Making waves: Why Ripple is the cryptocurrency to watch January 31, 2018 Ripple is the latest in a retinue of challengers to bitcoin’s dominance, being by far the most commercially successful of any blockchain company. This is largely thanks to its transformative offering to financial service institutions. Despite this, many people inside and outside the cryptocurrency community have been left asking what the company Ripple actually is. [...]
London office investment hit record levels in 2017 after the Walkie Talkie and Cheesegrater sales January 31, 2018 The sales of two of London’s most iconic skyscrapers pushed overseas investors’ interests in central London offices to record levels last year, as buyers from the far East flocked to the capital. Figures by CBRE showed investment in central London offices swelled by 26 per cent to £16.4bn last year, after £3.5bn was invested in [...]
KodakCoin ICO: Cryptocurrency launch delay sends share price tumbling (KODK) January 31, 2018 Shares in camera company Kodak have tumbled after it delayed the launch of its own version of bitcoin. KodakCoin had been expected to be available to buy today, however, many wannabe investors were left frustrated after Kodak revealed that only accredited investors earning over $200,000 would be able to buy the tokens. And the verification [...]
Financial services trade jumps with EU fastest-growing services trade partner for UK ahead of Brexit January 31, 2018 The EU was the fastest growing partner for trade in British services during 2016, with companies’ increased use of financial services at the vanguard of record growth, according to government data published today. UK imports of services rose by £5bn in 2016, according to the most up-to-date data from the Office for National Statistics (ONS), [...]
Six Nations 2018: Eddie Jones’ England would surpass the greatest Six Nations sides in history by winning a third title in a row January 31, 2018 Throughout its various iterations, from the original Home Nations format to its expansion to the modern-day Six Nations, and its 134-year history, no team has ever won the championship three times in a row. Over the next few weeks, for the first time since 2002, England have the chance to complete a hat-trick of titles. [...]
Craft beer maker FourPure to create 20 new London jobs with £2.5m brewery investment in Bermondsey January 31, 2018 Craft brewer FourPure has put £2.5m into expanding its Bermondsey brewery, increasing capacity by 400 per cent. The project will create 20 new jobs and allow the brand, which is stocked in the likes of M&S, Tesco, Asda and Ocado to keep up with demand. Co-founder Daniel Lowe said the company was now talking to [...]
Former boss of Poundland owner Steinhoff reported to the police January 31, 2018 The former chief executive of embattled retail giant Steinhoff has been reported to the police by the firm. Markus Jooste resigned from Steinhoff, which owns Poundland and Bensons for Beds in the UK, last December when the company postponed its financial statements. Read more: Activist short-selling fell in 2017 as hedgies dug for overvalued stock [...]
Overseas investment in London offices hit record levels in 2017 after the Walkie Talkie and Cheesegrater sales January 31, 2018 The sales of two of London's most iconic skyscrapers pushed overseas investors' interests in central London offices to record levels last year, as buyers from the far East flocked to the capital. Figures by CBRE showed investment in central London offices swelled by 26 per cent to £16.4bn last year, after £3.5bn was invested in [...]
The insurance industry needs to embrace blockchain, starting now January 31, 2018 In March 2017, the expression “financial inclusion” hit its peak popularity on Google. This is excellent news. There are over two billion unbanked individuals in the world today – people with no access to banking services. This is a global problem. In India, 19 per cent of the population – 1.2bn people – is unbanked, [...]
Central banks have “considered issuing cryptocurrencies”, Italian economy minister says January 31, 2018 Italy’s economy minister has revealed that some central banks have considered issuing cryptocurrencies in order to avoid bubbles. “Some central banks are looking into, and have even considered issuing, cryptocurrencies, to avoid bubbles that explode and do damage sooner or later,” Reuters reported Pier Carlo Padoan said today at an event in Milan. Interest in [...]