Watchdog blames social media ‘hype’ and competitiveness for younger investors’ bets on crypto October 20, 2021 Three quarters of younger investors in the UK who place their bets on high-risk products, such as cryptocurrencies, say they are driven by “competition” with friends and their own past investments, according to new research from the FCA. Of the 1000 UK younger investors that the FCA surveyed between the ages of 18 and 40 [...]
Eddie Jones backs Marcus Smith to handle England role October 19, 2021 Eddie Jones has backed Marcus Smith to handle the pressure of being England’s fly-half after naming the exciting Harlequins prospect in his Autumn Nations Series squad. Smith made his debut in the summer against the US before being picked as a late call-up for the British and Irish Lions’ tour to South Africa. “First of [...]
Exclusive: City investors know regulation is on the horizon for buy now pay later firms October 19, 2021 The Buy Now Pay Later sector (BNPL) has seen a surge of activity since the start of the pandemic as consumers turned to online shopping and welcomed the option to purchase trending items of clothing, beauty products and other goods without parting with all of their cash up-front. More and more BNPL options, including Klarna [...]
Number 10 does not deny Boris Johnson and wife had pal over at Christmas October 18, 2021 Number 10 has refused to deny Boris Johnson and Carrie Johnson had their friend Nimco Ali stay for Christmas last year as London was in lockdown, but insisted the pair “followed coronavirus rules at all times”. It is thought that Ali, who is godmother to the Prime Minister’s young child Wilfred, was in a childcare [...]
4.5x borrower’s earnings: ‘Risky mortgages’ rising fast, mostly in Wandsworth, Walthamstow and Croydon October 18, 2021 South London is the UK’s hotspot for high-risk mortgages – with more than 6,300 mortgages written at 4.5 times the borrower’s earnings or higher in the last year, according to new research shared with City A.M. this morning. Bank of England guidance says mortgages are considered ‘high-risk’ if they are lent at 4.5 times the [...]
Long read: Tech firm with big ideas looks set for Shift into higher gear October 18, 2021 PICTURE the scene: a living room full of boxes, two flights of stairs and a hired van parked two streets away. After multiple trips – in both senses of the word – one is inclined to be a bit fed up. It’s the sort of moment that makes you wish somebody invented an easier way [...]
Axe hovers over Ole Gunnar Solskjaer as familiar questions haunt Man Utd boss October 17, 2021 It was a 3-1 loss to Liverpool that finally brought the chop for Jose Mourinho and opened the door for Ole Gunnar Solskjaer to return to Manchester United. Mourinho went into that December 2018 game on a run of two wins in seven matches and amid a growing sense that, 31 months on from being [...]
Obama to attend COP26 and meet activists October 16, 2021 Former US President Barack Obama has announced his attendance at the COP26 summit, which will take place between 31 October and 12 November in Glasgow. “Barack Obama will meet with activists and put the threat of climate change in [a] broader context – laying out the important progress made since the Paris Agreement took effect, [...]
Obama to attend COP26 and meet activists – CityAM : CityAM October 16, 2021 Former US President Barack Obama has announced his attendance at the COP26 summit, which will take place between 31 October and 12 November in Glasgow. “Barack Obama will meet with activists and put the threat of climate change in [a] broader context – laying out the important progress made since the Paris Agreement took effect, [...]
White Noise, Bridge Theatre review: A provocative take on racism in America October 15, 2021 White Noise, Suzan-Lori Parks’ explosive play on race in twenty-first century America, is as much about the problem of silence in the face of injustice as it is about performative solidarity. The play centres on four thirty-somethings: Leo (Ken Nwosu), a black artist, his white lawyer girlfriend Dawn (Helena Wilson), and their old college friends, [...]