Inflation could push past seven per cent in 2022, economists caution January 4, 2022 Inflation could push past the seven per cent mark this year, economists have cautioned, as living costs swell. The new year could bring the highest levels of inflation since the 1990s, economists told The Times, after prices rose by 5.1 per cent in the year to November. More than a third of economists forecast inflation [...]
New year, new record: S&P 500 hitting new high on first day of 2022 is sign investors remain bullish about stocks January 4, 2022 The new year start off with a bang for global markets as Wall Street recorded record highs for the S&P 500 and the Dow Jones Industrial Average. The S&P 500 rose 0.6% and the Dow finished 0.7% higher. Both indexes eclipsed the record highs they set last Wednesday. The Nasdaq composite rose 1.2%. Technology stocks [...]
Brits face cost of living assault on all fronts in 2022 January 4, 2022 Brits are facing a cost of living crunch on all fronts in 2022, reveal fresh figures released today. Prices in shops accelerated 0.8 per cent in annually in December, just the second time prices have risen in over two years, according to the British Retail Consortium (BRC). The rise has been driven by food retailers [...]
Warner Music snaps up David Bowie’s songs in $250m deal January 3, 2022 Warner Music has snapped up the rights to David Bowie's entire song catalogue for a reported $250m in the latest music industry mega-deal.
Post-Christmas slump: UK shopper numbers fall 15 per cent in a week January 3, 2022 UK shoppers shirked the high street in the week following Christmas as concerns about the the rapid spread of omicron continued to bite.
Bitcoin hashrate touches new all time high January 3, 2022 Bitcoin's hashrate has reached a new all time high after surpassing levels last seen in April 2021, before China's crackdown on crypto miners.
Samsung jumps on NFT bandwagon with smart TV rollout January 3, 2022 Samsung is taking the plunge into the crypto space with its new line of smart TVs which will let users buy, trade and display NFTs.
Staff shortages could force business closures in the New Year January 3, 2022 Businesses in the retail and hospitality sectors are being hit hard by staff absences as Omicron surges according to industry chiefs.
PMI: Signs of supply chain restoration emerge in Europe January 3, 2022 Signs that the supply chain crisis that has plagued economies across the world is easing are emerging in Europe, reveals a closely watched survey released today. The amount of time it takes manufacturers in the Eurozone to get their hands on materials rose at the slowest pace since February last year, according to IHS Markit’s [...]
AIM ropes in best year for fundraising in over a decade January 3, 2022 London’s junior stock market roped in its best year for fundraising in nearly a decade and a half this year, reveal new figures released today. Money raised on AIM in 2021 topped £9.4bn, the highest value since 2007, according to the London Stock Exchange. Some 64 companies floated on the junior market, its most active [...]