Bitcoin no longer aiming to be just digital gold February 26, 2024 What Bitcoin has not traditionally been known for is its technological innovation. It does not compete with Ethereum or other smart contract Blockchains for the use case of being the "world computer" on which decentralised applications can run.
Moving markets: Five things shaping the FTSE 100 today February 26, 2024 Asian markets were mixed as investors awaited inflation data, while oil prices extended their decline. The week ahead promises a flurry of retail and technology earnings reports, offering insights into sector performance and economic trends.
Fed’s preferred inflation measure to show persistent pressure in blow for rate cut hopes February 25, 2024 Persistent inflationary pressures are fuelling fears that the Fed will wait until the summer to start cutting interest rates.
UK off to strong start in 2024 despite recession while Germany and France stagnate February 24, 2024 Despite falling into a shallow recession in the second half of last year, business activity in the UK seems to have bounced back at the beginning of 2024.
After The Body Shop, how many more household names are on the brink? February 23, 2024 The beauty retailer is far from the only big brand that could be in trouble – and businesses need to be prepared
‘Not for EU’ food labelling plans already affecting investment in UK manufacturing February 23, 2024 Plans to introduce ‘not for EU’ labelling on food products across the whole of the UK is already “having an impact on investment”, one expert has warned.
UK consumer confidence falls in February as technical recession is a bummer for Brits February 23, 2024 UK consumer confidence fell two points in February as reports of a technical recession dampened hopes.
Moving markets: Will FTSE 100 ride the Nvidia ‘FOMO’ wave in AI trade today? February 23, 2024 Asian markets rose with Wall Street on Nvidia's AI FOMO. Oil prices fell, and China's new home prices dropped. Investors await Germany's GDP data and StanChart's earnings.
ECB and Fed more concerned by risk of persistent inflation than slow growth, minutes suggest February 22, 2024 The ECB and the Fed are more concerned about a premature easing in monetary policy than potentially squashing the economy.
Property lender Together toasts £50m profits as hopeful house-buyers told to stay positive as rates fall February 22, 2024 High interest rates on mortgages helped property lender Together post profits of almost £50m during the final three months of 2023, according to new figures.