Will the UK lead the way in embracing crypto assets and blockchain? September 17, 2022 Sean Kiernan discusses the challenge of finding a balance between regulation and opportunity for the UK and crypto.
Property guru: Truss’s energy package has helped housing market from cliff edge September 17, 2022 The Government’s action to limit the impact of energy price rises has helped pull the housing market back from the cliff-edge, a leading property association told City A.M. this morning. But the National Association of Property Buyers’ (NAPB) does stress further steps are urgently needed to ensure we don’t see a serious downturn in house [...]
British savers handed September boost as rates climb to highest level in a decade September 17, 2022 A new market analysis shared with City A.M. this weekend shows that the average rates being offered on some savings accounts have reached their highest level in nearly a decade. At 0.84 per cent, the average easy access rate is at its highest since a rate of 0.87 per cent was recorded in December 2012. [...]
Ethereum’s Merge ‘non-event’ was a genuinely brilliant achievement September 16, 2022 Jason Deane applauds Ethereum's incident-free transition from proof-of-work to proof-of-stake, but questions its necessity.
Diversify your portfolio by investing in wine September 16, 2022 Wine can be a lucrative investment opportunity, especially in an age of rising inflation, provided you have all the tools to do it right. Wine investment company Oeno could help you get there, working with three Masters of Wine — Justin Knock MW, Oeno’s director of wine, as well as Almudena Alberca MW and Gabriele [...]
Discover new ways to invest in property September 16, 2022 Want to outperform inflation? FCA-regulated online co-investment platform Shojin could help you unlock lucrative real estate investment opportunities. Investors have the potential to generate returns with clarity and simplicity by investing upwards of £5,000 in mid-market UK real estate projects that are valued at £10m-£80m. Shojin has investors from more than 40 countries globally, including [...]
Kwarteng must pull businesses out of limbo before MPs head off to party conferences September 16, 2022 I can probably count on one hand just how often MPs have been in parliament in these past three months. It makes a mockery of our parliamentary system in such a time of need.
UK jobs market on course to lose steam amid economic slump September 16, 2022 The UK jobs market is on course to finally lose some steam, driven by firms cutting staff in response to swelling costs and weaker consumer spending, a new survey published last night revealed. A historic inflation surge is likely to throw the UK into recession as soon as this quarter, forcing firms to cut costs. [...]
London’s FTSE 100 bumped higher by investors pouring into UK banks September 15, 2022 London’s FTSE 100 bounced higher today driven by inventors pouring into banks on expectations of more interest rate rises from the Bank of England. The capital’s premier index rose 0.07 per cent to 7,282.07 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, climbed 0.2 [...]
Developing nations should look to stablecoins, not Bitcoin September 15, 2022 Jai Bifulco of Kineses sets out the case for stablecoin adoption instead of turning to Bitcoin in emerging economies.