Fifth of adults using buy-now-pay-later services once a month January 5, 2022 Usage of buy-now-pay-later (BNPL) services has exploded over the past year, according to new research from TSB.
Goldman Sachs predicts Bitcoin could hit $100k in next five years January 5, 2022 Global investment bank Goldman Sachs has predicted that Bitcoin's price could hit $100k (£73.8k) if the asset surpasses gold as a store of value.
CPI inflation to scale to highest rate in recent history this spring and smash Bank of England’s expectations January 5, 2022 Inflation will hit a record high and smash the Bank of England’s expectations this year, according to bets laid by City analysts. The UK’s mainstream measure of inflation will accelerate to a peak of 6.8 per cent this April, propelled higher by swelling energy bills, investment banking giant Goldman Sachs warned yesterday. However, the cost [...]
Airbnb agrees to hide US guest names in bid to tackle racism January 5, 2022 Booking platform Airbnb has announced it will hide the names of its US guests from hosts until after their booking has been accepted.
Uniper secures €10bn to cope with gas price volatility January 5, 2022 Uniper has picked up €10bn from parent company Fortum and state bank KfW to avoid a cash crunch amid record gas prices.
Trading platform Open Mineral boosts development plans with double hire January 5, 2022 Swiss raw material trading platform Open Mineral has boosted its development plans with two new hires.
NFT marketplace Opensea valued at $13.3bn after bumper funding round January 5, 2022 The world's largest NFT marketplace, Opensea, has reached a $13.3bn (£9.8bn) valuation after a nine-figure series c funding round.
Together Energy on the brink of collapse after funding bid fails January 5, 2022 Council-backed supplier Together Energy is on the brink of collapse after its last-ditch search failed to find fresh funds, according to Sky News.
Tough Omicron curbs whack European economy as growth dips to nine-month low January 5, 2022 Reimpositions of tough measures to curb the spread of coronavirus across Europe whacked the bloc’s economy last month, reveals a closely watched survey released today. The Eurozone economy grew at the slowest monthly pace in nine months in December, according to IHS Markit’s composite purchasing managers’ index (PMI). December’s reading fell to 53.3 from 55.4 [...]
Boost for Global Britain as UK exporters enjoy £620m surge in post-Brexit trade with South Korea January 5, 2022 A “huge” demand for British products and services in South Korea is boosting UK companies exports to the east Asian country, according to the government. International trade secretary Anne-Marie Trevelyan said that British firms saw a £620m surge in exports to South Korea last year, a jump of nine per cent. Trade between the UK [...]