Here’s how you can avoid getting badly burnt in the cryptocurrency revolution February 20, 2018 Investing in cryptocurrency is not for the faint-hearted – a fact that has become increasingly apparent over recent weeks. After making some impressive gains at the end of last year, nearly all the major digital currencies have since come crashing down, only to gather momentum once again. These violent swings have triggered a fresh surge [...]
Jeremy Corbyn slammed for dubbing City “pernicious and undemocratic” February 20, 2018 Jeremy Corbyn has been slammed by City chiefs for attacking the “pernicious and undemocratic” influence of the financial services sector. The Labour leader will today reignite his party’s war against the City, saying his party will make it “the servant of industry not the masters of us all.” Speaking at a conference organised by manufacturing [...]
Wigan Athletic 1, Manchester City 0: Pep Guardiola’s quadruple hopes go up in smoke as Will Grigg stokes Wigan’s party February 19, 2018 Manchester City boss Pep Guardiola cut a defiant figure after his side’s hopes of an unprecedented quadruple were destroyed as League One Wigan produced a spectacular FA Cup upset. Wigan survived near-constant pressure, even after City were reduced to 10 men following Fabian Delph’s sending off on the stroke of half-time, but their defensive stoicism [...]
Chelsea v Barcelona preview: Antonio Conte admits to having sleepless nights over prospect of facing Barca February 19, 2018 Chelsea boss Antonio Conte admits the prospect of facing Barcelona has given him sleepless nights but insists his side are ready to embrace the tag of underdogs and topple their fearsome rivals in the Champions League last 16. While they are unbeaten in their last seven matches against Barcelona, the Blues head into Tuesday’s first [...]
Barcelona star Lionel Messi backed to overcome Chelsea hoodoo in Champions League last 16 tie February 19, 2018 Barcelona coach Ernesto Valverde has played down the significance of Lionel Messi’s failure to score in previous matches with Chelsea ahead of Tuesday’s Champions League clash between the teams. Barca’s No10 has scored 97 goals in the competition yet has drawn a blank in eight appearances against the Blues, even missing a penalty in the [...]
Inflation pressures remain on Briitsh households as living costs rise at fastest pace in a year February 19, 2018 Living costs for Britons rose at the fastest pace in a year in February as the inflationary pressure continues to squeeze household finances, according to a closely followed survey. UK households’ finances deteriorated at the fastest space since July, according to IHS Markit, with its index falling to 42.2 from 42.9 in January, well below [...]
Bank of England governor Mark Carney says these are the three things all good leaders must do February 19, 2018 The Bank of England governor Mark Carney today said leaders must do three things to be a success: find and develop the right people, set priorities and catalyse action. Speaking at Regent’s University London today, Carney said tonight: “Of these, arguably the most important is focusing on finding and developing the right people.” “Developing the [...]
More shareholders raise concerns that Richemont offer “undervalues” yoox Net-a-Porter February 19, 2018 Shareholders in luxury online retailer Yoox Net-a-Porter (YNAP) have raised concerns that a proposed takeover bid undervalues the business. Ciccio Azzollini, chief executive of Italian investment firm 3IP and a YNAP investor told City A.M. that an offer by Montblanc owner Richemont of €38 per share is too low. The bid values YNAP at €5bn [...]
One of the oldest parts of the Tube network is about to become “one of the most modern” as TfL wraps up signalling testing February 19, 2018 Work to improve a batch of Tube lines has moved up a gear after the completion of a major test of the new signalling system which will allow trains to run closer together and up the frequency of services. Transport for London (TfL) said one of the oldest parts of the Tube network will become [...]
Who’s vulnerable if the bitcoin bubble bursts? Retail investors hardest hit with banks left unscathed, says S&P February 19, 2018 A total collapse of cryptocurrencies would hit retail investors hardest and leave global banks largely unscathed – for now, at least. The bitcoin bubble bursting would have an “insignificant effect” on global financial stability due to the relatively limited exposure of banks and their so far “cautious approach” to cryptocurrencies. Read more: This startup is [...]