The City is where science and finance meet to solve the world’s problems June 10, 2024 The City is bringing together investors and inventors to make sure the future of space technology is sustainable, peaceful and equitable, says Michael Mainelli Last week, here in the City of London, the Commonwealth Secretariat launched its new space protection initiative, CommonSpace. This took place at the City’s science and innovation banquet, celebrating the City [...]
Bank of England to hike interest rates for 12th time in a row and forecast falling inflation May 9, 2023 The Bank of England is poised to intensify the strain on households and businesses’ finances by hiking interest rates for the 12th time in a row this Thursday in a bid to bring down inflation, City analysts are betting. Threadneedle Street’s nine-member Monetary Policy Committee (MPC), the group tasked with setting official borrowing costs in [...]
Wages jump at fastest pace outside of Covid-19 but inflation erodes finances for 18th straight month June 13, 2023 Workers in Britain have pocketed the largest pay increases on record outside of the Covid-19 pandemic, but inflation is still sharply eroding their finances, official figures out today reveals. Numbers from the Office for National Statistics (ONS) showed the average worker in the UK received a 7.2 per cent wage increase in the three months [...]
Instead of talking our economy down, we should commend its resilience over the past year March 3, 2023 If the UK economy managed to avoid two successive quarters of GDP decline last year, it will fight as hard this year. It will also win more easily, writes Savvas Savouri
‘Hoodwinked from IPO onwards’: Home REIT shareholders round on scandal-hit investor over wind-down plans July 17, 2024 Home REIT shareholders have rounded on the firm and its investment manager today after the scandal-hit social housing investor revealed plans to wind down in the coming months.
Carpetright: All you need to know ahead of redundancies and store closures July 23, 2024 Carpetright has become the latest household name to fall into insolvency following the likes of The Body Shop, Ted Baker and online luxury fashion retailers Matches and Farfetch earlier this year.
Bitcoin sets new daily transaction record amid Ordinals trend as crypto miners face potential energy tax May 9, 2023 Data from CryptoCompare shows the price of Bitcoin (BTC) started the week moving from around $27,500 to a $29,500 high.
Londoners more worried about housing and work situation than those in any other region of the UK April 1, 2022 Those living in London are more worried about what their work and housing situation will look like when they’re older, than those living in any other region of the UK. Although Londoners are confident in their health and believe they have enough savings to last them into old age, those living in London have significant [...]
Bitcoin fan Robert F Kennedy Jr’s presidential run gets support from crypto industry June 30, 2023 Many in the cryptoverse are backing JFK’s nephew to be the next US President in wake of his Bitcoin comments, says Nigel Green.
UK has too many agencies responsible for fraud, ex-culture secretary says November 13, 2022 The UK needs a more streamlined way to combat fraud instead of relying on the “alphabet soup” of agencies that currently operate, Baroness Nicky Morgan has said. Morgan, a former digital and culture secretary, said the UK is a “world leader” in digital fraud and that there are “far too many agencies and regulators and [...]