Record Number Of Homeless Children In UK Reaches All Time High At Over 140,000
Research shows that a record number of children have been forced into temporary accommodation this winter, including shipping containers and shared rooms.
China's Xi Hails 'Resilient' Economy In Bullish New Year Speech
President Xi Jinping said Sunday the Chinese economy had grown "more resilient and dynamic" in 2023, despite financial figures continuing to disappoint as the post-Covid recovery stalls.
Comeback King Elon Musk's Turbulent Year Still Ends With $100 Billion (£78 Billion) Profit
With 2024 around the corner, Elon Musk has cemented his position as the world's richest man.
FC Barcelona Could Be Banned From Champions League For Three Years Over FFP Violations
The club is at odds with UEFA over alleged violations of financial fair play regulations.
British Billionaire Ratcliffe Agrees Deal To Buy 25 Percent Of Man Utd
British billionaire Jim Ratcliffe has agreed a deal to buy a 25 percent stake in Manchester United for about $1.3 billion, vowing to return the Premier League club to the "top of world football".
Energy Bills Predicted To Fall To £1,660 From April, A New Forecast Suggests
Consultancy firm Cornwall Insight says bills could drop by £268 a 16 per cent decrease – in line with the official price cap set by the UK's energy regulator Ofgem.
Ofgem Proposes Energy Price Cap Adjustment to Tackle £3 Billion Debt Crisis
The proposed measure involves a one-time adjustment of £16, spread across the period from April 2024 to March 2025.
Here are the Top Five Crypto Exchanges in the Market Today
There's no denying that the digital asset sector has witnessed a substantial uptrend over the course of 2023.
The Path Ahead: Unraveling the Dynamics of Emerging Market Currencies in 2024
The decline in the Eurozone area economies, notably Germany, that are in or near entering recession would, alongside high oil prices, suggest Euro weakness going forward.
Bank of England's Financial Stability Report Highlights Resilience Amid Rising Interest Rates
The Bank of England recently released its Financial Stability Report, spotlighting the resilience of UK households and businesses in the face of escalating interest rates.
US Oil Prices Slide Below $70 A Barrel; Mixed Day For Global Stocks
US oil prices finished below $70 a barrel for the first time since July on Wednesday on a mixed day for global equities, as traders pondered hopes for interest rate cuts from the European Central Bank and the US Federal Reserve.
Bank of England To Assess Risks AI Poses To UK Financial Stability
AI and machine learning have been used across the financial sector for at least a decade, such as to help detect fraud and money laundering.
Global Stocks Mixed As US Crude Prices Slips To Five-month Low
Global stocks were mixed Tuesday as investors digested data suggesting a slowing US labor market, while US crude prices sank to a five-month low amid lingering concerns about demand.
Gold Hits Record High As Equities Weaken
Gold hit a record high on Monday as growing optimism that the Federal Reserve will cut US interest rates in the new year has dented the dollar in recent weeks.
UK Government To Intervene In the Telegraph Takeover Deal As Tories Worry About the Newspaper's Operations
Several Tory MPs have urged the UK government to intervene in the Telegraph takeover deal by UAE-backed investment fund, resulting in the Media Secretary writing a hard-hitting letter to the involved parties.
The Economy, Stupid? UK PM Sunak's 'Only' Chance Of Re-election
UK leader Rishi Sunak's hopes of turning around his beleaguered Conservative party's fortunes before a likely general election next year hinge on a British economic recovery, observers say.
MPs Push For School Curriculum To Include Compulsory Financial Education
MPs have launched an inquiry that sets out to teach all students – aged 11 to 16 – about money management amid the cost of living crisis.
Argentina Needs Reform, But Milei's Anarcho-Capitalism Would Spell Disaster
Massa may have won the first round by a healthy 6% to the surprise of pollsters, but much of the remaining conservative base.
WeWork Bankruptcy a Warning to Others – What Can Be Learned
The loose culture that characterised WeWork should have served as an ominous warning sign but the board clearly missed or ignored it.
HSBC Expresses Concerns About UK's Economic Outlook Despite a 240% Rise in Profits
HSBC, headquartered in London but primarily focused on the Asian market, announced pre-tax profits of $7.7 billion (£6.4 billion) for the third quarter spanning from July to September.
Ofwat Raises Alarm Over Financial Health of Key Water Companies in South East England
The water regulator responsible for overseeing the water supply in England and Wales has issued a warning regarding the financial stability of companies that serve more than 20 million customers in the southeast of England.
Strategize Against Your FOMO
If you were a calf and saw your entire herd stampeding off into the distance, you'd likely feel you should join in too.
Biden Urges US To Lead World Against Hamas, Putin Threats
President Joe Biden made an impassioned call for the United States to show global leadership by backing Israel and Ukraine, saying in a speech from the Oval Office Thursday that defeating Hamas and Russia was a vital US interest.
Bulgaria Must Double Down on Rule-of-Law Reforms Before Eurozone Entry
Influenced by Russian propaganda, Bulgaria's pro-Kremlin parties are amplifying anti-euro disinformation. However, the country's ongoing rule of law problems render it unfit for immediate euro adoption.
Investors Wary After FTX Debacle as People Lose Trust in Companies Managing Their Money
To prevent financial scandals and bolster investor confidence, regulators must continuously update and refine regulations to match evolving financial markets.
Best Crypto Copy Trading Platforms in 2024
Discover the top FCA-regulated copy trading software for replicating successful trading strategies
Adobe Expects Online Holiday Sales To Hit $221 Billion This Holiday Season
Despite a challenging economic environment, Adobe expects record discounts and flexible payments to drive an approximate five per cent growth in eCommerce.
Metro Bank Reassures Investors After Its Share Price Plummets Amidst Shoring Up Their Finances
On Thursday, Metro Bank issued a statement to reassure investors after the short suspension of their shares due to volatility amidst suffering a hefty 25 per cent fall.
Warnings Of China's Collapse Are Premature As The Nation Still Has One Of The Largest Economies
A total collapse of China in the near term, even with many Western firms reducing their exposure to China's economy, would collapse the global economy, some experts believe.
Bill Ackman Says He'd Invest In X Through His SPARC Structure
Bill Ackman claims Elon Musk could go toward lowering X's crushing debt load if Pershing Square were to invest in the company.