Powell signals Fed will raise rates by half-point in May April 21, 2022 Jerome Powell, chairman of the Federal Reserve Bank, has confirmed his intention to act swiftly to tame soaring inflation.
Displayed in Chelsea: The 8 coolest cars at Salon Prive London April 21, 2022 Salon Prive London is the capital’s most exclusive motoring event. We sample the champagne – and check out the latest supercars.
Exclusive: Six-in-ten Brits want to level down London April 21, 2022 Almost six-in-ten Brits want to level down London by shuffling jobs and government funding from the capital to the rest of the UK, according to new polling. Polling by BMG Research, and commissioned by City A.M., shows 25 per cent of people strongly support reducing “funding, jobs and opportunities” in London to “increase them in [...]
Gaucho and M boss: Eat out with a clear conscience – or just eat at home April 21, 2022 THE owner of working lunch institutions Gaucho and M has said he’d rather eat at home if he can’t eat out with a clear conscience.Martin Williams, the restaurateur behind Rare Restaurants, told City A.M. yesterday that he would only be serving carbon-neutral beef from now on as consumers demand more from where they’re eating. “Our [...]
UK regulators order JP Morgan to review risk management April 21, 2022 A UK regulator has instructed JP Morgan to review its approach to risk management amid a crackdown on reporting procedures of banks.
Bailey: Bank of England walking ‘tight line’ on taming inflation and hitting growth April 21, 2022 The Bank of England is walking on “a very tight line” between taming inflation and heaping greater woe on the UK economy. That’s according to Andrew Bailey, the governor of the Bank of England, who, speaking to the Peterson Institute today, added that the historic high cost of living is going to result in “very [...]
Octopus urges landowners to register interest in onshore wind turbines for new energy scheme April 21, 2022 Octopus Energy Generation (Octopus) is encouraging land owners to register interest in onshore wind turbines, match with community demand.
Lawyers value culture and friendships over cold, hard cash, new report says April 21, 2022 Lawyers place more value on culture and friendships with colleagues than they do on cold, hard cash, according to new data from Reuters. A survey of 900 lawyers found those who planned to stay with their firms were more likely to cite their colleagues, firm’s culture, and the quality of their work as their reasons [...]
UK crypto investors realised gains worth £6.2bn last year April 21, 2022 UK investors bet big on the crypto market last year realising gains worth £6.2bn fresh analysis has revealed.
Former BNP Paribas banker denies terrorising colleagues during $4m employment tribunal April 21, 2022 A former BNP Paribas banker has denied terrorising his colleagues, after filing a $4m (£3m) lawsuit against the financial firm. Former BNP Paribas exec Omar Alami is seeking $4m in compensation for unfair dismissal, after he was fired for humiliating his co-workers in 2019. The ex-head of equity derivatives sales denied “insulting” his colleagues, [...]