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Crypto rises: Bitcoin soars as Donald Trump returns to the White House

  • January 19, 2025
Bitcoin hit record highs on Monday, as President-elect Donald Trump, and soon-to-be First Lady-again Melania Trump launched their meme coins, days ahead of the inauguration. The cryptocurrency leader reached above $108,000(£88,668) for the first time ever on Monday morning, ahead of Trump’s official return to office. Susannah Streeter, head of money and markets at Hargreaves [...]
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How City of London investors are bracing for Donald Trump 2.0

  • January 19, 2025
City investors are bracing for four more years of unpredictability on the global markets as Donald Trump returns to the White House as president. After banging the drum for punitive trade tariffs and US protectionism in recent months, Trump’s second term is expected to inflict more turmoil on global markets than outgoing president Joe Biden. [...]
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Contactless train ticketing finally coming to London Stansted Airport

  • January 19, 2025
The government has outlined its plans to roll-out contactless ticketing at nearly a hundred UK train stations in 2025, including London Stansted Airport, with a start date less than a fortnight away The Department for Transport (DfT) said on Monday some 47 stations across the South East would be able to use tap-in and tap-out [...]
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FCA chair: Our growth push will test UK’s risk appetite

  • January 19, 2025
The Financial Conduct Authority’s (FCA) push to slash red tape and unleash growth in the City will test the UK’s appetite for risk, its chair has warned, accepting that two of its new proposals could open the door to more fraud and mortgage defaults. Writing in City AM today, Ashley Alder said the FCA will [...]
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Rolls-Royce worth £50bn again after FTSE 100 surge

  • January 19, 2025
Rolls-Royce has returned to a market capitalisation of more than £50bn after its shares rallied. The Derby-headquartered FTSE 100 giant passed the milestone for the first time at the start of December 2024 before its share price fell back. However, Rolls-Royce has surpassed the £50bn barrier once again after a jump in its share price [...]
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Eurostar: Calls grow for Kent reopening as passenger costs surge

  • January 19, 2025
Pressure is mounting on Eurostar to reinstate services from two stations in Kent as passengers from the county face a surge in costs and journey times to Brussels, according to a new report. Transport research group Enroute and the grassroots campaign “Bring Back Euro Trains” said on Monday that suspending international rail services from Ashford [...]
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Sale Sharks owner sells £1bn empire to Asda backer TDR Capital

  • January 19, 2025
Simon Orange, the self-made millionaire who co-owns Premiership rugby club Sale Sharks, has sold his business empire to Asda backer TDR Capital in a deal worth more than £1bn. CorpAcq, which is based in Cheshire, counts more than 40 businesses as part of its portfolio including the likes of Cotton Traders. CorpAcq does not included [...]
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Profit hike for owner of Gary Neville’s The Overlap

  • January 19, 2025
Growth in the US helped fuel a surge in both sales and profit at Miroma, the group which previously weighed up a shock £1bn takeover of Channel 4 and the owner of Gary Neville’s The Overlap series. The marketing agency, which also owns a majority stake in Gary Neville’s production company, Buzz 16, has reported [...]
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Reach: Daily Mirror and Express publisher hikes guidance

  • January 19, 2025
Reach, the publisher of the Daily Mirror and Daily Express, has hiked its annual profit guidance despite a long-running battle with falling print revenue. The London-listed firm said it expected to deliver results ahead of current market expectations following “strong” fourth quarter trading. Analysts have estimated full-year profit will fall in the region of £97.8m [...]
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