OPEC remains bullish on oil demand and downplays Omicron variant December 13, 2021 OPEC raised its oil demand forecast for the first quarter of 2022, anticipating the new Omicron variant will be “mild and short-lived”.
HS2 to support 4,000 more jobs than first forecast August 24, 2021 The building of the controversial HS2 rail link will support 4,000 more jobs than previously expected, the government has today said. According to a new report from the body behind the project, HS2 will now support 34,000 jobs in total. Of the new roles, Phase 2a – linking the West Midlands to Crewe – will [...]
Bitcoin adoption will happen at its own speed February 24, 2023 Jason Deane rounds up the week with some reflection on his recent visit to El Salvador - the land of Bitcoin.
Bernoulli’s Prisoner’s Dilemma: applying the scenario to modern markets March 30, 2021 In 1738, the Swiss mathematician and physicist Daniel Bernoulli proposed a simple thought experiment: “A rich prisoner who possesses two thousand ducats but needs two thousand ducats more to repurchase his freedom, will place a higher value on a gain of two thousand ducats than does another man with less money than he.” Let’s place [...]
Supply security: Government holds talks with Centrica over gas storage while EU delays oil ban May 30, 2022 The government is holding talks with Centrica about re-opening a gas facility, in case European supplies from Russia are cut off.
Germany suspends Nord Stream 2 pipeline as Russian troops push into Ukraine February 22, 2022 German chancellor Olaf Scholz has halted the approval process of the Nord Stream 2 pipeline as Russia ramps up tensions in Ukraine.
Mullins in private equity talks that could value Pimlico Plumbers at £100m June 3, 2021 Pimlico Plumbers boss Charlie Mullins is in talks to sell off part of his company, in a move that could value the business at £100m. Mullins is in talks with private equity firms about a deal, and has hired Cavendish Corporate Finance to advise on the sale, Bloomberg first reported. It is understood a number [...]
Embarrassed Royal Navy orders flagship to head home after journey from hell and loss of £100m fighter jet December 9, 2021 The aircraft carrier HMS Queen Elizabeth, with seven warships and a submarine, is on its way back to the UK after a dramatic first journey, which has been dogged by incidents including the loss of a £100m fighter jet at sea. The Royal Navy flagship set off from Portsmouth Naval Base following a visit by [...]
Buyer beware! The metrics suggest Bitcoin could drop even further June 30, 2022 Crypto AM columnist Dr Chris Kacher warns that, despite Bitcoin's current downturn, there may be further to fall.
London renters compete for homes with Powerpoint presentations and pet CVs as stock levels sink March 3, 2022 Prospective renters are going above and beyond to win landlords’ affections as stock levels for homes have diminished. The disappearance of Covid restrictions has sparked a revival for the capital’s rental market, while estate agents report historically low levels of stock. High demand has seen rents surge past pre-pandemic levels and London landlords are once [...]