Alternative investments: predictable uncertainty in private markets April 19, 2022 With experience, investment professionals acquire a better understanding of markets, become more confident of their abilities and conclude that they can interpret the world more precisely. The philosopher Karl Popper offered his take on the main issue with such determinism during a 1965 lecture titled ‘Of Clouds and Clocks: An Approach to the Problem of Rationality [...]
Insurance sector launches hiring spree amid surge in flooding and Covid linked claims April 19, 2022 Vacancies for jobs in the insurance sector hit record highs at the start of 2022 on the back of a surge in claims linked to flooding and Covid-19. The UK’s biggest insurance companies posted more job ads in January than in any other month since the start of 2019, a new report from Vacancysoft shows. [...]
Crypto is shaking up the current world order April 19, 2022 The future, writes Nigel Green, is going to be radically different from what we have all experienced in our lifetimes so far.
More than 50 per cent of FTSE 350 board appointments in 2021 were women April 19, 2022 More than 50 per cent of board appointments to FTSE 350 firms last year were women, bringing the gender ratio closer to an even split. New figures from recruitment company MBS, show boardrooms are becoming more equal places, with a gain of 200 women in 2021, and men constituting 75 per cent of those having [...]
UK will not offer Indians more visas in post-Brexit trade talks April 19, 2022 The government will not allow more Indians to come to the UK through new visa routes in any UK-India free trade deal. City A.M. understands the prospect of special Indian visas has not been discussed in the first two rounds of trade negotiations and that international trade secretary Anne-Marie Trevelyan has not put the issue [...]
Aviation industry left in disarray after US judge overthrows Biden’s mask mandate on planes and trains April 19, 2022 The US aviation industry was left in disarray after a US federal judge overthrew President Biden’s mask mandate on public transportation, creating confusion among passengers and operators. The ruling, which was made yesterday by Florida judge Kathryn Kimball Mizelle, gives public transport operators the power to keep masks on or scrap them entirely forcing travellers [...]
Standard Chartered London HQ and global offices targeted by fossil fuel protests April 19, 2022 Standard Chartered has become the latest London-headquartered bank subject to climate change protests, as activists seek to stop investments in oil and gas. The nearly 170-year-old bank is the only bank in the UK facing a shareholder-proposed resolution on climate change at its annual this year. Despite protests erupting outside the British bank’s office in [...]
Government considers scrapping green levies as households face spiralling energy bills April 19, 2022 The government could scrap a green levy which adds £153 to the average energy bill to ease the cost of living crisis facing households.
Egg farmers threaten to stop production in price row with supermarkets April 19, 2022 Egg farmers have warned they could be forced to stop production after claiming the country’s biggest supermarkets are “suffocating businesses.” Farmers have previously called on supermarkets to raise the price of eggs as producers struggle with significant feed and energy cost increases. Now, the British Free Range Egg Producers Association (BFREPA) has said farmers may [...]
Pinsent Masons enters City bidding war after boosting pay for new lawyers to £92k April 19, 2022 Pinsent Masons has given newly qualified (NQ) lawyers working in its London offices a 22.6 per cent pay rise, in upping their salaries to £92,000 a year. The commercial law firm entered the fray by hiking pay for its freshly trained lawyers from £75,000 to £92,000 a year. NQs working in its regional UK [...]