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  • Musk’s comedy attempt misfires as Ethereum steals show

    May 10, 2021

    Elon Musk's flat performance and odd attempts at humour on Saturday Night Live did not produce the moonshot Dogecoin fans anticipated.

  • One in three Londoners suffer income drop during pandemic, study finds

    May 8, 2021

    Almost one in three Londoners experienced a fall in income during the pandemic, the joint highest of any region in the UK, new data has shown. The income pressure was driven by the disruption inflicted on retail and hospitality throughout the Covid crisis, according to research gathered by consultancy firm Lane Clark & Peacock (LCP). [...]

  • ‘Ethereum killers’ hog limelight as Ethereum Classic continues run and Cardano hits another all-time high

    May 7, 2021

    It was the so-called ‘Ethereum killers’ day to shine yesterday, with the likes of Cardano (ADA) and Ethereum Classic (ETC) continuing to soar.

  • Taxman chasing Gary Lineker for £5m over IR35 dispute

    May 6, 2021

    The taxman is pursuing Match of the Day presenter Gary Lineker over a tax bill of £4.9m, linked with IR35 legislation. Lineker, who is self-employed, set up a partnership with his former wife in 2012, which he used to channel his earnings from BT Spot and the BBC. According to tax tribunal documents, published last [...]

  • HMRC’s fraud hotline inundated with 91,000 calls in first nine months of pandemic

    May 6, 2021

    HMRC’s fraud hotline received more than 91,000 calls during the first nine months of the pandemic, with concerns about furlough fraud likely to be behind many of the calls. On average 10,000 calls per month were made to HMRC’s hotline from April to December 2020, according to HMRC figures, an increase of around 1,000 calls [...]

  • Markets bounce back, with wannabes storming out in front as Cardano hits all-time high

    May 6, 2021

    Cryptocurrencies rallied again yesterday, with Bitcoin (BTC) up about four per cent over the last 24 hours. It’s currently changing hands at around the $57,000 level.

  • Markets stumble but Doge continues climb ahead of Musk’s SNL appearance

    May 5, 2021

    Bitcoin and Ethereum stumble, Doge continues climb ahead of Elon Musk’s appearance on Saturday Night Live.

  • Ethereum extravaganza continues as Bitcoin falters

    May 4, 2021

    Ethereum continues to dominate headlines, rising another three per cent over the past 24 hours as Bitcoin retreats to $56k.

  • Exclusive: Four out of five on furlough consider switching to jobs they are overqualified for

    May 4, 2021

    Four in five furloughed Brits are considering applying for jobs they are overqualified for if they cannot return to their existing employment. Some 62 per cent of respondents feared they would not have a job to return to after furlough, according to new research by consultancy firm NTT DATA UK, shared with City A.M. this [...]

  • HMRC repays overtaxed pensioners £716m in six years

    April 30, 2021

    Savers overtaxed on pension freedom withdrawals have reclaimed £716m since 2015, when changes were introduced that allowed savers to flexibly access their pensions. The overtaxation occurs when someone accesses their retirement ‘flexibly’ for the first time in a tax year – which can include taking income via drawdown or withdrawing ad-hoc lump sums – HMRC [...]

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