Exclusive: Ripple cosies up to UK regulators amid global payments push February 1, 2022 Ripple, the firm behind XRP, the world’s eighth largest crypto asset, aims to befriend UK regulators as it expands its cross-border payment capabilities.
National insurance hike to spike UK firms just as they recover from Plan B and Omicron February 1, 2022 The national insurance hike is set to spike UK businesses just as they have recovered from the Omicron and Plan B-induced economic hit, reveals a fresh survey released today. Firms are deeply concerned that a combination of the national insurance (NI) hike and swelling energy bills will limit their capacity to survive, according to research [...]
UK is lagging behind on crypto assets, says Philip Hammond January 31, 2022 The UK's former chancellor has warned Britain will lose its competitive advantage in financial services if it does not ramp up its crypto efforts.
Bank of England bigwig urges firms to be ‘cautious’ about crypto January 31, 2022 A senior official at the Bank of England has urged institutional investors to be "cautious" in their approach to crypto assets.
Gold under pressure amid interest rate hike concerns January 31, 2022 Gold prices chalked up its biggest weekly loss last week since September, with the Federal Reserve finally set to hike interest rates.
Cream of central banking crop have underestimated inflation crunch, experts warn January 31, 2022 The world’s top central banks have underestimated the stickiness of inflation spreading throughout rich economies, prompting them to launch a quicker than expected rate hike cycle this year. Measures used to quantify the severity of underlying inflation pressures will stay high even by the end of the year in most rich countries, according to fresh [...]
Households braced for mortgage shock ahead of rates hike as cost of living crisis deepens January 31, 2022 Fresh warnings over the cost of living have been issued as millions of households could face a huge mortgage shock. Trade body UK Finance has said one in four mortgage borrowers on variable rate deals will be affected by an anticipated rates rise, The Telegraph first reported. The Bank of England is anticipated to hike [...]
Why should investors care about waste management? January 31, 2022 We look at what investors need to know about waste and outline some key investment opportunities. Waste management has long been one of society’s primary challenges. It’s an industry that’s ripe for disruption given how little it’s changed over the last few centuries. For example, only in the last 100 years have we started to [...]
Upbeat investors are knocking on February’s door after end of month rebound January 31, 2022 After a wild and turbulent week, which saw European markets close lower for the third week in succession, and US markets hit seven-month lows, before closing the week higher, January has been a month which has proved to be hugely challenging to define a narrative for more than a day. While markets in Europe [...]
Week ahead: City braces for another Bank of England rate hike January 30, 2022 All eyes will be on Threadneedle Street this week as the City braces for another rate hike from the Bank of England. The Old Lady is widely expected to lift borrowing costs again on Thursday, marking the first time the central bank has hiked rates at successive meetings since 2004. The Bank lifted rates for [...]