Housebuilders drag London markets down as investors flee stocks January 24, 2022 London markets took a beating yesterday driven lower by most sectors tumbling as investors fled stock markets on US Fed rate hike fears. The capital’s premier FTSE 100 index closed 2.63 per cent lower at 7,297.15 points, while the domestically-focused FTSE 250, which is more aligned to the health of the UK economy, lost 3.64 [...]
Remembering the birth of the the metaverse January 18, 2022 Dr Chris Kacher looks back on the foundation days of the metaverse - a time when he was known as Damien the Dreaded and Redrum.
FTSE 100 edges lower as investors dump housebuilders December 30, 2021 London’s premier index edged lower today driven down by investors selling off real estate stocks despite fresh data released today showing UK house prices are rising at the fastest pace since before the financial crisis. The capital’s premier FTSE 100 index closed 0.24 per cent lower at 7,403.01 per cent, while the mid-cap FTSE 250 [...]
Vive la metaverse, and all hail DAOs! December 22, 2021 DeFi is the backbone of a new financial system that displaces legacy banking, says Dr Chris Kacher.
Berkeley upgrades guidance on strong demand for London housing December 8, 2021 Housebuilder Berkeley Group this morning upgraded its earnings guidance for the current financial year by 5 per cent, after a “resilient sales market” coupled with its investment in new regeneration development projects across London helped it deliver profit ahead of estimates. Earnings guidance was raised for pre-tax profits to increase by 5 per cent a year [...]
How Fiat will get Minimized or Replaced Leading to Evolutionized Forms of Government October 26, 2021 Modern society runs on databases that are run by TTPs (Trusted Third Parties). TTPs decide, in practice, your rights, from trivial to important such as whether your hotel airline reservation is cancelled, if you can only wire a limited amount to your crypto-exchange, that you are not allowed to use AirBNB and if you are [...]
European markets tank on toxic mix of threats October 6, 2021 European markets tanked today, driven by a toxic mix of mounting “stagflation” fears, looming rate hikes and soaring energy costs. London was among the worst performers as investors mull whether the British economy could be barrelling toward a biting bout of “stagflation” that would squeeze businesses. The capital’s premier index plummeted 1.28 per cent to [...]
Boss of collapsed Avro Energy used firm to pump cash into family accounts September 24, 2021 The boss of Avro Energy reportedly used the recently collapsed energy firm to pump more than £3m into his family’s other businesses and accounts. The firm’s collapse has led to around 580,000 families fearing higher bills this winter and is the biggest failure of a household supplier so far amid the UK’s gas crisis. Jake [...]
Avro Energy used by boss to pump cash into family firms – CityAM : CityAM September 24, 2021 The boss of Avro Energy reportedly used the recently collapsed energy firm to pump more than £3m into his family’s other businesses and accounts. The firm’s collapse has led to around 580,000 families fearing higher bills this winter and is the biggest failure of a household supplier so far amid the UK’s gas crisis. Also [...]
Tax hikes pull London markets down September 7, 2021 Sliding financial stocks pulled London markets down today after prime minister Boris Johnson announced a hike to dividend taxes and national insurance. The capital’s premier index fell, the FTSE 100, slipped 0.48 per cent to 7,152.75 points, while the mid-cap FTSE 250 had 0.62 per cent shaved off its value to fall to 24,097.48 points. [...]