Is the future of our financial system DeFi? February 3, 2022 | City Talk If Bitcoin is the Book of Genesis in crypto’s historical record, then DeFi (decentralised finance) might as well be the New Testament. Not a big religion buff? That’s ok – we’ve put together a way more detailed explanation about DeFi and its key components. While having knowledge of the broader cryptoasset market is key, DeFi [...]
Levelling up: Khan says ‘deprived’ London areas need funding as much as the North February 2, 2022 Sadiq Khan has said London’s poorest boroughs are “some of the most deprived” in the UK and need funding just as much as the North in response to the government’s newly unveiled levelling up white paper. The mayor of London said he welcomed the new policy plan to help left behind areas in the North [...]
OPEC+ sticks to oil output increases despite members failing to hit agreed targets February 2, 2022 OPEC and its allies such as Russia (OPEC+) have stuck to agreed plans to raise production by another 400,000 barrels per day in March.
Crypto AM shines its spotlight on Bricktrade – a London-based property tokenisation platform February 2, 2022 Bricktrade is the UK's first property investment platform that tokenises real estate assets and opens them up to the possibility of investment from crypto market participants, whilst simultaneously providing real asset-backed investments.
Vodafone chief calls for consolidation amid fears European mobile operators are falling behind February 2, 2022 Vodafone chief urges policymakers to allow European mobile operators to merge and consolidate as firms feel mounting pressure. European telecoms companies face a bill of up to €300bn to roll out super fast 5G across the continent, which some argue is made harder by regulators demanding multiple operators compete in each market to keep consumer [...]
It’s a myth that ETFs are eating the world February 2, 2022 | City Talk ‘Software is eating the world’: so wrote the US venture capitalist Marc Andreessen back in 2011. From today’s perspective, with companies like Alphabet, Microsoft and Meta dominating the stock markets, Andreessen’s observation seems to have held up. Had BlackRock chief executive Larry Fink made similar comments about exchange-traded funds (ETFs) 11 years ago, he likewise [...]
Government plans £6bn loan scheme to protect households from soaring energy bills February 2, 2022 Downing Street will offer struggling energy companies access to billions of pounds in state-backed loans, according to The Times.
Both Bitcoin and Ethereum show signs of renewed confidence February 2, 2022 Bitcoin continues to trade sideways as it has for the past seven days, changing hands for around $38,500 this morning.
16 years of returns: History’s lesson for investors February 2, 2022 | City Talk This graphic shows the best and worst performing assets each year since 2006, and shows the powerful benefits of diversifying your investments. The temptation among investors is to stick with what you know. That is no bad thing. It is a strategy championed by successful investment pioneers such as Warren Buffett, a famous devotee of [...]
District and Piccadilly lines impacted and dozens evacuated: 70 firefighters tackling blaze near Acton Town tube station February 2, 2022 About 70 firefighters are tackling a blaze at a car garage close to a Tube station in London. Ten fire engines were called to the large fire on Bollo Lane, Acton, on Tuesday evening, London Fire Brigade (LFB) said. Around 35 people were evacuated from the area as a precaution. LFB said there were a [...]