As predicted, the Bank of England has raised its interest rates to 4.25pc, with a 25 basis point increase. The hike was approved by a majority of 7-2 in the
In the City, shares in sub-prime lender Amigo have plunged by 90% to almost zero
Amigo Loans is set to close after being informed that raising additional capital in the current market is unlikely.
Audioboom Group PLC (AIM:BOOM) Audioboom and Formula 1 renew podcast partnership
Audioboom (AIM: BOOM), the leading global podcast company, will continue its strategic alliance with Formula 1® through 2025, partnering on the production, distribution and monetisation of Formula 1’s official podcasts
In February, UK inflation has surged to 10.4%, surprising many who held different expectations.
In February, UK inflation exceeded expectations by rising to 10.4% from 10.1% in January, defying predictions of a decrease to 9.9%.
Blackbird PLC (AIM:BIRD) Audited full year results for the year ended 31 December 2022
Blackbird plc (AIM: BIRD, OTCQX: BBRDF), the technology licensor, developer and seller of the multi award-winning cloud-native video editing platform, Blackbird , announces its audited full year results for the
The Bank of England’s (BoE) policymakers are scheduled to make a decision on Thursday regarding the potential increase of interest rates.
On Thursday, the Bank of England (BoE) policymakers will make a crucial decision on whether to increase or maintain the current interest rates.
Following the turmoil at Credit Suisse, markets have rebounded.
Asian markets experienced a rebound overnight from the previous day’s downturn, as concerns about another financial crisis eased and lenders were lifted.
What the hell is going on? Silicon Valley Bank, First Republic, Credit Suisse & potentially hundreds more
Good morning investors, and welcome to my very first newsletter on Substack. I have been motivated to start this weekly transmission for a few reasons.
As concerns about banking contagion escalate, UBS is considering a possible acquisition of Credit Suisse.
Sources have reported that UBS AG (UBSG.S) is considering the acquisition of Credit Suisse (CSGN.S), its struggling Swiss counterpart, in an effort to prevent the ongoing crisis at the bank
The London Metal Exchange discovers irregularities in nickel contracts
The reopening of nickel trading during Asian trading hours by the London Metal Exchange (LME) has been postponed due to the discovery of irregularities in nine nickel contracts.
According to the OECD, the UK is the only major economy, aside from Russia, that is expected to contract this year
The Organisation for Economic Cooperation and Development (OECD) has forecasted that the UK economy, apart from Russia, will be the sole industrialised country to shrink in 2023, even though increasing