Over half of money managers bet on global recession this year August 16, 2022 Over half of investors are fretting over the global economy tumbling into recession this year, new figures released today show. Some 58 per cent of money managers think global output will shift into reverse, up from a minority of 47 per cent, according to Bank of America’s latest global fund managers’ survey. The latest reading [...]
‘The law of Karma works’: India overtakes former ruler Britain as fifth biggest economy September 5, 2022 India has overtaken its former ruler Britain to become the world’s fifth largest economy. A billionaire tycoon said the news shows the “the law of Karma works”, after the International Monetary Fund made the announcement this week. India’s economy grew seven per cent in the last three months, according to calculations based on US dollars, [...]
Google searches for solar panels rocket more than 300 per cent as cost of living and energy crises hit August 15, 2022 Google searches for solar panels have rocketed by more than 300 per cent this year, with the cost of living and energy crises hitting hard, writes Cat Branagan. More Brits are looking for alternative and cleaner energy sources it has been shown by a new report of Google Trends data. Searches shot 316 per cent [...]
The City View: Boris on his last legs? May 31, 2022 On today’s final episode of The City View, Andy Silvester talks to City A.M.’s Opinion and Features Editor Sascha O’Sullivan. They ask whether Boris Johnson is harming the Tory party’s chances of reelection, and if Starmer is the right man for the job as Labour leader. And in the business news: TUI has cancelled nearly [...]
Retailers put all their chips on inflation cooling during golden Christmas run-up September 22, 2023 A better than expected inflation reading, and growing consumer confidence and sales, have offered a glimmer of hope for the UK’s retail sector, as they turn their focus to the vital Christmas trading months. According to today’s ONS figures, retail sales volumes rose by 0.4 per cent in August 2023, partially recovering from a fall [...]
London’s new Super Sewer may sound swell, but it’s a shoddy waste solution January 11, 2024 Sure, the Super Sewer is an upgrade from the current situation. But the opportunity to redesign London’s sewers in a future-thinking fashion has for the next century been thrown away.
Threat of stagflation returns for first time since 1970s as UK enters early stage of drawn-out recession August 3, 2022 The UK is in the early stages of a drawn out recession that will tip millions of households into financial crisis, reveals fresh forecasts published today. An inflation surge driven by an unprecedented rise in energy bills will steer the economy into recession this quarter and keep it there until early months of next year, [...]
Davos: Energy prices will remain above pre-Covid levels but they will be less volatile says Equinor boss January 16, 2023 The boss of one of one of the world’s largest energy companies has warned that high energy prices are here to stay. Anders Opedal, CEO of Equinor – which is bigger than BP, made his comments ahead of the Davos World Economic Forum conference in Switzerland. Opedal, who was speaking on BBC Radio 4’s Today [...]
Why women in business need to get better at saying no August 24, 2024 Too many women still believe being successful means sacrificing your personal life – it’s time we learned that disappointing others is a good habit to develop, says Viviane Paxinos For too long, society has perpetuated the belief that to be successful, women must give up their personal lives and wellbeing. We’re told the price of [...]
Are central banks to blame for the inflation crisis? August 1, 2023 As we enter what looks like the final leg of central banks’ interest rate rising journeys, it’s as good a time as ever to trace why they have been jolted into action after over a decade of ultra loose policy and whether their response to the inflation crisis has been effective. Coming out of the [...]