Insurers suffer impacts of climate change as costs of natural catastrophes triple May 18, 2022 Insurers are now suffering 3.6 times more losses from natural catastrophes than they were three decades ago, according to new research, which suggests insurance companies are being hit by the impacts of climate change. Natural catastrophe events are costing insurers around the world 250 per cent more than they were 30 years ago, due to [...]
British factories’ costs climb at record pace in sign of even higher consumer prices to come May 18, 2022 Prices for materials used by British factories are rising at the quickest pace on record in a sign firms may be pushed to keep passing on costs to consumers, official figures published today revealed. The cost of buying components such as fuels used for the day to day running of manufacturing firms jumped 18.6 per [...]
Fuel hikes leave UK drivers with £700 less in their pockets May 18, 2022 Fuel prices spiking to record levels will leave UK drivers with £700 less per year, according to used car buying service ChooseMyCar.com. Figures revealed that the cost of filling up has increased by £25 per tank, resulting in a yearly range of between £525 and £700 for a car with an average mileage of 13,000 [...]
Digital is eating the world, but… May 18, 2022 Crypto AM columnist Dr Chris Kacher explains why patience is the key to successful cryptocurrency trading.
Ninety One reports record profits after £5bn inflows May 18, 2022 London-listed asset manager Ninety One reported record profits today after notching up £5bn inflows in the past year, despite a slowdown in the final quarter sparked by soaring inflation and war in Ukraine.
Alliance Pharma lines up GSK veteran as chairman seeks to step down May 18, 2022 Alliance Pharma is ushering in a GlaxoSmithKline (GSK) veteran to helm its board, as chairman David Cook readies to step down from the top position. Cook, executive director and chief financial officer of Ellipses Pharma, will step down from the non-executive role next year. He will depart after the London-listed healthcare group’s annual general meeting, [...]
Bank Holiday chaos as Tube workers prepare to strike during Queen’s Platinum Jubilee celebration May 18, 2022 Londoners might need to brace for a chaotic Bank Holiday as the union RMT announced a strike for the Queen’s Jubilee. Tube workers voted in favour of a 24-hour industrial action on 3 June at Euston and Green Park stations, which are set to be packed with people attending the Platinum Jubilee celebrations. The RMT [...]
Katy Perry is the new face of Just Eat Takeaway May 18, 2022 Popstar Katy Perry has been revealed as the new face of Just Eat Takeaway, stepping into Snoop Dogg’s shoes. In a new advert for the food delivery firm, the US singer has remixed the company’s ‘Did Somebody Say… Just Eat’ jingle. “Working with Just Eat was a really fun and natural experience. Coincidentally most of [...]
Zumo brings in new face as ‘Head of Growth’ May 18, 2022 Edinburgh-based cryptocurrency wallet and payments platform Zumo has appointed Jonathan Sepulchre as Head of Growth.
Morgan Stanley throws weight behind Thought Machine in $160m funding round May 18, 2022 Morgan Stanley has thrown its weight behind London fintech Thought Machine in a $160m funding round announced today, as the London-based cloud banking firm gears up for international expansion.
