21 h. ago Trump's crypto empire set to expand with new stablecoin and investment fund offerings

President Donald Trump’s crypto empire is expanding with the recent announcements of a new dollar-backed stablecoin and investment funds for digital assets

Politics

33 h. ago How to create an Isa portfolio from scratch: Six steps to start a successful investment fund

If you are saving in cash for something you aren't going to buy or start spending on in the next five years, you should consider investing. Here's how to start...

Economics

6 d. ago Quarter of Covent Garden sold to Norway's wealth fund for £570 million

Deal gives Scandinavian sovereign wealth fund even bigger West End presence after investments in Regent Street and Savile Row

Economics

6 d. ago Next UK interest rate cut may not come until August after hawkish Bank of England hold – as it happened

Monetary Policy Committee votes 8-1 to leave UK interest rates unchanged at 4.5%Bank of England says companies freezing hiring plans as it keeps interest rates on holdIn the property world, Norway’s sovereign wealth fund is buying a quarter of Covent Garden.The Norges Bank Investment Management has entered a partnership with landlord Shaftesbury, and will pay £570m for a 25% stake in the Covent Garden estate.This investment underscores our belief in the strength of London with the portfolio complementing our other high quality West End investments.Covent Garden is one of the world’s most recognised retail, leisure and cultural destinations and we look forward to supporting Shaftesbury Capital’s management team, with their strong track record of delivering the growth potential of this prime West End estate.”“The reforms I have announced will ensure everyone who can work gets the active support they need, including through an extra £1 billion for personalised health, skills and employ...

Politics

6 d. ago Next UK interest rate cut may not come until August after hawkish Bank of England hold – business live

Monetary Policy Committee votes 8-1 to leave UK interest rates unchanged at 4.5%Bank of England says companies freezing hiring plans as it keeps interest rates on holdIn the property world, Norway’s sovereign wealth fund is buying a quarter of Covent Garden.The Norges Bank Investment Management has entered a partnership with landlord Shaftesbury, and will pay £570m for a 25% stake in the Covent Garden estate.This investment underscores our belief in the strength of London with the portfolio complementing our other high quality West End investments.Covent Garden is one of the world’s most recognised retail, leisure and cultural destinations and we look forward to supporting Shaftesbury Capital’s management team, with their strong track record of delivering the growth potential of this prime West End estate.”“The reforms I have announced will ensure everyone who can work gets the active support they need, including through an extra £1 billion for personalised health, skills and employ...

Economics

6 d. ago Bank of England leaves interest rates on hold despite ‘intensifying’ trade war uncertainty – business live

Monetary Policy Committee votes 8-1 to leave UK interest rates unchanged at 4.5%In the property world, Norway’s sovereign wealth fund is buying a quarter of Covent Garden.The Norges Bank Investment Management has entered a partnership with landlord Shaftesbury, and will pay £570m for a 25% stake in the Covent Garden estate.This investment underscores our belief in the strength of London with the portfolio complementing our other high quality West End investments.Covent Garden is one of the world’s most recognised retail, leisure and cultural destinations and we look forward to supporting Shaftesbury Capital’s management team, with their strong track record of delivering the growth potential of this prime West End estate.”“The reforms I have announced will ensure everyone who can work gets the active support they need, including through an extra £1 billion for personalised health, skills and employment support for sick and disabled people.“We’ve already put in place measures to make ...

Economics

6 d. ago Bank of England expected to leave interest rates on hold today; global debt exceeds $100tn – business live

Monetary Policy Committee set to announce interest rate decision at noonIn the property world, Norway’s sovereign wealth fund is buying a quarter of Covent Garden.The Norges Bank Investment Management has entered a partnership with landlord Shaftesbury, and will pay £570m for a 25% stake in the Covent Garden estate.This investment underscores our belief in the strength of London with the portfolio complementing our other high quality West End investments.Covent Garden is one of the world’s most recognised retail, leisure and cultural destinations and we look forward to supporting Shaftesbury Capital’s management team, with their strong track record of delivering the growth potential of this prime West End estate.”“The reforms I have announced will ensure everyone who can work gets the active support they need, including through an extra £1 billion for personalised health, skills and employment support for sick and disabled people.“We’ve already put in place measures to make work pay...

Economics

6 d. ago World's largest sovereign wealth fund invests $740 million in London's Covent Garden

World's largest sovereign wealth fund invests $740 million in London's Covent Garden  CNBC

Economics

6 d. ago Shaftesbury sells 25% stake in Covent Garden estate to Norwegians for £570 million

Deal gives Scandinavian sovereign wealth fund even bigger West End presence after investments in Regent Street and Savile Row

Economics

7 d. ago Falkirk Council urged to invest pension fund in football rather than arms firms

Members have been getting a "significant volume" of letters demanding that pensions are not invested in arms or fossil fuels.

Economics

8 d. ago Germany's likely next leader seeks approval for huge defense and infrastructure package

Germany’s would-be next chancellor Friedrich Merz is asking lawmakers to allow the country to put “whatever it takes” into defense and to authorize an enormous fund for investment in its creaking infrastructure

Politics

1 week ago Trump family has held deal talks with Binance as crypto exchange’s founder pushes for a pardon, says report

White House has looked to ally with crypto sector with president and first lady both launching crypto projects before inauguration

Politics

1 week ago Merz presses Greens to name their terms for German defence spending rise

‘What more do you want from us?’ asks chancellor-in-waiting as he seeks urgent support for fiscal rule changesGermany’s chancellor-in-waiting has tried to win over the Greens to his ambitious but controversial plans to raise the country’s defence spending, promising to expand the scope of the plans and demanding of them: “What more do you actually want from us?”The outgoing parliament met on Thursday to debate the creation of a €500bn (£420bn) fund for infrastructure investment and radical changes in Germany’s borrowing limits in order to boost defence spending. Continue reading...

Politics

1 week ago Trump turns on Rupert Murdoch for 'polluted thinking' after WSJ bombshell on his family's business

President Donald Trump attacked the Wall Street Journal as a 'globalist' paper that was 'owned by the polluted thinking' of the EU. The paper ran a bombshell over a Trump crypto business play.

Politics

1 week ago Merz makes offer to Greens as he seeks to increase German defence spending

Chancellor-in-waiting attempting to garner support for fiscal rule changes before new parliament convenesGermany’s would-be chancellor has attempted to win the support of the Greens for his proposed fiscal rule changes, offering to expand the scope of defence spending and demanding to know: “What more do you want from us?” The outgoing parliament is meeting to debate the creation of a €500bn (£420bn) fund for infrastructure investment and radical changes in Germany’s borrowing limits in order to boost defence spending. Continue reading...

Politics

1 week ago German parliament to debate radical borrowing rule changes to boost defence

Election winner Friedrich Merz also trying to seal €500bn fund to revive economy before new parliament convenesGermany’s outgoing parliament is meeting on Thursday to debate the creation of a €500bn (£420bn) fund for infrastructure investment and radical changes in the country’s borrowing limits in order to boost defence spending.Friedrich Merz, whose conservatives won last month’s election and who is on the verge of becoming the new chancellor, wants to seal the funding deal before the new parliament convenes in less than two weeks. An expanded group of far-right and far-left MPs could oppose it in the new Bundestag, a so-called “blocking minority” Merz is keen to avoid. Continue reading...

Politics

2 w. ago Germany's prospective new government struggles to win support for defense, infrastructure plans

Germany’s Greens say they won't support the prospective next government’s plans to loosen debt rules for defense spending and draw up a huge infrastructure investment fund

Politics

2 w. ago Golf’s peace deal is no closer – is it time for PGA Tour to end talks with LIV?

With PGA Tour’s marquee event approaching and Trump’s intervention seemingly unsuccessful, the sport is at crossroadsAn opening address from Jay Monahan at the Arnold Palmer Invitational here involved almost 1,500 words. A mere 108 of them referred to the Saudi Arabian elephant in the room. Or more specifically, the status of unification talks between the PGA Tour, which Monahan leads, and the Saudi‑fronted LIV circuit.Monahan was very keen to speak about innovation, about corporate partners, about fan engagement. Fluff. A blunt reality is that any excitement created by the announcement of a framework agreement between the PGA Tour and Saudi Arabia’s Public Investment Fund has long since dissipated. No wonder: that shock press release landed on 6 June 2023. Continue reading...

Economics

2 w. ago Trump golf course vandalized over his Gaza ‘ethnic cleansing’ threat: Live

Turnberry, president’s Scottish golf resort in Ayrshire, was covered in red spray paint and slogans, with prized greens dug up

Politics

2 w. ago Trump tells crypto leaders at White House summit he's committed to helping their industry

President Donald Trump said Friday that he’s committed to making the U.S. a world leader in cryptocurrencies as industry leaders heaped praise on him for reversing what they said had been unfair attacks on digital assets by the previous administration

Politics