Is this crisis capitalism’s fault? No. And neither was the last one March 23, 2023 In the fourth of an eight part series, Dr Rainer Zitelmann mythbusts the arguments against free markets. Today, it’s “Capitalism repeatedly leads to new economic and financial crises” For as long as there have been anti-capitalists, they have been anticipating the great crisis that would bring about the final, irreversible collapse of capitalism. Karl Marx [...]
Let’s be honest, the financial sector needs to learn to get the basics right March 23, 2023 After the collapse of both Credit Suisse and Silicon Valley Bank, the financial sector needs to learn the basics before an over-emphasis on ESG, writes Matthew Lesh
Lawsuit against City grandee Sir Stuart Lipton over 22 Bishopsgate is dropped March 22, 2023 A lawsuit filed against City grandee Sir Stuart Lipton over the development of 22 Bishopsgate has been dropped after a judge described the case against him as “wholly misleading.” Former business partner Hamid Alqumairi claimed he was key in fixing the deal to build one of London’s tallest skyscrapers and was owed £11 million in [...]
Flare illuminating the utility issues of blockchain March 22, 2023 Hugo Philion, CEO and co-founder of Flare, discusses the limitations of blockchain and how a flood of data may be the solution.
UK taxpayers face a £56bn bill if sewage and water systems are to be fixed, House of Lords committee warns March 22, 2023 It will potentially cost £56bn over multiple decades to update the UK’s creaking and outdated water and sewerage systems.
Bitcoin back above $28k on important day for markets March 22, 2023 Bitcoin’s lack of robust support at $28k seems to have disappeared as the flagship crypto is trading strongly above $28,200 this morning.
Three Ways To Make Financial Services More Human March 22, 2023 | Sponsored Bowler hat. Three-piece pinstripe suit. A classic umbrella with a wooden curved handle. It would be easy to think that the financial lending market still carries an air of old-school attitudes and thinking, based on its formal and traditional roots. Arguably, the financial services sector has had the privilege of operating from a position of [...]
UK house prices: Growth down while rents soar by their highest in seven years March 22, 2023 Private rent paid by tenants in the UK rose 4.7 per cent in the 12 months to February 2023, up from 4.4 per cent in the 12 months to January 2023, according to the Office for National Statistics which also reported that house prices increased 6.3 per cent in the same period. Annual private rent [...]
Superdry share price up three per cent after sale of Asian Pacific IP for £40m March 22, 2023 Struggling fashion brand Superdry has sold the intellectual property of its Asia Pacific offering to South Korean retail group Cowell Fashion Company for $50m (£40m) in a bid to boost funds. The deal will see Cowell own and sell the Superdry in the Asian market starting with its home market of South Korea and then [...]
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