Insulate Britain suspends road protests ahead of COP26 climate summit October 15, 2021 Insulate Britain will suspend its demonstrations until October 25. It announced its decision yesterday to stop campaigning in an open letter written to the Prime Minister. They said that the protests were being suspended ahead of the UN’s COP26 climate conference. The UK is hosting the summit in Glasgow from 31 October to 12 November, [...]
Xi set to snub summit on climate crisis October 15, 2021 Chinese President Xi Jinping will not attend the COP26 climate conference in person. The Times has reported that the Prime Minister Boris Johnson has already been told of Xi’s upcoming absence. The UK is hosting the global summit in Glasgow later this month and over a hundred world leaders are expected to show up. It [...]
Exclusive: Most investors believe Brexit will make UK more attractive place to do business October 15, 2021 More than half of all investors from the UK, US and Germany believe Brexit, and the need therefore for the UK to secure new trade deals and support businesses, will make the overall business environment in the country more attractive over the next three years. Only one in five (22 per cent) expect it to [...]
To see the vaccine in action, we need to stop counting Covid deaths – CityAM : CityAM October 15, 2021 In the late 1940s, Austin Bradford Hill and Richard Doll began interviewing hundreds of hospital patients, half of whom had lung cancer while the other half had various other diseases. Their research, published in 1950, showed that 99.7 per cent of the male lung cancer patients had a history of smoking. Out of 649 patients, [...]
Brexit: Frost to discuss Northern Ireland Protocol proposals on Friday with EU October 14, 2021 Defacto Brexit minister Lord David Frost will meet with his EU counterpart tomorrow in a bid to bridge the “substantial gap” between the UK and EU on the Northern Ireland Protocol, the British government has said tonight. A UK government spokesperson said the EU’s new proposals on how to implement the protocol were proof of [...]
Labour is a ‘low tax party’, claims senior shadow minster October 14, 2021 Labour is now the UK’s “low tax party” after a series of tax hikes by the government, according to shadow health secretary Jonathan Ashworth. Ashworth said that Rishi Sunak’s They’ve just put up tax, haven’t they, just imposed a tax rise on everybody and yet they don’t seem to have given a fair allocation of [...]
US Tech start-ups raise $500bn in a year amid IPO boom October 14, 2021 Tech start-ups have raised a record $582.5bn from US IPOs this year amid a wave of listings according to data from PitchBook. Start-ups that completed initial public offerings, direct listings or deals with special purpose acquisition companies raised $513.6bn in the year ending September 2021 according to data first published in the FT. A total [...]
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 [...]