UK investors play it safe, while Chinese take risks and Indians are all over crypto October 14, 2021 Affluent to ultra-high-net worth investors in the UK are the most conservative in terms of investment risk among international peers, according to new research, shared exclusively with City A.M. today. More than half of wealthy UK-based investors rated themselves as conservative in terms of their approach to risk, with 20 per cent describing themselves as [...]
Half of all Brits victim of bullying, harassment or other misconduct at work October 14, 2021 Three in four British office workers in the UK have either witnessed or personally experienced misconduct at some point in their careers, according to a new study, shared with City A.M. today. Almost half (49 per cent) of office workers in the UK have personally been a victim of some form of misconduct, including bullying, [...]
City rejects looming interest rate rise: ‘Old Lady should adopt Maradona theory’ October 14, 2021 Markets are increasingly betting that the Bank of England will raise interest rates before Christmas to contain spiralling inflation. The shift came after two of the Old Lady’s most senior officials gave the strongest signal yet that the central bank is ready to choke off inflation. Strengthening predictions over a looming rate hike triggered a [...]
Exclusive: Half of charities concerned about investors’ ESG credentials October 14, 2021 Nearly half of all senior executives who work for charities with at least £1m of investible assets, are ‘very concerned’ about the ability of the investment management advisers to meet their organisation’s ethical requirements. A further 49 per cent say they are ‘quite concerned about this’, according to research from the charity investment arm of [...]
Salary slaves: 2021’s best and worst paid industries and the UK’s fastest-growing sectors October 14, 2021 Earlier this week, City A.M. revealed private equity firms are prepared to pay junior staff with less than two years experience an average salary of more than £152,000, a jump of 52 per cent compared to two years ago. For those with two to four years of experience, an salary of around £181,000 has become [...]
Uefa hands clubs power over Champions League rights in joint venture with ECA October 13, 2021 Uefa will take a step into the unknown on Thursday when it formally launches its search for an agency to help it make more money from the men’s Champions League. European football’s governing body has worked hand in glove with its favoured partner, Team Marketing, since the inception of its flagship competition almost 30 years [...]
Pure Planet and Colorado Energy fall victim to gas price surge – CityAM : CityAM October 13, 2021 UPDATE: BBC Newsnight has reported that CNG Energy will also cease trading after its parent company stopped supplying the firm with gas. The UK’s energy crisis has claimed two more challenger companies as Pure Planet and Colorado Energy ceased trading tonight. 250,000 Brits are now ‘orphaned’ – without a provider – while the energy regulator [...]
Clean energy investment crucial for reducing market volatility, says oil body October 13, 2021 Global volatility in the energy market and further price rises will continue without a major boost in clean energy investment, warns the International Energy Agency. Executive director Fatih Birol believes the transition to net-zero carbon emissions will remain unstable, unless future energy needs can be financed. As economies shift from fossil fuels and less sustainable [...]
Coronavirus breakthrough: Stunned scientists discover uncommon antibody in 45-year old man that halts most Covid variants – CityAM : CityAM October 13, 2021 Scientists were left stunned after they discovered a natural Covid antibody that seems to neutralise multiple Coronavirus variants. The ‘potent’ antibody was reportedly found in a 45-year old man who recovered from Covid-19 more than three months ago. One of the antibodies, labelled as ‘54042-4’, seemed to be able to halt multiple mutations, including the [...]
Exclusive: Square Mile veteran Ian Mattioli MBE says a ‘feeding frenzy’ is raging through the City October 13, 2021 Mattioli Woods is undoubtedly one of the best known firms in the City. Founded in 1991 by Ian Mattioli and Bob Woods, the wealth manager floated on the LSE in 2005. These days, the group has around 600 employees that together manage around £12bn in assets for 10,000 clients. In an exclusive interview, City A.M. [...]