BlackRock ramps up ESG offer to help clients navigate net zero transition February 3, 2022 The world’s biggest asset manager BlackRock is planning to ramp up the amount of products and services it offers to help investors “navigate, drive and invent” the transition to net zero.
Paypal shares down 25 per cent as 4.5m illegitimate accounts shut down February 3, 2022 Paypal has closed 4.5m illegitimate accounts and lowered its new customer forecast causing shares to lose a quarter of their value overnight.
Borrowers ‘needn’t panic just yet’ after interest rates hike February 3, 2022 Real estate experts have said a rise in interest rates is “unlikely to dampen motivation to move” despite warnings that the news signals higher mortgage costs down the line. The Bank of England has hiked rates at successive meetings for the first time since 2004, with a majority of the Bank’s rate setters voting to [...]
Biden: US has taken ISIS leader “off the battlefield” in special forces operation February 3, 2022 US President Joe Biden has said American military forces have “taken off the battlefield” the leader of ISIS. Abu Ibrahim-al Hashimi al-Qurayshi was targeted in an operation in northwest Syria. “All Americans have returned safely from the operation. I will deliver remarks to the American people later this morning. May God protect our troops,” the [...]
IOTA Foundation donates £1m to Imperial College for circular economy research February 3, 2022 The IOTA Foundation - a not-for-profit organisation driving the development of open-source distributed ledger technologies (DLT), has donated a £1 million philanthropic grant to Imperial College.
State-backed NatWest Group to dish out £300m in bonuses February 3, 2022 State-backed NatWest Group is set to dish out nearly £300m in bonuses as government prepares to begin dripping the lender back into majority private ownership this year.
Dune leads the way for BAFTA nominations February 3, 2022 Science fiction epic "Dune", the adaptation of Frank Herbert's 1965 novel, led nominations for the British Academy Film Awards today, securing 11 nominations, with dark Western "The Power of the Dog" following with eight.
Sunak unveils £9bn package to slash £350 off energy bills this year February 3, 2022 The “vast majority” of households will get government help on their energy bills to the tune of £350 to partially offset soaring prices as a part of a £9bn package announced by Rishi Sunak today. The announcement comes as Ofgem today announced an increase in the energy price cap from April, which will mean the [...]
Brits brace for worst cost of living squeeze since 1990 February 3, 2022 Brits are set for the worst cost of living squeeze in recent history in just a few months’ time, reveals fresh forecasts released by the Bank of England today. A combination of swelling energy bills and soaring food prices will erode real incomes at the fastest pace since in over 30 years. Rampant price rises [...]
Bank of England hikes rates at successive meetings for first time since 2004 February 3, 2022 The Bank of England today flexed its inflation fighting muscles and hiked interest rates at successive meetings for the first time since 2004. A majority of the Bank’s committee of rate setters voted to lift rates 25 basis points to 0.5 per cent. The consecutive rate hikes mark a sharp policy shift from Threadneedle Street [...]
