Russian man arrested at Gatwick Airport on suspicion of spying for the Kremlin June 15, 2022 A Russian man in his 40s has been arrested at Gatwick airport on suspicion of spying for the Kremlin. Counterterrorism police with Scotland Yard made the swoop reportedly as the suspect was trying to get on a plane and leave the country, according to The Sun. The Met Police said in a statement to City [...]
Bitcoin holds above $20k ahead of US inflation meeting June 15, 2022 Bitcoin is currently changing hands for just above the $21k level, down another five per cent over the past 24 hours.
Q&A: Are we heading towards a commodity super-cycle? June 15, 2022 | City Talk Commodities have achieved strong price gains recently, prompting speculation that we could be in the early stages of a so-called super-cycle; a sustained period of growing demand exceeding supply. Global commodity prices have moved higher in the past few months, partly due to geopolitical issues such as Russia’s invasion of Ukraine. A mismatch of demand [...]
Prize fighter Eldarov to give his rivals a royal beating in the Queen’s Vase June 14, 2022 Prize fighter Eldarov to give his rivals a royal beating in the Queen’s Vase STRADIVARIUS won the 2017 renewal of the Queen’s Vase (3.05pm) before going on to become one of the greatest stayers of all time. It is highly unlikely there is a horse of his calibre in today’s field, but it looks [...]
Population of High Net Worth Individuals in the UK grew to 609,400 in 2021 as wealth rose globally June 14, 2022 The number of people in the UK with investable assets of $1 million or more, called High Net Worth Individuals (HNWI), rose 6.3 per cent to 609,400 in 2021 as wealth increased globally. The 2022 World Wealth Report by Capgemini on Tuesday revealed that the global HNWI population grew 7.8 per cent in 2021, with [...]
Coinbase to cut staff by 18 per cent as it warns of crypto winter June 14, 2022 Crypto exchange Coinbase will lay off 18 per cent of its workforce as it warned of a recession and a crypto winter. Coinbase CEO Brian Armstrong said the decision was based on the need to manage expenses and increase efficiency as the company looked to “stay healthy during this economic downturn”. “We appear to be [...]
Government buys stake in Sizewell C and paves way for funding June 14, 2022 The government has made progress on its proposed funding scheme for nuclear power, with Sizewell C set for taxpayer backing.
TEN campaigners arrested after daubing Treasury with red paint in fossil fuel protest June 14, 2022 The front of HM Treasury’s building was daubed with red paint as 10 Just Stop Oil campaigners were arrested accused of crimes including criminal damage and causing a public nuisance. Environmental protestors were pictured on the grass in front of the building on Monday with red paint on the pavement, before police arrived to detain [...]
EP: 139 Royal Ascot – Thursday June 14, 2022 The Gold Cup, run over two and a half miles, takes centre stage at Royal Ascot on Thursday when Frankie Dettori teams up with his old favourite stayer Stradivarius, who looks to win the Group 1 prize for a fourth time. The Norfolk Stakes and Ribblesdale Stakes, both Group 2 contests, also take place on [...]
Five doodles to explain climate investing in multi-asset June 14, 2022 | City Talk Our multi-asset investment team has drawn five doodles that help you understand how they think about climate investing. 1. Sustainability is a two-way thing All investors should consider the impact of the climate on their portfolio. But investors whose portfolios have a sustainability objective should go one step further. They should consider the impact their portfolio [...]