London house price growth slows, but you’ll still need over £1m to live in Camden, Kensington or Westminster March 20, 2023 The price of the average London home stood at £680,806, according to online estate agent Rightmove, which found that house prices in the capital rose 2.5 per cent compared to three per cent in Britain as a whole in the last 12 months. When looked at borough-by-borough, property prices fared differently. So while Camden residents [...]
Gas prices slide ahead of spring as banking chaos sparks recession fears March 20, 2023 Gas prices have dropped in this afternoon's trading as warmer weather and economic turmoil eased expectations of demand.
Will Bitcoin break $35,000 this month? March 20, 2023 Nigel Green highlights key pillars that could bolster Bitcoin's efforts to continue its upward pattern and potentially hit $35k this month.
Firms which fail to improve ESG performance will face action, FCA warns March 20, 2023 Companies creating benchmarks to measure environmental, social and governance (ESG) performance will be hit with enforcement action if they fail to improve their “poor” performance, the Financial Conduct Authority (FCA) warned today. The City watchdog has been tightening rules around ESG claims and is set to roll out a host of new measures this year [...]
Amazon to sack 9,000 more workers as mass tech job cuts continue March 20, 2023 Amazon is slashing another 9,000 employee job roles worldwide as the tech giant steams ahead with further cost-cutting measures. The firm made staff aware of the job cuts in a note by chief Andy Jassy, who said workers in the Amazon Web Services, human resources, advertising and Twitch units would be most impacted by the [...]
Explainer: The Met Police is at risk of being broken up March 20, 2023 The Met Police have faced scandal after scandal in the last few years. The past couple of years cast light on serious failings to get rid of violent, misogynistic and racist officials. After the murder of Sarah Everard by serving officer Wayne Couzens, many women don’t trust the police anymore – only 4 per cent [...]
Bank of England confirms AT1 bondholders priority over shareholders as it proclaims UK banks ‘safe and sound’ March 20, 2023 The Bank of England confirmed the pecking order in which investors would be paid out if a bank went bust as it sought to reassure markets about the stability of the UK’s financial system. In a statement released today, the UK central bank confirmed that alternative tier 1 (AT1) bondholders would be prioritised over shareholders [...]
Strong performance on price of Bitcoin after stablecoins recover peg and staked Ether withdrawals near March 20, 2023 Data from CryptoCompare shows that the price of Bitcoin surged from around $22,000 at the beginning of last week to now change hands above the $28,000, with the cryptocurrency market having outperformed other assets over the last few days. Ethereum’s Ether, the second-largest cryptocurrency by market cap, moved similarly to BTC, jumping from around $1,580 [...]
Over 100 Met Police officers facing abuse claims are still working, new data reveals March 20, 2023 More than 100 Metropolitan Police officers facing probes into domestic or sexual abuse accusations are still working as normal, it has emerged. Of the 548 officers facing investigations over claims of domestic or sexual abuse or both, 144 of these officers are still doing their everyday duties, according to data obtained via a Freedom of [...]
RMT: Rail union workers accept pay offer as end of strikes on horizon March 20, 2023 Members of the RMT in Network Rail have voted overwhelmingly to accept an offer to end the long-running dispute over pay, jobs and conditions. In a turnout of nearly 90%, members voted by 76% to 24% in favour, signalling an end to the bitter row, which led to a series of strikes in recent months. [...]
