CMC Markets: Meme-stock army is losing interest as trading falls June 13, 2023 Trading platform CMC Markets warned of a slowdown in trading on its platforms today as it revealed profits had fallen beyond 40 per cent in the year to the end of March.
“I’ll be back”: Boris Johnson deliberately misled parliament, Privileges Committee to say today – Reports June 13, 2023 Boris Johnson will reportedly be found on Wednesday to have deliberately misled MPs over parties in Downing Street during the pandemic. The Privileges Committee has rejected the former prime minister’s defence that senior officials advised him Covid rules and guidance had been followed in No 10, according to the Times. But Mr Johnson – who [...]
Volkswagen Grand California review: A holiday in Hotel California June 13, 2023 The Volkswagen Grand California 600 is a family-sized bus that’s more ‘glamper’ than camper. Tim Pitt goes on a summer holiday.
Start-ups are at the heart of our growth story – it’s time our politics reflects this June 13, 2023 From a niche of upstarts trying to make it, start ups have become the epicentre of London's tech ecosystem. This development needs to be firmly represented in our policies, writes Jeff Lynn
London thrives when it’s dealing with risk – just ask the insurers June 13, 2023 The City is at its best when it's dealing with risk - and regulators and policymakers need to catch up with the idea
London insurers provide cover for ‘critical’ oil recovery operation on stranded Yemen tanker June 13, 2023 LONDON’s insurance market can add a new feather to its cap – after coming together to facilitate a high-risk operation to prevent a stranded ship causing a potentially catastrophic oil spill. Insurance giant Howden was appointed by the UN’s Development Programme to arrange cover for a procedure that will see more than a million barrels-worth [...]
Bank of England ratesetter: Mortgage pain will affect our decision on interest rates June 13, 2023 The Bank of England’s decision on the interest rate will be shaped by the severity of the coming mortgage shock on households, according to one Threadneedle Street ratesetter. Catherine Mann, who sits on the Bank’s monetary policy committee, said that households had been “very resilient” in the face of inflation so far but said there are [...]
London Concours celebrates 50 years of Porsche RS cars June 13, 2023 London Concours marked the 50th anniversary of Rennsport with a dazzling display of 50 RS-badged Porsche sports cars.
Risk aversion is ‘endemic’ in UK, pensions chief warns June 13, 2023 The UK is in the grip of “endemic” risk aversion when it comes to investment, a pensions chief executive has warned yesterday. Tracy Blackwell, chief executive of Pensions Insurance Corporation, said the country needed to embrace the risk of the markets and look to divert capital into more productive areas of the economy. “How we [...]
Banks ditch sustainability as economic headwinds slows progress June 13, 2023 SUSTAINABILITY is falling down the list of priorities for many UK banks, after a new study found the number of banks stating sustainability was a key part of their business strategy had plummeted by 40 per cent in a year. Only 60 per cent of banking leaders in the UK say sustainability is an important [...]
