EU regulator concerned about ability to hire specialised staff to enforce crypto rules July 27, 2022 The European Union’s banking regulator is concerned about finding specialised staff to oversee the EU’s proposed crypto regulations, the Financial Times reported. The European Banking Authority expressed worries over talent retention in the crypto industry as it gears up to regulate the EU’s MiCa rules for crypto, most of which will come into force from [...]
Spotlight on the week’s top performer: Trust Wallet Token July 27, 2022 As the “crypto winter” continues to grip the industry, there is some positive news for Trust Wallet Token, this week’s top performer. The token has gained 12.33 per cent over the past seven days and was up about 2 per cent today to trade at $0.95 (£0.79). The token from crypto wallet Trust registered a [...]
The best new London rooftop bars to visit this summer July 27, 2022 There’s nothing like a rooftop bar in summer – and while old favourites like Frank’s Cafe in Peckham, Radio in Covent Garden and The Boundary in Shoreditch are timeless places to drink, it’s always worth trying somewhere new. Here are a raft of fresh rooftops that have recently opened, all well worth raising a glass [...]
Spotify defies market subscriber slump as users climb for streaming giant July 27, 2022 Spotify appears to have defied the subscriber downturn seen by many tech firms, posting a 14 per cent jump in paying subscribers in its second-quarter results.
The Other House shakes sustainable cocktails and celebrates British wine July 27, 2022 The newly opened The Other House promises to delight as soon as you step through the door. Furnished in a riot of colour, texture, gilt and feathers this is maximalism at its finest, but what captured me immediately is how good it all smells, thanks to their signature designed scent pumping through the air con. [...]
Bitcoin holds at $21k after shaky start to the week July 27, 2022 Bitcoin holds at $21k after shaky start to the week
Big Tech feels a big drop as Google and Microsoft struggle to maintain growth July 27, 2022 Both Google parent firm Alphabet and Microsoft posted weaker-than-expected earnings last night, as they grapple with the testing macroeconomic backdrop.
Provident Financial’s growth-as-expected prompts City firm to issue interim dividend July 27, 2022 Provident Financial announced solid growth in line with market expectations for the first half of the year and is set to recommend an interim dividend of 5p per share. The specialist banking group’s continuing profit before tax was at £54.3m compared to £63.5m in the first half of 2021 which the company said showed growth [...]
40,000 union rail workers walk out as travel chaos continues for Brits July 27, 2022 40,000 rail workers are striking today, as RMT union members at Network Rail and 14 other train companies walk out over pay and job terms.
Reckitt Benckiser announces strong revenue growth as it tackles inflation in the first half July 27, 2022 Reckitt Benckiser reported strong revenues and performance in the first half of 2022 as it continues to tackle the challenging inflationary pressures gripping the global economy. The consumer goods company reported a revenue growth of 8.6 per cent to £3.5bn and saw continued broad-based growth across all of its business units and geographies. Adjusted operating profit [...]