Bitcoin dominance increases as largest cryptocurrency outstrips alt coins June 8, 2022 The price of Bitcoin was back above $30k this morning, currently changing hands for around $30,500 after seeing a swift uptick last night.
Petrol price has biggest daily jump in 17 years as grim milestone of a £100 tank likely tomorrow June 8, 2022 The price of petrol experienced the biggest daily jump for 17-years and looks set to surpass the grim milestone of £100 for a tank tomorrow. Motoring champions the RAC raised alarm bells saying the average price to fill up a tank of unleaded was now east £99.40, owing to an overnight rise of more than [...]
Soonicorn to unicorn: Euan Blair’s apprenticeship outfit Multiverse hits $1bn valuation after new funding round June 8, 2022 Multiverse, the professional apprenticeship start-up founded by Euan Blair, has hit a valuation of $1.7bn (£1.3bn) after completing a $220m (£175m) series D funding round. The round – co-led by StepStone Group and returning investors Lightspeed and General Catalyst – doubles the London-based firm’s valuation from just eight months ago, and will be used in [...]
UK housebuilding tumbles into ‘stagnation’ amid reversing economy June 8, 2022 Higher raw material costs and ongoing supply chain disruption clamped down on the UK construction sector last month, according to a closely watched survey released today. Construction businesses cut back on activity amid rapid cost inflation persisting in May making projects unviable. Just over seven in 10 firms said input prices climbed in May, driven [...]
Opinion-in-brief: The calm after the storm is only an illusion for Boris June 8, 2022 On Monday, Boris Johnson won a no confidence vote – but lost the support of two in five of his MPs. While his supporters painted it as a conclusive victory, arguing that it’s now time to move on, the idea that “a win by one vote is enough” is very far from reality. There are [...]
Swelling of ‘generation rent’ means many won’t be homeowners until 40s, 50s or even pension age June 8, 2022 Almost 15 per cent of renters think they may be picking up their pension before becoming homeowners, as the cost of living crisis continues to eat into savings. With so-called ‘Generation Rent’ continuing to be impacted by soaring house prices that prevents them from getting onto the property ladder, a new survey commissioned for NatWest [...]
Londoners face more disruption as new tube strike is confirmed for 21 June June 8, 2022 Londoners will need to brace themselves for more disruption as the RMT union has announced that 10,000 of its tube workers will walk out on 21 June. RMT members working for London Underground cited a dispute over pensions and job losses as the main reason behind the walkout. The strike is the latest disruption to [...]
Trademark protection in the metaverse June 8, 2022 Legal specialists Louise Gellman, Jack Rigelsford, and Rosie Lapper of CMS law examine trademark protection in the metaverse.
1 Minute Market Rundown – 8th June 2022 June 8, 2022 Trade the ExtremesCrypto Needs to Bounce Soon A generally quiet and rangy day for the markets which taught us little new but served to demonstrate the themes continue. All eyes are focused on the US CPI on Friday and the ECB on Thursday for clues to the relative interest rate paths. There is a little [...]
Uber works with UN to deliver emergency food and supplies in Ukraine June 8, 2022 Uber has created a "private-label" version of its platform to help the United Nations deliver food and water supplies to parts of Ukraine.
