Royal Mail faces national security probe as strike action looms August 25, 2022 Royal Mail is facing a national security investigation over concerns that Czech billionaire Daniel Kretinsky is planning to hike his stake in the company, just as its summer of strikes is set to kick off.
Germany to launch new enforcement agency to strengthen fight against white-collar crime August 25, 2022 Germany has set out plans to start a new country-wide financial crime authority with a view to strengthening the country’s responses to sanctions breaches and white-collar crime. The plans will see Germany’s finance ministry combine the country’s more than 300 financial crime agencies into a new federal authority, in line with plans to “curb financial [...]
Watchdog whacks Spreadex with £1.36m fine over punter failings August 25, 2022 Spreadex has been slapped with a £1.36m fine by the gambling watchdog after it found social responsibility and anti-money laundering failings.
Deezer loses 300k subscribers after rocky market debut August 25, 2022 Deezer said it lost 300,000 subscribers in the first half of the year just as the firm begins to recover from its IPO slump.
Five million pounds of Banksy art is now free to see in the City August 25, 2022 Walking into the Banksy exhibition at the new Red Eight Gallery at The Royal Exchange, the first artwork you’ll see is Morons, a depiction of an auction room upon which Banksy has scrawled: “I can’t believe you morons buy this shit.” Let’s just get this out of the way first: it’s blazingly ironic to host [...]
Waiting game for Bitcoin as investors anticipate tomorrow’s interest rate clues August 25, 2022 Most major cryptocurrencies continue to trade sideways this morning, with the price of Bitcoin again holding at just below $22k.
Which UK shares should you keep an eye on in September 2022 August 24, 2022 | City Talk As Citi predicts UK inflation will strike a forbidding 18.6% in early 2023, investors are rushing to rebalance their portfolios away from unsustainable growth towards the best UK shares, including FRP Advisory Group, QinetiQ, and Phoenix Group. UK shares to buy With interest rates rising with the risk of corporate defaults, the twin signposts of liquidity and [...]
Ethereum outperforming Bitcoin as drawdown nears 300-day milestone August 24, 2022 The price of Bitcoin is flat again over the past 24 hours, currently changing hands for $21,324 this morning.
Next winter’s energy crisis will be even worse, warns forecaster August 23, 2022 Next winter's energy crisis will be even worse than this year, unless the West makes fresh efforts to tame demand.
Europe’s gas crisis: what does it mean for investors? August 23, 2022 | City Talk Europe faces high gas prices and potential shortages as supply from Russia dwindles. We ask our investment experts what this means for companies, the energy transition, and the eurozone economy. Europe’s precarious gas supply situation has been a prime focus for markets ever since Russia’s invasion of Ukraine at the end of February. The European [...]