By Nicholas Earl A Government backed programme to insulate homes and install heat pumps could inject £6.8bn into the economy by the end of the decade and create almost 140,000 new jobs in the energy sector, according to a new report from Cambridge Econ…
Liz Truss gives up on UK-US trade deal as Global Britain’s Brexit efforts shift to Gulf, India, Australia and Japan
By Michiel Willems The Prime Minister has stressed that her trade priority is post-Brexit striking deal with the Gulf states and India, and joining a trade pact with nations including Australia and Japan. At the same time, Liz Truss conceded that negot…
Liz Truss to jet off to New York for her first UN General Assembly
By Stefan Boscia Liz Truss will tonight fly to New York to attend her first United Nations General Assembly session as Prime Minister, just hours after attending the Queen’s committal service at Windsor Castle. Truss will hold a series of bilateral mee…
How can traditional finance embrace crypto?
By Darren Parkin by Charlie Erith, CEO of ByteTree Asset Management Public awareness of crypto grows by the day. Yet the gulf between institutional investment and digital assets seems to narrow at a glacial pace. That’s not to say that there is no inst…
The consequences of the Ethereum ‘Merge’
By Darren Parkin by Benjamin Dean of WisdomTree The Ethereum network experienced an update this week. Colloquially termed ‘The Merge’, this update involved transitioning the network’s consensus mechanism to proof-of-stake. The consequences of this chan…
Number of insolvent firms up by 72 per cent: Hospitality hit ‘from both sides’ of energy price crisis
By Jack Mendel There has been a huge spike in the number of company insolvencies in the past year by 72 per cent, as hospitality bears the brunt of soaring energy bills. New figures from the Insolvency Service show pubs, bars and restaurants have been …
EP: 160 Ayr, Newbury & Hong Kong
By Chris Barnett The Ayr Gold & Silver Cups are the feature races at the west Scottish track on Saturday as the sprinters line-up over 6-furlongs. Further south, Newbury stages a trio of Group races on the same afternoon. Trainer John Ryan steps Manacc…
Queen’s funeral: Three key tube stations closed on Monday to prevent overcrowding
By Ilaria Grasso Macola Three key London tube stations will be closed on Monday to prevent overcrowding ahead of the Queen’s state funeral. Westminster, St James’s Park and Hyde Park Corner tube stations will remain shut for most of Monday morning up t…
Lloyd’s of London closes underwriting room to remember Queen Elizabeth II
By Louis Goss Lloyd’s of London today closed its underwriting room to hold a memorial to Queen Elizabeth II and mark the accession of King Charles III. The centuries-old insurance marketplace closed the underwriting room in its iconic City headquarters…
Pressure builds to scrap bankers’ bonus cap as BoE says it never backed policy
By Jack Barnett Pressure is building on Kwasi Kwarteng tonight to scrap the cap on bankers’ bonuses, as the Bank of England said it never wanted the EU pay restriction. One minister also told City A.M. that scrapping the cap “makes it more attractive t…