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Euro News
Terra Luna stablecoin collapse explained: Is this the 2008 financial crash moment of cryptocurrency?
Business
Sky News
Bitcoin hits lowest value for almost two years amid huge crypto sell-off
Cryptocurrency values are taking a further pounding amid a resumption in a wider flight from risk over growing fears of an inflation-driven global recession.A meltdown in the value of a so-called stablecoin, TerraUSD, was widely blamed for stoking a sell-off in crypto assets that saw Bitcoin hit a 20-month low at one stage on Thursday. …
Business
Sky News
No coup for royal palaces as ministers restart search for next chair
The hunt for the next chair of historic British sites including the Tower of London is being scrapped and restarted – the latest in a string of failed appointment processes for major public roles.Sky News has learnt that officials at the Department for Digital, Culture, Media and Sport (DCMS) have been told to go back …
Business
Business Live
County Durham’s Premier Tech swoops for Surrey business Envirowise
County Durham sustainable tech firm Premier Tech is set to grow its client base after snapping up a Surrey business in an undisclosed deal. Premier Tech, which has the head office for its water and environment division in Peterlee, has acquired Envirowise in Camberley, which specialises in servicing and maintaining residential and commercial wastewater treatment …
Business
Business Live
Wales to get at least one freeport as Welsh and UK governments confirm deal
Wales will get at least one freeport after confirmation of an agreement between the Welsh and UK governments. It comes after the UK Government, having originally offered £8m, has now agreed non-repayable finance of at least £26m to support freeports in Wales. The funding is in line with the backing for eight agreed freeports in …
Business
Evening Standard
GDP: UK economy shrank 0.1% in March
The economy went into reverse in March for the first time since the end of last year as hard-stretched consumers began reining in their spending.The Office for National Statistics (ONS) said gross domestic product (GDP) rose by 0.8 per cent between January and March, down from growth of 1.3 per cent in the previous three …
Business
Business Live
‘Liberals’ are showing their true intolerant nature after the furore over Elon Musk’s takeover of Twitter
Has there ever been a takeover that’s caused more furore than Elon Musk’s bid for Twitter? For anyone who might have been living under a rock, billionaire Musk has reached a $44bn deal to buy the social network with more than 200 million users, and not everyone is taking kindly to it. While many, predominantly …
Business
Business Live
LiveWest and Homes England agree deal to build thousands of homes across South West
Thousands of affordable homes are to be built in the West of England following a deal between housing association LiveWest and government agency Homes England. The partnership will see some 3,800 properties built across the region by 2028. The Government has committed £5.2bn in affordable housing grants through its Affordable Homes Programme 2021-26, announcing 31 …
Business
Business Live
Urban Splash joint venture enters administration with 160 people made redundant
A total of 160 jobs have been lost after a modular housing joint venture between Urban Splash and a Japan-based giant entered administration. The US House Group is a joint venture between the Manchester-headquartered property company, Sekisui House UK – a subsidiary of the Japan-based Sekisui – and Homes England who own the remaining 4% …
Business
Sky News
Sunak was already under pressure from cost of living crisis – the GDP figures might force him to act
Be in no doubt, today’s GDP figures are bad news indeed.Bad news as they show the economy is shrinking sooner than expected, down 0.1% in March. But bad news too, in terms of what it heralds for the rest of the year. All the signs and predictions were already that the worst is set to …
Business
Sky News
Apple toppled as world’s most valuable company
Saudi Aramco has overtaken Apple as the world’s most valuable company.The change in fortunes was prompted by rising oil prices pushing shares in the Saudi oil giant higher, while a tech stock sell-off hurt the iPhone maker. Aramco’s market valuation was just under $2.43trn (£1.99trn) on Wednesday, according to FactSet, which converted its market cap …
Business
Evening Standard
“Build like fury” – BT boss pledge on faster internet speeds
BT boss Philip Jansen today hailed the telecom giant’s roll out of top speed internet, saying the Openreach arm “continues to build like fury”, now reaching 7.2 million premises.Jansen wants to ratchet up the speed at which so-called FTTP – ultra fast Fibre To The Premises broadband – is rolled out, from 3 million to …

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