London rental growth slows to lowest rate in three years November 18, 2020 Private rental prices in London grew 0.9 per cent in the 12 months to October, compared to 1.2 per cent growth the previous month
Ericsson boss backs rival Huawei after Swedish 5G ban November 18, 2020 The chief executive of Ericsson has come out in support of arch-rival Huawei after Sweden blocked the Chinese firm from building its 5G networks. Earlier this month Swedish regulators blocked 5G spectrum auctions after a court suspended part of its decision to ban Huawei over national security fears. But in a surprise move, Ericsson boss [...]
Wrong masks, retrospective due diligence and absent records: Litany of govt PPE failure laid bare November 18, 2020 A report by the National Audit Office (NAO) has offered examples of some of the failures made by the Cabinet Office when it came to procuring personal protective equipment (PPE) in the early days of the Covid-19 pandemic. The investigative report, which was published by the NAO today, has outlined examples of the government handing [...]
BoE’s Andy Haldane: Digital currencies could cut risk and boost lending November 18, 2020 Digital currencies could reduce risk in the financial system and aid monetary policy with interest rates close to rock bottom, Bank of England chief economist Andy Haldane has said. Haldane also told The City UK’s annual conference that new technological infrastructure should be considered to help small and medium-sized businesses better access finance after years [...]
Bitcoin breaks through $18,000 to near all-time high November 18, 2020 Bitcoin has reached a three-year high after breaking through $18,000, with analysts predicting it could climb higher. The leading cryptocurrency has seen value surge 160 per cent this year, climbing 70 per cent since September alone. Bitcoin has rallied to $18,123, nearing the $19,763 all-time high it reached in December 2017. This surge takes the [...]
UK house prices surge to record high in September November 18, 2020 UK house price growth accelerated in September, driving average property prices in London and across the UK to a record high. House prices across the UK increased by 4.7 per cent to £245,000 in the year to September, up from three per cent growth in August. London’s average house prices hit a record high of [...]
Relentless November 18, 2020 Surging Higher Bitcoin continued its relentless surge higher and after breaching the $18,000 level, the upside temporarily stalled at $18,500, but the dip buying interest was so strong that the dip into the low $17,000 was brought-up without any hesitation. The path towards an all time high is very much in sight. Similarly, Ethereum also [...]
Levelling up: Sony takes over Oxford Circus station for Playstation launch November 18, 2020 London Underground is famed for its iconic roundels, but eagle-eyed commuters will notice something different about Oxford Circus station this week. Transport for London (TfL) has teamed up with Sony to give the Tube station a redesign, transforming the traditional signs into squares, triangles and crosses — the classic symbols of the Playstation controller. The [...]
Trends in Ethereum DeFi in Q3 2020 November 18, 2020 Three trends defined Ethereum DeFi in Q3 2020: 1) The Rise of Automated Market Makers (AMMs) 2) Governance tokens and yield farming 3) Forks, derivatives, and network effects 4) and “weird DeFi.” The Rise of Automated Market Makers (AMMs) The trend: While stablecoins and lending platforms have long been the centers of activity in the [...]
Why the pandemic and the coming economic downturn will accelerate Bitcoin’s adoption November 18, 2020 In October this year, Mode floated on the London Stock Exchange’s Main Market. Two weeks later, we decided to allocate a portion of the money we raised to purchase Bitcoin as part of our treasury strategy. In doing so, we became the first plc in the UK to officially announce the diversification of our reserves [...]
