Credit crunch: Data suggests high street banks reining in small business lending already May 10, 2023 Small and medium-sized enterprises (SMEs) are increasingly concerned about lending conditions as new data shows that high street banks are pulling back from SME lending.
Scandal-stricken Home REIT set to appoint property giant as new investment manager May 10, 2023 Embattled social housing investor Home REIT is set to appoint property giant AEW as its new investment manager as it looks to move on from a string of scandals over the past seven months, City A.M. has learned.
Bitcoin sets new daily transaction record amid Ordinals trend as crypto miners face potential energy tax May 9, 2023 Data from CryptoCompare shows the price of Bitcoin (BTC) started the week moving from around $27,500 to a $29,500 high.
London Mayor: Two Tories officially throw their hat in the ring to take on Sadiq Khan May 9, 2023 Ex-Boris Johnson advisor Samuel Kasumu and former City Hall Tory chief Susan Hall have announced they plan to stand as Conservative candidate to run against mayor Sadiq Khan. The news came as the party opened the race to decide its mayoral pick ahead of a July 19 deadline, giving the chosen name 10 months to [...]
Truss to Taiwan: Former PM to rile Beijing with visit to under-threat island May 9, 2023 Former prime minister Liz Truss is set to continue her comeback tour with a visit to Taiwan. She is expected to deliver a speech there next week amid fears over what the trip could mean for UK-China relations, after foreign secretary James Cleverly warned Britain should not “pull the shutters down” on the Asian superpower. [...]
Starmer refuses to rule out Lib Dem coalition May 9, 2023 Sir Keir Starmer has repeatedly refused to rule out a coalition with the Liberal Democrats if he does not secure a majority at the next general election. The Labour leader on Tuesday refused to rule out a pact with Sir Ed Davey’s party despite emphatically saying he would not team up with the Scottish National [...]
US regional banks slip again as PacWest leads peers lower following Fed’s lending survey May 9, 2023 US regional banks continued their slide on Tuesday with Western Alliance dragging down a number of its peers the day after the Fed’s latest lending survey. LA-based lender PacWest was trading nearly seven per cent lower while Western Alliance was nearly five per cent lower. Fellow struggling regional lender Comerica was 3.6 per cent down. [...]
Met chief says force stopped ‘fake stewards’ throwing paint May 9, 2023 Met Police chief Sir Mark Rowley has defended the force’s policing of the coronation and said officers stopped “extremely dangerous” protesters from causing disruption. Officers have faced heavy criticism after 64 people were arrested over the bank holiday weekend – including six protesters who were members of the anti-monarchy group Republic. The six campaigners were [...]
Erimo to bring John Size closer to the Championship May 9, 2023 A FLURRY of winners for trainer John Size in the past fortnight, including a winning treble at Sha Tin on Sunday, has now put the ‘The Master Trainer’ firmly in control of winning his 12th Hong Kong trainers’ title. With his nearest pursuer, Frankie Lor, 10 winners behind in the championship race, it’s also worth pointing [...]
Britcoin: BoE’s CBDC head says digital pound will have ‘very highest standards of privacy’ May 9, 2023 The Bank of England’s director of fintech batted away concerns that a digital pound would threaten privacy as he confirmed that it would not be exchangeable with cryptocurrencies as they currently exist. Speaking at the Financial Times’ Crypto and Digital Assets Conference, Tom Mutton – who is responsible for leading the CBDC unit at the [...]
