Technical data suggests Bitcoin is at its most oversold since ‘Covid crash’ January 24, 2022 The rapidly-changing Federal Reserve policy in response to rising inflation has caused extreme fear in both legacy and crypto markets.
Financial Conduct Authority staff mull strike action over pay changes January 24, 2022 Staff at the Financial Conduct Authority (FCA) are considering strike action over changes to pay proposed by management.
THG woes continue after Moulding’s mother rides to his defence January 24, 2022 Shares in embattled e-commerce group THG plummeted today after Citi Bank downgraded its profit guidance for the firm and it was revealed that boss Matt Moulding’s mother rounded on a journalist in defence of her son’s achievements.
Getir to create 6,000 more jobs as UK expansion gains pace January 24, 2022 Rapid grocery delivery firm Getir has announced plans to create 6,000 fresh jobs in the UK this year as it continues its national rollout. The start-up currently has 4,000 staff across the UK after expanding rapidly since it launched in London at the start of last year. Getir said its new recruits will be hired [...]
British Gas owner Centrica picks up customers from fallen firm Together Energy January 24, 2022 Centrica, owners of British Gas, has swooped in to rescue UK households from doomed supplier Together Energy, which ceased trading last week.
Ryanair to return to profit with hopes of flying 165m passengers this year, says boss January 24, 2022 Ryanair’s boss expects to return to profit this year, as the Irish airline looks to fly 165m passengers. Chief executive Michael O’Leary has forecast carrier occupancy to climb to between 90 per cent and 95 per cent this summer. The budget airline will once again be profitable once occupancy reaches 80 per cent, O’Leary told [...]
Nine in ten businesses say Covid has made them a target for fraudsters January 24, 2022 Almost nine-in-ten businesses believe the pandemic has made them more susceptible to fraud, according to survey from BDO. More than four-fifths of businesses were victims of fraud last year, while more than a third of companies said levels of fraud increased between and 2020 and 2021. On average, businesses lost £223,000 to fraud last year, [...]
Activist investor moves to oust Peloton boss January 24, 2022 Activist investor Blackwells Capital has moved to oust the boss of beleaguered home-fitness firm Peloton after it was revealed that the company was scaling back production last week.
Bitcoin is volatile because it’s a truly free market January 24, 2022 Market fluctuation comes down to the fact that Bitcoin is the only free market left in the world, writes Nigel Green.
Firms have no choice ‘but to raise prices’ to absorb NI hike January 24, 2022 The looming national insurance tax hike will leave British businesses with no choice “but to raise prices,” a leading business group has warned. Firms will have to pass on the cost of the 1.25 percentage point hike to consumers in a bid to offset severe margin pressure, according to the Institute of Directors (IoD). Nearly [...]
