Rainfall: On a mission to unlock financial value July 5, 2022 From the Crypto AM magazine, Amit Pradhan explains the role of Rainfall in empowering mothers around the world.
UK automotive industry takes another hit as new car registrations drop to worst June since 1996 July 5, 2022 Registrations of new cars fell by around 24 per cent last month compared with June 2021, according to preliminary figures from the Society of Motor Manufacturers and Traders (SMMT) this morning. This means the UK automotive industry suffered its worst June for new car sales since 1996. In fact, only around 800,000 new cars were [...]
Buyer beware! The metrics suggest Bitcoin could drop even further June 30, 2022 Crypto AM columnist Dr Chris Kacher warns that, despite Bitcoin's current downturn, there may be further to fall.
Mike Ashley’s Frasers Group snares stake in Australian fashion marketplace as retail swoop continues June 30, 2022 Mike Ashley’s retail empire has nabbed a 29 per cent stake in Australia’s fashion platform MySale. Frasers Group has snared a 28.7 per cent holding in MySale, in its latest retail swoop, it announced on Thursday morning. My Sale puts global buyers in touch with sellers to Australian and New Zealand e-commerce sites. London-listed Frasers [...]
Gazprom and Uniper shares plunge as fallout from Ukraine crisis deepens June 30, 2022 Shares at two of Europe’s largest energy firms have plummeted this week, as the gas crisis and between Russia and the West escalates.
‘I’m left wondering what price The Hundred franchises could one day fetch’ June 30, 2022 “What does Ed Warner know about tennis?” What indeed? My critique last week of the Lawn Tennis Association’s performance drew this feisty query in the Sport inc. comment section from Tom (no surname provided). It also garnered a response column in City A.M. from the LTA’s CEO, Scott Lloyd. Both Tom (no surname provided) and [...]
Remortgage sales hit highest level since before the pandemic outnumbering all other types of home loans June 29, 2022 The FCA’s latest data shows that remortgage sales in the fourth quarter of last year, at 92,558, reached their highest level of activity since early 2020, before the outbreak of the pandemic. In fact, they outnumbered all other types of home loans for the first time since the third quarter of 2020, according to analysis [...]
Stock markets look weak as price of Bitcoin fights to stay above $20,000 June 22, 2022 The price of Bitcoin saw a drop overnight and is down five per cent this morning, holding just above $20k.
Inflation jumps to 9.1 per cent: Worried City insiders respond to consumer prices climbing again June 22, 2022 The rate of inflation rose again in May, remaining at 40-year highs, the Office for National Statistics said this morning. The rate of Consumer Prices Index inflation rose slightly to 9.1 per cent in May from 9 per cent in April, according to the ONS. The increase matches what analysts had expected. “Though still at [...]
Government admits most Brits will not benefit from Boris Johnson’s ‘benefits to bricks’ housing plans June 22, 2022 Most Brits will not be able to make use of Boris Johnson’s “benefits to bricks” scheme to allow welfare payments to secure mortgages, the government has admitted. Earlier this month, the Prime Minister announced a plan to enable people who are in work but also on housing benefit to use welfare payments towards a mortgage, [...]