Monetary policy needs to be ‘more forceful’ as global economy becomes less stable November 14, 2024 "Over the next few years at least, volatility in macroeconomic variables likely will be elevated," Mann said at the Annual Conference of the Society of Professional Economists in London.
Consumers will pay for Starmer’s green targets November 14, 2024 It’s easy to be cynical about a climate conference that sees plutocrats flying their private jets to a petrostate claiming they’re going to save the world. That’s certainly the position of Greta Thunberg, who has dismissed COP29 as an exercise in greenwashing Azerbaijan’s human rights violations, a view shared – in City AM recently – [...]
Gerry Grimstone: ‘Climate change is the best investment opportunity since the Industrial Revolution’ November 14, 2024 Former investment minister and chairman of Gemcorp Capital, Gerry Grimstone, speaks to Eliot Wilson about the transformative potential of net zero and why private capital is indispensable to growth Gerry Grimstone, who turned 75 this summer, is steeped in private enterprise. He was a director of the venerable London investment house Schroders, chairman of Standard [...]
The Naked Truth November 13, 2024 Charles and Ruth Simpson, co-founders of Simpsons’ Wine Estate and Domaine Sainte Rose, tell Libby Brodie about their journey with Naked Wines How did you get Naked? We started working with Naked Wines in 2012 and they were with us from the outset, helping us through our first vintage in 2016. An amazing 1,200 Angels pre-purchased a case [...]
Meeting the challenges of the reinsurance market November 12, 2024 Touching all parts of the sector, Aon is one of the giants of the global insurance industry. Insurers play a crucial role in creating a more resilient world, but they are up against a rapidly changing environment with interconnected, emerging risks and intense competition. Now more than ever, insurers need comprehensive services and global perspectives [...]
Victory for Shell after Dutch court overturns landmark emissions ruling November 12, 2024 The Hague Court of Appeal has overturned a landmark ruling that ordered the energy giant Shell to reduce its carbon emissions.
Move over Malbec: Why There’s more to Argentina November 12, 2024 Argentina is famed for its wine; in fact, wine is legally recognised as the country’s national beverage. Historically its famed Malbec has had ‘Main Character Energy’ but, on a recent trip to the wine region of Mendoza (pronounced ‘Mendosa’ with an ‘s’), there were some other finds that struck me with their star quality. Eduardo [...]
Ex-BP boss says Labour is ‘ignoring’ UK’s energy needs November 12, 2024 The new government’s decision to divest from North Sea oil and set up a state-owned renewable energy company is the “last thing” it should be doing, the former chief executive of BP has said. Bob Dudley, who ran the British petrochemical giant BP for ten years, told City AM that energy secretary Ed Miliband was [...]
The Notebook: The consequences of spending, spending, spending November 11, 2024 Staggering government spending has become the norm since the pandemic, but the consequences are coming, writes Kokou Agbo Bloua.
Lessons from the Gulf: The UK must listen to business November 11, 2024 The UK may feel worlds apart from the Gulf monarchies, but there are lessons to be taken, writes Eliot Wilson.