Alex Sebastian

The deal comes at a particularly opportune time with Bitcoin just breaking back through resistance at $60,000 to reach a new all-time high of over $63,000.

Chancellor of the Exchequer Rishi Sunak got to his feet shortly after 12.30pm to deliver the crucial speech on his plans for taxation and spending as Britain recovers from the coronavirus pandemic.

Britain’s capital rose to the number one position in Schroders’ Global Cities Index from second place last year thanks to scoring highly on environmental and social factors.

The recent rise to prominence of social media based trading groups will have been taken by some as a sign markets are topping out of their stellar recent run.

Moonpig is set to float a quarter of its business on the London market next month with an expected price per share of around 350p.

The stock jumped more than 100 per cent from the US market close last night, while small UK traders complained of being locked out from Gamestop purchases yesterday.

A successful vaccination programme across wealthy countries during the beginning of the year will transform the global economy.

Company pension funds have hit the headlines once again after Topshop and Burton owner Arcadia slid into administration last week.

It doesn’t matter how good a company is, if its shares rise too much too quickly there will be some degree of profit taking and fallback in price.

The recovery from one of history’s sharpest stock market crashes in March has in many ways been more remarkable than the fall.

The decade-old business said Covid-19 had cost it around £109 million as it reported a pre-tax loss of £240.6 million in the first six months of the year.

The likes of Land Securities and British Land Company have been battered by lockdown and while things have changed for them, their business is far from worthless.

The Wirecard scandal has become the latest chapter in a long story of corporate calamities where serious problems have emerged in the books of large listed firms.

The only good option available to most retail investors once a sell-off has hit is to ride it out. Stock markets always recover, the only question is how long it will take.

A bull trap is a stock market scenario in which those who are optimistic about the market buy shares and send prices back up after a slump, only for equities to reverse to new lows.

Some leading indices such as Germany’s DAX have already returned to a technical bull market, generally defined as prices being 20 per cent higher than the recent low point.

The stock market has shown signs of finding its feet this week after the worst sell-off since the 2008 financial crisis.

The Budget was about containing coronavirus’s effect, but there was still room for plenty of other measures though. We reveal what you need to know.

An economic slowdown or recession has far reaching consequences for prosperity and peoples’ jobs of course, but the entire financial system is not in peril, as it was in 2008.

Sainsbury’s chief executive Mike Coupe is standing down and heading into retirement after six years in the role, the supermarket revealed.