Money matters – Financial literacy: A vaccine for life July 12, 2022 Could a double dose of financial literacy combined with experience help households make more rational financial decisions? What can be done to enable households to make more rational financial decisions? In the wise words of Warren Buffet, one of the greatest investors of all time, invest in yourself by accessing the latest financial education for [...]
MJ Gleeson doubles home sales as appetite for affordable property offsets inflation July 11, 2022 Low-cost housebuilder MJ Gleeson has doubled its home sales in the past five years, leaving significant material and labour cost increases in the dust. In an upbeat trading update today, the company boasted a more than 10 per cent jump in sales to a total of 2,000 in the year to 30 June. “Notwithstanding the [...]
£15,000 NFT purchase for access to private members’ club in the City July 11, 2022 by Eliot Wilson Lockdown was a tough time for private members’ clubs. After all, if your business model is posited on people meeting face-to-face in a physical location, social distancing is social death. Some managed to adapt: the Ivy Club offered online events for members, while the Ned dispatched cocktails to the homes of its [...]
£134bn: Biggest rise in tax receipts since 2000 gives chancellor room to make cuts July 11, 2022 The new chancellor of the exchequer may have leeway for tax cuts, after a £134bn spike in so-called ‘stealth ‘ taxes. There was the biggest increase in receipts since the turn of the century over the last 12 months, up to £718bn, representing a 23 per cent increase on the previous year. The rise from [...]
Money stolen from crypto fraud soars despite crash July 11, 2022 The money stolen from crypto frauds has increased over the past year even as a crash has seen cryptocurrency prices plummet. Crypto fraudsters stole 58 per cent more money in the past 12 months with victims in the UK generally losing £36,250 per fraud, a report by cyber security company NordVPN revealed today. Total losses from crypto fraud [...]
Channel 4 privatisation still on track despite political turbulence July 10, 2022 Channel 4's privatisation is still on track, despite reports that Boris Johnson's resignation may have scuppered the broadcaster's £2bn sale.
Chancellor Nadhim Zahawi becomes latest bidder in Tory leadership race July 10, 2022 Newly-appointed Chancellor Nadhim Zahawi has become the latest bidder in the Tory leadership race. Zahawi has now thrown his hat in the ring, joining the likes of former Chancellor Rishi Sunak as well as transport secretary Grant Shapps – who made his bid earlier today – and Attorney General Suella Braverman. The former education secretary [...]
How I (finally) got into crypto, 50 years on July 8, 2022 Crypto AM's Monty Munford goes back through time to take a look at how he first got into crypto.
LIVE BLOG: Boris Johnson ‘should not remain in Downing Street’ says former PM Sir John Major July 7, 2022 Welcome to City A.M.’s rolling coverage of the ongoing Conservative coup against prime minister Boris Johnson. We’ll bring you all the latest news, resignations, appointments, analysis and opinion, as well as the impact of the crisis on the markets and economy. 2pm – Former PM Sir John Major says Boris Johnson “should not remain in [...]
Bye Boris: NI Secretary Brandon Lewis, Treasury minister Helen Whately and Security minister Damian Hinds flee No 10 July 7, 2022 Northern Ireland Secretary Brandon Lewis has resigned around 7am from the Cabinet, telling the Prime Minister that Government requires “honesty, integrity and mutual respect”. Minutes later, Treasury minister Helen Whately has resigned, telling Boris Johnson there “are only so many times you can apologise and move on”. And only moments ago, Security minister Damian Hinds [...]