Bitcoin digs in as the battle for $25k begins February 20, 2023 The price of Bitcoin yesterday broke $25,000 for the first time since June last year, settling around $24,500 this morning.
US President Joe Biden makes surprise visit to Ukraine ahead of Russian invasion’s first anniversary February 20, 2023 US president Joe Biden has been spotted in the Ukraine capital Kyiv on a surprise visit this morning. The 46th president was filmed walking the city streets with Ukrainian president Volodymyr Zelenskyy, ahead of the first anniversary of the Russian invasion of Ukraine this Friday. Biden and Zelenskyy visited the Wall of Remembrance of the [...]
Post Brexit overhaul planned by FCA to secure the UK’s status as an international hub for asset management February 20, 2023 The Financial Conduct Authority is looking to overhaul rules governing the asset management industry in a bid to keep the UK attractive to international money managers after Brexit, the regulator announced today.
Nicola Sturgeon: Kate Forbes enters SNP race as Angus Robertson rules himself out February 20, 2023 Scotland’s finance secretary Kate Forbes has announced she will run to succeed Nicola Sturgeon as SNP leader and first minister of Scotland. Announcing her decision on Twitter she said: “I am today launching my bid to become Scotland’s next first minister, with the vision, experience and competence to inspire voters across Scotland.” In a video [...]
Water companies ordered to share plans for fixing sewage spills as Coffey considers tougher fines February 20, 2023 Water companies across England will have to explain why storm outflows are happening and what is being done to fix them.
Elizabeth Line: Almost half of Londoners have used the new route since May 2022 February 20, 2023 Nearly half of Londoners have used the Elizabeth line since it opened in May 2022, a new survey suggests. The results of a YouGov poll shared with the PA news agency indicate 45 per cent of the capital’s residents have made at least one journey on the £19 billion railway. That is up from 24% [...]
Tesco ‘considering sale’ of Tesco Bank, according to reports February 20, 2023 Tesco is considering selling Tesco Bank, according to Sky News which has reported that the supermarket giant has started a review process for its banking arm. The review is at a very early stage, according to insiders, and may not lead to a formal sale process. A partial sale or joint venture may also be [...]
Supermarket wars: Morrisons puts £25m into price cuts in bid to break back into ‘big four’ February 20, 2023 Morrisons is cutting prices across a range of its own-brand products as it joins a string of supermarkets battling to retain customers while living costs soar. The supermarket, which was recently pushed out of the “big four” UK grocers by discounter Aldi, said it has invested £25 million into the price cuts. Some 64 cupboard [...]
The Musk effect: Meta testing Facebook and Instagram subscription service for £10 a month February 20, 2023 Meta is testing a new subscription service that would let Facebook and Instagram users pay for a verified account – taking a page out of Elon Musk and Twitter’s book. Meta CEO Mark Zuckerberg announced Meta Verified on his social media accounts on Sunday. Testing will begin in New Zealand and Australia this week and will roll [...]
High fares are putting Londoners off public transport, new data reveals February 20, 2023 High TfL ticket prices are deterring more than one third of Londoners from using the Tube, buses and trains, data has revealed. Some 37 per cent of Londoners said ticket prices put them off using the capital’s transit networks, according to a survey by Hitachi Rail. It also found that more Londoners are put off [...]