Bank of England could cut rates to offset deep recession, deputy governor hints November 24, 2022 The Bank of England may have to cut interest rates if the UK economy slumps into a long, tough recession, a senior official at the monetary authority predicted today. Sir Dave Ramsden, a deputy governor at the Bank, told the Bank of England Watchers’ conference today that if households and businesses are under greater financial [...]
Pound reverses all damage done during Liz Truss premiership November 24, 2022 The pound has strengthened to its highest level against the US dollar in three months, reversing all the damage done to the currency since Liz Truss’s ill-fated premiership. Sterling today climbed 0.7 per cent against the greenback, hitting $1.21. A combination of the US Federal Reserve signalling it will slow its aggressive interest rate hike [...]
Sam Torrance: Major or no major, Rory McIlroy has played his best golf in 2022 November 21, 2022 Nobody in the world is playing better right now than Rory McIlroy and Jon Rahm, who concluded the European season in winning fashion on Sunday. In a magnificent finish to the Race to Dubai, Rahm won the DP World Tour Championship for a third time while McIlroy’s fourth place saw him end the campaign as [...]
Molten Ventures slumps to first half loss as tech downturn hits November 21, 2022 Listed venture capital investor Molten Ventures has slumped to a loss in the first half of its financial year after its tech investments were battered by a downturn on the markets.
England 6-2 Iran: Saka and Bellingham star as Three Lions start World Cup with a bang November 21, 2022 England blew away months of growing pessimism with a free-wheeling start to the World Cup today, smashing six goals past Iran to underline their credentials as potential winners. Bukayo Saka scored twice while Jude Bellingham, Raheem Sterling, Marcus Rashford and Jack Grealish also netted as Gareth Southgate’s team put down a marker in Qatar. Two [...]
Web3 metaverse growth is exponential November 17, 2022 Dr Chris Kacher explains how the community around a platform can co-create enabling the platform ecosystem to grow even stronger.
Gold prices ease from 10-day rebound as Fed signals more rate hikes November 14, 2022 Gold prices slipped back from a four-month high last week, closing the curtain on a 10-day rebound, with more interest rate hikes on the way.
FTSE 100 kicks off busy UK data week positively November 14, 2022 London’s FTSE 100 bounced higher today to kick off a hefty week of UK economic news. The capital’s premier index jumped 0.92 per cent to 7,385.17 points, while the domestically-focused mid-cap FTSE 250 index, which is aligned with the health of the UK economy, edged 0.03 per cent higher to 19,622.25 points. Investors are eyeing [...]
Sam Torrance: Rory McIlroy would be the most fitting Race to Dubai winner this week November 14, 2022 The Race to Dubai is set up for a brilliant finale this week, with Rory McIlroy aiming to crown a superb year by completing a double double at the DP World Tour Championship. McIlroy claimed the PGA Tour’s season-long prize, the FedEx Cup, by winning its final event, the Tour Championship, in August and he [...]
Will digital currencies wane or flourish as banks adopt ISO 20022? November 11, 2022 Jonny Fry takes a look at the adoption of ISO 20022 by banks next year, and how its introduction will affect cryptocurrency.