Bitcoin is bigger than the Swiss Franc – is it time to consider crypto in your portfolio? November 10, 2021 As Bitcoin becomes bigger than the Swiss Franc, Gavin Brown asks 'is it time to consider crypto in your portfolio?'
If billionaires can decide to pay tax with a Twitter poll, something is badly wrong November 10, 2021 There’s something darkly amusing about one of the richest men in the world using Twitter to poll his 60 million followers about whether he should pay tax. It wasn’t just the flippant way Tesla’s Elon Musk (@edgeLorde) asked his followers to vote on whether he should sell $21bn of stock and in doing so pay [...]
Musk asks Twitter if he should sell 10 per cent of his Tesla stock, worth $21bn November 7, 2021 Celebrity entrepreneur and the world’s richest person Elon Musk has allowed his online followers to decide whether or not he will pay taxes. Yesterday the billionaire opened up a poll to his 62.5m Twitter followers and asked them to decide whether he should sell off ten per cent of his Tesla stock, a move that [...]
Scotland says, who needs oil and gas when you have whisky? November 2, 2021 As world leaders and conservationists continue to put more pressure on the use and extraction of fossil fuels to preserve the planet and combat global warming Scotland moves investors swiftly away from this sector to one of its oldest and most prized exports, whisky: Yes, you read correctly whisky, and what’s more surprising is scotch [...]
Five reasons why energy transition stocks can weather the inflation storm November 1, 2021 The current inflationary pressures putting strain on global equity markets are impacting energy transition equities more than most, with many of its sub-sectors right in the eye of the storm. But while these short-term threats are painful, they should not detract from the longer-term investment opportunity. Inflationary pressures have been at the heart of this disruption. Global supply [...]
Budget 2021: Government freezes Isa allowances as inflation comes down the track October 28, 2021 Isa and Junior Isa spending limits will be frozen at their current levels until at least 2023 under the Treasury’s Autumn budget plans, in a move that could hit investors with tax and harm savers if inflation begins to multiply further down the line. Chancellor Rishi Sunak outlined the annual payment limit for adult Isas [...]
D-Day for Rishi Sunak: What do City insiders expect from the Autumn Budget? October 27, 2021 In today’s Autumn Budget, Chancellor Rishi Sunak will outline how he plans to “drive growth while keeping the public finances on a sustainable path”. City A.M. checked in with a number of Square Mile professionals this morning to see what they hope or expect the Budget will bring today. VAT Yesterday the news broke that there will [...]
Today’s Budget: Sunak’s dilemma of greater spending vs balancing the books October 27, 2021 Later today, Chancellor, Rishi Sunak will reveal the government’s tax and spending plans in the 2021 Budget. It is widely expected Sunak will focus on support for businesses and individuals in the aftermath of Covid 19. Spreading the wealth around the UK with the government’s ‘levelling up’ promises, as well as its plans for greener energy [...]
Exclusive: HMRC’s capital gains tax receipts hit record £11.5bn while Budget increase looms October 26, 2021 There has been much speculation around whether Chancellor Rishi Sunak will increase capital gains tax rates during tomorrow’s budget, which could result in business owners and individuals paying significantly more when they come to sell assets. The increase looms despite HMRC receipts from CGT having risen by 62 per cent in the last five years, [...]
City Moves: Who’s switching jobs in the Square Mile today? October 22, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Seraphim Space Manager of London-listed Seraphim Space Investment Trust, Seraphim Space has poached Virgin Management’s former Investment Director. Joining the firm immediately, Andre Ronsoehr has been appointed to help build out Seraphim’s space investment portfolio. While at [...]