Exclusive: Sceptical environmentalist Bjorn Lomborg on 50 years of misguided climate panic February 9, 2022 Bjorn Lomborg is President of the Copenhagen Consensus and Visiting Fellow at Stanford University’s Hoover Institution. His latest book is “False Alarm: How Climate Change Panic Costs Us Trillions, Hurts the Poor, and Fails to Fix the Planet.” Writing exclusively for City A.M. today, Lomborg zooms in on half a century of what has been, [...]
How the financial services sector in Latin America is tackling gender imbalance February 9, 2022 | Sponsored DiverCity® Podcast · Financial and female inclusion in Latin America Financial inclusion is increasingly being seen as a valuable tool to promote social progression and economic prosperity. Latin America has a female-led workforce yet female representation in corporate boardrooms is low. But that contrast is creating a precedent for change, with banks, individuals and social [...]
Investing’s first principles and why the discounted cash flow model remains an absolute necessity February 9, 2022 | City Talk I couldn’t sleep. I knew something was wrong. The numbers just didn’t make sense. For years, pipeline energy analysts seemed to be adjusting their valuation models for pipeline master limited partnership (MLP) stocks in order to explain what was happening to the price. But why? Why adjust the models for one set of companies and [...]
Is Bitcoin’s fighting start to February losing momentum? February 9, 2022 After a strong start to the week, the crypto markets dipped slightly yesterday. The Bitcoin price reached a four-week high of more than $45k on Monday, but it has dropped by about two per cent in the last 24 hours and is currently changing hands at around the $43,500 mark. Can it regain momentum? Over [...]
Four day work week could close gender pay gap, argues women’s rights group February 9, 2022 Moving to a shorter working week could help to close the gender pay gap, according to a new report released today. When unpaid and paid work is combined, women continue to work longer hours than men but for less money, while overwork and overproduction are a direct cause of climate change, the Women’s Budget Group [...]
Hunting for “10 baggers” – how the UK beat the US February 9, 2022 | City Talk The ups and downs of US technology stocks dominate headlines. Before this year’s tech correction it would have been hard to miss the news, for instance, that Apple’s market capitalisation had exceeded $3 trillion. That was not too far short of the entire value of the UK stock market. What is less well known, however, [...]
Barratt boss confirms over 200 buildings fall under cladding safety review February 9, 2022 The boss of housebuilder Barratt has confirmed that more than 200 legacy properties fall within its safety review in a bid to fix the UK’s cladding crisis. Chief executive David Thomas said the company was in talks with government around its plans to get housebuilders to fork out the cash to undergo safety works on [...]
State intervention can boost our economy but only the private sector can rebalance it February 9, 2022 The government’s long awaited levelling up white paper was met with a lukewarm reception last week. One of the main complaints was that there was not enough – or in fact any – new money for the regions. Many localities have become stuck with low levels of productivity and, as a consequence, low levels of [...]
The City View with Susannah Streeter and Michael Hewson February 8, 2022 Andy is joined by CMC Markets’ Michael Hewson and Hargreaves Lansdown’s Susannah Streeter to discuss the latest economic developments
Fifa Club World Cup: Chelsea set for competition that football doesn’t know what to do with February 8, 2022 For Wednesday afternoon, when they take on Asian champions Al Hilal in the semi-finals, the Fifa Club World Cup will be the focus of Chelsea’s attention. In a season in which the Blues could in theory still win five trophies, however, it is harder to say where the competition ranks among their priorities. Such is [...]