Crown Court wait times hit record highs as government struggles to cut Covid backlog January 21, 2022 Victims, defendants, and witnesses face record long waits for Crown Court trials, as the UK struggles to reduce the backlog faced by the court system due to Covid. A record 23 per cent of outstanding trials have now been outstanding for more than a year, figures from the Ministry of Justice show. At the same [...]
Oil prices slide as production ramps up Stateside January 21, 2022 Oil prices have tumbled as market sentiment took a downturn following rising inventories the US, with questions over future benchmark performance.
EP: 108 Ascot, Haydock, Lingfield & Hong Kong January 21, 2022 The City A.M. Punter Podcast A terrific weekend of racing awaits, starting with the Grade 1 Clarence House Chase at Ascot on Saturday where the current top rated chasers in the UK & Ireland take on last year’s winner First Flow over 2 miles and a furlong Kim Bailey, First Flow’s trainer joins us as [...]
Business Secretary says households will have to wait until March for help with soaring energy bills January 21, 2022 Business Secretary Kwasi Kwarteng has said households must wait until March to find out what help the government can offer for rising energy bills.
December home transactions show ‘strong end to frenzied year’ as markets expected to slow January 21, 2022 According to HMRC data, the provisional seasonally adjusted estimate of UK residential transactions in December 2021 was 100,110. This marks a 20 per cent dip on December 2020 but a 7.6 per cent spike on the prior month. Last year also saw a record level of home transactions of almost 1.5m, the highest since 2007, [...]
‘It was always going to disappoint’: Analysts react to Netflix’s slowed growth as shares tumble 20 per cent January 21, 2022 Netflix shares take a beating as the streaming giant warned of "intensified" competition in the market as its pandemic glow begins to fade.
Are Bitcoin’s positives being drowned out by negative economic noise? January 21, 2022 Jason Deane points out the numerous positives about Bitcoin that are getting lost in the fog of negative news narratives.
Letters: Here’s a gaming shake up January 21, 2022 [Re: When tech giant becomes gaming giant: Microsoft buys Call of Duty maker Activision Blizzard for a record £51bn, January 18] Microsoft’s acquisition of Activision Blizzard has the potential to make a significant change to the gaming industry. The almost $70bn investment is a significant amount, just coming short of Disney’s $71.3bn acquisition of Fox, [...]
Clyde&Co, Fieldfisher, and Squire Patton Boggs boost lawyers salaries in battle for fresh blood January 21, 2022 Law firms are continuing the competition for new talent by upping trainee salaries, with Clyde & Co, Fieldfisher, and Squire Patton Boggs the latest firms to join the fray. US law firm Squire Patton Boggs told City A.M. that it had raised its trainee lawyers’ salaries by 27 per cent. In an email to City [...]
El Salvador to offer crypto-based loans to SMEs January 21, 2022 The government of El Salvador reportedly has plans to offer small and medium sized businesses (SMEs) crypto loans.
