Shane Lowry wins PGA Championship after seeing off Rory McIlroy and Jon Rahm September 11, 2022 Shane Lowry declared himself “the happiest man in the world” after winning a curtailed PGA Championship at Wentworth on Sunday, and it’s probably safe to assume that DP World Tour chiefs were delighted with the outcome too. Lowry’s first title since hoisting the Claret Jug at Royal Portrush three years ago was a personal triumph [...]
Hospitality bosses slam government’s ‘drip fed support’ on mounting energy bills September 8, 2022 Hospitality leaders have said the government’s freshly announced energy bill support is a drop in the ocean compared to the mounting costs facing the sector. Prime Minister Liz Truss has revealed a six month scheme to support businesses, offering equivalent support as for households. The scheme will be reviewed in three months to see if [...]
Web3 will co-exist with centralised aggregators like Facebook, Twitter, YouTube et al September 8, 2022 Dr Chris Kacher explains how he believes Web3 will allow property to smoothly transition across centralised platforms.
Pound sinks to lowest level against US dollar since 1985 September 7, 2022 The pound today sunk to its lowest level against the US dollar since 1985, driven by investors sweating over the health of the UK economy and a borrowing splurge. Sterling fell to $1.1406 briefly today, marking another dismal milestone for the currency. The last time the pound fell that low was when Margaret Thatcher was [...]
Tasting rare 16-year-old beef at Meatopia food festival September 7, 2022 Thick wafts of smoke cover me in the sweet smell of resin and meat. The translucent shapes of the fumes drift skywards from more than a dozen barbecue grills. I’m at Meatopia on the top floor of Regency-era warehouse Tobacco Dock, a fitting name for the sight I see around me. Halfway along the top [...]
Weekend Read: As the Pound crashes to record low, what can be done to halt Sterling’s freefall? September 4, 2022 City A.M. reported yesterday that the pound is on course to plunge to a record low against the US dollar, largely driven by the UK tumbling into a tough recession. Sterling is expected to drop to $1.05 by the middle of next year, but could fall close to parity with the greenback, according to consultancy [...]
Pound on crash course to record low against US dollar September 1, 2022 The pound is on course to plunge to a record low against the US dollar driven by the UK tumbling into a tough recession, City economists warned today. Sterling will drop to $1.05 by the middle of next year, but could fall close to parity with the greenback, according to consultancy Capital Economics. The downbeat [...]
European Central Bank could be forced into 75 basis point hike to tame record inflation August 31, 2022 The European Central Bank could be forced to hike interest rates by a historic 75 basis points next week to tame the largest inflation surge on record, economists bet today. The monetary authority governing the 19 countries using the euro may have to respond strongly or risk elevated prices being embedded into the bloc’s economy [...]
Open champion Cameron Smith joins LIV Golf Series August 30, 2022 This year’s Open golf champion Cameron Smith has joined the Saudi Arabia-backed LIV Golf Invitational Series. The 29-year-old Australian who won at St Andrews this year will take part in the fourth event of the Greg Norman-backed league. Chilean Joaquin Niemann, Harold Varner III, Cameron Trimngale, Marc Leishman and Anirban Lahiri will also take part [...]
Chancellor Zahawi on US trip in effort to bang the drum for London finance August 30, 2022 Chancellor Nadhim Zahawi will embark on a US trip this week in an attempt to bang the drum for Britain’s post-Brexit financial future. Zahawi will visit the New York Stock Exchange and meet with senior global bank representatives with “the aim of setting the highest possible standard for global financial services co-operation between the two [...]