Stricter ESG rules needed to stamp out greenwashing, City minister warns July 18, 2022 Sustainable investing needs stricter standards in place or greenwashing will continue to rise, the newly appointed City minister warned today.
FCA says it doesn’t know if staff are getting paid for second jobs February 28, 2024 The Financial Conduct Authority has been told to get its house in order after admitting it doesn’t know whether staff with second jobs are getting paid for those roles.
The launch of Paramount Plus: Streaming isn’t a ‘winner takes all market’ says global chief June 22, 2022 Paramount Global launched its own streaming service in the UK this morning, entering an already flooded market of choice.
House prices hit record high of £276k as slower growth forecast for 2022 January 7, 2022 House prices increased by more than £24,500 last year, the largest annual cash rise since March 2003. The average UK property price reached a new record high of £276,091 in 2021, rising 9.8 per cent, according to Halifax’s House Price Index. Once more, London was the weakest performing region for annual inflation by long way [...]
John Neal: Why Lloyd’s of London ‘had to change’ April 25, 2024 John Neal has pushed Lloyd's of London through a major modernisation effort since 2018 as the City faces fears over its future
Mark Kleinman: Thames Water will be hoping for a fresh start in 2024 December 28, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
House prices increase at fastest annual pace since 2007 as property values jump by almost 11 per cent March 7, 2022 House prices increased at the fastest annual pace since 2007 in February to reach a new record high, according to an index. At 10.8 per cent, the annual rate of house price growth was the strongest since June 2007, Halifax said. The increase took the average house price across the UK to a new record [...]
Exclusive: EDF calls for historic intervention to ease soaring energy bills August 26, 2022 EDF has called on the Government to ramp up support for households this winter with a four-phased intervention in the energy market.
Even at seven times their income, single homebuyers are priced out of the market by £24,000 January 31, 2022 Despite many lenders relaxing their loan to income criteria, the average UK homebuyer is still priced out of the market unless purchasing with a partner. The current average loan to value, or the multiple of salary that a lender will loan to a buyer, has increased from 3.87 to 4.12 in the last ten years [...]
What we were able to change with the Financial Services and Markets Bill – part two June 27, 2023 Part two on the changes that have been made to the Financial Services and Markets Bill focuses on regulator accountability.