End to ‘preighting’: European airlines no longer allowed to pack empty passenger planes with cargo April 20, 2022 Airlines across the European Union are no longer allowed to pack empty passenger planes with cargo, in a further sign that the aviation industry is recovering from the pandemic. The temporary exemption to allow so-called ‘preighting’ – using passenger planes to transport freight – was introduced during the pandemic as passenger flows dried up while [...]
1 Minute Market Rundown – 20th April 2022 April 20, 2022 | City Talk Russia – UkraineCrypto ConsolidatesPowell to Speak Later in the Week We highlighted Yen weakness as the current theme and that continues yesterday as the JPY slid to a 2 decade low against the USD trading above 129.00. Overnight and this morning we are seeing the USD pare back its losses – not all too unsurprising [...]
33 reasons not to invest in the stock market April 20, 2022 | City Talk Wars, natural disasters, economic strife, and pandemics – the last four decades have challenged and affected people’s attitude towards investing. In many cases they make an already tough decision to commit your money to investments even harder, leading some to not invest at all. Behavioral scientists have a name for this: loss aversion. They estimate [...]
Getting a 2.2 and studying English at university hits earnings potential April 20, 2022 Graduates that receive a 2.2 in their undergraduate degree risk losing out on future earnings compared to higher achieving students, reveals fresh research published today. The penalty for getting a lower second degree classification as opposed to a 2.1 is seven per cent lower earnings for women, according to the Institute for Fiscal Studies (IFS). [...]
Accelerating costs and higher tax bills knock employers’ confidence April 20, 2022 Swelling cost burdens and higher tax bills are eating into UK businesses’ confidence in the country’s economic prospects, reveals a fresh survey published today. Severe inflationary pressures sourced from the Russia-Ukraine war sending energy prices higher and ongoing supply chain disruption has muddied the outlook for the UK economy. The world’s economic watchdog, the International [...]
Downbeat IMF growth projections weigh on London’s top indexes April 19, 2022 London’s top indexes were weighed down today by the world’s economic watchdog downgrading its forecasts for the UK and global economy. The capital’s premier FTSE 100 index closed 0.2 per cent lower at 7,601.28 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dropped 0.75 [...]
Cost of living crisis to throttle UK economic growth, IMF warns April 19, 2022 A historic cost of living crunch that is being stoked by Russia’s invasion of Ukraine and strict lockdowns in China will disrupt Britain’s road to recovery, fresh forecasts published today by the world’s economic watchdog revealed. UK households are set to slash spending in response to rampant inflation eroding their living standards rapidly, choking growth [...]
Treasury revokes Moscow Stock Exchange status as ministers look to cut off funding April 19, 2022 The Treasury has announced plans to revoke the Moscow Stock Exchange’s recognised status today as ministers look to further cut off funding from flowing into Russian firms.
Putin stamps out foreign listings for Russian firms April 19, 2022 Russia is set to stamp out foreign listings for homegrown firms as Putin looks to close ranks in the wake of the invasion of Ukraine.
Alternative investments: predictable uncertainty in private markets April 19, 2022 | City Talk With experience, investment professionals acquire a better understanding of markets, become more confident of their abilities and conclude that they can interpret the world more precisely. The philosopher Karl Popper offered his take on the main issue with such determinism during a 1965 lecture titled ‘Of Clouds and Clocks: An Approach to the Problem of Rationality [...]