Bank of England increasingly nervous that a crypto time-bomb is ticking
Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown
‘’Regulators have been tip-toeing round the crypto world, shouting out occasional warnings to the crowds of speculators, but we now have the firmest indication yet that they will soon be stepping in to break up the block party.The Deputy Governor of the Bank of England Sir Jon Cunliffe clearly believes the speculation has reached...
Bang crash wallop of economic trouble means Bank of England will continue to play a waiting game on interest rates
Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown
‘’There has been a bang crash wallop of troubling economic signs this week, which may keep tensions high round the table at Bank of England’s monetary policy committee today. Members know full well that the economy needs to be weaned off the drug of cheap money, not least to give them...
Kim Kardashian and crypto risks – fresh warnings from the UK financial watchdog
The Financial Conduct Authority has published the speech made by Charles Randell, Chair of the FCA on the risks of token regulation.
The risks of token regulation | FCA
Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown
‘’It’s unusual to hear the chair of Britain’s financial watchdog dedicate a big chunk of his speech to superstar realty TV queen Kim Kardashian – but it shows just how...
Break in the clouds for Frasers Group sees Mike Ashley stepping down as CEO
Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown
‘’A little more confidence has been infused into Frasers Group with the latest sales figures a boost after the long days of lockdown, but the company sees continued uncertainty ahead for retail with new variants causing concern.
Although the damaging effect of the crisis is plain to see, with full year pre-tax profit falling 94.1% to £8.5...
3 August 2021
BP splashes the cash on shareholder returns despite looming low carbon challenges
Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown
‘’BP isn’t quite throwing caution to the wind, but the company’s steady as she goes approach has been infused with optimism as higher oil prices make immediate prospects look brighter.
With profits for the quarter coming in at $3.1 billion, the company is splashing surplus cash piled up through an annual increase in the...