Will Bitcoin ever get over its ESG barrier?

By Ian Silvera Mass energy consumption is currently hardwired into Bitcoin’s software. Even in the early days of the payments project it was a concern for the first adopters of cryptocurrency, most notably Hal Finney, who openly queried “how to reduce CO2 emissions from a widespread Bitcoin implementation” on Twitter back in 2009. The main…

All the PM wants for Christmas is [Cabinet] you-nity

By James Surallie Following an emergency Cabinet meeting yesterday, the Prime Minister signalled that new COVID restrictions are unlikely to be implemented before Christmas. While it seems Boris Johnson will not be accused of reprising the role of ‘The Grinch’ for a second year in a row, he did warn that he would “not hesitate”…

SEC Newgate UK’s Outlook for 2022

By members of the SEC Newgate UK team At the end of another tumultuous year socially, politically, economically and environmentally, we asked our colleagues for their views on the themes that are likely to dominate in 2022.    The collective sigh of relief that greeted the end of 2020 could scarcely have prepared us for another…

Here’s hoping for a Santa Claus Rally

By Isabelle Smurfit Despite a frenzied year of volatility, public market indices have managed to deliver positive returns year to date on both sides of the pond. Nonetheless, as we approach the end of the calendar year with uncertainty at an all-time high, investors will be hoping for markets to deliver their own dose of…

What 2022 is set to hold for the residential property market

By Emma Goodwin 2021 (and 2020, for that matter) has been a rather strange year for the residential property market (and indeed, the world). Arguably, consumer priorities and mindsets have changed more than ever in the last two years, with the landscape continuously shifting – especially as we now grapple with the growing likelihood of…

Twas the day of North Shropshire…

By Tiffany Burrows Picture the scene: October 2021. The House of Commons has voted to suspend Conservative MP Owen Paterson for 30 sitting days following the findings of the Parliamentary Commissioner for Standards that he had breached the MPs’ Code of Conduct. Paterson received a slap on the wrist – albeit a pretty big one…

What’s in store for Wales in 2022?

By Siân Jones Last week, SEC Newgate hosted an online panel discussion reviewing the key political and economic developments in Wales over the past year and looking ahead to what’s in store for 2022. The panel comprised Huw Irranca-Davies MS, Labour Member of the Senedd for Ogmore, Ian Price, Director of CBI Wales, Valerie Livingston, political…

The crypto penny finally drops for the Bank of England

By Ian Silvera “We really need to roll our sleeves up and get on with [a regulatory framework for crypto]”, Sir Jon Cunliffe conceded to the British nation over breakfast earlier this week. The deputy governor of the Bank of England appeared on the BBC’s flagship current affairs radio show, the Today Programme, to talk…