Majority of UK tenants prepared to pay more for furnished homes July 14, 2021 A furnished rental home can improve your chances of finding a tenant and may increase the monthly level of rental income secured, according to new research by Manor Interiors. The firm have found that over a quarter of UK tenants would more likely view a rental property if it was already furnished. Another 26 per [...]
Bank of England staff to come in one day a week July 6, 2021 Government guidelines regarding working from home is set to be scrapped on July 19th along with many other restrictions. Bank of England has asked all staff to come in to the office once a week, but this is not to be fully implemented until September, this year. The deputy governor and chief operating officer, Joanna [...]
Covid-19, one year later: Capital markets entering uncharted waters July 6, 2021 | City Talk CFA Institute conducted a survey of its global membership to analyse the effects of the current economic crisis caused by the Covid-19 epidemic on financial markets and the investment industry. The survey was run worldwide from 8 to 28 March 2021. Now we are releasing the survey report: COVID-19, ONE YEAR LATER. This research constitutes the second iteration [...]
5 Myths about Women and Investing June 29, 2021 | City Talk I recently participated in a lively podcast with two fellow women in investing, Jane Barratt, who is chief advocacy officer of the fintech MX, and Meredith Jones, author of ‘Women of The Street: Why Female Money Managers Generate Higher Returns’. Our conversation, hosted by alternative investment platform YieldStreet, explored some of the misconceptions about women and investing. These are abridged [...]
New £50 note featuring WW2 codebreaker Alan Turing enters circulation June 23, 2021 A new £50 banknote celebrating mathematician Alan Turing, whose codebreaking skills helped Britain win WW2, entered circulation today. Turing is best known for designing machines to decrypt coded messages during WW2, as well as making discoveries in developmental biology. “Placing him on this new banknote is a recognition of his contributions to our society, and [...]
Soaring house prices and stock markets push wealth per adult to record £57,598 June 22, 2021 Despite the pandemic impact on economies around the world, global household wealth hit a new record last year, primarily due to soaring house prices and rebounding stock markets. The latest global wealth report by investment giant Credit Suisse showed today that wealth per adult rose 6 per cent last year, to hit a record £57,598. [...]
T-Shaped Teams and the Three Stages of AI Adoption June 22, 2021 | City Talk AI and data science will probably bring about the most significant changes to the financial services industry that the industry has witnessed in its short history. Yet, today, many financial institutions are still struggling to find their way to start the AI journey1. We propose a concept called T-shaped teams (See Exhibit 1) as the [...]
Analysts warn Rishi Sunak: Treasury’s pensions raid could be ‘hugely risky’ June 21, 2021 The Treasury is eyeing pensions taxation as one way to pay for the cost of the pandemic, it was reported this morning. Although there are no plans to make changes to the triple lock, the Treasury is looking at three ways to change the ways in which pension contributions are taxed, which some analysts have [...]
Treasury planning ‘pensions raid’ to pay for pandemic costs June 21, 2021 The Treasury is looking at pensions taxation as one way to pay for the cost of the pandemic, although there are no plans to make changes to the triple lock. The Treasury is looking at three ways to change the ways in which pension contributions are taxed, the Telegraph first reported. Government is reportedly looking [...]
Are we now on the road to net-zero? June 18, 2021 | City Talk We spoke to climate change specialists Simon Webber and Isabella Hervey-Bathurst for their views on the IEA’s latest report. Climate change and the transition from fossil fuels to sustainable energy is arguably the most pressing issue facing the world today. Addressing the issue of how the world produces and consumes energy, and the measures that [...]