Tinkering did for England in the Nations League but no need for a culture war over Southgate June 15, 2022 It is as well that Gareth Southgate has always seemed acutely aware of the thin ice on which England managers exist, given the reaction that greeted Tuesday’s defeat to Hungary. The shock 4-0 loss, England’s heaviest in a home fixture for more 90 years, prompted boos from the Molineux crowd and, laughably, even the odd [...]
Revolve brings a buzzy brasserie to bustling Broadgate Circle June 15, 2022 Imagine Magaluf but populated entirely by people who work in finance – that’s Broadgate Circle on a balmy summer evening. It’s a mad, sweaty cauldron full of pink-faced men drinking lager and gently glistening in the heat. Take a step back from the epicentre and you’ll find a second, slightly elevated circle of bars and [...]
Bill Gates says he’s not involved in crypto or NFTs, mocks them for being based on “greater fool theory” June 15, 2022 Bill Gates is sceptical of cryptocurrencies and non fungible tokens (NFTs), blasting them for being based on “greater fool theory”. Speaking to TechCrunch on Tuesday, Microsoft’s billionaire ex-CEO said he’s not involved in crypto or NFTs, saying they were “100% based on a sort of greater fool theory, where someone is going to pay more [...]
Russian man arrested at Gatwick Airport on suspicion of spying for the Kremlin June 15, 2022 A Russian man in his 40s has been arrested at Gatwick airport on suspicion of spying for the Kremlin. Counterterrorism police with Scotland Yard made the swoop reportedly as the suspect was trying to get on a plane and leave the country, according to The Sun. The Met Police said in a statement to City [...]
Bitcoin holds above $20k ahead of US inflation meeting June 15, 2022 Bitcoin is currently changing hands for just above the $21k level, down another five per cent over the past 24 hours.
Q&A: Are we heading towards a commodity super-cycle? June 15, 2022 | City Talk Commodities have achieved strong price gains recently, prompting speculation that we could be in the early stages of a so-called super-cycle; a sustained period of growing demand exceeding supply. Global commodity prices have moved higher in the past few months, partly due to geopolitical issues such as Russia’s invasion of Ukraine. A mismatch of demand [...]
Prize fighter Eldarov to give his rivals a royal beating in the Queen’s Vase June 14, 2022 Prize fighter Eldarov to give his rivals a royal beating in the Queen’s Vase STRADIVARIUS won the 2017 renewal of the Queen’s Vase (3.05pm) before going on to become one of the greatest stayers of all time. It is highly unlikely there is a horse of his calibre in today’s field, but it looks [...]
Population of High Net Worth Individuals in the UK grew to 609,400 in 2021 as wealth rose globally June 14, 2022 The number of people in the UK with investable assets of $1 million or more, called High Net Worth Individuals (HNWI), rose 6.3 per cent to 609,400 in 2021 as wealth increased globally. The 2022 World Wealth Report by Capgemini on Tuesday revealed that the global HNWI population grew 7.8 per cent in 2021, with [...]
Coinbase to cut staff by 18 per cent as it warns of crypto winter June 14, 2022 Crypto exchange Coinbase will lay off 18 per cent of its workforce as it warned of a recession and a crypto winter. Coinbase CEO Brian Armstrong said the decision was based on the need to manage expenses and increase efficiency as the company looked to “stay healthy during this economic downturn”. “We appear to be [...]
Government buys stake in Sizewell C and paves way for funding June 14, 2022 The government has made progress on its proposed funding scheme for nuclear power, with Sizewell C set for taxpayer backing.