Bitcoin soars on Spot ETF optimism while Binance stops UK sign-ups and Reddit ditches tokens October 23, 2023 Data from CryptoCompare shows the price of Bitcoin (BTC), moved up steadily throughout last week from $27,500.
Bond yields are rising. Here’s why markets are worried about what’s next. October 23, 2023 Concerns are growing that the rise in government bond yields around the world will have knock-on effects throughout the financial system.
Global uncertainty strengthens case for UK oil and gas, says industry boss October 23, 2023 Emerging geopolitical challenges are strengthening the case for domestic oil and gas production, argued the chief executive of OEUK.
Why AI isn’t a threat to the white van man October 23, 2023 Will Davies, CEO of Aspect, delves into AI, the white van man, school leavers and government requirements AI and the future of the white van man man No, AI isn’t a threat to the white van man; it’s a transformative force enhancing our industry for both tradespeople and customers. In the past two years, we [...]
ECB to leave interest rates on hold as battle against inflation nears finale October 22, 2023 The European Central Bank (ECB) is almost certain to leave interest rates on hold later this week, but retain the option of hiking rates again if circumstances require.
Next week in the City: PMIs and Big Tech results loom in a busy week for markets October 22, 2023 Investors will have a range of data points and big corporate events to keep them busy next week, including results from the big tech firm and a clutch of PMI survey results.
IAG: British Airways owner set to report £1.3bn profit but Israel-Gaza conflict sparks concern October 22, 2023 The IAG is set to report £1.6bn profit on Friday, but conflict in Israel and air traffic disruption could hinder its share price rally.
Big London firms lost up to £50k from crime last year as calls mount for Met to step up October 20, 2023 Almost a fifth of larger businesses in London impacted by crime said they have lost up to £50k in the last year as a result, as fresh calls are being made to up skills officers to prevent further offences. According to a new study by the London Chamber of Commerce and Industry (LCCI), a further [...]
Tax receipts: Five things we’ve learnt from today’s data October 20, 2023 Total HMRC receipts for April to September came in at £392.5bn, up £23.1bn from the same period last year.
More than just hot air: the UK should be the home of a carbon market that actually works October 20, 2023 This year, peatland ecosystems in the Indonesian districts of Katigan and Kotawaringin Timur – covering an area roughly the size of London – will lock away the carbon emissions equivalent of two million cars. Thousands of miles away, powered by Icelandic geothermal energy, Climeworks’s spaceship-esq Orca project is busily sucking carbon dioxide out of the [...]