Hedge fund founder Crispin Odey acquitted of indecent assault March 11, 2021 Hedge fund mogul Crispin Odey has been acquitted of indecent assault after being accused of groping a young woman in the late 1990s. Odey, founder of Odey Asset Management, was accused of “launching” himself at a young woman at his home in 1998. The woman, who was 27 at the time and worked in the [...]
European Central Bank to print money faster as interest rate stays unchanged March 11, 2021 European Central Bank to print more money faster as interest rate stays unchanged
Odey: Intimacy with the young woman ‘might’ve been at the back of my mind’ March 11, 2021 The case involving an indecent assault allegation against city grandee Crispin Odey should come to a conclusion this afternoon, after Odey took to the witness stand this morning to give his recollection of events. Odey appeared at Westminster Magistrates Court today to defend himself against an alleged indecent assault that took place in 1998. Today [...]
Before the Bell: After US stimulus boosts global sentiment, traders look to ECB today March 11, 2021 The muted mood in government bond yields played a role in the rally enjoyed by stocks yesterday. In the past few weeks, rising yields acted as a catalyst to declines in stocks, while on the other hand, when yields have held steady or slipped, that has typically triggered the buying of stocks. “Yesterday was like [...]
Dow hits record high as Biden’s $1.9 trillion Covid stimulus bill gets final approval March 10, 2021 The blue-chip Dow Jones hit a new record high tonight as President Joe Biden’s $1.9 trillion (£1.4 trillion) Covid-19 stimulus bill received final approval in the House of Representatives. The bourse jumped 1.5 per cent over the course of trading to hit 32,297.81 after inflation fears subsided today. In addition, the S&P 500 also ground [...]
Search for missing Sarah Everard becomes murder investigation March 10, 2021 The search for Sarah Everard, who went missing from South London last Wednesday, has become a murder investigation, after a Metropolitan Police officer was arrested over her disappearance. Everard was last seen at 9:30pm on Wednesday 3 March, when she walked home from a friend’s house in Clapham, South London. A policeman and a woman [...]
US Congress set to vote on Biden’s $1.9 trillion Covid-19 relief bill March 9, 2021 The US Congress will take up President Biden’s blockbuster $1.9 trillion Covid-19 relief bill tomorrow. The House of Representatives, under Democratic party control, is expected to approve it which would enable President Joe Biden to sign the legislation into law later this week. The Senate, where Democrats have a razor thin majority, passed its version [...]
Downing Street spends millions on new broadcast room March 6, 2021 Downing Street has spent more than £2.6m on fitting out a new meeting room, following plans to have America-style daily press conferences. The Cabinet Office told the BBC the multi-million-pound spending was “in the public interest” and will “increase public accountability and transparency”. Number 10 plans to start televised daily press conferences similar to those [...]
Democrats advance Biden’s $1.9 trillion Covid-19 relief package March 6, 2021 Democrats forged ahead with President Joe Biden’s $1.9trn coronavirus relief plan early on Saturday, holding back Republican attempts to modify the package. With Republicans united in opposition, Democrats who narrowly control the chamber must keep all 50 of their members on board in order to pass the package, as they hope to do this weekend. [...]
Share of Brits working from the office rises to pre-lockdown level, as remote working appeal fades March 5, 2021 Share of Brits working from the office rises to pre-lockdown level