Coronation: Sixty-two million pints to be poured at UK pubs, but City might miss out May 2, 2023 Pubs across the UK are bracing for an influx of visitors to celebrate the coronation of King Charles III this week, with some trade groups suggesting the sector could see a multi-million pound boost from increased sales. UK pubs will see a £120 million boost as people flock to pubs during the bank holiday weekend, [...]
JP Morgan takes over First Republic Bank in second largest US bank collapse ever May 1, 2023 Wall Street titan JP Morgan has swooped in for crisis-hit First Republic Bank, marking the third big American bank to collapse in just over a month and the second largest failure ever, US authorities announced today. The Federal Deposit Insurance Corporation (FDIC) confirmed they had accepted a bid from JP Morgan to seize the majority [...]
SPOTLIGHT on Rationarium – the world’s first full stack ERP for Web3 and blockchain May 1, 2023 Crypto AM Spotlight on Rationarium - the world’s first full-stack cloud-based enterprise solution for Web3 and blockchain.
UK retail giant set to ditch central London office space amid job losses May 1, 2023 John Lewis is looking to cut its office space by over 50 per cent after the company seeks to drastically cut costs benefiting from a loose hybrid working approach. The John Lewis Partnership, which also owns Waitrose, first announced its plans to move offices last year, waiting until the lease of its current Victoria HQ [...]
14 million jobs set to be lost to labour market churn by 2027 – with AI contributing May 1, 2023 Almost 14 million jobs will be lost globally within the next five years as a result of stunted economic growth, advancement in smart technology and the rising cost of living, according to new research from the World Economic Forum (WEF). 83 million jobs will be lost in the next five years, while 69 million jobs [...]
Pension funds haven’t triggered the UK’s stock market decline – it’s the economy, says top analyst group May 1, 2023 A dire outlook for the UK economy is the primary cause of the UK’s capital markets decline and the role of pension funds in causing the malaise has been “overstated”, a top analyst group has said.
I just didn’t get Bitcoin until 2016 when a big Monty Python foot came out of the sky and crushed me May 1, 2023 Gaming legend Clem Chambers tells Crypto AM he believes that as digital economies grow, the real world will shrink.
Start of 2023 a disappointing vintage for fine wine investments – but new Bordeaux gives reason to cheer May 1, 2023 Fine wines stashed away in climate-controlled cellars may have been growing all the more delicious over the first few months of 2023. But price has proved more unpredictable.
Musk: Media publishers can start charging for one-off articles shared on Twitter May 1, 2023 Twitter will roll out a new feature allowing media publishers to charge users on a per-article basis, the company’s chief executive Elon Musk said on Saturday. Musk said this would allow users who did not want to sign up for monthly subscriptions to pay a higher per article price to read one article. In a [...]
IAG: Is this the week that British Airways owner’s share price takes off? May 1, 2023 The aviation industry will be looking ahead to British Airways owner IAG’s quarterly results this week, as the airline conglomerate looks to close in on pre-pandemic profits. Analysts at HSBC expect IAG to report this Friday that capacity sits at 96 per cent compared to pre-Covid levels in 2019. The group has been eyeing a [...]
