Global markets surge after US inflation data signals early Fed hike exit December 13, 2022 Global markets received a huge boost today from another positive US inflation print. London’s premier FTSE 100 index closed 0.76 per cent higher at 7,502.89 points, while its mid-cap domestically-focused counterpart, the FTSE 250 index, climbed 1.42 per cent to 19,086.29 points. The pair had been fairly muted for most of the morning session. But, [...]
US inflation falls quicker than expected nailing on slow down from Federal Reserve December 13, 2022 US inflation fell again last month to its lowest level since the end of 2021 in another sign this year’s price surge in the world’s biggest economy has passed its peak, official figures out today reveal. Consumer prices climbed 7.1 per cent over the last year to November across the pond, down from a rate [...]
Energy bosses laughing all the way to the bank as Brits face record energy bills amid cold weather December 13, 2022 Millions of British households are expected to rake up record energy bills as have been warned their energy bills may skyrocket over the next few days as the cold weather continues to dominate the UK. It comes as the Met Office and UK Health Security Agency (UKHSA) issued a severe cold weather alert for England [...]
Goldman Sachs eyes bargain crypto firms as contagion spreads December 12, 2022 Data from CryptoCompare shows the price of Bitcoin traded sideways throughout this past week, dropping from around $17,300 to $17,000.
London economy contracts as rampant inflation chills spending December 12, 2022 London’s economy contracted last month as it is squeezed by roaring inflation and swelling business costs, a new survey out today shows. Rampant price rises prompting a spending slowdown from consumers sent a chill through businesses in November, according to NatWest’s purchasing managers’ index (PMI). The high street bank’s PMI dropped to a 22-month low [...]
Solving The World’s Most Pressing Problems By Redirecting Capital Is At The Heart Of Emanuela Vartolomei’s Bid To Createsystem. Wall Street without the Walls.” December 9, 2022 Solving the world’s most pressing problems by redirecting capital is at the heart of Emanuela Vartolomei’s bid to create “real change to the financial system. Wall Street without the walls.” Her model uses artificial intelligence to measure 13 million companies at a “hyper-scale”, to “reinvent research” and propel firms and governments to ESG transparency. But [...]
What’s bubbling up as we boil the ESG ocean? December 9, 2022 The globe is warming. Regulators are warning. Investors are calling. Climate change is felt by every one of us and it dominates discussions from the sofa at home, to the office, to the world’s leading conference stages. Whatever your perspective: concerned citizen or commercial entity (and the two are by no means mutually exclusive) we [...]
What’s that coming over the hill? Is it regulation? December 9, 2022 IDnow's Jason Tucker-Feltham believes the FTX collapse has invited the inevitable, but urges crypto companies to embrace regulation.
Coal mine approval draws mixed industry response December 8, 2022 The Government's decision to approve a new coal mine in Cumbria has divided experts, politicians and industry groups.
Government must reveal more about onshore wind plans, say experts December 8, 2022 Energy experts have urged the Government to reveal more details about its proposed consultation to revive onshore wind.