Jeremy Hunt faces calls for March budget giveaways after UK borrows £30bn less than forecast February 21, 2023 The UK government spent less than it reaped in from taxpayers last month helping to push yearly borrowing £30bn lower than projected by forecasters, officials figures out today reveal. The difference between what the government generated in revenue and spent hit a positive £5.4bn, meaning the UK’s public finances were in surplus last month, according [...]
Buy-to-let properties in the North East far out-value the South February 17, 2023 Thinking of investing in a buy-to-let property? Then be prepared to cast your net further than London and its surrounding areas. According to data crunched by RentTech platform Goodlord, potential yields for buy-to-let properties are highest in the North East, while the South East comes in last of all areas of the UK. Taking into [...]
British Gas owner Centrica posts £3.3bn record profit – more than treble last year’s £948m February 16, 2023 British Gas owner Centrica has unveiled record profits of £3.3bn - powered by soaring energy prices and historic market volatility.
FTSE 100 close: London index bumps higher ahead of key inflation and wage numbers February 13, 2023 London’s FTSE 100 kicked off the week in busy fashion today ahead of a busy week of data that will provide more clues on the health of the UK economy. The capital’s premier index closed 0.83 per cent higher today at 7,947.60 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with [...]
Is the metaverse immune to CBDCs? February 7, 2023 Dr Chris Kacher weighs up the pros and cons of CBDCs, and wonders if the metaverse can escape their reach with the aid of Web3.
Hanging out with tortoises in turquoise cottages on the Caribbean island of St Barts February 5, 2023 The descent into Gustaf III Airport on the Caribbean Island of Saint Barthélemy – otherwise known as St Barts – is not for the faint hearted. We depart nearby Saint Martin strapped into a 12-seater Twin Otter plane and soar over the sea towards a small landmass. We spot yachts and catamarans sailing aquamarine waters [...]
London, Dubai and New York top rankings as most crypto ready cities in the world February 1, 2023 London has been named as the world's leading crypto hub in a detailed report researching the most cryptocurrency-ready cities.
The Notebook: Neil Bennett on strikes, why public markets matter and the Lehman Trilogy February 1, 2023 When my old friend James Ashton (former City Editor of the – ahem – Evening Standard) told me a few weeks ago that he had become CEO of the Quoted Companies Alliance, I felt like sending him my St Jude pendant, for the patron saint of lost causes. For the quoted company sector has been [...]
Decentralised assets – gold, silver, Bitcoin – has their time come? January 31, 2023 Jonny Fry takes a look at how decentralised assets line up against global debt and the way investors will want a digital future.
A Russian billionaire, the Dyson family, Gym Shark founder and Sting are among 100 of the richest Brits who paid nearly £5.2bn in tax during 2022 January 27, 2023 A Moscow-born billionaire is the UK’s top tax payer, paying more than £487m in just 12 months, according to the Sunday Times’ annual tax list. Alex Gerko, boosted the Treasury’s coffers by more than £1.3m a day or £55,639 an hour during 2023. Gerko, who became a British citizen and renounced his Russian citizenship late last [...]