MPs slam government for ‘meagre ambition’ in plans to cut Crown Court backlog March 9, 2022 A group of MP’s tasked with overseeing government expenditure has said the government’s “meagre ambition” in its plans to cut the court backlogs will mean victims, defendants, and witnesses will continue to face “unacceptable delays” in waiting for trials. In a highly critical report, the Public Accounts Committee (PAC) slammed the government for its “meagre [...]
History will judge Biden’s executive order on the ‘real value’ of Bitcoin March 9, 2022 US President Joe Biden’s long-awaited executive order on cryptocurrencies showcases the real value of Bitcoin, believes Nigel Green.
UK must drop barriers for refugees, says Ukrainian ambassador to the UK March 9, 2022 The UK should drop all barriers for Ukrainian refugees trying to enter the country, Ukraine’s ambassador to the UK has said. Vadym Prystaiko told MPs on the Home Affairs Committee today that “we will be happy if all the barriers are dropped for some period of time when we can get maximum [numbers] of people, [...]
Executive order: Bitcoin rallies nine per cent on leaked Yellen statement March 9, 2022 Bitcoin's price has jumped nine per cent after a statement by Janet Yellen about forthcoming crypto legislation was inadvertently published.
DfT reports London tube strikes brought down passenger numbers to 4 per cent of pre-pandemic levels March 9, 2022 The RMT’s London tube strikes of last week had a devastating impact on passenger numbers, according to Department for Transport (DfT) figures. Data showed that on Tuesday and Thursday ridership numbers plummeted to 4 per cent of pre-pandemic levels – the lowest since the Covid pandemic first hit in March 2020. On 4 March, levels [...]
His Raw Materials: Putin pushes back against oil and gas sanctions with retaliatory measures March 9, 2022 Russia has announced plans to restrict the trade of goods and raw materials, in response to the US and UK imposing oil and gas bans.
Bitcoin recovers to break $42k after positive US news March 9, 2022 The crypto markets are certainly looking stronger this morning, with the Bitcoin price recovering to just above $42k.
Face the music: Universal Music Group and Warner Media pull out of Russia March 9, 2022 Universal Music Group has suspended all operations in Russia and closed its offices in the country, the company announced last night. In a statement, the music giant said: “Effective immediately, we are suspending all operations in Russia and closing our offices there.” “We urge an end to the violence in Ukraine as soon as possible. [...]
Fitch warns investors to brace for heavy losses on Russian debt as default looms March 9, 2022 One of the world’s top credit rating agencies has told investors in Russian debt to brace for severe losses. Fitch last night downgraded Moscow sovereign debt to a C rating, meaning the risk of a Russian default is “imminent”. President Vladimir Putin’s decision to order all interest payments on sovereign government debt held by foreign [...]
Nearly half of all Brits fear inflation may rise more than Bank of England prediction March 9, 2022 About two-fifths of people polled recently have a more pessimistic view about rising inflation than the Bank of England, it has been revealed. Despite the Bank’s prediction of a seven per cent spike in Spring, 39 per cent of respondents to a survey by HR software provider CIPHR thought it would be eight percent or [...]
