As the Metropolitan Police asks Sue Gray’s inquiry into 10 Downing Street’s lockdown parties to make ‘minimal reference’ to any events it is investigating, we’re doing our best to downplay some other matters.
TAKING THINGS IN OUR STRIDE
At home, Liz Truss’s £500,000 private jet flight to Australia is raising more than eyebrows and there are calls to scrap April’s rise in National Insurance. Abroad, President Biden says there’s a ‘distinct possibility’ of Russia invading Ukraine. The FTSE All Share is heavily down but Edison’s chief investment strategist Alastair George believes recent declines are best characterised as a ‘valuation tantrum’. Maybe it’s time to listen to some happy songs.
ACCENTUATING THE POSITIVES
We’re focusing on the upside, with the US seeing its strongest growth since 1984 and French GDP is increasing at its fastest rate for 52 years. Dominic Cummings is responsible for visitors flocking to Barnard Castle. As e-scooter firms collaborate on developing a universal warning sign, British Sign Language is set to become recognised by law.
COUNTING THE CASH
Corporates are partying like it’s 2022, with Apple smashing its revenues record and Paragon Banking Group’s quarterly new lending increasing by 36% to £708m. Digital asset custodian Fireblocks has scored a $8bn valuation, Goldman Sachs Asset Management has led a $227m investment in live-entertainment tech start-up Fever and grocery delivery firm Zapp has raised $200m. If you missed Edison’s Open House on the healthcare companies that will frame the investor universe in 2022, you can view all the content here.
GIVING CREDIT WHERE IT’S DUE
A British scientist who found a new species of insect in the Ugandan rainforest says it was a ‘once-in-a-lifetime’ achievement. Finally, the defunct ‘Joe Danger’ video game is being brought back at the request of the father of an eight-year old autistic boy who has broken the developer’s heart.