City A.M. Awards 2022: Environmental, Social & Governance Award April 1, 2022 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]
Camelot to launch high court challenge over National Lottery contract loss April 1, 2022 Camelot is launching a legal challenge against Britain’s gambling regulator after the lucrative National Lottery contract was awarded to Allwyn.
Letters: Regulation can help not hinder April 1, 2022 [Re: Treasury prepares to unveil new UK rules for crypto industry, March 29] Chancellor Rishi Sunak’s plans to regulate digital currencies should be welcomed throughout the ecosystem for four reasons. First, we believe regulation is reassuring for many customers. Reassurance should encourage further adoption and competition by democratising access to complex products and lowering barriers [...]
Growth in UK manufacturing sector plummets to 13-month lows April 1, 2022 Growth in the UK’s manufacturing sector has plunged to its lowest levels in more than a year, due to the impacts of soaring inflation, supply shortages, and the war in Ukraine. The rate of expansion in the UK’s manufacturing sector has dropped to its lowest levels in 13 months, according to S&P Global’s Purchasing Managers [...]
Prince Andrew ‘received £1m linked to Turkish fraudster’, High Court hears April 1, 2022 Prince Andrew is involved in a High Court legal row in which he is alleged to have received over £1m linked to a Turkish fraudster. The Queen’s second son and Duchess Sarah, both 62, are alleged to have taken money from ex banker, Selman Turk. It is understood, according to The Times, this includes £750k [...]
BNP Paribas bags majority stake in Dutch asset manager April 1, 2022 BNP Paribas Asset Management has acquired a majority stake in Dutch asset manager and specialist lender Dynamic Credit Group. The deal brings the total assets under management to €20bn for BNP AM’s private debt and real assets investment division. BNPP’s David Bouchoucha said the deal “marks an important step” in the development of the French [...]
Explainer-in-brief: A fertiliser win for farmers – even if it stinks April 1, 2022 British farmers have won a battle over manure in a bid to find alternatives to increasingly unaffordable and scarce chemical fertilisers. Fertiliser costs have been steadily going up, with the last spike following Russia’s invasion of Ukraine. The government had previously banned using manure as a fertiliser last autumn. This decision was taken following concerns [...]
1 Minute Market Rundown – 1st April 2022 April 1, 2022 Russia – UkraineQ1 finally behind usCrypto consolidates Well we can finally put Q1 behind us. A war few expected to happen, nominal yields had a move not often seen, oil soaring and stocks…well that’s a bit more mixed as looking at the S&P performance on the quarter you would be forgiven if you forgot how [...]
Green energy pioneer and former New Age traveller Dale Vince steps down from Ecotricity April 1, 2022 Green energy pioneer and former New Age traveller Dale Vince has said he is stepping down as chief executive of wind power company Ecotricity to pursue a career in politics. Vince, who founded Ecotricity in 1995 while living in an old army truck in Gloucestershire, said he plans to sell Ecotricity to new owners, with [...]
Starmer brands Tory response to rising cost of living ‘pathetic’ as windfall tax on energy firms rekindled April 1, 2022 Boris Johnson’s government’s response to energy price rises has been “pathetic”, as he rekindled Labour’s bid for a one-off windfall tax on oil and gas firms in a bid to reduce bills. This comes after millions of households were plunged into fuel poverty today caused by the uplift to the cap on energy bills sending [...]