Week ahead: Traders eye rate setter speeches for signs of quicker tightening July 3, 2022 Investors this week will be looking for signs of the Bank of England launching a 50 basis point rate rise at its next meeting on 4 August. London’s premier FTSE 100 index posted a mild performance over last week, dropping 0.56 per cent to end at 7,168.65 points. The domestically-focused mid-cap FTSE 250 index however [...]
Ireland’s finance minister: Bringing Beyonce to Dublin? Insurance reform might do it October 9, 2023 Ireland’s finance minister Jennifer Carroll MacNeill tells City A.M. how her insurance reforms are more exciting than one might suppose.
UK insurance: shares in Aviva and Admiral shrug off Bank of England’s warnings of a ‘prolonged’ recession in the sector January 10, 2023 The UK’s insurance companies were told to brace themselves for a “prolonged” recession by boosting their risk management processes, the Bank of England (BoE) has said in a letter to sector CEOs. In a letter to insurance chief executives, the BoE’s insurance watchdog warned that various risks might stem from the downturn as it called [...]
Profit not process: How our banks grew too bureaucratic for their own good August 11, 2023 Judgement is being impaired by bureaucratic process, write two of the City's foremost lawyers
Rishi Sunak torpedoes Boris Johnson’s Britannia ship as £250m plans sink to the bottom of the Brexit pond November 7, 2022 As part of government efforts to cut spending, a £250m plan to build a successor to the Royal Yacht Britannia has been scrapped, the Ministry of Defence confirmed this afternoon. The national flagship plan was sunk by Rishi Sunak’s administration as Whitehall braced for cuts in the November 17 autumn statement by Chancellor Jeremy Hunt. [...]
Starmer vows to ramp up ‘critical’ nuclear power as he fleshes out party’s energy plan June 5, 2023 Labour leader Sir Keir Starmer has lent his support to the UK’s nuclear industry calling for a vast ramp-up in projects.
Bank of England warns of stagnating UK economy and ‘crystallising’ inflation August 3, 2023 The UK economy is on course for a slow burning slump over the coming years and scorching inflation has started to “crystallise,” the Bank of England has warned as it lifted interest rates for the 14th time in a row. In fresh forecasts released today, the central bank said over the next three years, UK [...]
Let’s unleash blockchain to disrupt government corruption July 14, 2022 Corruption has a disproportionate effect on the poor and most vulnerable but blockchain can help fix this, says Nigel Green.
Emerging Technologies: Unveiling the Future of AI, VR, AR, and Blockchain September 21, 2023 Technology is always advancing at a steady pace, but sometimes it takes a great leap forward. Now, looking around at some of the technology we have today, it feels like quite a few of these great leaps have occurred very recently. We have artificial intelligence doing things even science fiction writers hadn’t imagined, while both [...]
Silvertown Tunnel to cost £2bn over next 30 years September 16, 2020 A controversial tunnel which will connect Greenwich with London’s Docklands will cost Transport for London (TfL) almost £2bn over the next three decades. Although the actual construction of the Silvertown Tunnel remains at £1bn, figures from the capital’s transport operator show that the overall cost for building, maintaining and operating the tunnel will be £65m [...]