Big London firms lost up to £50k from crime last year as calls mount for Met to step up October 20, 2023 Almost a fifth of larger businesses in London impacted by crime said they have lost up to £50k in the last year as a result, as fresh calls are being made to up skills officers to prevent further offences. According to a new study by the London Chamber of Commerce and Industry (LCCI), a further [...]
Bitcoin nudges $30,000 as SEC’s Ripple climbdown lifts crypto markets October 20, 2023 Bitcoin is up more than 5% over 24 hours and above $29,000 in the process in the wake of the SEC dropping charges against Ripple.
Tax receipts: Five things we’ve learnt from today’s data October 20, 2023 Total HMRC receipts for April to September came in at £392.5bn, up £23.1bn from the same period last year.
Watch: Lord Hammond on Tories’ ‘populist turn’, post-Brexit financial services and his crypto vision for the future October 20, 2023 Former chancellor Lord Hammond tells City A.M. of his vision of crypto and blockchain as the future of the UK’s post-Brexit financial services sector – as well as sharing some damning criticism on the “populist turn” of the Conservative party. Now serving as chair of and shareholder of blockchain firm Copper, Hammond joined City A.M. [...]
More than just hot air: the UK should be the home of a carbon market that actually works October 20, 2023 This year, peatland ecosystems in the Indonesian districts of Katigan and Kotawaringin Timur – covering an area roughly the size of London – will lock away the carbon emissions equivalent of two million cars. Thousands of miles away, powered by Icelandic geothermal energy, Climeworks’s spaceship-esq Orca project is busily sucking carbon dioxide out of the [...]
MultiversX launches new features for xPortal ‘super app’ to rival Elon Musk’s ambitions for X October 20, 2023 MultiversX has unveiled a series of ground-breaking new features to the 'xPortal' crypto wallet it launched in February.
FTSE 100 live: London ends week deep in the red on back of Israel-Gaza war, borrowing and retail figures October 20, 2023 London’s FTSE 100 ended the week deep in the red following disappointing retail figures and falling but still very high, public borrowing stats. The capital’s premier bluechip index was 1.31 per cent down by the close, at 7,401.30, while the FTSE 250, which is more aligned with the domestic market, dropped to 0.9 per cent, [...]
Fully remote workers are least satisfied and most Brits would take a pay cut for flexibility October 20, 2023 Fully remote workers are the least satisfied with their jobs while nearly two thirds of Britons would take a pay cut for more flexibility, according to a new survey. A poll of more than 5,000 UK employees by hiring platform Indeed found just 15 per cent of all workers think more remote working would make [...]
“You’ve got one job”: Investors wants answer on London Stock Exchange outage October 20, 2023 Investors are looking for a “quick answer” today after the London Stock Exchange was hit by a technical incident which halted trading in hundreds of smaller stocks on Thursday. Normal trading has resumed on the bourse this morning after trading at the smaller end of the market was curbed by the incident yesterday, although bigger [...]
A historic night for Labour as pattern of wider victory emerges October 20, 2023 Speaking after the recent Rutherglen and Hamilton West by-election victory, a delighted Keir Starmer told activists they had “blown the doors off”. Today, with two history-making wins under the belts in Tamworth, Staffordshire, and leafy commuter belt Mid Bedfordshire, they’ve gone and done it again – bigger. Huge majorities were overturned. Polling guru Professor Sir [...]