Anti Brexit activist Gina Miller warns ‘we don’t have a functioning democracy’ after party’s Monzo account shut July 28, 2023 Anti-Brexit campaigner Gina Miller has warned that “we don’t have a functioning democracy” if new political parties cannot access banking services after she was told her own party’s account would be shut. The Government and financial services watchdog must step in and ensure new parties and MPs can access banking to be able to operate, [...]
The US is finally warming to digital assets July 28, 2023 Sheila Warren, CEO of the Crypto Council for Innovation, highlights the importance of clarity for regulations over digital assets.
Ex Fed chair Ben Bernanke to lead review into Bank of England forecasting July 28, 2023 Ben Bernanke, ex-chair of the Federal Reserve, has been appointed to lead a review into the Bank of England’s forecasting during times of significant uncertainty. The review aims to strengthen the Monetary Policy Committee’s (MPC) approach to forecasting during times of uncertainty, such as the Russian invasion of Ukraine. Bernanke, a Nobel prize winning economist [...]
Explainer: Why are plane tickets so expensive? July 28, 2023 Have you recently found yourself making an Excel spreadsheet of flights prices for a summer holiday, or trying to strategise how to book flights for that international trip like it was a game of chess? If you have, that’s because flying has become more and more expensive over the past year. The owner of British [...]
Yorkshire fined £400,000 and hit with points deductions over racism scandal July 28, 2023 Yorkshire have been hit with points deductions in two formats and fined £400,000 over the racism scandal linked to their former player Azeem Rafiq. A Cricket Discipline Commission panel said £300,000 of the fine imposed had been suspended for a period of two years. The club have also immediately been docked 48 points from their [...]
I’m no fan of Nigel Farage, but he’s suddenly shown us how Bitcoin can safeguard our freedoms July 28, 2023 Nigel Green believes Nigel Farage has shown how Bitcoin emerges as a powerful and transformative force for financial good.
Insolvencies hit highest level since 2009 as firms feel pressure from rates and inflation July 28, 2023 The number of company insolvencies in the second quarter hit its highest level since 2009, new figures showed, as firms struggled with a cocktail of rising costs and a tightening lending environment. In the three months to June 2023, there were 5,240 seasonally adjusted registered company insolvencies, nine per cent higher than last quarter and [...]
Adidas releases fresh batch of top-end Yeezy trainers after severing Kanye links July 28, 2023 Adidas has said it is releasing a second batch of high-end Yeezy trainers after cutting ties with rapper Ye, formerly known as Kanye West, as the German sportswear brand seeks to unload the unsold shoes while donating to groups fighting antisemitism. The online sale, to start on Wednesday through Adidas smartphone apps and its website, [...]
Worldcoin falls under scrutiny of UK data watchdog July 28, 2023 The UK's data watchdog is set for a showdown with iris-scanning cryptocurrency platform Worldcoin over its launch in London.
John Lewis revamps marketing approach as it tackles losses July 28, 2023 John Lewis has created a ‘customer planning team’ to make the most out of its marketing budget in stores and online, as it struggles with huge losses. The upmarket British retailer, famed for its annual tearjerker Christmas ad, has appointed Andreas Nicolaides to lead the new team from October. John Lewis, which owns Waitrose, said [...]
