A recent survey by ICAEW shows a decline in UK business confidence due to tax hike fears.Business confidence index drops from 16.7 to 14.4 between the second and third quarters.29% of advisors identified the ‘tax burden’ as a critical concern for businesses.Slowing salary growth and weakened export and investment activities contribute to uncertainty.Calls for tax reforms and investments arise as the budget approaches.The recent business confidence monitor from the Institute of Chartered Accountants in England and Wales (ICAEW) highlighted a decline in confidence among UK businesses. The index decreased from 16.7 in the second quarter to 14.4 in the third…
Author: Sam Allcock
Bitcoin, the digital asset dubbed king of cryptocurrencies, is trading near the notable $63,000 mark. This milestone might herald its next significant leap in value.Amidst volatility, Bitcoin’s recent surge has sparked speculation among analysts. They ponder whether $63,000 could become a sustainable support level, potentially paving the way for further price increases. The prospect of reaching this threshold has prompted both excitement and prudence in the market.Bitcoin’s performance in recent weeks has drawn attention to the $63,000 level, seen by many as pivotal. As Bitcoin reached $62,255.65, a 2% increase over the past week, analysts are watching closely. A breach…
Burford Capital has taken a decisive step in promoting diversity within the legal field by committing an additional $150m (£115m) towards cases led by women and ethnic minority lawyers. This initiative underscores Burford’s ongoing commitment to fostering inclusivity and addressing the imbalance in legal representation.This latest funding brings the total allocated to Burford’s Equity Project to over $300m. Since the project’s inception in 2018, almost $170m has been committed to 19 cases. The cases funded by this initiative have been strategically chosen, with all 19 representing large, complex litigation and arbitration matters.Of the cases supported, 14 were led by female…
In a significant ruling, a barrister has been disbarred for falsely claiming to have practised from a prestigious London set, despite never completing pupillage.Yasser Mahmood, who was called to the Bar in 2010 but remains unregistered, has been formally disbarred following revelations that he misrepresented his professional history on his CV. This decision highlights ongoing discussions about when barristers should be officially called to the Bar, suggesting a potential shift in regulations.In 2021, Mahmood applied for a position as an external examiner at Arden University. His CV misleadingly stated that he had been employed as an employment barrister at Tooks…
Solana’s future performance could eclipse both Ethereum and Bitcoin by 2025, according to new forecasts by Standard Chartered. This prediction hinges on the political landscape of the upcoming U.S. election. The financial sector is abuzz with these projections, revealing a complex interplay between politics and cryptocurrency valuation.In a surprising turn of events, Solana (SOL) has been marked as a top performer in the cryptocurrency world, boasting over a 500% rise in the past year. Analysts predict even greater growth, contingent on Donald Trump’s potential reelection, suggesting that his policies may favour digital asset expansion.The U.S. Election’s Role in Shaping Solana’s…
MicroStrategy’s aggressive Bitcoin acquisition strategy is pushing its stock price close to a new all-time high. As Bitcoin experiences a surge, MicroStrategy’s strategic investments in the cryptocurrency are proving to be a game-changer for its stock value.Michael Saylor, CEO of MicroStrategy, is a renowned advocate for Bitcoin. His belief in the potential of the leading cryptocurrency goes beyond just words. MicroStrategy’s ambitious acquisition strategy is now paying dividends as its stock value climbs towards an all-time high. This surge is largely due to its extensive accumulation of Bitcoin, which has significantly boosted the company’s market performance.The correlation between Bitcoin’s performance…
Ethereum’s recent staking figures reveal an impressive growth, cementing its position in the crypto landscape. As of now, a substantial 28.9% of Ethereum’s total supply has been staked, indicating strong investor confidence.This rise in staking is not merely a number on the blockchain; it signals a long-term commitment from stakeholders. Over 15% of the total staked Ethereum has been locked for more than three years, showcasing a belief in the asset’s future potential, even amidst market fluctuations.Understanding Ethereum StakingStaking Ethereum involves locking your ETH into the network to support operations like transaction validation, securing the network, and earning rewards. This…
Pepe Coin has carved a niche in the cryptocurrency landscape. As October 2024 progresses, questions about its potential for growth abound.Despite recent setbacks, there’s a prevailing sense of bullish optimism for PEPE. Investors remain intrigued by its future trajectory amidst market fluctuations.Current Market StatusAt the moment, Pepe Coin is priced at $0.000009716, marking a decline of 6.19% within the last 24 hours. This dip comes as a surprise since the coin had been on a promising upward path. Market watchers suggested that if the upward trend continued, prices could reach $0.000012.Surpassing the $0.000015 mark could trigger a notable surge. Profits…
The economic strategies proposed by Donald Trump and Kamala Harris have sparked significant debate.A report from the Committee for a Responsible Federal Budget reveals the substantial impact these plans could have on the US national debt.Both Donald Trump and Kamala Harris have unveiled ambitious economic plans aimed at revitalizing the American economy. These promises, however, carry significant fiscal implications. According to the Committee for a Responsible Federal Budget (CRFB), the implementation of these plans could add trillions to the national debt. Trump’s proposed initiatives alone might contribute an additional $7.5 trillion over the next decade. Harris’ proposals could add a…
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