Three behavioural biases to watch out for during a crisis June 25, 2020 Nick Kirrage walks us through the most common behavioural biases investors suffer from and how to overcome them. At the best of times, investors are at risk of succumbing to certain behavioural biases that can cloud judgment and impair decision-making. In highly stressful and unpredictable times like the Covid-19 crisis, there is a greater propensity [...]
The Financial Action Task Force’s latest mission… Global Stablecoins August 11, 2020 In October of 2019, four months after Facebook announced its ambitious Libra project to the world, the G20 assigned a new mission to the Financial Action Task Force (FATF): to investigate and report on the risks of an emerging breed of cryptoasset – the “global stablecoin”. This article will discuss the headline findings of the [...]
Could the bounce-back be quashed by a second wave? August 4, 2020 With some countries fearing a second wave of Covid-19 cases, Schroders’ chief economist Keith Wade considers whether a bounce back in the economy could be quashed. While there are hopes that the easing of lockdowns and reopening of businesses are beginning to give life to the global economy, fears of second waves of infections are [...]
London calling: Why it’s time to bring life back to our city’s streets August 10, 2020 Despite a tentative easing of the national lockdown, the lingering economic and social consequences of this policy are frighteningly obvious to anyone venturing into central London. While social life and economic activity has, to a large extent, returned to the outer zones and suburbs, the offices and shops of London’s professional districts remain eerily and [...]
Is the office an analogue product in a digital world? July 15, 2020 Reports of the death of the office are premature, but change is coming as Covid-19 means more of us will work from home in the future. The Covid-19 pandemic has acted as a catalyst, accelerating a number of global trends. One of the most significant of these is working from home, a trend which is [...]
FCA’s Supervision of Cryptoasset Businesses July 21, 2020 It was announced from the 10th of January this year that the UK Financial Conduct Authority (FCA) will be acting as the supervisor of UK cryptoasset businesses under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs). The relevant amending regulations expands the application of the MLRs to [...]
Does Covid-19 mark the beginning of the end for cash? July 29, 2020 Many European countries were already moving away from cash transactions and the pandemic will only speed up this trend. The Covid-19 crisis has changed our daily lives in multiple ways and accelerated a number of trends that were already in place. For many of us, one obvious change is that the need to use cash [...]
Tech stocks – slow-down or slump? July 27, 2021 With the COVID-19 pandemic accelerating the shift towards a digital-first world; technology stocks rose to all-time highs in 2020, as people spent more time online.1 However, as economies have begun to reopen following the rollout of highly effective coronavirus vaccines; tech stocks sold-off as investors rotated towards sectors set to benefit from reopening. In this [...]
Fewer than half of City of London representatives sign diversity pledge January 12, 2020 Fewer than half of the City of London Corporation’s elected representatives have signed a pledge to increase diversity in the governing body. The Corporation’s voluntary Members’ Diversity Charter includes seven commitments to attract “a wider pool of talent” in order to “build a City built for the future”. Read more: City of London councillors call for associate guild to admit female members [...]
CMA provisionally clears Amazon’s £442m Deliveroo investment over coronavirus April 17, 2020 A UK watchdog today provisionally cleared Amazon’s massive £442m investment into Deliveroo due to the risk the food delivery firm faces from coronavirus. The Competition and Markets Authority (CMA) called the situation “wholly unprecedented” but said the cash was “realistically only available from Amazon”. Deliveroo has seen a significant decline in revenues from the UK [...]