Entain cashes in on NFL boost and pins hopes on World Cup to drive online bets October 13, 2022 WHILE we may not be banking on a Qatar World Cup victory, Ladbrokes owner Entain is certainly pinning its hopes on it being a big win for betting. Despite posting a relatively flat third quarter, with net gaming revenue up just two per cent, and online revenue up one per cent, the gambling giant is [...]
Recruiter Hays reports record fees amid tight labour market October 13, 2022 Recruitment specialist Hays said it was confident it could navigate economic volatility ahead today as it reported a record quarter with fees up 15 per cent.
Truss has picked the wrong fight: the problem is inflation, not lack of growth October 13, 2022 In her speech to what was left of Tory party conference, Liz Truss promised that her priority was “growth, growth, growth”. The events of the past week have underlined why that is the wrong priority, at the wrong time, by the wrong prime minister. Much has been made about the prime minister’s ideological convictions but [...]
One in a bullion: here’s the chance for City fund managers to replace Bitcoin with gold October 13, 2022 Over the course of last year, Bitcoin has enjoyed what has seemed like a never-ending rise in its market value. At the start of 2021, a single token was valued at $32,000, and by April that value had more than doubled. Traders were optimistic that the wider acceptance of Bitcoin by merchants and big banks [...]
It’s about moderate control: politicians don’t seem to get the public view on migration October 13, 2022 Attitudes can be fickle, at the best of times. Sometimes they can even be contradictory, with people supporting apparently opposing positions at the same time. On immigration, this could not be more true. New research by Ipsos for British Future, which has tracked public opinion on immigration issues since 2015, found that the public feels [...]
London generates £74bn of financial and professional services exports October 13, 2022 London generates £74bn of the UK’s financial and professional services exports, according to a new report out yesterday. The City’s banks, brokers, insurers and law firms’ share of Britain’s £130bn financial and professional services export industry is running at 57 per cent, according to Square Mile lobby group TheCityUK. However, the body’s research illustrated that [...]
Letters: The case for solar farms October 13, 2022 [Re: If Truss wants growth, she needs to face down the rural lobby and back solar farms, October 7] It is a fallacy to say solar farms impede food production. The amount of UK land used for agriculture is 71 per cent. Of that, only 26 percent is used for crops. The rest is grassland [...]
City lawyer in the running to head competition watchdog October 12, 2022 The UK's competition watchdog could be closing in on a new boss, with a leading city lawyer tipped as a major contender for the hot seat.
Putin up tensions: Russian President blames West for supply crisis October 12, 2022 Putin has pointed the finger at the West for Europe's energy crisis, despite a Kremlin-backed supply squeeze.
London’s FTSE 100 weighed down UK banks tumbling October 12, 2022 London’s FTSE 100 was marred by the UK’s largest listed lenders falling sharply today on fears over borrowers struggling to pay home loans. The capital’s premier index fell 0.86 per cent to 6,826.15 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dropped 1.73 per [...]
