Funds struggle to sell sustainability as greenwashing spreads November 1, 2022 Fund managers are struggling to sell their green investment products to financial advisers as rampant greenwashing erodes trust in the environmental, social and governance (ESG) industry, fresh research has
Ministers push back plans for controversial ‘call in’ powers November 1, 2022 Ministers have delayed plans for the roll-out of controversial ‘call in’ powers over regulators in order to give the prime minister more time to mull over the plans, a letter from the City minister has revealed.
FCA struggling to lure top talent due to lacklustre pay, former official claims November 1, 2022 Reforms to the City watchdog have not done enough to boost employees’ pay packets and it is struggling to recruit top calibre staff as a result, a former official has claimed.
UK startups bag £4.2bn as VCs shrug off recessionary fears November 1, 2022 Venture capital investors in the UK and Ireland shrugged off recessionary fears in the third quarter of the year as they pumped £4.2bn into start-up firms, new research has revealed.
BP’s profit bonanza reignites calls for tougher windfall tax November 1, 2022 BP has unveiled another bumper round of monster profits powered by soaring gas prices, reigniting calls for a windfall tax.
BBC’s local radio cuts slammed as ‘unwarranted’ and ‘misguided’ November 1, 2022 Leading journalist trade body has slammed the BBC’s ambitions to invest more into its local digital news. Chief exec of The News Media Association Owen Meredith criticised the broadcaster’s plans to cut back its late-night local radio, which will see 139 audio roles axed. All local shows after 10pm are set to be replaced with [...]
UK in Recession: an Overview of What Could Happen & How You Can Take Advantage November 1, 2022 | City Talk Recently, the Bank of England has issued a warning about a slowdown in economic growth towards the end of 2022, with similar worries persisting into 2023. Overall, the upcoming emergence of a recession has been fuelled by a mix of several detrimental dynamics for the UK. Uncovering the Dynamics that Lead to Recession The United [...]
The impact of higher interest rates on markets. What is ahead for the crypto market? November 1, 2022 | City Talk Higher interest rates generally mean a lower appetite for high-risk/high-return assets such as cryptocurrencies, hence we’ve seen the crypto market decline in recent months. With the stock market also reacting badly to recent rate hike and the crypto market becoming increasingly correlated to stocks, crypto could be in for a continued bearish year because of [...]
Ali Omari November 1, 2022 Ali Omari – In a recent article we said that a “fat finger” trade at Citi that wiped billions off European shares was carried out by unit overseen by Ali Omari, and that Mr Omari had lost his job as a result. This was incorrect. Mr Omari had no involvement in the trade – indeed he was on holiday [...]
OPEC: Oil demand will not peak anytime soon despite IEA forecasts November 1, 2022 OPEC has raised its forecasts for world oil demand over the medium and long term in its annual outlook despite IEA forecasts.