Scotch on the blocks: The world’s most expensive whisky auction June 10, 2022 Sotheby’s has partnered with spirits giant Diageo to sell what could be the most expensive casks of Scotch whisky ever sold at auction. The casks in question are two of the rarest single malts in existence, from two of Scotland’s most legendary distilleries; a 1979 Port Ellen, from the island of Islay, and a 1982 [...]
Exclusive: Sadiq Khan calls it a ‘national disgrace’ almost 10,000 tower blocks still have unsafe cladding like Grenfell June 10, 2022 Sadiq Khan has branded it a “national disgrace” that almost 10,000 tower blocks still have unsafe cladding, as the country prepares to mark five years since the Grenfell disaster. The London Mayor made his comments after data from the department for Levelling Up laid bare that hundreds of thousands are still at risk from living [...]
Terry Smith’s buy-and-hold investment fund ditches stake in Starbucks June 10, 2022 Terry Smith’s flagship investment fund has ditched its stake in Starbucks, after the firm picked up a stake in the Seattle firm after its share price dropped at the start of the pandemic. The buy-and-hold investment fund, started by the star fund manager nicknamed “the English Warren Buffett,” has now sold off its stake [...]
Slashing taxes on fuel would half the cost of filling up a car June 10, 2022 The cost of filling up a car in the UK would be nearly half the price if all taxes on fuel were scrapped, reveals analysis shared exclusively with City A.M. Nearly 50p of every £1 spent on filling up a car in the UK is swallowed up by tax, according to research by the TaxPayers’ [...]
UK banks no longer ‘too big to fail’ but sector still has room for improvement June 10, 2022 All of the UK’s top banks would survive a major financial shock, but some have shortcomings in ensuring they fund themselves through a crisis, the Bank of England said today. Britain’s eight biggest high street lenders would be able to fail safely without a repeat of bailouts seen during the financial crisis in 2008, according [...]
Monkeypox cases surge to 366 across UK as government passes legislation to tackle it June 10, 2022 The number of Monkeypox cases has surged pass 350 as the UK passed legislation to tackle the virus this week. UK Health Security Agency (UKHSA) detected 43 cases by 9 June, bringing the total number to 366, up from 321 on 7 June. The infection, which can be transmitted by close physical contact, has particular [...]
Deloitte denies failing to protect ex-employee from bullying June 10, 2022 Deloitte has denied failing to protect a former female employee from being bullied after her relationship with a male partner ended. The Big Four firm denied that it had “failed” to stop the Deloitte partner Chris Holliday from harassing former risk analyst Katrina Jones, after she filed a lawsuit against the firm’s London office last [...]
How to trade the DAX 40 today? June 10, 2022 We look at how to trade the DAX 40 in light of the current market conditions. Moving averages Source: ProRealTime The price of the DAX 40 continues to trade below the 200 day simple moving average (SMA) – the blue line – suggesting that the longer term trend bias remains down for the time being. The price has, however, [...]
The sideways movement of Bitcoin may feel ‘boring’, but stick with it June 10, 2022 The price of Bitcoin remains in its current favourite range of $29,000 to $31,000 and looks set to stay there, for now at least.
Donald Trump said Mike Pence ‘deserves’ to be hanged as rioters stormed the capitol June 10, 2022 Former US president Donald Trump purportedly told advisors that he agreed with those storming the US Capitol in their calls to “hang Mike Pence”. The 45th president of the United States purportedly told a room full of staff that “Mike Pence deserves it,” whilst his supporters rioted at the heart of Washington D.C, Liz Cheney, [...]
