Which direction will the UK’s economic weather vane blow in 2022? January 6, 2022 It’s fair to say the last two years have been a turbulent one for the UK economy. The pandemic has upended working practices, supply chains and the monetary policy playbook. With the emergence of the Omicron variant leaving the spectre of coronavirus hanging over the country, it’s fair to say the British economy is not [...]
Crypto crime raised a record $14bn in 2021, says Chainalysis January 6, 2022 The crypto market boomed in 2021 with transaction volumes topping $15.8tn (£11.6tn) as new investors flooded into the digital asset market.
Ten insightful books for value investors January 6, 2022 | City Talk Here on the Schroders value team, we’re always looking for an opportunity to gain an investment edge. Books don’t necessarily need to be directly connected to investing in order to help us find new insights. Here, we consider a variety of books that we think can offer useful perspectives to investors. Juan Torres Rodriguez suggests [...]
Electric vehicle registrations provide much-needed momentum for car manufacturers in 2022 January 6, 2022 A historically strong year for electric vehicle registrations provided some sparks of life to an otherwise morbid domestic car market in 2021.
Petrol retailers accused of ripping off motorists over Christmas January 6, 2022 Petrol retailers failed to pass on wholesale price savings to UK customers last month, according to data from RAC Fuel Watch.
British businesses prepare to hike prices en masse January 6, 2022 British businesses are bracing for a cost assault by preparing to hike prices, reveals fresh research released today. Almost three in five firms expect to lift prices in the next three months, the highest proportion ever recorded, according to the British Chambers of Commerce (BCC). Intention to lift prices is seeping into most corners of [...]
City firms shake up UK jobs market but stalling change cuts off routes to higher pay January 6, 2022 City firms are changing the landscape of the UK jobs market, reveals a fresh study released today. Over the course of the last decade, the professional services sector underwent the biggest structural shake up of any other in the UK economy, according to the economic think tank the Resolution Foundation (the Foundation). In the last [...]
Let’s dance: Bowie deal won’t be the last, says Coutts January 6, 2022 THE NEW year saw another bumper music deal in the headlines, with David Bowie’s songwriting catalogue sold to Warner for an estimated £200m.
London markets open flat as travel sector rally loses steam January 5, 2022 London markets posted a mixed performance yesterday as a rally among travel and airline stocks lost some steam. The capital’s premier FTSE 100 index closed 0.16 per cent higher at 7,516.87 points, while the mid-cap FTSE 250 index, which is more aligned to the health of the UK economy, lost 0.53 per cent to finish [...]
Oil prices stabilise despite OPEC+ sticking to raised output targets January 5, 2022 Oil prices rose above $81 per barrel on Wednesday after OPEC+ opted to maintain its agreed output target rise for February.