Q&A: Trading Cryptos as CFDs October 12, 2020 What are the different options when trading cryptocurrencies? There are a couple of different options for trading cryptos. You can buy the physical cryptocurrency with a provider that usually gives you an online wallet which you must learn to use to store your crypto. More recently trading platforms have emerged, but these remain unregulated in [...]
UK’s trade deal with Japan likely to be signed next week October 12, 2020 The UK’s free trade agreement with Japan is reportedly set to be formally signed next week. The UK-Japan Comprehensive Economic Partnership Agreement (EPA) , which is the first trade deal to be signed since Britain left the EU earlier this year, was agreed in principle last month. And the two countries are hoping to formally [...]
Trump vs Biden – should investors really care? October 12, 2020 There are two things I’m being asked about constantly at the moment: Covid-19 and the US election. As a former politics student who’s always maintained my passion for the subject, I certainly feel more comfortable opining on the latter. But as an investor, how much should I really care if the next US president is [...]
Technology has changed our minds — now it’s time for brands to catch up October 12, 2020 Let’s begin with the pretty bold claim: that digital technology has altered us forever. Over the past decade, an enormous amount of research and literature has been produced on the subject — from the American writer Nicholas Carr, to MIT professor of social psychology Sherry Turkle, to the eminent British neuroscientist Susan Greenfield. Each in [...]
We do not need to compromise the economy to fix the environment October 12, 2020 Overwhelming scientific evidence tells us that the climate is already changing. If we are to limit global warming to 1.5 degrees and avoid the more extreme effects on our environment, averting potentially devastating consequences, we need to act now. And that is what the City of London Corporation is doing. Last week, it launched its [...]
Act now to close the education gap — or our economy will pay the cost for years to come October 12, 2020 If there were ever any doubt about the full cost of closing schools, the answer is now clear. It is a vast price — and one that will have to be paid by the nation on both a human and a financial level for many, many years to come. Alongside the mounting national debt being [...]
British Airways boss Alex Cruz steps down amid industry’s ‘worst crisis’ October 12, 2020 Alex Cruz will step down as chief executive and chairman of British Airways with immediate effect, owner International Airlines Group said. IAG chief Luis Gallego said the management shake-up came as the firm navigated “the worst crisis faced in our industry” in his first major announcement since taking over from Willie Walsh. The pandemic has [...]
Eddie Stobart drives logistics group GWSA back to profitability October 12, 2020 The holding group behind logistics firm Eddie Stobart today said it had swung back to profitability in the first half of the year as it cashed in on higher demand for transport services during the Covid-19 crisis. Green White Start Acquisitions (GWSA), which also controls iForce, The Pallet Network and The Logistics People, reported revenue [...]
EU regulators draw up ‘hit list’ of tech giants to share data with smaller rivals October 12, 2020 European Union regulators have reportedly drawn up a “hit list” of around 20 tech giants, potentially including Facebook, Apple, Amazon and Google, to reduce their market power. The internet platforms will be hit with tougher regulations than their smaller rivals under the new rules. They will be forced to share data with competitors and be [...]
Bank of England asks UK banks about readiness for negative rates October 12, 2020 The Bank of England has asked UK banks for information about their readiness for zero or negative interest rates, following its announcement last month that it was considering taking rates negative if needed. In a letter today, deputy BoE governor Sam Woods told lenders: “we are requesting specific information about your firm’s current readiness to [...]