Stablecoins are not the future of payments, says New York Fed Bank February 8, 2022 The Federal Reserve Bank of New York has poured cold water on claims that stablecoins could form the basis of a future digital payments system.
Cost of living crunch bites Brits’ optimism February 8, 2022 Fears over a sharp erosion in living standards driven by the cost of living crunch is weighing on Brits’ confidence levels, reveals a fresh survey published today. Consumer confidence in the UK dipped to its lowest level in 11 months last month, according to research by Bank of America. Concerns over inflation hitting household budgets [...]
EU mulls metaverse regulation as businesses jump into virtual reality February 8, 2022 As key players in fashion, tech and finance develop virtual reality metaverses EU authorities are considering new rules to protect consumers.
Global Britain: £500bn Brexit boost and 5m jobs via supercharge of UK exports and new trade ties February 8, 2022 Supercharging UK exports may result in a £500bn Brexit boost and could create up to 5m new jobs, according to a group of business leaders. The Global Britain Commission, which was set up by former trade minister Liam Fox, has set out detail for a blueprint for Global Britain in a post-Brexit world. If Britain [...]
KPMG Canada adds Bitcoin and Ethereum to balance sheet February 8, 2022 KPMG's Canadian arm has added Bitcoin and Ethereum to its corporate treasury, marking the accounting giant's first direct investment in crypto.
Take off: Tui revenue jumps 400 per cent as travel restrictions ease February 8, 2022 In a sign the travel industry is making a post-pandemic comeback Tui revenues have climbed by 406 per cent in the first quarter of 2022.
Arm scrambles for new CEO as $40bn mega deal with Nvidia collapses February 8, 2022 British chip maker Arm has rushed to appoint a new chief executive after its $40bn sale to Nvidia collapsed amid opposition from regulators.
B.P Marsh boosts dividend nearly 14 per cent after strong sales February 8, 2022 Niche venture capital provider B.P Marsh has increased its dividend 13.9 per cent after offloading assets above previous value expectations
Profit jumps 96 per cent for Mattioli Woods amid string of acquisitions February 8, 2022 Wealth management firm Mattioli Woods saw interim profits climb by 96 per cent in a sign that a string of takeover deals are paying off.
Bellway revenue climbs to £1.78bn amid record numbers of new homes February 8, 2022 Housebuilder Bellway is on track for revenue of £1.78bn in the first half of the year driven by a record number of home completions.
