To trust the free markets with our pensions, we need to know what we’re talking about February 25, 2022 Do you know how much is in your pension? And how much will need to be in there to give you the retirement? I’m prepared to bet that even some of the super-savvy readers of CityA.M. might answer “no” to at least one of those. If so, you’d be in good company. Most people don’t [...]
Behind the story: the cost of living crisis and war in Ukraine February 25, 2022 Britain is more sheltered than other countries from the massive spike in energy prices that could unfold as a result of Europe’s overreliance on Russian gas. Customers in the UK will at least in the short term be protected from higher prices by the energy price cap. But if the cost of energy continues to spiral [...]
Darktrace: Dips and Dives February 24, 2022 For a cyber security firm Darktrace’s reputation has been anything but secure. As Jack Stockdale, CTO and founding partner, told City A.M.: “One minute you can be the tech darling, the next minute you’re not. Then, suddenly, you are again!”
Boris Johnson’s sanctions tread on almost no one’s toes February 24, 2022 IF you’re going to talk the talk, you better be able to walk the walk; it is a helplessly overused cliché, but as Boris Johnson tries to assert a firm hand of Global Britain with economic sanctions against Russia, it is the simplest words that ring true. Over the last few weeks, the prime minister [...]
Letters: Donald Trump’s truth or dare February 24, 2022 [Re: Trump’s new social media platform tops Apple app store, Feb 21] Donald Trump’s “Truth Social” app has launched and has trajected itself to the top of the app store through the power of curiosity. This momentary blip of interest will likely be followed by challenges. The app is a thinly-veiled replica of Twitter rather [...]
Johnson wanted to build a bridge to Ireland but can’t build enough homes February 24, 2022 Of all the mistakes made during the Referendum campaign by Team Remain, former Chancellor George Osborne was guilty of a whopper in May 2016. A month before people cast their vote, the Tory numbers man warned that Brexit could knock 18 per cent off house prices. At least one younger commuter on the train home [...]
Like it or not, buy now pay later will cleave customers away from credit companies February 24, 2022 For some, buy now, pay later has become a dirty term. Instead of looking at the positives the industry is bringing, not only to consumers, but the wider economy, buy now, pay later schemes have been branded a new version of “wonga” loans, by some or even used as an insult to throw around amongst [...]
Businesses have the power to fix their own board diversity problems without quotas February 24, 2022 The business case for creating diverse leadership teams based on people’s experience, hard-work and achievements, rather than their background or gender, is obvious. You would find it hard to track down any credible academic, researcher or business expert across the world who disputes this. Put simply, businesses are more innovative, prosperous and profitable, when they [...]
Analysis: Scholz’s orange light for Nord Stream 2 February 23, 2022 German Chancellor Olaf Scholz’s decision to suspend the approval process for Nord Stream 2 following Russia’s decision to instigate conflict in Ukraine was both an emphatic display of solidarity with the West, and also a canny political move, reflecting the savviness of Angela Merkel’s successor. The choice allowed him to present a united front with [...]
Ukraine is the victim of Europe’s refusal to wean itself off of Russian gas February 23, 2022 Either you master history or history masters you. Decades worth of political risk analysis can almost always be boiled down to this aphorism. In the case of Europe’s dealings with Valdimir Putin, rather than mastering history, Europe has vainly tried to take a holiday from it; we’re now watching the doleful results. First, let’s dispense [...]