Fear grips markets while Bitcoin holds at over $43k October 1, 2021 Bitcoin has banked more people in three weeks than the entire banking system did in several decades, writes Jason Deane.
UK’s Tortilla Mexican food chain valued at £70m as it prices shares ahead of IPO September 30, 2021 Mexican fast food chain Tortilla has been valued at £70m after pricing its shares in the region of expectations ahead of its debut on London’s Aim market. Tortilla priced its shares at 181 pence per share, less than a week after it announced its intention to float on the London stock exchange. The restaurant brand [...]
Labour: Triggering article 16 of Northern Ireland Protocol would be ‘tragic’ September 29, 2021 It would be “tragic” if the government triggers article 16 of the post-Brexit Northern Ireland Protocol and suspends the treaty, according to Emily Thornberry. The shadow international trade secretary today said the government needed to dial down its constant threats to rip up the protocol as UK-EU negotiations over its implementation continue. Negotiations between the [...]
Cryptocurrency markets struggle again as debt ceiling deal fails September 29, 2021 The prices of Bitcoin and other major cryptocurrencies are largely flat over the last 24 hours, though still down slightly from before Friday’s news about China.
Let’s talk Aviva: Smaller but richer insurance firm is looking to grow again September 29, 2021 It has been an interesting couple of months for insurance firm Aviva. The City giant sacked its fund manager and was dragged into a leasehold agreement affair it had hoped to avoid. Nevertheless, following a year of cutting costs and selling foreign assets, Aviva feels confident about the future. The company is firmly on investors’ [...]
Bitcoin and Ethereum head into decline as investors look to play safe after China ban September 28, 2021 Bitcoin is currently changing hands for around $42k, down from just below $44k yesterday. Ethereum has also fallen to below $2,900 again.
Now pubs and bars call for visa help as staff shortage bites September 28, 2021 Restaurant and pub bosses have pleaded for ‘easy visas’ to help fill vacancies as they desperately try to recruit enough staff to keep the doors open. Patrick Dardis, CEO of London-based pub group Young’s told City A.M. yesterday that the UK needed to open up the job market to the EU to increase the labour [...]
Labour conference: Reeves pledges to spend £252bn on green investment by 2030 September 27, 2021 Labour will spend £252bn on a package of green investment if it wins government at the next election, shadow chancellor Rachel Reeves has announced. Reeves today said she would spend £28bn a year on green infrastructure “to unlock that potential, create secure jobs and protect our planet for future generations”, while also declaring that the [...]
What China crisis? Crypto markets rally despite Beijing clampdown September 27, 2021 The price of Bitcoin and other leading cryptocurrencies tumbled on Friday, as news spread that China’s central bank had again declared all crypto-related transactions illegal.
D-Day in Germany: End of the Merkel era as Germans go to the polls in three-way battle September 26, 2021 As polls have opened in Germany and election day has begun for just over 60m eligible voters, Europe’s largest economy is seeing its first three-way contest for the chancellery as the environmentalist Greens join the country’s two traditional big parties in fielding a candidate for the top job. The Social Democrats’ candidate, Olaf Scholz, is [...]