HSBC banker’s climate comments signal end to sustainable investing free-for-all, warns ESG pioneer May 23, 2022 The controversial comments made by HSBC’s responsible investing chief signal an end to the frenzied ESG marketing free-for-all seen in recent years, an ESG pioneer warned today.
G4S to face legal battle after judge approves triple killer’s negligence lawsuit May 23, 2022 A psychiatric patient, who killed three elderly men in Exeter, is suing security contractor G4S for negligence after the firm’s staff said he should be released from police custody. The London firm will now face a High Court trial after a judge rejected G4S’s argument that Alexander Lewis-Ranwell should not be able to bring forward [...]
The City View: Bailey bites back, and analysing Australian Labour Party victory May 23, 2022 Today Andy Silvester talks to City A.M. reporter Stefan Boscia. They go through the Labour victory in the Australian election, and, back in the UK, unpick the Tory party split over a proposed windfall tax on energy companies. In the economic and business news: BoE Governor Andrew Bailey has denied that the Bank’s actions during [...]
Hong Kong stock exchange to open US and Europe offices May 23, 2022 The Hong Kong stock exchange is planning to set up two new international offices in the US and Europe, in an effort to draw overseas investors back to the City state. Speaking to the South China Morning Post (SCMP) at Davos, Nicolas Aguzin, the head of Asia’s third largest stock market, said the new offices [...]
Grosvenor: Central London valuations ‘subdued’ amid Covid side effects May 23, 2022 Property investment firm Grosvenor is back in the black after better fortunes for its 300-acre estate in Mayfair and Belgravia. Owned by the Duke of Westminster, the multibillion-pound portfolio swung back into profit with a pre-tax profit of £327.5m, after posting a £322.8m loss in 2020. The Liverpool ONE shopping centre owner swung back into [...]
Sam Torrance: Justin Thomas weathered the storm to win US PGA Championship May 23, 2022 Justin Thomas completed an incredible victory at the US PGA Championship on Sunday night, but the foundations were laid over the first two days at Southern Hills. Thursday and Friday saw the kind of variation in weather that we are more used to seeing at the Open Championship, with four or five shots difference depending [...]
Photos reveal Johnson drinking at event where he was not fined by the Met May 23, 2022 Fresh photos have shown Boris Johnson toasting and drinking with staff members in Downing Street at an event that was investigated by the Metropolitan Police. The photos, published by ITV, show the Prime Minister drinking with several blurred out people in Downing Street on 13 November 2020 at what is believed to be a leaving [...]
Top Russian diplomat at the UN resigns: ‘Never have I been so ashamed of my country’ May 23, 2022 Russia’s Counsellor to the United Nations mission in Geneva has resigned saying “never have I been so ashamed of my country” because of the war in Ukraine. In a strongly-worded letter, Boris Bondarev quit his job saying it was “long overdue”, but after a 20-year career he was leaving the diplomatic service. He wrote he’d [...]
Over half of punters push back against government imposed gambling limits May 23, 2022 New data has revealed nearly two thirds of punters (65 per cent) believe there is a large or substantial risk that setting limits on the amount of money spent on betting would drive more people to the unsafe, unregulated black market online.
Amigo takes step towards lending again as court approves compensation for mis-selling victims May 23, 2022 Beleaguered loans firm Amigo took a major step towards resuming lending today as it won High Court approval for a compensation scheme for customers that were mis-sold loans by the firm. Amigo bosses confirmed this afternoon that the High Court had completed a hearing and the Judge would sanction a scheme that will see victims [...]
