Tag: Markets & Economics
over 2 years ago
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Relx beats expectations for full year earnings as profits hit £1.69bn

Telecoms, media and tech group Relx has beaten full year earning expectations with investors pocketing 87.6p per shar...

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over 2 years ago
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Persistent labour crunch intensifies pay pressures in sign of sticky inflation

A shallower pool of available workers and growing calls among staff for employers to lift pay to offset the cost of l...

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over 2 years ago
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Go for growth to avoid economic stagnation, experts urge

Going for growth by avoiding repeatedly hiking taxes to fund an ever-expanding British state is crucial to boosting t...

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over 2 years ago
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Inflation crunch to intensify as wave of firms hike prices to survive cost assault

A cost assault is forcing businesses to hike prices to protect margins in a sign the UK cost of living crisis is set ...

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over 2 years ago
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Crocodile of Wall Street: Amateur rapper accused in $4.5bn Bitfinex hack

Heather Morgan, one half of the couple arrested in connection with the theft of $4.5bn worth of Bitcoin, has a bizarr...

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over 2 years ago
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Bank of England chief wonk backs ‘steady handed’ approach to rate hikes

The chief wonk at the Bank of England today backed a “steady handed” approach to rate hikes despite a projected more ...

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over 2 years ago
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Consumer price cap: Is the safety net fit for purpose?

Ofgem remain committed to the price cap, but how much of a role has it played in the ensuing energy crisis?

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over 2 years ago
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London markets boosted by financials rally

London markets soared this morning led higher by a rally among financial stocks. The capital’s premier FTSE 100 index...

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over 2 years ago
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Govt told: 'Don't overpromise but be honest' about Brexit as red tape, costs and delays hit UK firms

The public spending watchdog warned this morning that UK trade with the EU has been knocked by Brexit and businesses ...

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over 2 years ago
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Exclusive: Sceptical environmentalist Bjorn Lomborg on 50 years of misguided climate panic

Bjorn Lomborg is President of the Copenhagen Consensus and Visiting Fellow at Stanford University's Hoover Institutio...

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over 2 years ago
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More economists warn of cost of living crunch’s drag on UK growth

The squeeze on households’ living standards from the cost of living crunch will drag on the UK economy this year, rev...

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over 2 years ago
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Breaking: two charged in connection with £3.8bn hack of crypto exchange Bitfinex

Over $3.6bn worth of stolen Bitcoin has been recovered by US law enforcement and two people charged in connection wit...

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over 2 years ago
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Plan B curbs to put downer on otherwise historic year for UK economy

The re-emergence of Covid-19 restrictions put a downer on an otherwise historic year for the UK economy, reveal new f...

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over 2 years ago
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Stablecoins are not the future of payments, says New York Fed Bank

The Federal Reserve Bank of New York has poured cold water on claims that stablecoins could form the basis of a futur...

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over 2 years ago
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Cost of living crunch bites Brits’ optimism

Fears over a sharp erosion in living standards driven by the cost of living crunch is weighing on Brits’ confidence l...

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over 2 years ago
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EU mulls metaverse regulation as businesses jump into virtual reality

As key players in fashion, tech and finance develop virtual reality metaverses EU authorities are considering new rul...

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over 2 years ago
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KPMG Canada adds Bitcoin and Ethereum to balance sheet

KPMG's Canadian arm has added Bitcoin and Ethereum to its corporate treasury, marking the accounting giant's first di...

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over 2 years ago
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Bumper BP profits lead FTSE 100 higher

A resurgence in profits at BP prompted investors to flow into the oil giant, boosting London's top index this morning...

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over 2 years ago
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Global Britain: £500bn Brexit boost and 5m jobs via supercharge of UK exports and new trade ties

Supercharging UK exports may result in a £500bn Brexit boost and could create up to 5m new jobs, according to a group...

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over 2 years ago
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Take off: Tui revenue jumps 400 per cent as travel restrictions ease

In a sign the travel industry is making a post-pandemic comeback Tui revenues have climbed by 406 per cent in the fir...

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over 2 years ago
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Arm scrambles for new CEO as $40bn mega deal with Nvidia collapses

British chip maker Arm has rushed to appoint a new chief executive after its $40bn sale to Nvidia collapsed amid oppo...

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over 2 years ago
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B.P Marsh boosts dividend nearly 14 per cent after strong sales

Niche venture capital provider B.P Marsh has increased its dividend 13.9 per cent after offloading assets above previ...

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over 2 years ago
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Treasury's £4.3bn fraud write-off likely to be eclipsed by £20bn Covid loan defaults as CBILs and...

The £4.3bn of Covid loans that may have to be written-off by The Treasury due to fraud and highlighted by the recent ...

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over 2 years ago
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Profit jumps 96 per cent for Mattioli Woods amid string of acquisitions

Wealth management firm Mattioli Woods saw interim profits climb by 96 per cent in a sign that a string of takeover de...

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over 2 years ago
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Meta's threat to close down Facebook and Instagram in Europe backfires as EU leaders embrace shut...

European leaders have responded to Meta's indirect warning to shut down its Facebook and Instagram operations across ...

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over 2 years ago
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Bellway revenue climbs to £1.78bn amid record numbers of new homes

Housebuilder Bellway is on track for revenue of £1.78bn in the first half of the year driven by a record number of ho...

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over 2 years ago
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Cost of living crunch already hitting consumer spending even before inflation peaks

The cost of living crunch is prompting Britons to rein in spending even before inflation reaches its expected summit ...

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over 2 years ago
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Crypto investment products hit by record outflows

Crypto investment products have suffered record outflows at the start of 2021 as investors lost their appetite for risk.

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over 2 years ago
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Exclusive: Railsbank CEO on finance's 'iTunes moment', ripping up the rule book and the might of ...

British fintech Railsbank is eyeing up ‘unicorn’ status as it looks to raise $100m funding which would value the firm...

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over 2 years ago
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Losses deepen for London-listed Bitcoin miner Argo Blockchain

Losses have deepened for London-listed bitcoin mining company Argo Blockchain following legal woes and a dip in the p...

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over 2 years ago
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Bank of England has undercooked inflation forecasts again, City economists warn

The Bank of England has undercooked its forecasts for inflation again in a sign the cost of living squeeze will get w...

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over 2 years ago
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Silencing Joe Rogan ‘not the answer,’ says Spotify Boss

The chief executive of Spotify has rejected calls to ban Joe Rogan from the platform after removing dozens of his pod...

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over 2 years ago
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London markets climb as airlines take off

London markets jumped this morning driven by airlines taking off. The capital’s premier FTSE 100 index climbed 0.54 p...

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over 2 years ago
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LV= chair steps down amid merger talks with Royal London

Royal London is engaged in talks with LV= which could see the two companies merge to become a UK insurance heavyweight.

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over 2 years ago
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Spiralling inflation pushes average UK house price to record £276,000

The average UK house buyer forked out 9.7 per cent more in January 2022 than they would have done a year ago.

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over 2 years ago
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UK fintech investment hits £27.5bn, a sevenfold increase in just twelve months

UK fintech investment topped $37.3bn (£27.5bn) in 2021, a sevenfold increase compared to 2020, as dealmaking activity...

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over 2 years ago
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National Insurance tax hike to hit UK apprenticeships, warns FSB

The Federation of Small Businesses (FSB) has called out government's national insurance tax hike amid falling numbers...

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over 2 years ago
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New campaign to champion £1.65tn UK asset management industry

The City of London Corporation is working with the government on a campaign promoting the UK as a leading global inve...

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over 2 years ago
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Ethical brand Tony's Chocolonely finds 1,700 child labourers in supply chain

Anti-slavery chocolate brand Tony's Chocolonely has admitted that 1,700 child labourers were involved in its supply c...

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