Christmas consumers face an epic hangover December 13, 2017 Britain’s inability to deal with a little snow may have kept shoppers from the high street this week, but Kantar Worldpanel and Nielsen (two of the biggest data firms going) have suggested that despite the weather, we’re gearing up to a cracker of a Christmas for retailers. For those who like to avoid the crowds, [...]
Spot the symptoms, stay sane, and run from the bitcoin bubble December 13, 2017 At the time of writing, the price of bitcoin is almost $17,000. In April, it was $1,000, which means that if you had bought then, you would have made more than seventeen times your investment. Not bad. But, if you’d got in a little earlier, say in January 2016, you would have made over forty [...]
Donald Trump’s tax code changes could give unexpected boost to the City December 13, 2017 Donald Trump’s proposed changes to the US tax code could result in London regaining its attractiveness for those working in the financial services, according to one of the former architects of Brexit. The Tax Reform Bill – although being criticised as a boon to the rich – could force the top rate tax bill to [...]
Venezuela’s ironic cryptocurrency distraction: the flaws of the Petro December 13, 2017 Last week Venezuela’s Maduro regime vowed to finally put an end to the nation’s economic woes by creating a sovereign cryptocurrency, the Petro. Falling oil prices coupled with years of corruption and economic mismanagement have created a toxic mixture of soaring inflation, rampant unemployment and a burgeoning underground economy. The Petro is being touted as [...]
Exclusive: Labour to meet Morgan Stanley after Jeremy Corbyn’s “threat” tweet December 13, 2017 Labour is seeking an audience with banking giant Morgan Stanley less than a fortnight after leader Jeremy Corbyn warned that his party was a “threat” to the investment bank. Shadow City minister Jonathan Reynolds is meeting one of Morgan Stanley’s most senior figures in the next few weeks in what he admitted would be a [...]
Huddersfield Town 1, Chelsea 3: Antonio Conte heaps praise on oft-criticised midfielder Tiemoue Bakayoko as Blues cruise December 12, 2017 Chelsea head coach Antonio Conte heaped praise on Tiemoue Bakayoko after the £40m midfielder went some way to silencing his critics as the Blues returned to winning ways at Huddersfield. Bakayoko, who was hauled off at half-time as Chelsea lost at West Ham on Saturday, opened the scoring, while further strikes from the impressive Willian [...]
Chris Tremlett: I fear another whitewash if England lose third Ashes Test against Australia at Perth December 12, 2017 Given they are 2-0 down, low on confidence, contending with niggly off-field distractions and set to play at the Waca which history suggests is not a happy hunting ground – I’m not particularly confident about England’s chances in the third Test. I also fear that if England lose in Perth and relinquish control of the [...]
Fitness advice: Why “toning up” should be struck from your list of health goals December 12, 2017 With 2018 rapidly approaching, this is the time of year people start to think about getting in shape and burning off the calories piled on over Christmas. The reason so many fail is that they don’t really understand what their goals are, which means the hard work and sacrifices don’t yield tangible results. The term [...]
Beaumgarten explosion: Gas prices soar after a deadly explosion at an Austrian pipeline hub December 12, 2017 An deadly explosion at a major gas pipeline hub in Austria today caused the UK’s natural gas prices to spike. The Beaumgarten site in Austria pumps gas throughout Europe from Russia. Gas Connect Austria, the operator, said the site had been shut down, and the fire brigade said one person had been killed and 18 [...]
ING CEO Ralph Hamers says what’s driving the value of cryptocurrencies like bitcoin and ethereum requires more understanding December 12, 2017 Ralph Hamers has said there isn’t yet enough detail behind what’s caused the unprecedented rise in value of cryptocurrencies such as bitcoin and ethereum. The ING chief executive was speaking to tech leadership platform Hot Topics during Money 20/20, a financial and technology event. He said: “How the value behind cryptocurrency is driven, how to [...]