By Darren Parkin by Paul Sisnett, co-founder & CEO of paywith.glass As Prime Minister Liz Truss attempts to steady the ship in the turbulent aftermath of a mini-budget that resulted in a change of Chancellor, one of her greatest challenges, as well as …
Bitcoin looks to be consolidating around $19,500 as crypto markets dig in
By Darren Parkin Bitcoin, the largest cryptocurrency by market cap, has again consolidated in the $19,000 to $20,000 range and is now up by more than 2% over the last week. It is trading at $19,550 this morning. This price range has received strong sup…
Housebuilder Bellway banks record revenue – but inflation eats into profits
By Millie Turner Bellway has recorded yet another record revenue amidst the UK’s housing market boom, but rising inflation has significantly eaten into profits. The FTSE housebuilder’s revenue grew 13.3 per cent to £3.53bn in the year to 31 July, up fr…
Next 15 clears regulatory hurdles in M&C Saatchi takeover
By Emily Hawkins Next 15 has cleared a final regulatory hurdle in the US as the London based media firm hopes to finalise a deal for advertising giant M&C Saatchi after months. Now, Next 15 has told shareholders it had received written notification fro…
In the money: Moneysupermarket.com revenue swells amid travel return
By Emily Hawkins Price comparison platform Moneysupermarket.com has continued to see buoyant revenue after the return of summer holidays and business travel. In quarterly results on Tuesday, Moneysupermarket said recent performance had exceeded expecta…
Liz Truss has installed Jeremy Hunt in the driving seat and is in for a wild ride
By Sascha O’Sullivan Nicole Richie, the American reality TV star, once described getting an Uber as “going somewhere with a friend, just that friend doesn’t know you.” She was contracting out her transportation to a stranger because, at 32 years old, s…
Rees-Mogg opens talks with British Steel owner over bailout and jobs
By Leah Montebello The business secretary has reportedly opened formal talks with the owner of British Steel about a taxpayer bailout and job cuts. As first reported by Mark Kleinman for Sky News, Jacob Rees-Mogg wrote to parent firm Jingye Group last …
High-tax, high-drama, and out of ideas: Where next for the British economy?
By Andy Silvester High-tax, high-drama, and impossible to predict: welcome to Britain in 2022. God help anybody trying to drum up foreign investment onto these shores at the minute. Forget being sure about what the tax code might look like in a year’s’…
Trouble ahead in April as experts unveil new gloomy price cap predictions
By Nicholas Earl Energy bills will rise to a whopping £4,348 per year in April, warned Cornwall Insight, unless the Government commits to further support for households. The specialist has predicted the energy price cap will remain well above the curre…
Mordaunt says Truss is ‘not under a desk’ as PM avoids parliament scrutiny
By Stefan Boscia A senior cabinet minister has been forced to say that Liz Truss is “not under a desk”, after refusing to face questions in the House of Commons. Leader of the House of Commons Penny Mordaunt answered an Urgent Question in parliament to…