Bitcoin ‘on the road to irrelevance’, says ECB November 30, 2022 The European Central Bank said Bitcoin is on the “road to irrelevance” today as it slammed the cryptocurrency as a “speculative bubble” with no productive value.
Home REIT and short seller trade barbs as share price tumbles November 30, 2022 Social housing investor Home REIT has hit back at short seller Viceroy Research today after the investor launched an attack on the quality of charity tenants in its portfolio.
Truss budget fallout will drag on growth, LendInvest warns November 30, 2022 Property fintech LendInvest has warned that the fallout of Liz Truss’s disastrous mini-budget in September will drag on growth in the second half of the year, as borrowing slows amid sharp interest rate hikes.
UK shareholders face 60 per cent ‘wealth grab’ under Labour, warns City heavyweight Lord Lee November 30, 2022 Shareholders face a 60 per cent raid on profits under Labour, City veteran and senior private investor Lord Lee of Trafford warned this morning. Capital gains tax on shares sold outside an ISA is currently charged at 10 per cent or 20 per cent depending on your income tax band. But the Liberal Democrat peer [...]
City watchdog looks to boost access to financial advice for consumers November 30, 2022 The Financial Conduct Authority has laid out measures to widen access to financial advice today to allow consumers to “invest with confidence” amidst a cost of living crunch.
Credit Suisse shares tumble to record lows as sell-off continues November 29, 2022 Shares in Credit Suisse tumbled to record lows today as investors continued to shun the firm after warnings of a $1.5bn loss last week.
Bumper numbers help paper over the woes of Wise November 29, 2022 Wise’s regulatory and reputation troubles have not hurt the bottom line, writes Charlie Conchie
FTSE-100 indexer rolls out crypto equivalent amid market turmoil November 29, 2022 The firm behind the FTSE-100 has rolled out a series of crypto indexes today as it doubles down on a push into digital assets despite extreme volatility in the market.
Crypto lender BlockFi files for bankruptcy as FTX shockwaves spread November 28, 2022 Crypto lender BlockFi has filed for bankruptcy today as the fallout of FTX’s collapse spreads across the industry.
Home REIT shares tumble after last-minute account delays November 28, 2022 Shares in social housing investor Home REIT plunged today after the firm delayed the publication of its accounts following an attack by a short seller last week.
