Property prices globally have been rising fast, accelerated by low interest rates and availability of credit. However, the same thing has been happening in the Metaverse — prices for land have surged this year. Why have prices for ‘virtual property’ risen? As hype around the Metaverse has grown recently, many…

Monday 19th July 2021 — Friday 23rd July 2021 — 1. Private Equity firm Bridgepoint goes public Key facts IPO date: 21st July 2021 Stock market debut: London Stock Exchange Ticker symbol: BPT Offer price: 350 pence per share Shares offered: 85 million new shares Bridgepoint was founded in 2000 after a management buyout from NatWest Equity Partners and has assets under management of €27.4 billion. …

Monday 12th July 2021 — Friday 16th July 2021 — 1. ETF inflows reach record highs ETF inflows for 2021 have reached $488.5 billion. Traditionally, inflows in the second half of the year tend to be greater than the first half as shown in the graph below.

Key facts IPO date: 7th July 2021 Stock market debut: London Stock Exchange Ticker symbol: WISE Offer price: £8 per share Shares offered: No new shares issued as the IPO was a direct listing 2020 figures: Revenue of £421 million in 2020 and the firm has been profitable since 2017. …

Monday 5th July 2021 — Friday 9th July 2021 — 1. China cracks down on tech companies and US listings On Tuesday, China announced it would crack down on Chinese companies listing overseas, a move which could cool the current booming IPO market. Beijing’s State Council released a statement announcing it would tighten data regulations in relation to “cross-border data flows and the information security of overseas-listed companies.”

Key facts IPO date: 1st July 2021 Stock market debut: Nasdaq Stock Exchange Ticker symbol: DNUT Offer price: $17 per share Shares offered: 29,411,765 shares 2020 figures: Revenue rose 17% to $1.12 billion, but the company reported a net loss of $60.9 million. Company Overview Krispy Kreme is popular all…

Monday 28th June 2021 — Friday 2nd July 2021 — 1. Inflation may rise to 4% says Bank of England economists Andy Haldane, outgoing Chief Economist for the Bank of England has stated that he expects UK inflation to be nearer 4% than 3% by the end of this year. If this was to occur, inflation would be double the Bank’s target of 2%. …

Monday 21st June 2021 — Friday 25th June 2021 — 1. Crypto market update China cracks down on crypto — Monday China has enhanced its crackdown on cryptocurrencies as the top three mining regions in the country have started making moves against miners. Moreover, the government reportedly met with major banks again this week to reiterate that banks cannot be involved with cryptocurrency transactions…

Monday 14th June 2021 — Friday 18th June 2021 — 1. UK Inflation rises above Bank of England target UK consumer price inflation (CPI) jumped to 2.1% in May, above the Bank of England’s 2% target and its highest since July 2019, official figures showed today. This was an increase of 0.6% from April and the rise was mostly caused by the pent up demand, some of which was…