London a £106bn key driver of surging global online sales in wake of pandemic March 10, 2022 London was at the forefront of soaring global online shopping, with record-breaking investment in the capital last year. As the world emerged from the pandemic, retailers took in more than $140bn (£106bn) from web-based sales in 2021 – more than double the previous year. Following numerous lockdowns which led to a spike in virtual shopping, [...]
Give women green jobs to accelerate the journey to net-zero March 10, 2022 International Women’s Day is a day we remember the immeasurable role women play in society. Sadly, this year, it comes at a time when the world is having to wade through even more unsettling and unchartered waters, while keeping our focus on working towards a more peaceful and sustainable future. The climate agenda is redefining [...]
Editorial: Shocks happen – and our institutions weren’t ready for this one March 10, 2022 And Rishi Sunak thought the hard bit was over. Wearing the scars of a two-year fight against a global pandemic, he may have thought he’d have some respite to get the public finances in order in time for some pre-election giveaways. That increasingly looks a long prospect. It may feel glib to discuss such matters [...]
The City View: Energy market volatility March 9, 2022 Today Andy Silvester chats to City A.M. reporters Jack Barnett and Nicholas Earl about volatile energy prices potentially becoming even more so; inflation forecasts, rising consumer prices and what the Bank of England will do vis-à-vis rate hikes; and yesterday’s nickel big short and its impact on the London Metal Exchange. Andy also goes through [...]
How stock markets perform after heavy falls March 9, 2022 | City Talk While public attention has understandably focused on the grave humanitarian consequences of the invasion of Ukraine, global markets have reflected investors’ concerns about financial and economic impacts. Our live blog on the Ukraine crisis will be updated regularly throughout the week, it can be found here. To date the current crisis has seen major markets fall [...]
SIGNA Sports United leads investment in UK firm Buzzbike  March 9, 2022 Sports e-commerce and tech platform SIGNA Sports United has taken a stake in UK bike subscription service, Buzzbike, as part of its platform expansion strategy. Within the new partnership, Berlin-based SIGNA Sports United (SSU) will support Buzzbike’s bike development and become its exclusive bike supplier. The London start-up Buzzbike offers a monthly membership package, which includes a [...]
Watchdog whacks Sky Vegas with £1.2m fine after it offered free casino spins to recovering addicts March 9, 2022 Sky Vegas has been hit with a £1.2m fine by gambling watchdog after it sent free casino "spins" to recovering addicts.
Bitcoin recovers to break $42k after positive US news March 9, 2022 The crypto markets are certainly looking stronger this morning, with the Bitcoin price recovering to just above $42k.
What’s the best ISA strategy for you? March 9, 2022 | Sponsored Annabelle Williams, personal finance specialist and Gary Shepherd, investment writer at Nutmeg, the digital wealth manager Saving and investing used to be for scrooges and squares, but they’ve become pastimes for millions of people who know that being financially savvy is far from geeky – it’s the way to fund their best life. Strategising, maximising [...]
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