118th Congress, centered on creating diverse talent pipelines, incentivizing diversity in hiring and strengthening creative professionals’ workplace rights. “Union professionals in the arts, entertainment, and media industries remain committed to diversity, equity, and
Tesco is cutting the value of its Clubcard rewards scheme, with customers no longer able to get triple their value when they cash them in with scheme partners. The Tesco Clubcard reward partner scheme lets customers collect points while shopping and exchange them for vouchers for theme parks, restaurants and day trips. Points used to
As the latest in a flood of atmospheric river events hit Souther California today, several local theme parks closed their gates. Magic Mountain shut down for the second time in as many months as winds associated with the current storm blasted a nearby peak with force equivalent to a Cat. 2 hurricane. Magic Mountain Truck
Delivery giant Just Eat has announced it is to axe 1,700 jobs as it ceases to employ its delivery riders and drivers. The service said it will use entirely gig economy workers to deliver food in the UK, as opposed to the hybrid system of employees and self-employed workers. Delivery staff have been given six