British businesses miss out on productivity gains by shunning trade January 18, 2022 British firms are missing out on productivity gains by shunning overseas trade, according to one of the UK’s leading business bodies. Just one in 10 British businesses are involved in overseas trade, reveals a fresh study published by the British Chambers of Commerce (BCC) yesterday. Firms that are involved in exporting and importing goods and [...]
Inflation to near 30-year high as Brits prepare to tighten their belts January 17, 2022 The cost of living in Britain will swell to its highest level in nearly three decades, some of the City’s leading economists warned today. Soaring energy bills, compounded by a sharp rise in the price of second-hand cars and petrol costs, will drive inflation to 5.3 per cent, according to Sanjay Raja, Deutsche Bank’s senior [...]
FTSE 100 breaks another post-lockdown record by breaching 7,600 mark January 17, 2022 London’s premier index smashed another post-lockdown record yesterday in a sign investors are looking through the Covid-19 crisis. The FTSE 100 closed 0.91 per cent higher yesterday, breaching the 7,600 mark for the first time since January 2020. Sentiment was boosted by international investors waking up to the fact that large swathes of companies listed [...]
Bankers prepare £25bn package as private equity firms circle GSK January 17, 2022 Bankers are putting together major financing packages in preparation of a potential private equity bid for GlaxoSmithKline’s consumer healthcare business.
Russia pushes the West to hurry up with Nord Stream 2 pipeline approval January 17, 2022 The Kremlin has the West to not drag its feet with the certification process for the Nord Stream 2 gas pipeline.
Digital M&A activity raised record $87bn in 2021, says Ciesco January 17, 2022 Deal making activity in the technology, digital, media and marketing sectors jumped 56 per cent to $87bn in 2021 according to new data.
Gold glints with opportunity as Federal Reserve mulls interest rate hike to combat rising inflation January 17, 2022 Impending increases in US interest rates could power gold’s performance over the coming weeks according to market analysts, with prices currently treading water at just over $1,820 per ounce.
What should you look out for ahead of Q4 US earnings season? January 17, 2022 | City Talk US reporting season US earnings season started the week beginning the 10th of January, 2022 and will stretch until the middle of February. What are profits looking like? The S&P 500 is tipped by analysts to deliver another robust quarter of earnings growth. According to financial data company FactSet, the market ought to deliver earnings growth of [...]
How could you invest to beat inflation? January 17, 2022 | City Talk With rising inflation, many are starting to see how investing their money can lead to better returns. On New Year’s Day, many kickstart January with a New Year’s resolution. Some give up chocolate, while others exercise more. A few take up a new hobby. But a handful resolve to spend less and save more money. [...]
Cornwall Insights criticises consumer price cap in wider call for long-term energy market reforms January 17, 2022 Cornwall Insight's chief executive has criticised the consumer price cap, as he publicly calls for reforms to the energy sector to address the current crisis.