House prices are poised to slide in 2023 but straight into the hands of the lucky few February 7, 2023 There’s a pretty wild variety of house price predictions doing the rounds. Capital Economics have forecast they could fall 12 per cent, while experts at property search site Zoopla are a bit more optimistic. The consensus seems to be somewhere around a six per cent fall in 2023. One thing is certain: house prices are [...]
The world’s favourite airline? It’s certainly not British Airways anymore February 6, 2023 British Airways is getting its comms wrong. Banning pilots and hostesses from posting on social media while they work shows the airline prioritises money over its employees, writes Eliot Wilson
West needs to prepare for energy crunch next winter, analysts warn February 5, 2023 Experts have urged the West against complacency next winter, warning that the energy crisis could last for years to come.
Bank of England signals inflation has peaked but warns of 15-month long recession February 2, 2023 Inflation in the UK has peaked and is on course to fall rapidly over the coming year, easing the worst cost of living crisis in a generation, but a slow burning, mild recession is still a threat, the Bank of England said today. The rate of price increases is poised to more than halve from [...]
Christmas sales were a moment of reprieve as high streets play whac-a-mole February 2, 2023 Even the biggest retailers were severely dented by the pandemic, strikes, inflation and rising energy costs. It might be a game of whac-a-mole, but the high street is ready for another year, writes Richard Curry.
Baker McKenzie launches ‘thorough review’ into ex-lawyer’s racism allegations February 1, 2023 US law giant Baker McKenzie has vowed to immediately conduct a “thorough review” into claims a mixed-race lawyer was subject to multiple instances of discrimination in one of its European offices. The Chicago firm’s review comes after one of its former lawyers claimed she felt forced to leave her job due to facing poor mental [...]
Cost of living crisis: Grocery inflation up two per cent in just one month with shoppers forking out £800 more a year January 31, 2023 Grocery price inflation has hit a record 16.7 per cent to add a potential £788 to annual shopping bills, figures have shown. The “staggering” 2.3 percentage point jump in the four weeks to January 22 has exceeded the previous high recorded by analysts Kantar in October and is the highest figure since their records began [...]
Our biggest ever competition – offering readers a £10,000 cash prize January 31, 2023 City A.M. has teamed up with Lucky Break competitions to offer a prize sure to blow the winter blues away. Readers of City A.M. both in print and online are able to enter simply by answering a qualifying question – and then buying tickets to the prize draw. A host of different draws could see [...]
When will the Bank of England, Federal Reserve and ECB start cutting interest rates? Sooner than you think January 31, 2023 Central banks around the world this year are going to take their lead from an unlikely source: the Bank of Canada. While being the central bank of a G7 country, it’s not exactly the biggest of players in the global monetary policy and financial network. Tiff Macklem, the BoC’s chief, has led one of the [...]
When recessions hit and policy breaks down, we need charities to fill the gap January 31, 2023 When governments fail to act, someone else must step in. These organisations, like the network of homelessness charities at St Martin-in-the-Fields, are London's unsung heroes, writes Elena Siniscalco