By Kimberly Butler The crypto markets are broadly flat this morning, with the price of bitcoin having fallen 2 per cent to $22,873 over the past 24 hours at time of writing. The Ethereum price has fallen by roughly the same amount, down to $1,621 today…
Half of ALL Brits risks falling into fuel poverty before the end of this year in harshest economic climate ever
By Michiel Willems UK adults say the current economic climate is the harshest they have experienced, with half of all Brits either unable or soon to be unable to pay all of their bills. Millions of Brits are concerned about the months ahead as 47 per c…
Advantage or hindrance? Why home comforts can be a burden
By Matt Hardy England’s Lionesses surfed a tidal wave of expectation to win the Women’s Euros – a wave that would have engulfed athletes with lesser mental resilience, however great their physical and technical qualities. Who knows whether they would h…
Battery sustainability firm plots overseas growth after snagging approval for lithium storage box
By Millie Turner Battery sustainability firm Technology Minerals has snagged UN-standard approval for its lithium-ion storage boxes and is now looking to scale its new business overseas. The London-headquartered firm’s new business, known as Recyclus, …
Robinhood lays off almost a quarter of staff as crypto crash continues
By Hamza Fareed Malik Trading platform Robinhood cut about 23 per cent of its staff as the crypto crash persisted and economic outlook dampened. The company, which enables crypto trading, had previously laid off 9 per cent of its staff to manage costs….
Robinhood Crypto fined £24.7m in New York for regulatory violations
By Hamza Fareed Malik Robinhood Crypto was hit with a $30m (£24.7m) for violating anti-money laundering, cybersecurity, and consumer protection requirements. New York’s financial regulator the Department of Financial Services fined the trading platform…
TfL tells union financial recovery at risk if Tube strikes go ahead
By Ilaria Grasso Macola Transport for London (TfL) has called on the union RMT to cancel the Tube strike on 19 August as walking out will only increase the public body’s financial risks. “I need to be really clear with you, that taking further industri…
Editorial: Time to knock heads together until planes can fly at full capacity
By Sascha O’Sullivan In 2020 we ran out of toilet paper and pasta. In 2021, it was semiconductor chips and migrants to pick our fruit. Now, in 2022, we’ve run out of short haul British Airways flights. The national carrier won’t sell any new tickets fr…
FCA rules could strip people of the choice to take a risk
By Elena Siniscalco Since the early 2000s, the Financial Conduct Authority has been pushing hard on its “treating customers fairly” agenda. The principles behind the new consumer duty, telling retail firms to give customers a “good outcome”, are not en…
London’s FTSE 100 tips into red despite BP and Shell’s best efforts
By Jack Barnett Historic profits at oil giant BP nearly pushed London’s FTSE 100 into positive territory today. The capital’s premier index edged 0.06 per cent lower to 7,409.11 points, while the domestically-focused mid-cap FTSE 250 index, which is mo…