Tokenisation of Real World Assets becoming killer institutional use case June 3, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. The news that the FCA and the Bank of England are setting up a Digital Securities Sandbox broke recently. While the possibility of tokenising real world assets [...]
Businesses bet on growth as activity begins to pick up June 3, 2024 Labour and the Tories need to lay out a road map for cost cutting and turbocharging investment, Britain’s biggest business body has said.
European Central Bank set to cut interest rates despite inflation worries June 2, 2024 The European Central Bank is all but certain to be the first major central bank to cut interest rates this week as it shrugs off a rise in inflation and takes a different path in monetary policy from the UK and US.
Don’t panic! FTSE 100’s poor run nothing to worry about June 1, 2024 "Markets tend to move in waves and currently we’re in a repositioning phase where investors are coming to terms with the prospect of interest rates staying higher for longer," Dan Coatsworth, investment analyst at AJ Bell, commented.
Why Labour MPs shouldn’t call themselves socialists May 31, 2024 Labour is not, and has never been, a socialist party. It is a social democratic party whose mission is to save capitalism from itself, not replace it with a new system, says John McTernan Is Keir Starmer a socialist? Is Rachel Reeves a social democrat? At the start of the general election campaign, Labour’s leader [...]
House prices “resilient” for now – but will the election throw them off course? May 31, 2024 UK house prices are standing up to the challenge of expected ‘higher for longer’ interest rates and political uncertainty, according to the latest data. Nationwide’s closely watched house price index showed a 0.4 per cent month on month jump in property prices in May, signalling a 1.3 per cent annual growth rate. Whilst still lagging [...]
Mark Kleinman: Labour and Tories yet to win business over May 30, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column
Pound Sterling climbs to it highest level against the euro since August 2022 May 29, 2024 The pound hit its highest level against the euro since August 2022.
Bioscope: Cambridge biotech gold extractor firm eyes IPO May 29, 2024 Bioscope Technologies, which uses micro-organisms to draw out gold and precious metals, currently has a £12.8m turnover.
Big banks shun demand for SME lending as larger firms prioritised May 29, 2024 Big banks are set to withdraw even further from funding small and medium-sized enterprises (SMEs) this year, data shared exclusively with City A.M. suggests, as high street lenders face criticism for prioritising larger firms.