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      Healey revives ‘price-gouging’ threat as cost of living options narrow

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City A.M. Content

  • BT Sport to become TNT Sports: Here’s what it means for price, programming and existing customers

    February 21, 2023

    BT Sport is to be rebranded as TNT Sports in the first major development of the joint venture between BT Group and Warner Bros Discovery. Under the rebrand, which will take place in July, programming will stay largely the same, with TNT Sports remaining centred around live Premier League and Champions League football, domestic and [...]

  • SPOTLIGHT: Crypto Correct founder Oliver Hammond on his Charles Bronson exhibition

    February 21, 2023

    Crypto AM shines its spotlight on Oliver Hammond, founder of Crypto Connect, and his ambitious collaboration with the notorious Charles 'Salvador' Bronson

  • Price of Bitcoin slapped back from $25k after meeting resistance

    February 21, 2023

    The price of Bitcoin peaked this morning at $25,288 as it tests the $25k level, but has since been kicked back to $24,700.

  • Inheritance tax brought in nearly £600m a month, as experts warn that frozen threshold is punishing taxpayers

    February 21, 2023

    Inheritance tax (IHT)receipts for January 2023 totalled £578m up from £443m in the same month a year ago, according to HMRC figures. It takes the total inheritance tax take for the 2022-23 Financial Year to date to £5.9 billion, £853 million higher than through the same period last year. The total IHT take for 2021-22 [...]

  • BHP profits dive £2.6bn as world’s largest miner falls victim to China’s pandemic restrictions

    February 21, 2023

    BHP has suffered a heavy decline in profits, following pandemic restrictions in China and reduced demand for iron ore.

  • Jeremy Hunt’s fiscal rules are holding back the UK economy – it’s time for change

    February 21, 2023

    Bean counters are running the Treasury again.  I’m imagining sheets of paper plastered with Jeremy Hunt’s current fiscal rules pinned up around Whitehall to remind departments of the belt-tightening needed to balance the books. Fiscal rules are targets Chancellors have aimed to meet since George Osborne pivoted away from Gordon Brown’s “Golden Rules” in 2010 [...]

  • Prepayment customers twice as likely to go into debt, new data reveals

    February 20, 2023

    People with prepayment meters in their homes have been nearly twice as likely to dip into debt due to the cost of living crisis than others.

  • Can The Maldives cure me? I went to find out

    February 20, 2023

    “The first dedicated wellness retreat in the Maldives,” they said. “Nonsense,” I said. Every Maldivian island and their dog has “well-something” splashed across their website. Once you’re done petting dolphins, what else is there to do but be tended to by therapists promising repair, realignment, reconnection, restoration and revitalisation? “I’m not having it,” I thought. [...]

  • Analysis: Fintechs need to get back to basics and forget the flashy stuff

    February 20, 2023

    Fintech firms in the UK have long driven new products trying to change the game in financial services, but as investment dries up in the face of a recession, they need to go back to basics, writes Lyle Wraxall.

  • Bitcoin digs in as the battle for $25k begins

    February 20, 2023

    The price of Bitcoin yesterday broke $25,000 for the first time since June last year, settling around $24,500 this morning.

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