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The world is good, bad and mad
The Financial Services Club Blog
Like all of us, I’m fed up with coronavirus coverage and Groundhog Day days. I talk to other folks, they feel the same. Then I realise it’s not a World War. I’m not worried about losing my life. I’m not going to take risks and expose myself to the virus, …

HSBC to close 82 branches this year
The bank has named the branches that will close between April and September, but aims to avoid redundancies.

Goldman chief executive says Spac boom is unsustainable
David Solomon issues warning after financing tool is used to raise nearly $79bn from investors last year

Covid: Cash refusal 'creeping into UK economy'
A survey by consumer group Which? raises concerns over coronavirus leading to more cashless stores.

Is bitcoin a scam? – podcast
In 2013 James Howells threw out a computer hard drive containing bitcoin. Last week he again asked his local council for permission to dig for it at his local dump as he believes it is now worth about £200m. The Guardian’s UK technology editor, Alex Hern, looks at the rise

The economic challenge facing Joe Biden
President-elect Joe Biden has called for major stimulus - but how much will he be able to do?

Big businesses told to speed up payments to small suppliers
Changes to the Prompt Payment Code mean large companies will have half as long to pay small firms.

Funding mega-rounds highlight investor ‘fomo’
Would-be Stripe rivals Checkout.com and Rapyd raise $750m in a week