Lloyds Pharmacy puts all 1,300 sites under threat of closure in another blow for post-Covid UK high street March 3, 2023 Lloyds Pharmacy has put all of its 1,300 sites at risk of closure in another major blow for the highstreet. According to reports in The Sun, the private equity owner of the embattled chemist has launched a “strategic review of its entire UK store base”. It’s understood that process could lead to a sale of [...]
Three takeaways as Silvergate concerns impact price of Bitcoin March 3, 2023 In the wake of trouble for crypto bank Silvergate, Nigel Green urges industry leaders to work together on workable regulation.
Arm deals blow to UK tech industry by rejecting London listing for a NASDAQ flotation March 3, 2023 Cambridge-based technology firm Arm said it will pursue a US-only stock market listing this year, dealing a blow to the UK markets. The plans from the company, owned by Japanese investment giant SoftBank, come despite heavy lobbying by successive prime ministers and cabinet members. In January, Rishi Sunak reportedly restarted talks with SoftBank to persuade [...]
EP: 184 Kelso, Newbury, Doncaster, Hong Kong March 3, 2023 Saturday sees the Morebattle Hurdle as the highlight at Kelso’s biggest meeting of the year. A huge bonus is on offer to any horse who wins the Morebattle and then at the Cheltenham Festival. The feature race at Newbury is the Greatwood Gold Cup, with the Grimthorpe Chase the highlight of Doncaster’s race day. City AM Racing [...]
March 4th – Punter Podcast Summary March 3, 2023 You can now hear all of City AM racing editor Bill Esdaile’s 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 decade with [...]
Crypto: Nationwide bans credit card exchange payments and HSBC limits digital currency spending as consumer risk fears grow March 3, 2023 Several UK banks have restricted their customers from buying crypto assets as concern grows about the risks posed by digital currency to customers. In an email to customers earlier this week, Nationwide said it would not allow payments to crypto exchanges using its credit cards and would impose a £5,000 daily limit on current account [...]
‘Fading recession fears’ boost optimism as services sector bounced back to growth in February March 3, 2023 The UK’s service sector bounced back to growth in February as business optimism improved and activity expanded at the fastest pace since June. The S&P Global/CIPS UK services PMI survey showed a reading of 53.5 in February, up from 48.7 in January and slightly ahead of market expectations. Any score above 50 is considered growth [...]
Crypto will face years of legal arguments before a cohesive framework is in place March 3, 2023 Jason Deane notes that last week's positive sentiment in the crypto markets is suffering from a bear market hangover.
MP Neil Coyle to be suspended from Commons over drunk tirade using ‘abusive language with racial overtones’ March 3, 2023 MP Neil Coyle has been recommended for a five-day suspension for drunkenly abusing two people in a Commons bar, using “abusive language with racial overtones” on one occasion. The Independent Expert Panel found he breached Parliament’s bullying and harassment policy in a report published on Friday over two incidents. One was the “foul-mouthed and drunken [...]
Who wants to be a millionaire? Isa do! The fund and trust-based savings accounts that have made a mint since 1999 March 3, 2023 Savers who have ferreted away their annual tax-free individual savings account (Isa) allowance since the scheme was launched in 1999 would have seen some serious returns. While Isa millionaires, are few and far between there are some funds that have helped savers grow their Isa pots to over six figures. According to savings platform AJ [...]
