‘Cosmic’ borrowing costs stop Russian bond sales as debt teeters on brink of default April 11, 2022 “Cosmic” borrowing costs have forced Russia to stop bond sales for the rest of the year, as its debt teeters on the brink of defaulting. Sanctions on the Kremlin continued to bite, as its finance minister revealed drastic action this week. This comes after Western sanctions forced it to pay bondholders in roubles, despite it [...]
City watchdog will not oppose Amigo rescue plans in boost for firm’s survival April 11, 2022 The City watchdog has announced it will not oppose new rescue plans for beleaguered sub-prime lender Amigo Loans, after it blocked a proposed compensation scheme for customers last year.
Make like a Bridgerton and book 18th century period property Keythorpe Hall – with its own staff April 11, 2022 Whether you’re a fan of Regency-era period drama Bridgerton or can’t stand the sight of it, retreating to a stately pile in the English countryside has always been a pleasant experience, especially for Londoners. Even though restrictions have lifted for foreign travel I still love nothing more than a simple drive out of the capital [...]
Crypto prices drift downwards despite bullish Bitcoin 2022 conference April 11, 2022 The price of Bitcoin has now dropped from highs above $47k last week to just above the $42k mark this morning.
Multiple US investors signal interest in £350m deal with Farhad Moshiri for Everton April 11, 2022 Everton are the latest Premier League club to attract interest from US investors, according to reports. The Merseyside club have made huge losses under owner Farhad Moshiri, who has spent heavily on players in a failed attempt to restore the Toffees to former glories. Russia’s invasion of Ukraine has also hit Everton, who have been [...]
Letter to Boris: Sunak calls for independent advisors amid wife’s non-dom status April 11, 2022 Rishi Sunak has written to the Prime Minister this evening asking him to refer his ministerial declarations to the Independent Advisor on Ministers’ Interests.
Rishi stole the crypto thunder with an NFT as Whitehall fights to go digital April 11, 2022 Last week, away from the grinding tragedy of the war in Ukraine and the ongoing fears over rising costs of living, Rishi Sunak unveiled an eye-catching plan. The Royal Mint is set to launch its own non-fungible token (NFT), marking the beginning of the government’s plans to wade into the cryptocurrency sector. NFTs have been [...]
New Pakistani Prime Minister set to be named following Khan’s ousting April 10, 2022 Pakistan’s new Prime Minister is expected to be announced tomorrow after Imran Khan was ousted over the weekend following a historic no-confidence vote. Opposition parties were able to secure 174 votes in the 342-member house in support of no-confidence. The motion was first raised a few weeks back following claims that Khan had acted unconstitutionally. [...]
1MDB: Ex-Goldman Sachs banker found guilty for role in world’s biggest financial scandal April 10, 2022 Former Goldman Sachs banker Roger Ng faces up to 30 years in prison after being found guilty on two separate counts of bribery and money laundering for his role in the multi-billion-dollar 1MBD scandal. A New York jury convicted Ng on two separate charges of conspiracy, after finding the banker guilty of taking part in [...]
Government still ‘committed’ to Holocaust memorial near Parliament despite High Court quashing planning permission April 8, 2022 The government is still “committed” to building a Holocaust memorial next to Parliament, despite a High Court decision to block planning permission for it. Peers have clashed after campaigners won a decision to delay a £100m project for a Holocaust Memorial and Learning Centre at Victoria Tower Garden in Westminster. Lord Pickles, co-chair of the [...]