Building Blocks: what is Bitcoin halving? March 11, 2024 Lately, you may have heard reference to something known as the Bitcoin halving, or “halvening.” To the uninitiated, this might suggest splitting a Bitcoin into two equal parts and if that’s your first thought, you’re on the right track. However, to fully understand the meaning of Bitcoin halving we must first understand exactly how new Bitcoins are issued into circulation.
UK set for recession rebound as growth returns, GDP figures expected to show March 11, 2024 Rob Wood, chief UK economist at Pantheon Macroeconomics, said last year's minor recession was "already disappearing in the rear-view mirror".
London remains UK’s strongest region as capital powers country out of recession March 11, 2024 Despite the decrease, the figures still pointed to a "robust expansion in activity" with London remaining the strongest-performing region in the UK.
Changing jobs might no longer mean a pay rise as salary hikes slow March 11, 2024 Starting salary inflation eased to its slowest rate in nearly three years, a closely watched survey showed, in the latest indication that slack is building in the jobs market.
Market insights: Five forces impacting FTSE 100 today March 11, 2024 Asian markets stumbled while China celebrated its exit from deflation with rising consumer prices. Bitcoin briefly soared to $70,000, attracting global attention. Investors are now closely monitoring the UK GDP and U.S. inflation reports, pivotal factors influencing global economic trends.
China breaks deflationary chains with February surge in consumer prices March 11, 2024 China saw its first instance of inflation in February after enduring four consecutive months of deflation.
Berkeley and Persimmon to reveal housebuilder pain of interest rate hikes March 10, 2024 UK housebuilders are set to shed light on the state of the fragile property market amid a number of key updates from firms next week. Shareholders are braced to see accounts for Persimmon, Berkeley and Vistry all show a fall in sales numbers after higher interest rates weighed heavily on activity last year. Interest rates [...]
US inflation top of the agenda with Fed interest rate cuts ‘not far’ away March 10, 2024 Inflation has fallen sharply across many advanced economies, but central banks have so far been unwilling to cut interest rates when they are not absolutely certain that inflation is under control.
Why it may not be all doom and gloom for John Lewis March 10, 2024 Employee-owned John Lewis Partnership has faced a series of dilemmas over the past few years, but analysts are “cautiously optimistic” a refresh of its top table will help aid its balance sheet ahead of its results next week.
Ageas’s interest Direct Line shows just how far the UK’s insurers have come since Covid March 9, 2024 And it is hard to overstate how difficult personal line insurers—by which we mean insurers whose customers are people, as opposed to businesses—like Direct Line, Admiral and Aviva have found business in the post-pandemic era.