Crypto markets up after US Federal Reserve raises interest rates March 17, 2022 Bitcoin, the leading cryptocurrency, is currently changing hands at just below the $41k mark - up three per cent over the past 24 hours.
Whitbread share price tumbles on Barclays downgrade September 30, 2019 Whitbread suffered a fall in its share price this morning after Barclays downgraded the UK’s biggest hospitality company. The Premier Inn owner’s share price has tumbled five per cent during trading today after its rating was cut by Barclays, which moved its recommendation from ‘Overweight’ to ‘Equal Weight’. Read more: Markets mixed on US-China trade [...]
Is Bitcoin’s fighting start to February losing momentum? February 9, 2022 After a strong start to the week, the crypto markets dipped slightly yesterday. The Bitcoin price reached a four-week high of more than $45k on Monday, but it has dropped by about two per cent in the last 24 hours and is currently changing hands at around the $43,500 mark. Can it regain momentum? Over [...]
OBR: Accounting changes push up UK borrowing by £20bn a year December 16, 2019 The UK’s budget watchdog has said that government borrowing will increase by around £20bn a year due to accounting changes, highlighting the fine line chancellor Sajid Javid will have to tread to meet his new spending rules. The Office for Budget Responsibility’s updated forecasts (OBR) showed that the budget deficit – the difference between spending [...]
Serco boss: Pandemic proves importance of private and public sector co-operation February 25, 2021 The coronavirus pandemic has shown how strong the government and private sector can be when they work together, the boss of Serco, which is running the NHS Test and Trace service, has said. Speaking to CityAM, Rupert Soames defended the much-maligned system, saying that after some initial challenges it was now a “world-beating” programme. He [...]
FTSE 350 boards more than a third female for the first time September 22, 2020 For the first time more than a third of board members at the UK’s biggest 350 companies are women, new data has revealed. According to the Department for Business, Energy and Industrial Strategy, representation of women at the top of FTSE 350 businesses has risen by 3.8 per cent in the last year. That takes [...]
European stock markets buoyed as Chinese trade beats expectations August 8, 2019 European stock markets have risen this morning, following their Asian counterparts higher after better-than-expected Chinese trade data. Read more: China hits back after US labels rival a currency manipulator Official data showed Chinese exports benefited from a falling renminbi and rose 3.3 per cent in July year on year, far exceeding analysts’ expectations of a [...]
UK coronavirus: Sixth Brit dies as Covid-19 infections hit 373 March 10, 2020 A sixth person has died after testing positive for coronavirus in the UK, as the number of confirmed cases rises to 373. The patient, who was in their eighties and had underlying health conditions, was treated by West Hertfordshire Hospitals NHS Trust. Chief medical officer Professor Chris Whitty said it appeared that the virus was [...]
Sterling jumps as Nigel Farage says Brexit party will not fight Conservatives in key seats November 11, 2019 Sterling has jumped against the dollar and euro after Brexit Party leader Nigel Farage said he will not fight the Conservatives in the 317 seats it won in 2017, giving a big boost to Prime Minister Boris Johnson. Read more: Brexit Party will not contest 317 Conservative-held seats at General Election Traders were heartened by [...]
Crypto markets drop as Facebook earnings threaten wider market recovery February 3, 2022 The price of Bitcoin is currently down by more than three per cent since yesterday morning to around $37,000.