How to trade your way through the 2020 US presidential election November 2, 2020 The US election is tomorrow, and while the world waits to see whether Donald Trump or Joe Biden will emerge victorious, traders are planning how to respond as these events unfold. There are no easy decisions, especially when the final outcome and the impact on the markets are this uncertain. However, if you are hoping [...]
Half of British companies expect permanent flexible working post-Covid November 2, 2020 Almost half of Britsh companies think their staff will be allowed a flexible working arrangement into the future while almost seven in ten say they will ramp up efforts to get to net zero carbon, according to new polling. A CBI/Ipsos Mori poll found that 79 per cent of companies said their staff worked entirely or almost [...]
Exclusive: Downing to raise £200m for renewable energy fund November 2, 2020 Downing Renewables and Infrastructure Trust (DORE) will today announce a £200m capital raise in order to invest in a range of renewable energy assets. The fund will put money into a variety of clean energy sources, including hydro, solar, wind and geothermal power. The assets in question will be spread across the UK, Ireland and [...]
West End braces to lose £2bn in Christmas sales due to new lockdown November 2, 2020 Retailers in London’ shopping district are set to lose up to £2bn in sales across the eight-week period up to Christmas, new data released today has found. According to the New West End Company, only 9m people will visit the West End in the festive season due to the new month-long lockdown. Previously the group, [...]
Private equity is not the enemy — it’s what powers businesses to be a force for good November 2, 2020 It should come as no surprise that 280 characters are not enough to form a well thought-out and nuanced argument. And yet, this doesn’t seem to deter the swathes of Twitterati sensationalists from jumping on the bandwagon of “outrage culture”, calling for boycotts of companies that appear to make the slightest error — such as [...]
It’s easy being green, but our entrepreneurs need the government to step up November 2, 2020 Going into 2020, this was supposed to be a year of environmental action. The pandemic might have disrupted the set schedule, but while tackling Covid-19 has dominated the headlines, the appetite and ambition to fix the way we do things has not gone away. Today, we are publishing a major study from The Enterprise Trust [...]
Biden and his interventionists should beware: America has changed due to the Iraq effect November 2, 2020 It is not too much to say that my early and fervent opposition to the Iraq War was the seminal professional and ethical moment of my life. I will never forget it. As it turns out, neither will the American people. Despite what it cost me, I was against the war for myriad reasons. It [...]
US election: Washington DC braces for post-election civil unrest November 1, 2020 WASHINGTON, D.C. – Washington D.C. is gripped with fears of violence and civil unrest in the aftermath of Tuesday’s election, with gun sales soaring nationally. The majority of buildings in Downtown Washington have now been boarded up, with business owners worried about the prospect of riots on election night. The feeling is widespread across major [...]
Taxpayers to bear brunt as lenders hike interest rates on emergency loans November 1, 2020 Taxpayers are bearing the brunt of hefty interest rates and arrangement fees charged by lenders providing emergency loans for struggling businesses. The Sunday Times reported that some specialist lenders are charging fees as high as five per cent of the whole loan, and in some cases charging interest rates as high as 15 per cent. [...]
Retail tycoon Mike Ashley ‘furious’ after being ‘frozen out’ of Debenhams sale November 1, 2020 Retail mogul Mike Ashley is reportedly “furious” about being “frozen out” of an auction for collapsed department store Debenhams. The Sunday Times reported that lawyers for the tycoon have spent the last week complaining to Lazards and law firm Freshfields that Ashley’s Frasers Group had been given “woefully inadequate” information on the sale. Last week [...]