Investment slump amid higher interest rates risks finally sparking UK recession June 6, 2023 A mix of factors are buffeting the UK economy right now. Spending power is being crushed by high inflation eroding family finances. House prices are coming off their heady heights as sellers drop prices to source buyers amid higher mortgage rates. External demand is thinning in response to weak consumer confidence amid a global cost [...]
Exclusive: Zopa poised for senior hiring spree to bolster top team ahead of IPO June 6, 2023 Fintech lender Zopa has appointed a former Deutsche Bank executive to its board in the first of a series of senior appointments designed to bolster its top team ahead of an IPO, City A.M. can reveal.
We need a good dose of optimism in our politics – especially about climate June 6, 2023 Voters want more optimism in our politics - especially when it comes to climate - even if it can feel un-British. Younger voters especially are much more optimistic than our politicians, writes Adam Hawksbee
London deserves a mayor who champions hospitality for both residents and tourists June 6, 2023 London is a city steeped in history, from the Tower of London to Buckingham Palace. It has been the home to thespian greats who have performed in venues in the West End and in Shakespeare’s Globe. It’s also the major European city with the highest number of green spaces. If culture isn’t for you, then [...]
The CMA decision to block Microsoft’s Activision deal could cost us dearly in the UK June 6, 2023 The CMA decision to block Microsoft from acquiring Activision could be detrimental in the long-run: it could scare off other companies who will choose to set up shop elsewhere, writes Jason Chapman
‘An unelected few want to control our financial lives!’ – Charles Hoskinson weighs in on SEC’s war with Binance June 6, 2023 Cardano chief Charles Hoskinson has gone on the offensive against the US Securities and Exchange Commission in the wake of its legal action against crypto exchange Binance.
Starmer vows to ramp up ‘critical’ nuclear power as he fleshes out party’s energy plan June 5, 2023 Labour leader Sir Keir Starmer has lent his support to the UK’s nuclear industry calling for a vast ramp-up in projects.
Privatbank’s $1.9bn UK fraud claim returns for trial after Russia’s invasion of Ukraine delays case June 5, 2023 One of the UK’s largest High Court claims in history is set to return to court next week as the trial commences in Privatbank’s $1.9bn (£1.54bn) fraud lawsuit against its former owners. Ukrainian lender Privatbank is suing the bank’s founders Igor Kolomoisky and Gennadiy Bogolyubov over allegations they embezzled billions of dollars from the bank [...]
Binance hits back again! Exchange expresses disappointment over ‘unreasonable’ SEC June 5, 2023 Binance has fired a second volley at the Securities and Exchange Commission which issued legal papers to the exchange earlier today.
Tory MPs slam Labour over move to hire former Extinction Rebellion lawyer June 5, 2023 Conservative MPs have slammed the Labour Party over its decision to hire a former Extinction Rebellion lawyer as a senior political advisor.