‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Cost of living crunch looms as retail sales continue to fall April 22, 2022 The UK’s cost of living crisis is increasingly showing signs in consumer spending habits, with retail sales volumes continuing their descent, according to the latest figures. Sale volumes shrank by 1.4 per cent in March 2022, following a fall of 0.5 per cent dip in February. However, sales volumes were 2.2 per cent above their [...]
City Moves: Who’s switching jobs in the Square Mile? April 22, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. BDO BDO has bolstered its financial services team with a new partner, which will be the accountancy and business advisory firm’s fifth dedicated finserv partner in the last year. Rahoel Patel, who joins the firm’s transaction services team, brings more than 15 years’ experience of advising both [...]
Global consumers hold back on lifestyle changes to shrink carbon output, says Ipsos April 22, 2022 Despite climate-anxiety on the rise, global consumers are holding back on making the lifestyle changes necessary to dial back their carbon emissions, according to a new study by one of the world’s largest market researchers. Around 45 per cent polled are mulling making the switch to a low-carbon heating system for their homes, Ipsos found. [...]
Chatbot matrixes are an outdated betrayal of the strengths of our tech capabilities April 22, 2022 Have you ever solved your problem with the British airways chatbot? I certainly haven’t. It’s a trivial, and perhaps first-world gripe, but it was a startling experience to struggle with what should have been a straightforward problem as a result of clunky tech.
Everything you were afraid to ask about the metaverse April 22, 2022 This article first appeared in ICAS’ CA Magazine. It recently hosted its first wedding, with a guest list of thousands. It may soon see CAs send digital avatars to clients’ virtual offices. But will the metaverse really reshape business or be just a niche preserve of gamers? Christian Koch investigates. The metaverse is coming… “Who [...]
Brits already cutting spending amid cost of living squeeze April 22, 2022 Predictions that the historic cost of living crunch will trigger a sharp pull back in spending look nailed on come through, two surveys suggest. Around one in three households have already cut spending just four months into the year, consultancy KPMG said today. Brits are forgoing discretionary purchases in response to greater pressure on their [...]
Rain Newton-Smith interview: Go for growth to turbocharge economic resilience April 22, 2022 Everyone knows the dismal time the UK economy is in for over the coming year – but let’s recap. Living standards are scheduled to fall at the steepest rate in 66 years as a result of wages failing to keep pace with an average annual inflation rate of over seven per cent, according to the [...]
Self-confidence has left Nato and Britain unprepared for a threat against the alliance April 22, 2022 Earlier this week, General Sir Richard Barrons warned the Defence Select Committee that the United Kingdom (UK) would not be ready if Russia attacked British territory or that of Nato allies. Since 1949, the government has pledged to defend the North Atlantic Treaty Organisation alliance. Although one nuclear-armed peer is unlikely to attack another, the [...]
London boost for Lime as Uber includes e-scooters offering April 22, 2022 Lime e-scooters are available to hire via the Uber app, the two companies announced today. The e-scooter offering – available for Londoners and those living in Milton Keynes – follows that of e-bikes, which already already available on the app. Prices will start at £1 to unlock, charing between 15p and 19p per minute to [...]
Education for all is the key at Crypto AM’s Bootcamp April 21, 2022 The two-day course, aimed at all skill levels, will be held at Canary Wharf’s The Boisdale, Cabot Square, on Tuesday April 26 and Wednesday 27.
