City A.M. TV: Daily Market Snapshot (video) February 26, 2021 There was a sharp shift in tone in markets yesterday, with the back-up in bond yields causing significant disruption in the equity market. Of note, that disruption spread beyond the tech and growth sectors – with weakness in all 11 S&P500 sectors, all 24 S&P500 industry groups, and all the key US headline equity indices [...]
A catch-up strategy? How Government can give young Brits a boost in Budget 2021 February 26, 2021 A catch-up strategy? How Government can give young Brits a boost in Budget 2021
Twitter mulling subscription services and tipping features February 25, 2021 Twitter mulls over introducing new subscription features to provide monetary incentives to influencers
Ireland’s Aer Lingus appoints IAG Cargo head as new CEO February 25, 2021 Aer Lingus secures IAG Cargo head as it's new CEO after fighting for survival during the pandemic
Moderna expects $18.4bn in Covid-19 vaccine sales this year February 25, 2021 US based Moderna is expecting $18.4bn in sales after vaccine deals are successful with countries
David Cameron tells Sunak not to raise taxes in Budget next week February 25, 2021 Former Prime Minister David Cameron has urged Rishi Sunak not to hike taxes in next week’s Budget amid speculation he is set to increase corporation tax to help pay off the UK’s Covid spending. Cameron said increasing corporation tax “wouldn’t make any sense at all” before the UK’s economic recovery is further advanced and compared [...]
City A.M. TV: Daily Market Snapshot (video) February 25, 2021 City A.M. TV: Daily Market Snapshot (video)
Govt should step back and let free markets drive pandemic recovery, says CPS February 24, 2021 Centre for Policy Studies report argues for less government intervention by spending less.
UK vaccine rollout has no effect on latest BoE economic forecast, says Andrew Bailey February 24, 2021 The UK’s vaccine rollout and new roadmap out of lockdown will not affect the Bank of England’s 2021 economic forecast, according to its governor Andrew Bailey. Bailey said that the latest forecasts, which were done late last year, predicted that economically the UK would be “back to where we were” in early 2022 and that [...]
Pound soars to pre-pandemic heights against euro amid vaccine rollout February 24, 2021 Pound soars to pre-pandemic heights against euro amid vaccine rollout