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Money

  • Over 1m Brits in debt to predatory loan sharks amid cost of living crisis

    March 21, 2022

    An estimated 1m Brits have fallen victim to predatory local lenders because they are unable to cover basic costs according to fresh data.

  • Capital punishment: private sector sanctions in Russia

    March 21, 2022  |  City Talk

    The corporate response to Russia’s invasion of Ukraine is representative of a wider shift in the role of the private sector in society. Russia’s invasion of Ukraine is first and foremost a human tragedy and has far-reaching consequences for millions of people. Our thoughts are with those caught in the atrocious situation, those that have [...]

  • Hospitality chiefs call on Sunak to reverse VAT hike or leave London businesses ‘unviable overnight’

    March 20, 2022

    Hospitality heads have said the government’s plans to increase VAT from current rates of 12.5 per cent to highs of 20 per cent at the start of next month will see some London businesses “become unviable overnight.”  Industry chiefs warned that Chancellor Rishi Sunak’s plans to hike consumer taxes on food, soft drinks, accommodation, and [...]

  • Exclusive: Aspire chairman Paul Farrer warns Brits ‘not to walk blindly into four day week’

    March 20, 2022

    From a healthier work/life balance and greater job flexibility to giving employees the freedom to spend more time with their family or even focus on a side hustle, the potential advantages of the four day working week are huge. Businesses could stand to benefit too, with happier, more productive and focused staff. Amid record level [...]

  • Tactical asset allocation: the flexibility advantage

    March 15, 2022  |  City Talk

    Strategic asset allocation (SAA) determines long-run exposure to systematic risk factors. That said, current changes in monetary policy in many developed and emerging countries as well as the stage of the business cycle warrant tactical considerations. The tactical overlay strategy should generate added value by temporarily deviating from the weights assigned in the SAA process. [...]

  • Price pinch: Most Brits financially struggling or worried as inflation rises and Ukraine war rages

    March 14, 2022

    Almost 60 per cent of Brits either struggling financially, or concerned about money in the near future, due to Russia’s war in Ukraine and the cost of living crisis. The economic effect of the conflict has exacerbated the rise in energy and food, against the backdrop of increasing inflation, which is set to exceed the [...]

  • Gold and silver tumble as central banks ready interest rate hikes

    March 14, 2022

    Gold and silver prices slipped this morning as looming interest rate hikes and growing optimism of a ceasefire led investors to flee safe haven assets.

  • 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 [...]

  • Nearly half of all Brits fear inflation may rise more than Bank of England prediction

    March 9, 2022

    About two-fifths of people polled recently have a more pessimistic view about rising inflation than the Bank of England, it has been revealed. Despite the Bank’s prediction of a seven per cent spike in Spring, 39 per cent of respondents to a survey by HR software provider CIPHR thought it would be eight percent or [...]

  • Ukraine war boosts Bitcoin and green stocks as crypto helps Russians and oligarchs to get funds out

    March 1, 2022

    Talks in Belarus between the Ukrainian and Russian committees yesterday were overshadowed by the intensifying military fight in Ukraine. Putin, who seems frustrated with the Ukrainian resistance, and the Westerns sanctions imposed sanctions to the West on his turn by closing its airspace to 36 countries and banning its residents from transferring hard currency abroad. [...]

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