‘You can’t catch a break’: Leaseholders face high insurance fees amid cost of living crisis May 12, 2022 Leaseholders have said soaring building insurance fees amount to “daylight robbery,” amid the City watchdog’s probe of the market. The Financial Conduct Authority (FCA) was asked to review the insurance market for blocks of flats earlier this year, after housing minister Micheal Gove said he was “extremely concerned” by accelerating costs faced by leaseholders. In [...]
CMA fires warning shot at cost of living cartelists May 11, 2022 Cartelists that treat the cost of living crunch as an excuse for anti-competitive collusion will face the firm hand of the regulator, the UK’s competition watchdog warned today.
1 Minute Market Rundown – 11th May 2022 May 11, 2022 Trade the ExtremesTerra/LUNA Still Under Significant PressureUSD Remains Elevated Wall Street advanced yesterday giving the markets some much needed respite from the relentless pressure it has been under of late. Asian stocks followed suit as data highlighted that the number of covid cases in China were in decline. There were a couple of FED officials [...]
Insurance brokers could face caps on commissions as FCA reviews high rise insurance market May 10, 2022 Insurance brokers could face rules limiting commissions amid the City watchdog’s review into tower block insurance coverage. The Financial Conduct Authority (FCA) was asked to review the insurance market for blocks of flats earlier this year, after housing minister Micheal Gove said he was “extremely concerned” by accelerating costs faced by leaseholders. In an update, [...]
Government’s consumer protection push criticised for moving too slowly May 10, 2022 Despite making grand gestures about protecting consumer and business rights under the draft Digital Markets, Competition and Consumer bill, the government have come under fire from critics for acting too slowly.
Queen’s Speech: Fresh measures on levelling up, cost of living and financial sector as PM looks to regain initiative May 10, 2022 The government will set out its fresh legislative agenda in the Queen's Speech this morning as it looks to get back on the front foot after a disastrous set of local elections and a spate of bad press over the ‘partygate’ scandal.
1 Minute Market Rundown – 10th May 2022 May 10, 2022 Trade the ExtremesCrypto Under PressureUSD Hits New 2 Decade High Yesterday really was more of the same – another risk rout. Equities sold off, yields flew, gold lower – further deleveraging going through the markets. Overnight, we have seen dip buyers emerge helping to stop the rot…for now. There seemed to be only two things [...]
11 Resume tips: The perfect CV May 10, 2022 Does your curriculum vitae (CV) pass the six-second test? When they look at applicants’ resumes, recruiters and hiring managers will spend six seconds on average looking at each. If your CV doesn’t set you apart in that brief moment, you are likely out of luck. So how can you craft a resume that aces that [...]
Ofgem ‘failed to understand and tackle risks in the market’ argues Citizens Advice May 9, 2022 Energy regulator Ofgem"failed to understand and tackle risks in the market" in the run-up to the industry crisis last winter, argued Citizens Advice.
1 Minute Market Rundown – 9th May 2022 May 9, 2022 Path of Least Resistance Remains Lower Economic Slowdown Main ConcernUSD Remains King Friday’s highly anticipated NFP print did little to stop the rot as risk markets continue to remain on the backfoot. Stocks have fallen yet again today and the greenback has climbed higher as the market continues to focus on a potential economic slowdown [...]