Boris Johnson’s approval rating at record low after Paterson sleaze saga November 7, 2021 Boris Johnson’s approval rating has hit a record low in the wake of his attempt to overhaul parliament’s rules to get ex-Tory MP Owen Paterson off the hook for an “egregious” breach of lobbying rules. A poll from Opinium/The Observer today saw Johnson’s approval rating slump four points to -20, surpassing his previous low of [...]
Brexit: UK drawing up plans to deny EU £15bn if there is no NI settlement : CityAM November 7, 2021 The UK is preparing to withdraw from major EU research programmes and deny Brussels £15bn if the row over the Northern Ireland Protocol is not resolved. The government is looking at alternatives to the EU’s Horizon Europe, Copernicus and Euratom programmes, which Brussels has blocked the UK from joining despite assurances in the post-Brexit divorce [...]
Brexit: UK to deny EU £15bn of funding if there is no Northern Ireland settlement November 7, 2021 The UK is preparing to withdraw from major EU research programmes and deny Brussels £15bn if the row over the Northern Ireland Protocol is not resolved. The government is looking at alternatives to the EU’s Horizon Europe, Copernicus and Euratom programmes, which Brussels has blocked the UK from joining despite assurances in the post-Brexit divorce [...]
Hoax: Bitcoin Cash tumbles after Kroger confirms press release is a fake November 5, 2021 The price of Bitcoin Cash spiked today after a fake press release made it onto Kroger’s website confirming the US supermarket chain would accept BCH payments. The release appeared on Kroger’s investor relations page, but was later deleted with the company explaining that the page gets automatically updated with announcements posted on PR Newswire where [...]
FC Porto sign Binance as official fan token partner November 5, 2021 Binance has penned a multi-year partnership with football giants FC Porto to become official fan token provider.
Bitcoin isn’t boring – it’s consolidating! November 5, 2021 The price of Bitcoin has been tightly range bound since around October 21, but the significance of this should not be underestimated.
Oil price recovers after OPEC rejects Biden’s push for more supplies – CityAM : CityAM November 5, 2021 Oil prices showed signs of recovery on Friday, with Brent Crude rising to $81.25 after sharply falling two per cent from $84 a barrel on Thursday. WTI Crude also increased by over nearly $1 from Thursday, having declined 2.5 per cent in the previous session. The returns to growth follow OPEC+ producers rebuffing calls from [...]
Bank of England boss Bailey rebuffs claims he ‘bottled it’ on interest rate call – CityAM : CityAM November 5, 2021 The Governor of the Bank of England Andrew Bailey has pushed back on criticism that he talked up a interest rate rise, then failed to follow through. Bailey denied the Bank of England “bottled it” yesterday, adding: “We expect interest rates to rise and we are very clear”. The pound sank against the dollar yesterday [...]
British Airways owner IAG sees losses shrink to €2.6bn as Covid travel restrictions ease – CityAM : CityAM November 5, 2021 The owner of British Airways and Iberia, IAG, reported a shrinking €2.6bn (£2.3bn) for the first nine months of 2021, with passenger numbers slowly returning to the skies. For the third quarter, the airlines group reported an operating loss of €452m compared to € 1.9bn for the same period last year. Also Read: Business travel [...]
How finance can help forge a cleaner future for all November 5, 2021 | City Talk This article first appeared in ICAS’ CA magazine. Finance can help forge a cleaner future for all, and the contribution of accountants will prove essential, says James Alexander, CEO of the UK Sustainable Investment and Finance Association Earlier this year, the UK Sustainable Investment and Finance Association (UKSIF) celebrated its 30th birthday by publishing its policy [...]