Plus500 profits soar as bosses hike full year guidance July 12, 2022 London-listed fintech Plus500 said it was expecting annual revenues and profits to sail past market estimates today after a bumper period in the first half of the year boosted by market volatility.
Chamber boss hits out at City of London for ‘laundromat’ complaints April 28, 2022 The boss of London Chambers of Commerce has hit out at the City of London Corporation today for complaining about London’s ‘laundromat’ label, claiming that questions have “rightly been raised” over the City’s reputation for dirty cash.
£134bn: Biggest rise in tax receipts since 2000 gives chancellor room to make cuts July 11, 2022 The new chancellor of the exchequer may have leeway for tax cuts, after a £134bn spike in so-called ‘stealth ‘ taxes. There was the biggest increase in receipts since the turn of the century over the last 12 months, up to £718bn, representing a 23 per cent increase on the previous year. The rise from [...]
Top media litigator backs ‘naming and shaming’ oligarchs’ lawyers April 27, 2022 Naming and shaming lawyers who work for oligarchs is probably a more effective way of tackling lawfare than anything regulators are likely to do, a top media lawyer has said. Media litigator Adelaide Lopez said the “current PR campaign” against oligarch’s lawyers will likely have a more “powerful impact” than “anything the Solicitors Regulation Authority [...]
Business of Space: Has Roscosmos imposed its own restrictions? March 11, 2022 This week Russian space chief hits out on Twitter… again SpaceX takes in-orbit satellite tally above 2,000 Range applications sent off for UK’s first-ever vertical launch site Roscosmos Russia’s invasion of Ukraine has seen a number of governments impose sanctions on the country, which range from having assets frozen to being locked out of certain [...]
Boris Johnson compares Ukrainian resistance to invasion to Brexit vote March 20, 2022 The Prime Minister said it was the instinct of Brits to “choose freedom,” just as it was the Ukrainian instinct to resist invasion. Boris Johnson has come under fire for comparing the UK vote on Brexit to those impacted by Russia’s invasion of Ukraine, speaking at the Conservative Party’s spring conference. “When the British people [...]
Gold rallies to eight-month highs amid hopes of lower Fed interest rate hikes January 10, 2023 Gold prices have stayed firm in today's trading - with the precious metal peaking at $1,880 per ounce this morning.
Chelsea: End in sight as remaining bidders set out final pitches for club April 26, 2022 The final three bidders in the race to purchase Premier League outfit Chelsea are in London to make their final pitches for the Blues. Todd Boehly – co-owner of the LA Dodgers baseball team – and his consortium set out their stall on today with the other two pitches – headed up by former Liverpool [...]
Ditching net zero is a colossal act of self-harm for our economy and global vision August 2, 2022 Amidst the politicking that inevitably surrounds any leadership race, a handful of Conservative MPs have demanded a review of our commitment to achieve net zero greenhouse gas emissions by 2050. These calls betray a fundamental misunderstanding of the wider benefits of decarbonisation to UK interests and the global momentum towards net zero. More than 130 [...]
Bitcoin’s fluctuations appear robust despite narrative of Ukraine crisis February 28, 2022 Francisco Memoria takes a detailed look at events which affected the cryptocurrency markets throughout last week.