Is confidence returning to the cryptocurrency markets? February 7, 2022 The price of Bitcoin is currently around $42,500 - up two per cent since yesterday morning and 14 per cent since this time last week.
Delayed again: UK gambling law review pushed back until May February 7, 2022 The government review of gambling laws is now expected to be pushed back until May as internal tension at Whitehall looks to delay the process once again. According to reports from the Guardian, the department for digital, culture, media and sport (DCMS) launched a review of gambling laws in December 2020, which was originally expected [...]
Inside the content creators’ industry, not everything is as glossy as it seems February 7, 2022 Say “influencer economy” to most people and there remains a temptation to shrug it off as a handful of Youtube stars making a few grand here and there for make-up videos. In truth, the influencer economy has become mainstream – almost 50m people around the world consider themselves “content creators”. That spans from impossibly youthful [...]
Tesco chief: ‘The worst is yet to come’ as energy crisis set to push food prices higher February 7, 2022 Tesco chairman John Allan issued a stark warning on rising food prices yesterday, cautioning “the worst is yet to come” in the coming months. While the supermarket boss said it was troubling people were facing heating or eating, Allan said Tesco had also been hit with soaring energy costs. The average amount of household income [...]
Explainer-in brief: A Winter games of politics and controversy February 7, 2022 Last Friday, the Beijing Winter Olympics kicked off with a whirl of lights and colour. But it was also surrounded by a storm of controversy which threatens to overshadow the games. A handful of nations, including the US and the UK, have staged a diplomatic boycott of the event (meaning athletes, but no officials will [...]
Silencing Joe Rogan ‘not the answer,’ says Spotify Boss February 7, 2022 The chief executive of Spotify has rejected calls to ban Joe Rogan from the platform after removing dozens of his podcast episodes.
Danish fund divests from Wizz Air over human and labour rights abuse concerns February 7, 2022 Danish pension fund AkademikerPension has said it will divest from low-cost airline Wizz Air over concerns of human and labour rights abuse. AkademikerPension explained that the decision to divest more than $3m was made after Wizz Air’s management failed to reassure investors about the legality of their labour and human rights practices. “The management’s behaviour [...]
The City thrives on predictability as well as agility and we must protect this post-Brexit February 7, 2022 This week marks a pivotal moment for financial services in post-Brexit Britain. More than two years since the UK formally left the EU, the completion of the Future Regulatory Framework Review consultation on Wednesday will herald long expected changes to the financial service sector framework. The UK’s regulatory regime is widely regarded as one of the [...]
British electric van maker Arrival prepares for unconventional US debut February 7, 2022 British electric van maker Arrival is preparing for its US debut, choosing Charlotte, North Carolina, as its US headquarter. The company’s new offices are set to be inaugurated next month, while production facilities – one for vans in Charlotte and one for buses in South Carolina – will open later this year. The automotive manufacturer [...]
Rishi Sunak’s cost-of-living hand out is a classic example of short-term, overburdened Treasury brain February 7, 2022 Last week, as the cake crumbs were cleared away and the fizz went out of the champagne, there was a serious announcement from the chancellor, Rishi Sunak. There had been an energy crisis looming, prices set to soar, and the government knew that this would feed into a damaging narrative that the cost of living [...]
