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London markets are broken and closed, says pharma boss

E-therapeutics joins the stampede of biotech companies quitting Aim

Writing on X, formerly Twitter, Mr Mortazavi said: “My overriding feeling in delisting [the company] is one of sadness and great worry. 

“To be clear, the UK markets are not just illiquid, they’re completely broken and closed. The situation is worse for small growth companies (in particular biotech) but even sizeable companies such as Shell and many others are saying the same thing.”

Shell’s chief executive Wael Sawan said on April 8 that the oil giant was exploring “all options” and that the company was “undervalued” in London.

E-therapeutics is joining a stampede of pharmaceutical companies quitting Aim, following Redx Pharma and C4X Discovery which have announced plans to leave the market in the last month.

 

Torygraph

Don Thompson - 'Fanny Brown'

It's like there's more cogs in the Atlantic. The jet stream can push our weather into all sorts different places before it gets here.

Here's some Arctic cold, here's some rain with desert sand mixed in, here's some record downpours, here's a heatwave.

There were more melty meltdowns, but the imagery in this poorly synced response to the second goal is my surreal favourite, so far anyway.

Junior Parker - 'River's Invitation'

Zodiac Childs & 1210 - 'You're There'

Remember being amazed by the snakes' ability to eat really enormous things?

That was only half the process. Be amazed again. 

JCB head and 'super' Tory donor Lord Brexit Bamford quit the Lords a couple of days ago.

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Prominent Tory donors and JCB owners Anthony and Mark Bamford are understood to be the subject of a three-year long investigation by HM Revenue and Customs (HMRC), which could result in a bill as high as £500m according to reports.

HMRC is reportedly probing Anthony Bamford, a Tory peer, and Mark, a director of The Conservative Party Foundation, over alleged aggressive tax avoidance measures spanning two decades, according to the Guardian.

The inquiry, understood to be of a magnitude only launched by HMRC when it suspects a substantial loss of tax revenue, focuses on the tax liabilities associated with shares held offshore in Bermudan family trusts, which ultimately control the JCB digging empire.

The Bamford brothers have owned those shares since 2001, following the death of their father Joseph Bamford.

Despite the seriousness of the tax investigation, it was suggested that Anthony Bamford, who was made a Lord by David Cameron in 2013, has yet to inform parliamentary authorities about his involvement in it...

...The Bamford brothers, who have donated over £10m to the Tories over the past two decades, have close ties with multiple former prime ministers, including Liz Truss and Boris Johnson. 

The Conservative Party refused to tell the Guardian whether it continues to accept donations from the family or its businesses and declined to comment on the Bamford investigation.

Lawyers for Lord Bamford and Mark Bamford declined to comment on the record.

City AM

5 hours ago, The Fun Factory said:

Well in fairness wasn't it Vince Cable who finally privatised it? 

Obviously it was handed to Goldman Sachs to botch at the taxpayers expense.

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Royal Mail birthday celebrations overshadowed by privatisation chaos

Government banking adviser accused of ‘making a killing’ at taxpayers’ expense on postal firm’s stock market debut

Grauniad

Not sure the LDs did pledge to hand the Royal Mail to the company that triggered the 2008 global financial collapse?

The pig f**king smear of shit was in the driving seat at the time.

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How much of a shock will affordable electric vehicles from China give European car makers?

https://www.bbc.co.uk/sounds/play/m001y1yg?at_mid=3gDm8FibX5

We're a little behind the times, what with the fossil fuel industry spreading disinformation and buying politicians to ensure we've kept going back to the pumps.

We just keep plopping into traps.

Blu & Oh No - 'The Lost Angels Anthem'

Winifred Atwell - Debussy 'Clair De Lune'

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Working for the Royal Mail sounded like an ideal job. But I discovered it’s falling apart, just like its vans

My year there was marked by crumbling depots, staff constantly leaving and impossible targets. This once-great institution is on its knees

 

Grauniad

Special delivery of more Tory fail.

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Brexit’s Lasting Damage Is Looking Inescapable

By almost every economic and financial measure, parting ways with the EU almost eight years ago has been disastrous for the UK. Is there no end in sight?

Leaving the European Union was unlike any event in modern British history. Institutional investors couldn't imagine a majority of Britons voting against their own interest. When they did, the shock was immediate. The pound plummeted a record 8.05% in minutes to a 31-year-low against the dollar. The toll of the June 23, 2016, referendum was more than double any of the eight worst days since 1981, and the almost 13% depreciation in less than a week remains unequaled as a UK foreign-exchange debacle.

Bloomberg

The Deep Freeze Mice - 'Neuron Music'

Gaois - 'Máire Bhéal Átha hAmhnais'

Stringbean - '20 Cent Cotton 90 Cent Meat'

Blue Mitchell - 'Turquoise'

Vernon Garrett - 'Love Junkie'

She loved the now disgraced Brexit PM and Cummings.

Could imagine the public reminding her of that association.

I would.