Weaker economic backdrop presents fresh headaches for Fed July 28, 2021 Today’s Federal Open Market Committee announcements come amid mounting concerns that the rapid rise in Covid cases could dampen the global economic recovery. This backdrop presents a different set of problems for Fed Chair Jerome Powell to when he last spoke in June. Recovery prospects are still good, but have tempered. Investors around the world [...]
Opinion: The stamp duty cut for first time buyers will make a difference to individuals, but not to the housing market at large November 24, 2017 The chancellor made a bold move to remove Stamp Duty Land Tax (SDLT) for most first-time buyers in the Budget on Wednesday. Raising the threshold to £300,000, immediately and indefinitely, will lift 80 per cent of them out of the tax. To account for higher prices in some parts of the country, all first-time buyers [...]
Behind the scenes at the Decanter World Wine Awards July 2, 2021 There you are, browsing bottles and trying to decide what to buy next, when you notice a sticker telling you that this is a “Decanter World Wine Awards Winner”. Well, we all love a winner, but what does that really mean? And should we care? I went behind the scenes at the Decanter Awards to [...]
BP to sell London headquarters to Hong Kong investment firm for £250m November 20, 2020 BP has announced the sale of its London headquarters to Hong Kong investment firm Lifestyle International for £250m. The oil giant, which is aiming to sell $25bn of assets by 2025, will lease the 1 St James’s Square property back for two years. BP, led by chief executive Bernard Looney, has already divested or agreed [...]
Londoners ‘disgusted’ by fashion industry abuses but lack money to shop ethically August 19, 2021 London consumers feel strong negative emotions about fashion industry exploitation, and that they want the industry cleaned up so they can enjoy shopping without guilt. More than two-thirds (68 per cent) of Brits taking part in a new survey that was shared with City A.M. felt either ‘disgusted’ ‘sad’ or ‘angry’ about the fact that [...]
Using physics and theories to navigate the complex world of dCommerce March 4, 2021 Justin Banon, co-founder of Boson Protocol, walks us through his thinking from concept to completion in the complex world of dCommerce.
Bitcoin on road to recovery, but options expiry on Friday looms large September 23, 2021 The cryptocurrency market continues to recover this morning, with Bitcoin (BTC) rising around four per cent in price over the last 24 hours to just below the $44k mark.
Q&A: why are so many investors still ignoring the UK stock market? October 27, 2021 Q: Are UK shares cheap because they’re “old economy” businesses in the banking, oil and tobacco sectors? Bill Casey: When we speak to management teams of UK-listed businesses, many are pulling their hair out, complaining their shares are lowly “rated” compared to US and European-listed peers. They run good quality businesses which we don’t think have [...]
UK mortgage approvals rise but consumer lending slows July 29, 2019 Britain’s housing market received a modest lift in June as mortgage approvals increased by more than analysts had expected, Bank of England figures showed today. Read more: UK mortgage approvals hit two-year high following Brexit extension Annual lending growth to UK consumers slowed from 5.7 per cent in May to 5.5 per cent in June, [...]
Berkeley Group faces opposition to new bonus policy September 1, 2019 Berkeley Group is facing opposition to its payment policy after a shareholder advisory firm urged investors to vote against the housebuilder’s new bonus structure at a meeting this week. The payment policy has been opposed by Institutional Shareholder Services (ISS), which said proposals to axe its bonus were “unlikely to affect the remuneration received by [...]