UK risks missing out on ‘growth opportunity of the century’ due to climate action delays as it falls behind in ‘net-zero race’ January 14, 2023 The UK is not in line to meet the environmental target - and has fallen behind rival economies in the "net-zero race" warns a new report.
Revealed: Brits are paying the highest electricity bills in the entire world January 14, 2023 New research reveals that the UK has the highest electricity bills. Brits pay more for their power than anywhere else on the planet. A new study looked at Government data on electricity and gas prices from the past five years to analyse the impact of the worsening cost of living crisis and discover which countries [...]
Putin shuffles Kremlin pack as Moscow infighting rages and mercenary Wagner group claims a victory January 13, 2023 As Russian troops wage a ferocious house-to-house fight for control of strongholds in eastern Ukraine, a parallel battle is unfolding in the top echelons of military power in Moscow, with President Vladimir Putin reshuffling his top generals while rival camps try to win his favour. The fighting for the salt mining town of Soledar and the nearby [...]
Energy bills could drop below £2,500 per year, saving the government billions in support packages January 13, 2023 Energy bills could fall under £2,500 per year in the second half of this year, saving the Government billions of pounds.
Diaries of a fund manager: Jack Hsiao on running a multi-billion pound investment giant January 13, 2023 As 2023 gets under way, the spotlight is firmly on the City and on its fund managers. What will be their next move? How and where do they find inflation-busting assets? Are they opting for more risk or playing it safe? City A.M. checked in with fund manager Jack Hsiao, he is a managing director [...]
How We’re Trading US CPI This Week January 12, 2023 Not much action to kick off the week unfortunately, but US CPI on Thursday is probably the reason for that. With markets lying in wait, hopefully that means there are some opportunities to be taken advantage of as we head into it tomorrow. Bigger Picture In the lead up to the release we need to [...]
Explainer-in-brief: Government u-turns on foreign lobbying rules January 12, 2023 Plans to prevent hostile states intervening in UK politics with a foreign lobbying register are under review, after global businesses complained investment into Britain could dry up if there are too many bureaucratic hurdles. The new rules would have required most foreign organisations to register all exchanges with British ministers, officials and MPs. The government’s [...]
Illicit transaction volume in crypto hit ATH in 2022 January 12, 2023 A much-anticipated annual report has revealed that 2022 experienced more crypto crime than any other year.
British Gas owner Centrica predicts eightfold profit hike after energy price surge January 12, 2023 British Gas owner Centrica has predicted a near eightfold increase in its full-year profits, powered by soaring energy prices.
Ed Warner: The row over sport banning Russian players will be even bigger in 2023 January 12, 2023 Wimbledon will be here before we know it. Expect the debate about banning Russian and Belorussian stars to start soon. The tug of war over the two bellicose nations’ participation at next year’s Paris Olympics and Paralympics has already begun. Schisms within sports and between their leaders and politicians are inevitable. Last year, backed (or [...]