Plan to tackle fraud makes UK ‘less attractive’ for investment, payments lobby group warns June 26, 2023 The UK’s payments industry is under threat from proposals designed to tackle fraud, the main payments body has warned. In a letter to Lord Dominic Johnson, minister of state for investment, the Payments Association – which represents over 300 payments firms – warned “some regulators regulate in a way that stifles the growth of our [...]
Blackrock and Mastercard fuel crypto confidence as Bitcoin climbs above $31,000 June 26, 2023 Bitcoin has climbed to its highest level in over a year in recent days as top financial firms including Blackrock doubled down on their commitment to crypto.
Rich Brits only group to pocket disposable income rise as inflation chokes poorest families’ finances June 26, 2023 The richest households in the UK are the only group to have undergone a living standards improvement over the last year, while poorer families are being whacked by sky high energy and food bills, according to research out today. Top earners in Britain have seen their post-bill weekly income increase 2.1 per cent over the [...]
China and India fuel record high coal prices despite falling US and EU usage June 26, 2023 Coal prices climbed to record levels last year driven by rising demand across Asia, according to a new report on global energy trends.
Bitcoin retraces to $30,200 after registering 2023 high above $31,000 June 26, 2023 Bitcoin posted a new high for 2023 when it breached $31k before retracing to around $30,300 this morning, while Ethereum closes in on $1.9k.
Onshore wind is not just about net zero, it’s a vote winner June 26, 2023 Onshore wind is not just about going green, it's a vote winner that could ease bills and liberalise planning for housing and transport.
Aehra Sedan revealed: Italian super saloon targets 500-mile EV range June 26, 2023 The second new model from Italian EV startup Aehra is a sleek luxury saloon, likely to offer 350kW charging capacity and around 800hp.
RAF intercepted 21 Russian planes in last 21 days as ‘stark reminder’ of Nato’s importance June 26, 2023 RAF planes in the Nato alliance have intercepted 21 Russian jets in as many days, as the Kremlin’s war in Ukraine continues to dominate Europe. Royal Air Force Typhoon jets, which are part of Nato’s Quick Reaction Alert system in Estonia were scrambled daily over the last three weeks, as Moscow continues to provoke European [...]
Aston Martin in £182m partnership with start-up to make ‘ultra-luxury’ EVs as it reworks Mercedes deal June 26, 2023 Aston Martin has announced a deal with US EV manufacturer Lucid Group to build ‘ultra-luxury’ electric vehicles, as it ditches elements of a previous 2020 agreement with Mercedez Benz. The Gaydon-headquartered firm said that it would issue £182m worth of shares and cash payments, in exchange for electric batteries and powertrain components, with US-start up Lucid [...]
Cineworld to file for administration and suspend London listing in restructuring overhaul June 26, 2023 Cineworld is set to file for administration and suspend trading on the London Stock Exchange next month as part of a major bankruptcy restructuring plan, the firm revealed today.
