Inflation reaches 7 per cent as Brits fear cost of living crisis April 13, 2022 The Consumer Prices Index (CPI) rose seven per cent in the year to March, with Brits braced for sky-high price hikes across essential bills this spring. According to figures published by the Office for National Statistics (ONS) today, the largest contributions to the increase came from motor fuels, with no large offsetting downward contributions. The [...]
City Moves: Who’s switching jobs in the Square Mile? April 13, 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. LHV UK Fintech and crypto banking services provider LHV UK has bolstered its board with an independent non-executive director. Stepping onto the board at the beginning of May, Keith Butcher joins the City based firm with a raft [...]
Rishi Sunak’s weak stomach for a scandal could spell the end for Johnson April 13, 2022 When Boris Johnson catapulted a young upstart from Treasury minister to Chancellor of the Exchequer, he likely envisaged Rishi Sunak would be pliable and amenable to his insatiable desire for spending rather than the thin-skinned thorn in his side.
Indie music making moves thanks to vinyl and CD boost April 13, 2022 Indie artists are leading the way with record sales as vintage vinyls and CDs continue their comeback.
Scandals within the NHS have finally made us question the angelic halo of our doctors April 13, 2022 Much of the narrative around the health service over the past few years has depicted nurses as angels and doctors as living saints. Soap operas are helpful purveyors of this narrative. Perhaps the most famous is George Clooney as the charismatic Dr Ross in the long running American medical drama ER. Dr Ross, despite the [...]
As inflation pushes up prices, businesses should only hike them where it really counts April 13, 2022 Just as the impact of the pandemic was subsiding, inflation has risen to its highest rate since March 1992 – hitting 5.5 percent in January 2022. The Bank of England has projected that inflation will hit 7 percent by the spring. From freight rates to oil to furniture and groceries, prices are increasing dramatically. Many [...]
Knight Frank: UK house price growth will peak as cost-of-living climbs April 13, 2022 UK house price growth is thought to have peaked and will begin its descent away from record figures as the cost-of-living crisis in the country swells, researchers at Knight Frank forecast. With runaway inflation and rising energy bills, the list of obstacles in front of house buyers has continued to grow exponentially since the pandemic. [...]
English Cricket Board and KP under fire over The Hundred adverts April 13, 2022 Press Association The UK’s ad watchdog has warned the England and Wales Cricket Board (ECB) and its sponsor KP Snacks about directing junk food promotions at children after banning two adverts for The Hundred featuring crisps and toffee popcorn. The first ad, an email offering free bats and balls sent by the ECB to people [...]
Extinction Rebellion miss the point: the City is at the heart of climate fight April 12, 2022 They may not be everybody in the City’s cup of tea, but Extinction Rebellion certainly liven up the place. Yesterday’s protest outside the Lloyd’s building by lunchtime had a party atmosphere: the sight of a broker or two enjoying a takeaway pint in the sun listening to the group’s band was probably a Lime Street [...]
Retaliation not on the cards, say analysts, after western cyberattack on Roscosmos April 12, 2022 Russia’s space agency has reportedly been on the receiving end of a cyber-attack, with ransomware born out of its own country. As claims swirled last month, Roscosmos boss and Putin ally Dmitry Rogozin diffused statements made by the group of hackers, calling them “scammers and petty swindlers”. “All our space activity control centers are operating [...]
