EP: 136 York, Sandown & Hong Kong June 10, 2022 With Royal Ascot taking place next week, we can expect a slightly more low key weekend of flat racing in the UK, where York & Sandown both stage 7-race cards on Saturday afternoon. Clive Cox has a couple of really good chances of saddling a winner or two this weekend and the Lambourn based trainer [...]
Exclusive: Protium enjoys record hydrogen funding round to power green ambitions June 10, 2022 Protium has enjoyed the largest ever funding round in the UK for a hydrogen energy company, securing over £40m of investment.
1 Minute Market Rundown – 10th June 2022 June 10, 2022 | City Talk Trade the ExtremesCrypto Needs to Bounce SoonWhen to Buy the Dip? Yesterday saw a lesson on how not to act like a Central Bank from the ECB. In over 25 years of trading I have rarely seen a less impressive performance at a press conference than we got from Lagarde. The plan was clear. Tell [...]
Netflix or Spotify: Investors shouldn’t tar streamers with the same brush says US investment bank June 9, 2022 Investment bank Raymond James said music streaming is in a better position than video streaming, urging investors not to dump streaming shares too quickly. It comes after Netflix continues to ride out a rocky few months, with shares down 66 per cent in the year to date thanks to dwindling subscribers and a downbeat outlook [...]
Parkdean Resorts: £1.6bn sale of holiday park giant stalled over slow UK growth concerns June 9, 2022 The UK economy’s slowing growth is reported to have stalled the £1.6bn sale of Parkdean Resorts following a sixth month auction process. The holiday parks operator and its owner Onex Corporation took the decision to call off the move amid concerns about a possible UK recession, and its impact on the staycation market. This week, [...]
Thousands of jobs at risk after Sanjeev Gupta’s GFG Alliance loses bid to throw winding up order out of court June 9, 2022 Three of the firms that make up Sanjeev Gupta’s steel empire could be plunged into administration imminently, after a court rejected GFG Alliance’s bid to have a winding up order thrown out of court. The court ruled that the metals group’s financial difficulties were not due to Covid-19, as it rejected GFG Alliance’s claims the [...]
London becomes fourth most expensive city in the world: Rent, petrol and cooking oil drive cost of living June 9, 2022 A perfect storm of rising inflation, the war in Ukraine and soaring house prices and rent, have turned London in to a pressure cooker of expense, making it the fourth most costly place to live in the world. London move up one place according to new research about cost of living for expatriates around the [...]
Laurel’s review: Partying poolside, I forgot how hungry I was June 9, 2022 It’s long been a trope of the London restaurant scene to deck out pokey shoebox venues – no doubt rented at extortionate cost – as if they are luxurious, hedonistic beach clubs. God knows how many thousands of tonnes of sand is dumped over car parks round the back of the Roundhouse in Camden and [...]
Crypto markets remain flat as stocks fall June 9, 2022 The price of Bitcoin is holding strong at just above the $30k mark this morning, roughly flat over the past 24 hours.
British American Tobacco narrows losses for cigarette alternatives as it invests £1bn in vapes and reduced risk products June 9, 2022 Vogue cigarette maker British American Tobacco reported slow revenue growth this morning, up two per cent.