This is a global, not a UK specific, economic slowdown October 24, 2022 Much attention has been devoted to the comings and goings at Number 10 Downing Street and the ailing economy in recent weeks, but the UK is not alone in wilting under the weight of soaring prices and interest rates. The eurozone economy, made up of the 19 countries that use the euro, is on course [...]
Something a little different from The MWek Company this week as our capital markets guy, Aj Rakhe, talks about a change in view in the landscape for ESG data. October 24, 2022 | Sponsored “A number of years ago, I bet that I was not the only one that turned the page, scrolled past or sighed and rolled my eyes at the mention of “ESG strategy”. I was adamant in my view (as someone who has worked within fixed income for most of my adult life) that an investor [...]
Bitcoin, Ethereum and Cardano prices kick off the week in buoyant mood October 24, 2022 The price of Bitcoin was at $19,331 this morning, up by 0.7% on the day and again in the green over seven days.
Exclusive: How London’s prime property financing space weathered Brexit, Covid and market mayhem October 24, 2022 Prime property finance is experiencing a boom in demand but battling falling prices. Yet, as the most resilient part of the market shows it can insulate itself from Brexit, the pandemic and current financial woes. While not immune from external shocks, its ability to recover faster than the rest of the industry makes it a [...]
EP: 165 Cheltenham, Doncaster, Newbury & Hong Kong October 21, 2022 The new jumps season gets underway at Cheltenham on Saturday, whilst we reach the end of the flat season with both Doncaster and Newbury staging Group races. Milton Harris produced Knight’s Salute to win a Grade 1 at Aintree last season and the Triumph Hurdle Trial winner returns to Prestbury Park for his seasonal reappearance. [...]
Trouble ahead from Bank of England, but Bitcoin is laying down sound foundations October 21, 2022 Crypto AM's Jason Deane tries to make sense out of a crazy week as Bitcoin's successes are in danger of being overshadowed by politics.
October 22nd – Punter Podcast Summary October 21, 2022 In our new feature, get 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 [...]
Chaos has made it easy for Labour, but there is an uphill battle to repair the damage October 21, 2022 The chaos of the past 44 days will force Starmer to set aside the schemes of socialists and the dreams of liberals, and instead do the work the Tories have ignored.
Philip Morris sweetens bid to snap up snus maker Swedish Match October 20, 2022 Philip Morris has sweetened its bid to grab smokeless tobacco specialist Swedish Match, as the cigarette giant makes a desperate push into alternative categories. The Malboro maker has today raised its offer for the nicotine pouch maker to 116 kronor ($10.34) per share from 106 kronor, hoping to finalise the takeover and appease hedge funds [...]
EU court adviser throws spanner in the works for telcos consolidation October 20, 2022 A top EU lawyer has undermined hopes of consolidation in the telcos sector after it backed a 2016 ruling that blocked a major £10.3bn merger. It comes after Advocate-General for the EU Court of Justice (ECJ) Juliane Kokott said this morning that a previous ruling involving Telefónica’s O2 and CK Hutchison’s Three, which went against [...]