Wizz Air on track to pre-pandemic levels as passenger numbers grow November 4, 2021 Low-cost carrier Wizz Air is on track to get back to pre-pandemic levels, as passenger numbers continue to grow after the easing of air travel restrictions. In the second quarter of FY22, the Budapest-based company registered a 92.7 per cent increase in passenger numbers, which resulted in revenue going up from €471.2m to €880.4m this [...]
Extremist politics will continue to take root unless we solve migration November 4, 2021 The refugees seeking Britain as a home today are often fleeing conflict and persecution. The refugees of tomorrow will have the damaging effects of climate change and demographic growth to worry about as well. The current levels of illegal boat crossings in the UK are higher than ever. On Tuesday, even in the bitter November [...]
UK households increasingly plug electric car charging points as key feature – CityAM : CityAM November 4, 2021 The number of UK homes listed for sale advertising an electric car charging point on the premises or in a nearby street has increased by 541 per cent compared to this time last year, according to Rightmove. The total number of properties for sale on the property service that include a mention of this feature [...]
More than half FTSE100 firms commit to ending carbon emissions by 2050 November 4, 2021 Almost two-in three FTSE100 firms are now committed to ending their carbon emissions by 2050, after a new group of companies recently signed up to a United Nations campaign. Sixty FTSE100 firms have now signed up to the UN’s Race to Zero campaign, with bluechip companies like Barclays, AstraZeneca, Coca Cola HBC and HSBC all [...]
Editorial: Owen Paterson debacle paints Conservatives in a very bad light November 3, 2021 Good on Yorkshire Tea. Not, admittedly, how most of City A.M.’s editorial columns start, but yesterday the God’s own tea maker cancelled its sponsorship of Yorkshire Country Cricket Club after the authorities there swept a report on racism within the club’s dressing rooms under the carpet. It was a shocking failure of governance, and commercial [...]
UK set to announce multilateral deal to end international fossil fuel project funding November 3, 2021 A deal to end state funding of international dirty coal, oil and gas projects is expected to be signed tomorrow morning in Glasgow by a host of developed and developing countries. The UK-brokered deal will see a commitment to end funding of ‘unabated’ coal projects – those without clean technologies to reduce carbon – oil [...]
Robinhood unveils scheme allowing ‘friends and family’ to buy into IPOs at special price November 3, 2021 Trading platform Robinhood has announced it will allow companies issuing shares through its IPO Access system to set aside some stock for retail investors with connections to the issuer. The online brokerage’s IPO Access platform enables retail investors to buy shares at the listing price for companies that open up access to their shares to [...]
Night Overground services to return in December November 3, 2021 Night Overground services will be restored on weekends from 17 December, a week before Christmas. Transport for London (TfL) announced today that night services will run between Highbury & Islington and New Cross Gate, passing through areas such as Hoxton and Shoreditch, which are an integral part of London’s night life. “The return of the [...]
US Fed becomes first major central bank to blink as it reins in Covid-19 stimulus November 3, 2021 The US Federal Reserve has become the first of the world’s major central banks to blink in the face of soaring inflation. The Fed today decided to rein in the wave of stimulus it unleashed in response to the Covid-19 crisis and slash the scale of its monthly QE programme by $15bn starting this month. [...]
Global body sets new standards for green accounting at COP26 November 3, 2021 IFRS, a global accounting body, has today announced a new set of “baseline” standards for companies to keep their investors informed about the impact of climate change to their business, amid increasing calls for climate risk to be considered. The news coincides with COP26, the global climate summit hosted in Glasgow this year. The [...]
