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Markets & Economics

  • Exclusive: ‘Nuclear has a lot going for it while net zero will simply not happen’, says sceptical environmentalist Bjorn Lomborg

    February 22, 2022

    Bjorn Lomborg is not your typical environmental thinker. A former Greenpeace activist, he is now frustrated with the state of our climate change debate – calling for constructive solutions rather than apocalyptic predictions. So what are Lomborg’s solutions? City A.M.’s Michiel Willems finds out. There is a lot to do about nuclear energy at the moment. [...]

  • All aboard the crypto train?

    February 22, 2022  |  City Talk

    Are you a wealth manager who believes bitcoin and other cryptocurrencies are a passing fad or worse? You’re not alone. But you also may want to reconsider. The wealthiest clients certainly don’t agree and they are voting with their wallets. In fact, 72% of high-net-worth individuals (HNWIs) have invested in crypto, according to the 2021 [...]

  • Government interest bill hits highest ever level for a January

    February 22, 2022

    The government’s interest bill swelled to its level ever for a January since records began in the late 1990s as inflation burns a hole in the UK’s public finances. The amount the government spent on servicing its debt hit £6.1bn last month, up £4.5bn over the last year, according to the Office for National Statistics [...]

  • Germany suspends Nord Stream 2 pipeline as Russian troops push into Ukraine

    February 22, 2022

    German chancellor Olaf Scholz has halted the approval process of the Nord Stream 2 pipeline as Russia ramps up tensions in Ukraine.

  • Johanna Kyrklund: Putin and the Fed remind us what risk looks like

    February 22, 2022  |  City Talk

    Ski holidays are not relaxing at the best of times, especially with children. There is the fretting about injuries – I am thankful when we finish each day unscathed. There is the infuriation of getting children into their clothes and ski boots each day. That’s not even to mention the pain of Heathrow passport control. [...]

  • Oil closes in on $100 milestone as Putin orders Russian troops into Ukraine

    February 22, 2022

    Oil prices are surging on both major benchmarks amid growing fears of tightening supplies and conflict in Ukraine.

  • Farmers sound alarm as more than 40,000 pigs are culled and meat thrown away due to Brexit and pandemic

    February 22, 2022

    An estimated 200,000 pigs are backed up on farms because of a lack of skilled butchers to process them, while 40,000 animals have already been culled and their meat thrown away, farmers said this morning. Farming needs “certainty, commitment and consistency” from the Government to avoid more crises like the one engulfing the pig industry, [...]

  • Exclusive: Good Energy chief slams poorly run companies in worsening market crisis

    February 22, 2022

    The energy crisis has been worsened by poorly managed energy firms and price competition, argues Good Energy boss Nigel Pocklington.

  • Public sector debt climbs to record £2.32 trillion: 94.9 per cent of Britain’s GDP

    February 22, 2022

    Government borrowing hit a surplus of £2.9 billion in January, reversing a £2.5 billion deficit in the same month a year earlier, according to official figures published this morning. The Office for National Statistics (ONS) said public sector borrowing from the end of March to December was £138.5 billion – the second highest since records [...]

  • Follow the money: Property market’s peak starts to push investors towards startups and small businesses

    February 22, 2022

    Investment habits have changed rapidly over the last few years in the UK, with individuals leaning on investments to provide them with passive income. Property investing has been seen as a stable investment over the past decade. The UK housing market has registered substantial growth over the past few years, causing property investing to become [...]

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