Global reach of crypto leaves individual regulators powerless, FCA boss warns April 26, 2022 The global reach of cryptocurrencies has left individual regulators unable to shield consumers from mis-sold investments and dodgy products, the chief of the UK’s financial watchdog has warned.
Investors should ditch volatile tech where ‘profitability jars against interest rates’, argues digital health guru April 26, 2022 Much has been made of the current shortage in carers in the UK. The latest ONS data indicates a vacancy rate of 8.2 per cent in the care sector, nearly double the national average, and an overall shortfall of 105,000 workers. Some forecasts even suggests that an additional 627,000 people will be required by 2030 [...]
London comes out on top for foreign finance investment April 26, 2022 London’s finance firms attracted more foreign cash than any global city last year in a boon to the Square Mile’s standing as a financial hub beyond Brexit.
Former aide to Cameron fights to keep co-working firm afloat with emergency cash April 25, 2022 One of David Cameron’s former aides is fighting to keep his shared office firm Second Home afloat as he rushes to secure £6m of emergency funding from investors.
Universities braced for £250m funding hit due to Northern Ireland Brexit row April 25, 2022 Universities are set to weather a £250m hit to research funding if political leaders cannot settle the row over Northern Ireland, which is blocking the UK’s admission to a key European research body.
Retail investors dismiss ESG in pursuit of returns April 25, 2022 UK retail investors are willing to shrug off the environmental damage of investments as long as they deliver bumper returns, new research has revealed.
CVC and KKR mull bids for Toshiba as bosses explore sale April 25, 2022 Buyout giants CVC and KKR are mulling bids for Japanese conglomerate Toshiba as bosses explore a sale following a protracted battle with shareholders over the future of the group.
Standard Chartered snaps up virtual land as lenders accelerate metaverse investment April 25, 2022 Emerging markets lender Standard Chartered has announced a push into the metaverse today as it snaps up a plot of land in decentralised gaming world The Sandbox.
Shoppers push for tech investment as demand for new payment methods swells April 25, 2022 UK shoppers are pushing retailers to ramp up investment in technology as demand for new payment methods from retailer swells, new data has revealed. Around 80 per cent of shoppers are calling on retailers to invest in tech like frictionless payments to help avoid queues and swerve lengthy checkout forms, according to a report into [...]
Spac boom falters as regulators ramp up scrutiny April 24, 2022 A global boom in so-called blank-cheque firms has faltered in the first quarter of 2022 as investors grow sceptical of the vehicles and regulators prepare to clampdown on fanciful financial forecasting.