Vodafone today announced that chief executive Nick Read is to leave the mobile phone giant at the end of the year.
Read, who was appointed boss in 2018 and has been with the company for over 20 years, has been under increasing pressure after a 20% fall for Vodafone’s shares this year.
Meanwhile, a note released by Standard Chartered warned that the Bitcoin price could plunge as much as 70% next year. It said a slide to $5,000 is a scenario that markets are “under-pricing”, fuelled by crypto bankruptcies and a “collapse in investor confidence in digital assets.”
