1 Minute Market Rundown – 30th March 2022 March 30, 2022 | City Talk Russia – Ukraine de-escalation?Asian Stocks higherCrypto consolidates Risk continues to trade firm overnight and this morning as the market begins to see the path of least resistance as a de-escalation in geopolitical risks from the Ukraine invasion. It would take a brave person to say we are completely out of the woods but it is [...]
Facebook algorithm pushes climate sceptics deeper into disinformation March 30, 2022 A new investigation has revealed that Facebook users that show an interest in climate scepticism are being driven towards more extreme forms of climate disinformation by algorithms, despite the social media giant's claims of a crackdown.
Businesses urged to boost cyber security as new data reveals a third of firms are suffering weekly attacks March 30, 2022 Businesses and charities are being urged to strengthen their cyber security practices now as new figures show the frequency of cyber attacks is increasing.
City A.M. Awards 2022: Analyst of the Year March 30, 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 [...]
Crypto markets flat as MicroStrategy announces another massive Bitcoin purchase March 30, 2022 The price of Bitcoin is currently holding steady at about $47,400 with the Ethereum price treading water at $3,400.
Everton FC registers £120m loss after pandemic impact and suspension of Usmanov support March 29, 2022 Everton Football Club registered a £120.9m loss in 2021, meaning it’s almost £400m down over the last four years. The beleaguered Merseyside club attributed its loss to the pandemic as it published annual accounts this week, against the backdrop of severed sponsorship with a sanctioned Russian oligarch. It said there were £170m losses despite a [...]
Staines Town FC halts operations amid claims its owners breached sanctions and modern slavery laws March 29, 2022 Staines Town Football Club (STFC) has halted all operations after claiming its owners failed to comply with sanctions and breached the Modern Slavery Act 2015. The football club said it had been forced to suspend all primary operations amid an investigation into investment manager, Downing LLP, which acquired the club in 2008. “Until the necessary [...]
UK has more than £854bn in offshore wealth, with 0.92 per cent lost from GDP March 29, 2022 UK citizens own more than £854bn in offshore wealth, ranking it fifth in Europe when measured as a percentage of lost GDP. Britain lost an estimated £19.2bn in tax because of the problem according to new research by anti money laundering group Credas Technologies, with the overall figure representing almost one per cent of national [...]
Rishi Sunak under pressure over wife’s ‘blood money’ through family firm still operating in Russia March 29, 2022 Rishi Sunak has been criticised by a Ukrainian MP over his wife’s family firm – which is still operating in Russia. Akshata Murthy, who is married to the chancellor of the exchequer, has been accused of collecting millions in “blood money” dividends. Her estimated 0.91% stake in Infosys, which was founded by her father Narayana, [...]
Women and money making: What’s your business model? March 29, 2022 | City Talk What do women around the world think is the most important component to their personal business model? Last year, I interviewed 53 accomplished women for my research paper “Smart Women: How Do They Make Money?” released on 8 March 2022. In celebration of International Women’s Day 2022, I thought I’d share some examples of how women [...]