Centrica slams Ofgem after regulator hesitates over ringfencing June 20, 2022 Centrica boss Chris O'Shea has reignited calls for the ringfencing of consumer balances, and has urged Ofgem to speed up reforms.
Conservatives received £500,000 donation from crypto lobbyist before crypto push June 20, 2022 The Conservative Party received a £500,000 donation from a crypto lobbyist two months before the government announced plans to make the UK a “global cryptoasset technology hub.” Thailand-based businessman Christopher Harborne donated the amount on 9 February 2022, the Electoral Commission website showed. The Conservatives announced in April their intentions to make the country a [...]
Crypto recovers slightly following sharp decline June 20, 2022 The prices of major cryptocurrencies rose following a steep decline over the weekend. Bitcoin rose by 6.91 per cent today to trade at $20,662.75 while Ether jumped 8.56 per cent to trade at $1,122.26. Cryptocurrencies crashed over the weekend as a feared crypto winter set in. Bitcoin dropped below $20,000 to lower than $17,800 on [...]
‘I am proud of them’: Biden backs Apple workers unionising June 20, 2022 President Joe Biden said he was proud of Maryland workers who voted to join a union at the weekend becoming the latest in a tranche of workers in the US unionising, following the likes of Starbuck and Amazon.
Euromoney receives £1.6bn takeover offer from private equity firms June 20, 2022 The board of Euromoney Institutional Investor PLC confirmed today that Astorg Asset Management S.àr.l and Epiris LLP (the Consortium) approached it with a possible all-cash offer of £1.6bn at £14.61 per share. This is the fifth time Euromoney has been approached by the two private equity firms, following possible all-cash offers of £11.75, £12.50, £13.10 and [...]
A twin-city break in charming Andalucia is now easier than ever June 20, 2022 “There should be more therapy involving fish,” says Carmen, my guide at the Riofrío caviar farm in the sleepy village of the same name, halfway between Granada and Malaga. Carmen’s crouching down and gazing into one of a dozen ten-metre-long pools of water. Behind her the backdrop of the angular Loja Mountains is framed by [...]
Train strikes: Disruption set to cost hospitality £540m and have ‘catastrophic’ impact on night economy June 20, 2022 This week’s rail and tube strikes are set to cost the hospitality sector £540m, as the nighttime economy will suffer a “catastrophic impact”. Trade union action on the transport network this week will “set back the recovery of our high streets and deter people from going out in the evening”, leading to hundreds of million [...]
Monday’s Crypto AM Daily June 20, 2022 The Week in review With Jason Deane The theme of last week’s summary was that the narrow trading range Bitcoin had been in for weeks was “boring, but necessary” as the underlying development work is being ground out without fanfare. But that was last week. This week, Bitcoin and the broader markets were very anything [...]
1 Minute Market Rundown – 20th June 2022 June 20, 2022 | City Talk Volatility ReignsUS Bank Holiday May Quieten the Market for a DayCrypto Cracks but Bounces Happy Monday everyone and being a US bank holiday we may get some respite from the constant volatility we have been experiencing. The weekend did not allow us any chance to relax with BTC and ETH dropping through 20,000 and 1000 [...]
Atos finance chief to exit firm in wake of IT consultancy’s plans to split June 19, 2022 Atos yesterday said its chief financial officer is set to leave his job, just days after the French IT consultancy’s chief executive, Rodolphe Belmer, said he is exiting the company, after it set out plans to split into two, separate, listed firms. The exit comes as shares in Atos have lost more than half their value [...]