Reforming fiscal regime is no taxing issue March 1, 2022 Amid the surplus of analysis devoted to improving the UK tax system, debate over whether the government’s current and future level of spending sometimes slips by. With interest rates expected to climb as the Bank of England leans even further into hawkish policy and inflation already hitting near 30-year highs, the cost of borrowing will [...]
UK GDP up 4.8 per cent in second quarter : CityAM August 12, 2021 The UK economy grew at a rate of 4.8 per cent in the second quarter, data from the ONS said today, as the bounce back from the coronavirus pandemic continues. As a result, GDP is now 4.4 per cent below where it was in the last quarter of 2019, before Covid-19 struck. Also Read: PwC [...]
Accounting watchdog: Third of all audits ‘unsatisfactory’ amid fears sector reforms will be watered down November 18, 2021 An “unacceptably high” number of audits still need improving, according to the UK accounting watchdog’s latest report, amid increasing concerns that the government may scale back long-awaited corporate governance and audit reforms. The Financial Reporting Council (FRC) today published its latest annual report on UK audits, finding that 33 per cent of all audits still [...]
City Moves: Who’s switching jobs in the Square Mile this week? September 15, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Falcon posts City veteran Joe Nally to board Falcon Oil & Gas has posted Cenkos co-founder Joe Nally as a new non-executive chairman to the board of the company with immediate effect. Nally, a City veteran, [...]
Is the metaverse crashing? How low can crypto markets go? June 14, 2022 Dr Chris Kacher explains why risk-on assets such as the metaverse are highly vulnerable to major market corrections.
City Moves: Who is switching jobs in the Square Mile this week? April 21, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. In this week’s City Moves, we have a host of newly created roles making their way across the Square Mile. From chief data officers to directors of environment social and governance – the [...]
JP Morgan and Goldman Sachs staffers return to London in droves April 6, 2021 Bankers at JP Morgan and Goldman Sachs have returned to their London offices in droves, as the UK continues to inch out of lockdown. Around 15 per cent of JP Morgan’s staff in the City – some 1,800 people – went into the office last week, up from about 10 per cent at Christmas. For [...]
The Metaversal Evolution Will Not Be Centralized December 20, 2022 Crypto fuels the metaverse Traditional fiat has and always will be devalued by central banks. It is only a matter of time before the Fed moves from QE-lite to full blown QE, spurred by another crisis. This is why crypto which acts as fuel for the metaverse is so important. The metaverse is simply communication [...]
Hybrid future is ‘part-time work for full-time wages’, says City grandee September 24, 2021 Veteran city broker Andrew Monk has spoken out against government plans to legislate the right to request flexible working from day one, arguing that it should be up to business leaders and that many CEOs in the city believe it doesn’t work for financial firms. “Frankly, I know how to run my business better than [...]
The CA Agenda – a thought leadership podcast for business professionals June 22, 2021 Since its launch in March 2020, the CA Agenda podcast has brought together some of today’s most influential business leaders to discuss key issues facing the modern business professional. At a time when the 24-hour news cycle is dominated by developments in the coronavirus pandemic, the CA Agenda podcast aims to bring you thought leadership [...]