London homeowners face ‘grim’ mortgage cost hike of £7,300 if Bank raises rates again June 12, 2023 London homeowners looking to renegotiate their mortgage this year face a whopping £7,300 rise in annual costs as experts warn of the “grim reality” of rising interest rates. The Bank of England is predicted to hike interest rates for the 13th consecutive time this year to 5.5 per cent in efforts to cool soaring inflation, [...]
Third generation cryptocurrencies bearing the brunt of US regulatory scrutiny June 12, 2023 Bitcoin is trading flat, sitting just under $26k, while Ethereum is down by less than a percentage point over 24 hours.
Lights out: F1 Arcade secures tens of millions for global expansion June 12, 2023 A Formula 1 competitive gaming chain, founded by hospitality heavyweight Adam Breeden, has secured £30m in funding from investors to fuel its expansion globally. The concept, F1 Arcade, launched last year in St Paul’s, London and merges simulator racing with cocktails and food. The sport has grown in popularity in recent years, largely made popular [...]
Five amazing moments from Kite Festival 2023 June 12, 2023 The charming and idyllic Kite Festival of music and ideas, which ran for the second time this weekend, is well worth a visit. But for an ‘ideas’ festival, the line-up was overwhelmingly white “I never thought I’d be sharing a line-up with Michael Gove,” admitted the musician Lynks on Saturday night, playing a high-tempo set [...]
New biothreats radar amid warnings Covid vaccine prep ‘dismantled’ June 12, 2023 Government ministers are set to launch a new biothreats radar programme to guard the UK against disease outbreaks, bio-attacks and antimicrobial resistance. Pandemic preparedness, data monitoring and boosting the UK’s life sciences sector with £1.5bn a year are also priorities for the unit, set to be run by the National Situation Centre. Deputy prime minister [...]
Labour’s energy agenda needs a solution for the UK’s oil and gas demands June 12, 2023 Labour's energy manifesto needs a solution for the UK's oil and gas needs if the opposition are fit for government.
UK car and battery producers set to miss out on benefits from new UK-US partnership June 11, 2023 UK carmakers and battery producers will miss out on benefits from the much-anticipated US-UK economic partnership announced on Thursday, according to analysis from trade experts reported by the Financial Times. Britain’s automotive and electric vehicle (EV) industry had been hoping that “Atlantic Declaration” deals would help address concerns in the sector surrounding the impact of [...]
THG set for battle with shareholders over return of non-executive director June 11, 2023 E-commerce platform THG could face a shareholder rebellion at its upcoming annual general meeting this month over concerns surrounding the return of a non-executive director.
Tesco prepares its quarterly results as UK competition regulator circles supermarket June 11, 2023 Tesco is set to report its first quarter trading results on Friday as the UK’s competition regulator circles the country’s largest supermarket chain over concerns about its pricing strategies. Last week, it emerged that consumer goods champion Which? had reported Tesco to the Competition and Markets Authority (CMA) over claims that it does not display [...]
Crypto AM SPOTLIGHT on Swarm Markets: Paving the way for tokenisation of real-world assets June 11, 2023 Crypto AM turns its spotlight on Swarm Markets - a regulated blockchain platform and winner of the Crypto AM ‘Outstanding Contribution to DeFi’ award.