Standard Chartered sells up in sub-Saharan African and turns to faster-growing markets like Saudi and Egypt July 14, 2023 Standard Chartered announced today that it would sell its subsidiaries in sub-Saharan Africa to Nigeria-based Access Bank. The bank will sell its stake in subsidiaries in Angola, Cameroon, Gambia and Sierra Leona as well as its consumer, private & business bank in Tanzania to Access Bank. “Access Bank will provide a full range of banking [...]
Drive around London in a Barbie movie inspired car with Sixt July 14, 2023 Unless you’ve been hiding under a pink sound-proofed boulder this July, you’ll have noticed that the Barbie movie is coming out soon, next Friday 21 July. It’s hard to remember a movie in recent years that has had more pre-release publicity, from the on-set photos of Margot Robbie and Ryan Gosling as Barbie and Ken [...]
EP: 214 Newmarket, York, Ascot & Hong Kong July 14, 2023 The Group 1 July Cup, the Group 2 Superlative Stakes and the Bunbury Cup are all highlights on the final day of Newmarket’s July festival on Saturday. We speak to husband and wife team Julie Camacho and Steve Brown who send Shaquille down to Newmarket for the big race. Ascot hosts the Group 2 Summer Mile and [...]
Crypto takes centre stage, but Bitcoin is rarely in the amateur dramatics spotlight July 14, 2023 Jason Deane casts an eye over what has suddenly become a week of drama for crypto, yet he notes Bitcoin appears to just carry on regardless.
Nearly half of tenants struggle to pay rent with millions now facing ‘financial vulnerability’ July 14, 2023 Nearly half of tenants are struggling to pay their rent, with millions now spending more of their disposable income on renting costs than homeowners. As the cost of living crisis has led many landlords to up the costs of rent, some 21 per cent of tenants report spending a higher proportion of their disposable income [...]
Pound surges to strongest level since April last year as traders bet on further rate hikes July 14, 2023 The pound has surged to its strongest position in over a year over the past week as traders bet the Bank of England will have to hike rates further and faster than global counterparts. Since the beginning of the month, the pound has risen from below $1.27 to trade at over $1.31. The last time [...]
FTSE 100 close: London’s premier index creeps into the green ahead of crucial inflation print on Wednesday July 14, 2023 London’s premier index closed the week slightly in the green after a quiet day ahead of next week’s crucial inflation print. The FTSE 100 slipped out marginal gains to trade at 7,440.65 while the midcap FTSE 250 index dropped 0.2 per cent to 18,594.73. All eyes will be on UK inflation data next week. Inflation [...]
Shares in Liontrust and Ashmore fall as money managers grapple with ‘challenging economic environment’ July 14, 2023 Shares in FTSE-250 listed money managers Liontrust and Ashmore slumped on Friday morning after both reported fund outflows over the past three months. Liontrust saw net outflows of £1.6bn in the last quarter as it prepares to acquire GAM Holding. Its assets under management (AuM) stood at £29.5bn at June 30, a decrease of six [...]
Beneatha’s Place at the Young Vic, review: Canny direction, excellent acting July 13, 2023 Kwame Kwei-Armah’s play (which he also directs) Beneatha’s Place is a more straightforward proposition than its circuitous history might suggest. It’s the first UK staging of his 2013 work, which premiered in Baltimore and acts as an unofficial sequel to Lorraine Hansberry’s seminal 1959 play about the African American experience. You don’t really need to [...]