A CBDC ‘digital pound’ looks on the cards, despite concerns from Bank of England chief January 26, 2023 The winds of fortune appear to be turning in a favourable direction for the prospect of creating a digital pound, despite the best efforts of the Bank of England’s Governor to nip the idea in the bud. Andrew Bailey (pictured), who has held the position of Governor since 2020, recently put the boot in on [...]
Battle lines are drawn as Bitcoin bulls prepare to fight for $23,000 January 26, 2023 Bitcoin was briefly back up above $23,000 last night - even touching $23,800, while Ethereum moved up to $1,600.
Marks and Spencer’s chairman Archie Norman: Plans to ease post-Brexit trade ‘overbearing and baffling’ January 26, 2023 Marks & Spencer’s chairman has become the latest business leader to criticise the Government’s economic policy, with Archie Norman calling plans to ease post-Brexit trade “overbearing” and “baffling”. Norman, who is also an ex-Conservative MP, has urged the Foreign Secretary during talks with the EU not to consider separate labelling for goods sold in Northern [...]
UK car production at its lowest for 67 years, but EVs soar ahead with £10bn of exports alone January 26, 2023 UK car production fell to its lowest level since 1956 last year as output was hit by global shortages of semiconductor chips, figures show. A total of 775,014 cars were built in 2022, down 9.8 per cent from the 859,575 made during the previous year, the Society of Motor Manufacturers and Traders (SMMT) said. December [...]
A bad Musk: Ad spending on Twitter fell by 70 per cent in December, new data shows January 25, 2023 Spending on adverts on Twitter dropped by 70 per cent in December, new data has revealed. The fresh statistics, from advertising research company Standard Media Index, shows that firms are losing confidence in the social media platform and raises further questions about whether Musk will be able to turn things around. According to reports, Twitter [...]
FCA’s new sustainability rules to establish UK as world leader on anti-greenwashing January 25, 2023 Industry figures today claimed the UK was set to become a global leader in the fight against so-called greenwashing after the conclusion of a consultation by the financial regulator. The new rules aim to clamp down on greenwashing, when firms make exaggerated or misleading claims about the environmental credentials of their investment products. The Financial [...]
Murdoch cancels proposal to reunite Fox and News Corp as shareholders lack confidence January 25, 2023 Rupert Murdoch has abandoned an attempt to reunite Fox and News Corp after shareholders expressed their lack of confidence in the merger. An announcement by News Corp yesterday said Murdoch had retracted his proposal to “explore a potential combination of News Corp and Fox Corporation” in a letter to Fox and News Corp. The billionaire [...]
Tower’s historic RNLI lifeboat station is towed away for the last time after saving hundreds of lives, and launching 9,500 times January 25, 2023 The City’s historic Tower lifeboat rescue station been moved for the last time, after 16-years of operation saving hundreds of lives. Crew working on the station next to Waterloo Bridge will continue their vital work from HMS President, the Royal Naval Reserve’s training facility in the capital, before a new station is launched in April. [...]
Sam Mendes’ Empire of Light lacks a compelling story January 25, 2023 Empire of Light review and star rating: ★★☆☆☆ Empire of Light is one part of a broader artistic response to the peril cinemas found themselves in during the pandemic. Steven Spielberg’s love of the big screen will soon be explored in The Fabelmans, and Babylon was another of 2023’s odes to cinema. Olivia Colman stars [...]
Till film review: America’s shameful history retold elegantly from perspective of Black victims January 25, 2023 Till star rating: ★★★★☆ Nearly seventy years on, the murder of Emmett Till stands as one of the most shocking and shameful moments in American history. In 1955, 14-year-old Till was abducted while visiting family in Mississippi and lynched for a perceived offence to a white woman. His horrifyingly disfigured remains were found, and the [...]