Crypto markets undergo brief correction after Bloomberg reports that Biden plans to double capital gains taxes for the rich April 26, 2021 Cryptocurrency markets undergo brief correction after Bloomberg reports that Biden plans to double capital gains taxes for the rich.
London stocks end the week lower despite strong economic data April 23, 2021 London’s blue-chip stocks were little changed on Friday but finished the week lower as growing concerns over a surge in global coronavirus cases eclipsed optimism from recent data pointing to a rapid UK economic rebound. The exporter-heavy index ended the session flat, with a fall in heavyweight energy shares and large dollar earning companies including [...]
Time to buy the dip, or have the crypto markets got further to fall? April 23, 2021 More than $400 billion has now been wiped off the cryptocurrency market over the last seven days – almost 20 per cent of its total value.
Why the going is about to get tougher for investing in climate change April 23, 2021 2020 was an extraordinary year for climate change action. Public opinion, governments, businesses and financial markets all had major shifts in their appreciation of the urgent need to address the climate crisis. More investment, research and development, and international collaboration will now come together to enable a faster transition to a net zero economy. While [...]
Biden’s proposal to double capital gains tax turns fragile rebound on its head April 23, 2021 Any economic recovery became a lot harder after last night’s selloff in US markets on reports that President Biden was looking to increase the rate of capital gains tax to 39.6 per cent for those Americans earning $1m a year or more, up from the current rate of 20 per cent, with some wealthier individuals [...]
UK retail sales surge higher in March ahead of lockdown easing April 23, 2021 Retail sales continued to recover in March with a monthly increase of 5.4 per cent as the nearing of Covid restrictions loosening boosted consumer spending. This exceeded a prediction from economics of a monthly increase of 1.5 per cent, data from the Office for National Statistics showed on Friday. Sales were 1.6 per cent higher [...]
London market recovery continues following grim start to the week April 22, 2021 London’s main market continued to rise on Thursday, after rebounding yesterday following a disastrous Tuesday, in which the market fell two per cent in one day. By mid-afternoon the FTSE 100 was up 0.42 per cent, boosted by mining and industrials stocks, although the gains were capped by a stronger pound. Meanwhile, the mid-cap FTSE [...]
The Green Party candidate to succeed Angela Merkel as Chancellor could control a fiercely left-wing German Government April 20, 2021 For the first time in the history of the Federal Republic of Germany, the Green Party has nominated a candidate in the race to be Chancellor and succeed Angela Merkel. This morning, the party announced 40-year-old Annalena Baerbock to stand in the September 27 election. After Merkel’s Christian Democrats, the Greens are polling in second [...]
Could this be ‘the’ year for the ‘other IFISA’? April 19, 2021 Whitni Thomas, senior manager in investor relations and crowdfunding at Triodos Bank UK While the most recent reports state that total ISA investment in the UK has now reached over £65 billion, the Innovative Finance ISA (IFISA) is still the lesser-known member of the ISA family of products. The IFISA was launched in 2016 to [...]
Enterprise Investment Scheme funds need to be green to cater to younger investors April 7, 2021 This year is exciting for many reasons, and not just because it is not 2020. 2021 marks the first year of a decade that will need to deliver significant social and environmental changes if the UN’s 2030 Sustainable Development Goals are to be achieved. People are starting to think meaningfully about returns on investment in [...]