Explainer: Rishi Sunak vs the climate lobby July 7, 2023 Rishi Sunak has a thorn in his side that won’t go away, unfortunately for all of us: the climate crisis. This week, his government faced legal action over its revised climate strategy from campaign groups including Friends of the Earth and Good Law Project. The campaign groups went to the High Court challenging the climate [...]
Here’s an inconvenient truth for Europe – the US will dominate the digital asset arena July 7, 2023 Jean-Marie Mognetti, CEO of CoinShares, returns from the US with some unexpected conclusions about the future of digital assets.
Jaguar Land Rover reports sales boost as chip shortage eases July 7, 2023 Jaguar Land Rover reported a big sales increases for the first quarter on Friday, with wholesale volumes up 30 per cent compared with the same period a year ago as the global chip shortage and supply constraints “continue to improve.” The luxury car marque said it also expects free cash flow – what a business [...]
‘End of an era’: Ford Fiesta begins endless siesta July 7, 2023 The last ever Ford Fiesta will be made today, marking the end of the line for Britain’s best selling car brand. Over four million of the popular cars were sold in total, according to industry estimates, with it remaining the UK’s most popular make in the first quarter of 2023. Ford’s £1.6bn Cologne factory is [...]
Why DeFi can lead the way for crypto in Europe July 7, 2023 With the right development and innovation, DeFi has the potential to revolutionise the finance world, says Jason Tucker-Feltham.
Exclusive: City of London Corporation will ‘explain and retain’ two slave owner statues with plaques July 7, 2023 Links to slavery in the Square Mile will be tackled plaques on two statues of controversial historic figures, following a planning application lodged this week. City A.M. can exclusively reveal the City of London Corporation is looking to affix explainers on statues for two-time Lord Mayor William Beckford and former MP and philanthropist Sir John [...]
Bank of England turns to Nuggets to address CBDC privacy concerns July 7, 2023 London-based Nuggets is working with the Bank of England on an experiment to design a privacy layer for the UK’s CBDC.
It’s been an odd week for Bitcoin, but not as odd as it’s been for Twitter and Elon Musk July 7, 2023 As a 'Bitcoiner' Jason Deane details why he's uncomfortable with the prospect of one person being in control of the global chatter.
EP: 213 Sandown, Haydock & Hong Kong July 7, 2023 The Group 1 Coral Eclipse, run over a mile and a quarter, and the Group 3 five-furlong Charge at Sandown are the feature races at the Esher track this weekend. Paddington is the only 3-year-old runner this year and his trainer Aidan O’Brien joins us on today’s episode. Haydock is the venue for the Group [...]
Shell anticipates ‘significantly lower’ gas trading as investors ‘sit on hands’ July 7, 2023 Shell said it anticipates “significantly lower” gas trading in its second quarter results, but questions remain about the energy titan’s claim it’s linked to ‘seasonality’. Ahead of their 27 July results, the firm claims its expected dip was down to “seasonality” in the market, while stressing that the performance would be “in line” with the [...]