January 14th – Punter Podcast Summary January 13, 2023 You can now hear all of City AM racing editor Bill Esdaile’s weekend tips in a short, summary episode of the Punter Podcast alongside Chris Barnett. The full weekend preview is also available on the City AM website. The Punter ‘The Punter’ has been City AM’s dedicated sports betting section for over a decade with [...]
Bitcoin keeps on rising, despite being surrounded by bad news narratives January 13, 2023 Jason Deane goes beyond the headlines as Bitcoin continues to move upwards against a backdrop of crypto catastrophes.
Probe into Revolution Beauty’s accounts flag ‘concerns’ over £9m sales and personal loans made to employees January 13, 2023 An independent investigation into troubled cosmetics maker Revolution Beauty identified concerns, including over certain historical sales, inventory provisioning methods and personal loans made by a former CEO. The probe was instigated by the company’s auditors BDO last autumn and has already claimed the scalp of former chief executive officer Adam Minto who stepped down from the [...]
Why your ‘smart’ TV will only last two years – Which? January 13, 2023 “Smart” appliances such as TVs and washing machines risk losing features and functionality after as little as two years because manufacturers are not providing vital updates, a consumer group has warned. Which? said its research found that smart devices including dishwashers and inkjet printers, which might be expected to last more than a decade, could [...]
Gemini and Genesis charged by SEC over unregistered offer and sale of crypto securities January 12, 2023 The SEC has tonight charged Genesis Global Capital, LLC and Gemini Trust Company, LLC for the unregistered offer and sale of securities.
“We can’t stop London changing”: Londoners’ unquenchable thirst for Thirsty Thursday January 12, 2023 Work from home Friday and Thirsty Thursday have become the new normal, as the four day week in the office becomes a regular part of our lives. As the City adapts, City A.M. ceases printing on Friday and takes our news to where our readers are, online, with the paper running Monday to Thursday as [...]
Open banking enters ‘new phase’ after CMA rules six major banks fulfil requirements January 12, 2023 Open banking has entered a “new phase” after the Competition and Markets Authority (CMA) determined that the six largest banks in the UK have implemented the requirements of the open banking roadmap. The open banking trustee advised the CMA on Monday that Barclays, HSBC, Lloyds, Nationwide, NatWest and Santander had implemented the remaining roadmap items. [...]
How We’re Trading US CPI This Week January 12, 2023 | City Talk Not much action to kick off the week unfortunately, but US CPI on Thursday is probably the reason for that. With markets lying in wait, hopefully that means there are some opportunities to be taken advantage of as we head into it tomorrow. Bigger Picture In the lead up to the release we need to [...]
As US inflation eases off 40-year high, Fed likely to ease off on back-to-back jumbo rate hikes January 12, 2023 US inflation is at its lowest level in 15 months, fuelling speculation the Federal Reserve will step back from further jumbo interest rate hikes in 2023, Official figures out today show the rate of price increases in the world’s largest economy fell to 6.5 per cent in December, down from 7.1 per cent in November, [...]
Watch on the Rhine, Donmar Warehouse, review: Not as desperately sad as it should be January 12, 2023 ★★★☆☆ In the opening moments of Watch on the Rhine, the word “misinformation” is pertinently thrown about. It feels thoroughly modern and in some ways, it is. The word has existed since the 1500s, which justifies its appearance in Lillian Hellman’s 1941 play about Kurt Muller, an anti-fascist protestor who flees possible incarceration in Germany [...]