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 [...]
Train derailment on line to London Bridge causes travel chaos on Thameslink June 9, 2023 A derailment within a depot between Dartford and London Bridge has forced all lines to be closed this morning. Major disruption was caused by the incident, with Network rail reporting just before 9am that the train was now clear of the track at Plumstead. However it was being inspected for damage caused so disruption would [...]
Wall Street: Bulls run again as S&P 500 climbs 20 per cent above October low June 9, 2023 Stocks rose just enough for Wall Street to barrel into a new bull market on Thursday as the S&P 500 keeps rallying off its low from last autumn. The index rose 0.6 per cent to carry it 20 per cent above a bottom hit in October. That means Wall Street’s main measure of health has [...]
Mark Carney: Ex BoE chief’s Brookfield set to win Network bidding war as £2.2bn offer backed by board June 9, 2023 FTSE 250 Network International has agreed a £2.2bn takeover offer from Canadian private equity giant Brookfield, becoming the latest in a string of listed firms to be taken private. Brookfield, which is headed by former Bank of England governor Mark Carney, will pay 400 pence per share representing a 64 per cent premium to Network’s [...]
