London firm offers £60k salary for AI intern
London-based quantitative trading firm XTX Markets is offering a staggering £60,000 pro-rata salary for a summer AI intern, a move that signals an intensifying war for tech talent in the City.
Category : Markets
UK Economy Flatlines with 0.0% GDP Growth in April
New ONS data reveals the UK economy showed zero growth in April 2024, a significant slowdown from the 0.4% expansion in March. The services sector stalled while production fell, putting pressure on the next government.
Trump's Wall Street Remarks Spark Fears of Market Instability
Former US President Donald Trump's suggestion of imposing tariffs on all imports sent shockwaves through Wall Street, raising alarms among investors and analysts about potential market turmoil and a new era of global trade wars.
Mystery UK Winner Claims £80M Powerball Jackpot
An anonymous British ticket-holder has become an overnight multi-millionaire after winning the entire £80 million Powerball jackpot, sparking a nationwide search for the lucky winner.
Trump Allies Draft Plan to Curb Federal Reserve Independence
A radical proposal from Donald Trump's allies seeks to strip the Federal Reserve of its independence, allowing the White House to demote Chair Jerome Powell and influence interest rates, a move that could shake global markets.
Reeves slams Trump's 'dangerous' economic policies
UK Shadow Chancellor issues stark warning against adopting Trump-style economics, vowing to prioritise stability as she prepares for potential Labour government.
Washington State wins $1.3 billion Powerball jackpot
A single ticket sold in Washington State has won the colossal $1.3 billion Powerball jackpot, ending a 40-draw streak without a top prize winner. The lucky numbers for the fourth-largest lottery prize in US history have finally been revealed.
FTSE 100 Soars as Rolls-Royce and Ocado Lead Rally
The FTSE 100 surged on Wednesday, propelled by strong performances from Rolls-Royce and Ocado. Discover the key drivers behind the rally and what it means for investors.
Rare misprinted 20p coin could be worth £200
A rare 20p coin featuring a unique and subtle misprint from the Royal Mint is now highly sought after by collectors, with some versions selling for nearly £200 online. Discover how to spot this valuable error in your pocket change.
Trump's White House Plan: Musk, Gates, Pichai Summit
Exclusive: Donald Trump is reportedly planning to host a forum with Silicon Valley's most powerful CEOs, including Elon Musk, at the White House if he wins the November election, signalling a pro-business shift.
Why Britain must stop fearing imaginary bond vigilantes
The Guardian argues that the UK is paralysed by a mythical fear of 'bond vigilantes', preventing vital investment in public services and infrastructure. It's time to abandon outdated economic dogma.
The Death of the Wallet: Britain's Cashless Revolution
Exclusive report on how contactless payments, digital IDs, and smartphone technology are making physical wallets obsolete for millions across the UK.
Reeves Accused of Short-Termism Over Bond Market Reaction
Chancellor Rachel Reeves faces a political storm as she appears to abandon key fiscal rules in response to volatile bond markets, sparking accusations of short-termism and a betrayal of Labour's core principles.
BOE Governor: Trump Threat to Federal Reserve Independence
Bank of England Governor Andrew Bailey expresses grave concerns about Donald Trump's potential influence on the US Federal Reserve's independence, warning of significant global economic implications.
Trump Business Empire Hit by Severe PMI Crash
A closely watched survey reveals a dramatic downturn in the business health of companies linked to Donald Trump, with a key performance metric collapsing to its lowest level in months, signalling severe financial distress.
Streeting Secures UK-Japan Economic Pact on Tokyo Mission
In a major post-election move, Chancellor Wes Streeting secures a landmark partnership with Japan's government and financial leaders in Tokyo, signalling a new era of UK economic diplomacy and investment.
UK Financial Crisis: Reeves Faces Soaring Borrowing Costs
Chancellor Rachel Reeves confronts a mounting financial crisis as UK borrowing costs hit Budget-day highs, sparking fears of a mortgage meltdown and economic instability.
London Trading in Swiss Shares Soars After New UK Deal
In a major post-Brexit shift, London becomes a key trading hub for Swiss shares like UBS, Rolex, and Richemont, with volumes soaring after a new UK-Swiss agreement.
UK's Cash Exodus: The Rapid Rise of the Cashless Society
Exclusive research reveals the UK's rapid shift towards a cashless society, uncovering the regions and demographics leading the charge and those at risk of being left behind.
Dalio: Trump Return Risks Autocracy and Market Turmoil
Bridgewater Associates founder Ray Dalio warns that a second Trump term could push America toward autocracy, creating significant economic uncertainty and market volatility that could impact global investors.
Powerball Jackpot Soars to $1.23 Billion
The US Powerball lottery jackpot reaches a staggering $1.23 billion, with the next drawing scheduled for Wednesday night. Discover the winning numbers and how international players can participate.
Gold Price Soars to Record High on Trump Tariff Fears
The price of gold has surged to a new all-time high, driven by market jitters over Donald Trump's proposed tariffs and a weakening US dollar. Discover why investors are flocking to bullion.
UK Economic Crisis as Borrowing Costs Soar to 10-Year High
Britain faces a severe economic storm as government borrowing costs hit alarming highs, sparking fears of a fiscal crisis. Chancellor Rachel Reeves confronts mounting pressure amid market turmoil and Labour's internal reshuffle.
UK Saver Wins £1 Million Premium Bonds Jackpot
A lucky Premium Bonds holder from Westminster has bagged the ultimate £1 million jackpot in NS&I's April prize draw. Discover how the Ernie lottery system creates new millionaires each month.
UK Borrowing Costs Soar, Pressuring Reeves' Budget
Chancellor Rachel Reeves faces a major economic challenge as UK government borrowing costs hit a high, threatening her Budget plans and putting public finances under intense scrutiny.
UK Gilt Yields Hit 27-Year High in Market Meltdown
UK financial markets face a severe stress test as long-term government borrowing costs surge to levels not seen since 1998. The gilt sell-off, driven by stubborn inflation data and hawkish central bank fears, triggers a flight to safety, sending gold and
Billionaire's Stark Warning: UK Tax Crisis Looms
Key Square Capital Management founder Scott Bessent predicts a severe fiscal crisis for Britain, cautioning that the nation is 'playing with fire' with its current tax policies. Exclusive insights from the finance heavyweight.
UBS Moves Key Operations from London to EU Hubs
Swiss banking giant UBS is moving core operations from London to European centres in Paris, Frankfurt, and Madrid, marking a significant strategic shift following its Credit Suisse acquisition and Brexit.
Revolut valuation hits £75bn, staff set for huge payout
British fintech giant Revolut secures a staggering £75 billion valuation in its latest funding round, setting the stage for a multi-million pound windfall for its 10,000+ employees through a new share scheme.
Powerball Jackpot Soars to £1.1 Billion - Fifth Largest Ever
The American Powerball jackpot has skyrocketed to a staggering $1.4 billion (£1.1bn), becoming the fifth-largest prize in the game's history. The drawing on Wednesday night failed to produce a winner, sparking a cross-Atlantic ticket-buying frenzy. Discov
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