Gold prices finally rise amid Wall Street turbulence and inflationary pressures January 21, 2022 Gold could be returning to its established role as an inflation hedge, with prices finally increasing after many weeks of treading water.
December home transactions show ‘strong end to frenzied year’ as markets expected to slow January 21, 2022 According to HMRC data, the provisional seasonally adjusted estimate of UK residential transactions in December 2021 was 100,110. This marks a 20 per cent dip on December 2020 but a 7.6 per cent spike on the prior month. Last year also saw a record level of home transactions of almost 1.5m, the highest since 2007, [...]
BT slaps millions of customers with 9 per cent hike in charges on phone and broadband bills January 21, 2022 Telecoms giant BT has said it plans to increase prices by 9 per cent from the end of March for most customers, another sign the cost-of-living squeeze is deepening. The company said those affected will end up paying an extra £3.50 a month – or £42 annually – on average for phone and broadband bills. [...]
Are Bitcoin’s positives being drowned out by negative economic noise? January 21, 2022 Jason Deane points out the numerous positives about Bitcoin that are getting lost in the fog of negative news narratives.
Brits’ optimism shrinks on soaring inflation and looming tax hikes January 21, 2022 An inflation spike, the re-emergence of Covid-19 restrictions and looming tax hikes have combined to dampen Brits’ confidence in the year ahead, reveals a closely watched survey released today. The erosion of household budgets by inflation climbing to a near three decade high has led to concerns about a deterioration in personal finances to sweep [...]
Firms must explain themselves in this winter of price hikes January 20, 2022 The last time inflation was a hot-button political issue, Whitney Houston was top of the charts, the VCR was the must-have purchase, and a scandal-ridden Tory prime minister was clinging on desperately to power. Some things change, others less so. This marks trouble for business – in two ways. In the most obvious sense, prices [...]
FTSE 100 stocks to watch January 20, 2022 With January underway, we look at two high volume FTSE 100 stocks that you should keep an eye on in the coming months. 1. Lloyds In mid-December 2019, Lloyds was worth a respectable 64p per share. But after the pandemic-induced mini-crash, it had collapsed to 25p by September 2020. But after significant volatility, it’s recovering in the [...]
Brits to shoulder worst cost of living squeeze since 1991 January 20, 2022 Brits are set to shoulder the worst cost of living squeeze since the early 1990s, ignited by swelling energy bills and food prices compounding to spike household budgets. This week’s higher than expected inflation reading bounced one the world’s top investment bank’s cost of living forecasts. Wall Street titan Goldman Sachs lifted its expectations for [...]
London film studio reveals ambitious plans to broadcast from space by 2024 January 20, 2022 A London entertainment studio has ambitious plans to film the first-ever movie in space – which could come to fruition before the end of the decade. Space Entertainment Enterprise (SEE) is currently co-producing Tom Cruise’s upcoming space movie with Hollywood veteran Doug Liman. Alongside production, Southwark-based SEE has revealed plans to launch a micro-gravity film [...]
Bitcoin volumes low as markets stay flat January 20, 2022 It’s been another flat 24 hours for the prices of major cryptocurrencies, with Bitcoin up less than one per cent since this time yesterday.