Cohn-backed SPAC readies to take European lottery operator public January 23, 2022 A SPAC backed by former Goldman Sachs president and Trump adviser Gary Cohn is readying to take a European lottery group public in a $9.3bn listing.
Poverty looms for 15m Brits: Cost of living crisis grows as more and more people cannot keep up with household bills January 23, 2022 Millions of Brits are finding it harder to keep up with bills and credit commitments, as that number has doubled since the start of the pandemic to almost one in three, research by a debt charity warned this weekend. Nearly one in three British adults – 30 per cent or 15 million people – say [...]
Forbes 30 under 30 data shows London is the best city in the world to be a young entrepreneur January 23, 2022 Using the Forbes 30 Under 30 lists from Europe, North America, Russia, Asia and Africa, London has been named as the best city in the world to be a young entrepreneur. Despite North America being by far the most popular in providing Forbes Under 30 candidates, London is the most popular city for young entrepreneurs [...]
Brexit: Finland, Luxembourg, Portugal and Greece are exploiting Brexit as UK exporters are being ‘replaced’ January 23, 2022 Smaller EU countries are benefitting from Britain’s departure from the European Union. This is largely because they fill up the Brexit exporters’ spots. In fact, this situation could reduce the UK’s exports to the EU by -7.73 per cent by 2025, according to new analysis shared with City A.M. this week. The top three countries [...]
Four-day working week pilot launches in UK with 100-80-100 model: Full pay and productivity but 80 per cent of the time January 22, 2022 A four-day working week six-month pilot programme has been launched today in the UK. Participating companies and organisations will trial a four-day week with no loss in pay for employees based on the principle of the 100:80:100 model. This entails 100 per cent of the pay for 80 per cent of the time, in exchange [...]
Gold prices finally rise amid Wall Street turbulence and inflationary pressures January 21, 2022 Gold could be returning to its established role as an inflation hedge, with prices finally increasing after many weeks of treading water.
Oil: Market rally drums up hopes of $100 prices amid tightening supplies and international tensions January 20, 2022 Rebounding demand, tightening supplies and geopolitical tensions could power oil prices above $100 per barrel for the first time in eight years.
Household energy bills could rise twice this year warns industry boss January 20, 2022 Household energy bills are likely to rise again in October despite a predicted 50 per cent jump this spring, warns the chief executive of Energy UK.
Silver: Golden opportunity or flash in the pan? January 19, 2022 Silver prices are closing in on two-month highs of $24 per ounce, amid disappointing US manufacturing figures and inflationary pressures.
Sony faces biggest share fall since financial crisis following Microsoft’s £55bn bid for Call of Duty maker January 19, 2022 Japanese tech giant Sony experienced its biggest one-day share drop since the global financial crisis on the Tokyo market, following Microsoft’s $75bn (£55bn) bid for Call of Duty maker Activision Blizzard.