Goldman Sachs profits plunge as dealmaking boom falters April 14, 2022 Wall Street giant Goldman Sachs reported a plunge in profits and slashed bankers paypackets in the first quarter of the year as the post pandemic dealmaking boom finally faltered.
Rolls-Royce SMR – Pioneering the new wave of small reactors April 14, 2022 | Sponsored Tom Samson CEO Rolls Royce SMR Rolls-Royce SMR was created six years ago with a small, driven team of 15. Their goal was to create a ‘low-cost, deliverable, global, sustainable and investible” small nuclear reactor. Now the fast growth of the SMR business has seen the payroll expand to more than 350 employees and the [...]
UK needs nuclear investment at speed and at scale April 14, 2022 | Sponsored Tom Greatrex, CEO Nuclear Industry Association The UK faces the triple challenge of ensuring our energy security, decarbonising our economy, and creating good jobs in all parts of the country. Gas is our leading source of home heating and electricity generation, and half of that is imported at spiralling prices. Fossil fuels still account for [...]
ECB leaves interest rates unchanged as it commits to speed up stimulus exit April 14, 2022 The European Central Bank has announced it will leave interest rates unchanged at zero per cent today as it breaks rank with central banks that have hiked rates in recent weeks to tame rampant inflation.
1 Minute Market Rundown – 14th April 2022 April 14, 2022 | City Talk Russia – UkraineChina Indicates Looser Monetary PolicyCrypto ConsolidatesECB in Focus We have spoken about the path of least resistance being the USD higher, yields higher and risk lower. Thus naturally it made sense that we saw the total opposite yesterday… We saw, in our minds, a relief rally across the board heading into the ECB [...]
PensionBee announces shift to London’s top market as it eyes up profitability this year April 14, 2022 Pensions fintech PensioneBee has announced a shift on the London Stock Exchange’s main market today as it eyes up profitability this year.
How accountancy can help advance the global economies of tomorrow April 14, 2022 Society’s expectations of business and governments have shifted with speed and intensity. This has been driven by the profound impacts of Covid-19, compounded by deeply alarming threats to peace and prosperity from the war in Ukraine and conflict elsewhere. The humanitarian cost is devastating, while economic growth, public debt and wellbeing have all been adversely [...]
Sky-high inflation forces Brits to raid pandemic savings April 13, 2022 Brits are being forced to run down their pandemic-induced savings to maintain spending amid historically steep inflation, reveals fresh figures published today. Pay is trailing behind the rate of price rises, meaning households are having to raid their war chests to maintain living standards. Over one in two Brits have already drawn from their savings [...]
Supermarkets drag down London indexes on spending jitters April 13, 2022 London’s top indexes were muted today as investors ditched shares in supermarkets despite Tesco posting bumper profits. The capital’s premier FTSE 100 index edged 0.05 per cent higher to 7,580.80 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dipped 0.12 per cent to 20,984.45 [...]
Pressure builds on Bank of England to tackle 30-year high inflation print April 13, 2022 Pressure on the Bank of England to get serious about tackling historic high inflation intensified today as analysts warned the cost of living could reach double digits this year. Prices are already rising at the fastest pace since 1992, climbing seven per cent over the last year, according to figures released by the Office for [...]