End of work from home gives TfL a well-deserved boost to ridership February 10, 2022 Transport for London (TfL) received a well-deserved boost following the end of the ‘work from home’ order. According to data released today, since restrictions were lifted on 19 January, Tube ridership numbers have increased 25 per cent, reaching 60 per cent of pre-pandemic levels. As workers flock back to the Square Mile, stations closest to [...]
Bitcoin holding a steady course above $28k April 4, 2023 Bitcoin has been hovering above the $28,000 level over the last few days, barely moving from $28,150 over 24 hours.
‘Get ESG-ready’ series: What is ESG and why is it relevant now? January 13, 2023 Companies are like citizens, they need to act responsibly and try to do more good than harm. Many of us will have heard of ‘Corporate Social Responsibility’ (CSR) and similar ideas such as the ‘Triple Bottom Line’, ‘Corporate Purpose’ and ‘Shared Value’. In practice, many of these ideas were hijacked by marketeers, which meant that [...]
Budget 2021: Government freezes Isa allowances as inflation comes down the track October 28, 2021 Isa and Junior Isa spending limits will be frozen at their current levels until at least 2023 under the Treasury’s Autumn budget plans, in a move that could hit investors with tax and harm savers if inflation begins to multiply further down the line. Chancellor Rishi Sunak outlined the annual payment limit for adult Isas [...]
Why is the UK economy poised to tumble into a recession and fall behind Europe, US and even Russia? February 16, 2023 Britain avoided a much-tipped recession at the end of last year. Phew. “However, we are not out of the woods yet,” warned Chancellor Jeremy Hunt after last Friday’s GDP figures from the ONS revealed the economy stagnated at the end of 2022, meaning it narrowly avoided the technical recession definition of two consecutive quarters of [...]
Rishi Sunak vs Liz Truss: Last night’s Tory leadership debate fact-checked July 26, 2022 Last night Tory leadership hopefuls Rishi Sunak, a former chancellor, and Liz Truss, the current foreign secretary, went head to head in a live TV debate on the BBC. Following the debate, City A.M. caught up with Will Moy, chief executive of Full Fact, to fact check the various statements that were made during the [...]
Investment slump amid higher interest rates risks finally sparking UK recession June 6, 2023 A mix of factors are buffeting the UK economy right now. Spending power is being crushed by high inflation eroding family finances. House prices are coming off their heady heights as sellers drop prices to source buyers amid higher mortgage rates. External demand is thinning in response to weak consumer confidence amid a global cost [...]
Universities follow perverse incentive models out of touch with the labour market July 6, 2022 THE days tick by to the summer ritual of the announcement of A-level results. Yet panic is already spreading among those wanting to start university in the autumn. The number of applicants has risen by 5 per cent this year, according to the university admissions service (UCAS). In addition, many universities are cutting back the [...]
JD Sports expects to beat profit expectations following Black Friday and Christmas sales January 12, 2022 JD Sports expects full-year profits to beat expectations following improved trading performance over Black Friday and Christmas.
Georgia: Why our protests are the new frontline against Putin-style democratic crackdowns across Europe May 18, 2024 Protests in Georgia are continuing over plans to introduce a ‘Putin-style’ law against ‘foreign influence.’ Here, academic Gia Jandieri – under threat himself from the new legislation – explains why Georgians are taking to the streets Controversial? Divisive? No, More Than That, It’s Unlawful and Anti-Constitutional To understand where we’ve got to, we must start [...]