Wear all colours, not just crypto orange and black June 9, 2023 Embrace generative AI, don’t be a Luddite, ignore the cults, cuddle the LLM and look towards a brighter future, urges an affectionate Monty.
EP: 205 Haydock, Beverley & Hong Kong June 9, 2023 Haydock stages two Group 3 races, including the John of Gaunt Stakes on Saturday, plus a clash of the sprinters in the Achilles Stakes. In Yorkshire, two-year-olds feature at Beverley as we look forward to the Hilary Needler Trophy and the Two Year Old Trophy, both run over five furlongs. City AM Racing editor Bill [...]
UBS agrees £8bn loss protection deal paving way for completion of Credit Suisse tie-up June 9, 2023 UBS has agreed a loss protection deal with Swiss authorities worth CHF9bn (£8bn), paving the way for the merger of Switzerland’s largest banks next week. Under the arrangement announced today, UBS will bear the first CHF5bn of potential losses on a defined portion of Credit Suisse’s assets. The Swiss government will then cover the next [...]
The Punter Summary Podcast 10 June June 9, 2023 Here’s your chance to hear all of City AM racing editor Bill Esdaile’s best weekend tips in a short summary episode of ‘The Punter Podcast’ alongside Chris Barnett. The full weekend preview is also available on the City AM website. The Punter ‘The Punter’ has been City AM’s dedicated sports betting section for over a [...]
Odey: Hedge fund in ‘active discussions’ with brokers amid misconduct allegations June 9, 2023 Odey Asset Management has revealed it is in “active discussions” with its broker partners, after fresh misconduct allegations published against its founder led banks to review their relationship with the fund. It followed a report in the Financial Times (FT) – together with Tortoise Media – which included several allegations of sexual harassment or misconduct [...]
Bitcoin is showing great resilience as it enters a new era June 9, 2023 Crypto is here to stay, in one form or another, so lets keep on innovating and building during these turbulent times, says Jason Deane.
‘Economic stability must come first’: Labour’s Reeves backtracks on £28bn green prosperity plan June 9, 2023 Labour has backtracked on its £28 billion green prosperity plan, saying “economic stability” must come first if it wins the next election. Shadow chancellor Rachel Reeves said the Opposition could not commit to spending figures until the financial situation it would inherit becomes clearer. The party had promised in 2021 to invest £28 billion a [...]
Sunak urged to stop Johnson handing a ‘carousel of cronies’ honours June 9, 2023 Labour has renewed calls for Rishi Sunak to stop Boris Johnson handing honours to a “carousel of cronies” amid speculation the list could be published imminently. Shadow immigration minister Stephen Kinnock said the Prime Minister had “caved in” to appease warring factions within the Conservative Party by reportedly accepting his predecessor’s recommendations. The list, which [...]
Move aside Marbella, Ibiza and Tenerife, the UK is set to bask in 28C as weather alert upgraded June 9, 2023 The UK Health Security Agency (UKHSA) has upgraded an alert for hot weather in five regions of the country as warnings have also been issued for thunderstorms over the weekend. Parts of the country are predicted to be hotter than Marbella, Ibiza and Tenerife in the coming days as a “plume of warm air” moves [...]
FTSE 100 live: London markets close lower on strong pound ahead of Fed and ECB next week June 9, 2023 Markets in London closed lower on Friday as a stronger pound and uncertainty over the global economy weighed on investor sentiment. The FTSE 100 closed 0.5 per cent lower while the FTSE 250 finished the week 0.1 per cent lower. Caution was the watchword in London today ahead of next week, which will be big [...]
