Market news

Bank of England chief Andrew Bailey has issued a warning on cryptocurrencies saying they have 'no intrinsic value'. The governor likened purchasers of crypto assets to hoarders of curios - saying 'p… [+2443 chars]
CC will likely have 10k increments between PQE as they and the other MC currently have, and as FBD do now. Not sure people understand tax. Between 100-125k you lose personal allowance, and are taxed… [+1986 chars]
Passengers were left "stranded" at Belfast International Airport for a second day on Monday after their flight to Spain was cancelled due to technical issues. The group was due to fly out of Northe… [+4827 chars]
The Swedish buy now, pay later company Klarna is about to lay off 10% of its workforce, according to the CEO and cofounder Sebastian Siemiatkowski. LinkedIn shows that the company has over 6,500 empl… [+2115 chars]
Washington DCs attorney general has sued Mark Zuckerberg, seeking to hold the Facebook co-founder personally responsible for his alleged role in allowing the political consultancy Cambridge Analytica… [+2777 chars]
A Ryanair steward has been arrested and sacked after "downing booze" on a flight. The flight attendant Sam Thompson was filmed in viral snaps downing whiskey while on a flight. A passenger told Th… [+1443 chars]
Energy companies could face a windfall tax if they do not reinvest their bumper profits, a government minister has said as he acknowledged the "extraordinary pressures on family finances". Simon Cla… [+3807 chars]
HSBC has suspended its asset management arms global head of responsible investing following comments he made about climate change at a London conference last week  remarks that have drawn criticism f… [+335 chars]
An aircraft bound for Glasgow was forced to declare a mid-air emergency last night. The British Airways flight travelling from London to the city issued a 7700 alert during its journey. A 7700 S… [+1542 chars]
Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion Monday at the World Economic Forum in Davos, Switzerland. Garlinghouse, who also occupies a role a… [+1260 chars]
B&Q owner Kingfisher has said it is managing inflationary pressures amid resilient demand for DIY despite the cost of living crisis in the UK and other markets. The retailer, whose other UK bran… [+2494 chars]
Elon Musk has expressed support for receiving a discount on his Twitter bid equal to the percentage of users who are spam bots. The billionaire, who claims to be spending less than 5% of his time on… [+4706 chars]
Stuart Yates, 55, parked his car for two hours after complaining he had to wait for 15 minutes (Picture: SWNS) An angry driver had to be escorted from a McDonalds drive-thru by police after he block… [+2413 chars]
A restaurant people have called the "best in Liverpool" has confirmed its closing. The venue confirmed the news on social media saying it was being announced with immense sadness and said the closur… [+2132 chars]
A Shell consultant resigned Monday with a searing email accusing the oil giant of failing on a massive planetary scale to limit climate risks.  Caroline Dennett, who has been a U.K.-based safety con… [+1994 chars]
  • FTSE 100 rises 89 points
  • US stocks mostly higher but Nasdaq struggles
  • Vast Resources tops the risers in London
US stocks have opened higher although the tech-heavy Na… [+12078 chars]
Mercedes is readying an ultra-luxurious Maybach version of its new SL roadster to rival the Bentley Continental GT Convertible as part of its greater focus on its highest-margin products.  Previewed… [+1432 chars]
BoE chief Andrew Bailey issues stark warning on cryptocurrencies - Daily Mail
Daily Mail - May 23, 2022
Bank of England chief Andrew Bailey has issued a warning on cryptocurrencies saying they have 'no intrinsic value'. The governor likened purchasers of crypto assets to hoarders of curios - saying 'p…
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