Grant Shapps gave private ‘assurance’ to top Tory about scrapping of £3bn HS2 branch from bill April 7, 2022 A proposed £3bn branch of HS2 linking Crew and Manchester with the west coast may be scrapped, the transport secretary reportedly told a senior Tory MP. The government insists no decisions have been made about the Golborne Link element of the project, despite claims Grant Shapps privately promised the chair of the 1922 committee, Sir [...]
Bitcoin and Ethereum blown into choppy waters by interest rate storm April 6, 2022 The price of Bitcoin price was down 2.53 per cent this morning to $45,463, while Ethereum was down 4.3 per cent to $3,368.
Ed Sheeran wins copyright battle for Shape of You April 6, 2022 Ed Sheeran wins his three-week High Court battle this morning after the music star was accused of being a music magpie over his hit song Shape of You.
Cryptocurrency markets uncertain ahead of major Bitcoin conference April 5, 2022 The relative calm in the crypto markets continues today, with the Bitcoin (BTC) price up one per cent over the past 24 hours to around $46,600.
City A.M. Awards 2022: Personality of the Year April 5, 2022 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]
What does the current volatility mean for energy transition investing? April 5, 2022 | City Talk The driving forces behind the energy transition remain as strong as ever and the current market volatility has only enhanced these trends. There is a lot going on in the financial markets right now. Meaningful inflation has returned for the first time in decades. Supply chains everywhere continue to be disrupted. Geopolitical and social tensions [...]
Giving crypto the ministerial seal of approval comes with responsibilities April 4, 2022 As Rishi Sunak is finding out, value can be volatile. Last year he was the odds-on favourite to replace Boris Johnson in Number Ten, popular with Tory party members and (for a Cabinet minister, at least) the public at large. Alas this year, though Sunak has done very little differently, his stock isn’t quite flying [...]
Zelensky says Bucha massacre is a ‘genocide’ as US moves to kick Russia off UN human rights body April 4, 2022 Ukraine’s president has called on the world to recognise Russia’s massacre in Bucha as a ‘genocide’. While visiting the city, just outside of Kyiv, President Zelenksy appeared in a bullet-proof vest and spoke about the alleged mass murder of civilians, revealed through gruesome images and videos shared online today. He said according to the Times: [...]
1 Minute Market Rundown – 4th April 2022 April 4, 2022 | City Talk Russia – UkraineETH and SOL outperformingFed mind in focusS&P tops out March proved to be another strong month for employment data with the headline number inline and unemployment ticking lower. The tight labour market has reaffirmed the hawks’ calls for a 50bps hike in May by the FED. Of the remaining 6 meetings for the [...]
Market for nuclear weapons could near £100bn by 2030, fuelled by war in Ukraine April 4, 2022 The market for nuclear weapons could near £100bn in the next 10 years, as Russia’s war in Ukraine continues to push up military spending. The reported 72 per cent increase from 2020 levels would be a major spike from the estimated value of $73b (£55bn), two years ago. The Kremlin’s sabre-rattling, including putting its nuclear-ready [...]