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The Bitcoin bubble may have burst for good this time Read this exclusive extract from our City Intelligence newsletter and sign up at the bottom of the article to get it every weekday lunchtime 19 May 2021 • 2:54pm If you’ve been to central London recently - a big “if” admittedly judging by my commute - you can’t help but notice the blizzard of Bitcoin-related marketing on public transport. One advert even pokes fun at the phenomenon: “If you’re seeing Bitcoin on the side of a bus, it’s time to buy”. It’s a clever line and no doubt there are plenty of people that have fall...

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Saving London will take more than turning empty offices into flats Read this exclusive extract from our City Intelligence newsletter and sign up at the bottom of the article to get it every weekday lunchtime 27 April 2021 • 7:24pm It will be one of the biggest post-Covid challenges facing the government: how to revive town centres hollowed out by the stampede to work from home.  Ministers are desperate for us to return to the workplace. It would help the public transport system get back on its feet, including the bankrupt London Underground, and it would be a lifeline for local businesses ...

Ludicrous Abrdn rebrand exposes SNP's fragile ideas Read this exclusive extract from our City Intelligence newsletter and sign up at the bottom of the article to get it every weekday lunchtime 26 April 2021 • 4:59pm It’s a vintage time for corporate name changes. Volkswagen gave us Voltswagen, a nod to an electrical future, briefly anyway. The April Fool’s prank backfired, not least because the wags in the marketing department forgot that an essential element of an April Fool’s joke is that it coincides with April Fool’s Day, otherwise the joke is on you.  Last year Royal Bank of S...

UK close to Australian trade deal Louise Moon, Simon Foy Government borrowing hit £303.1bn in year ending March Retail sales jumped 5.4pc compared with February FTSE 100 falls flat, stays shy of 7,000 US market edge higher after a rise in factory activity 05:03 PM Sterling has a strong day Sterling has had a strong day today, rebounding from a sharp fall on Thursday after strong retail sales and PMI figures were a positive sign for Britain's economic recovery. It rose 0.07pc against the US dollar to $1.384, as the weak greenback continued a disappointing week ahead of the F...