Inflation could soar to over 22 per cent if gas prices stay high, Goldman warns August 30, 2022 Inflation could soar to the highest level since 1975 if global gas prices do not fall from their historic highs, a Wall Street investment bank warned today. The cost of living would climb to a peak of 22.4 per cent if the energy watchdog is forced to heap even more woe onto households by passing [...]
What are the best FTSE 100 dividend stocks for September 2022? August 30, 2022 In this new inflationary reality, the best FTSE 100 dividend stocks are not just those which are highest yielding, but also those which are most likely to continue to pay their dividends through what could become a severe recession. The FTSE 100 is by its nature defensive, down a mere 1% year-to-date. But with the downturn almost [...]
Generali snaps up Axa’s Malaysian operations in deal worth £130m August 30, 2022 Generali has acquired Axa’s Malaysian operations in line with plans to strengthen its position in the “high potential” Asian economy. The acquisition will see Generali buy Axa’s stakes in its two Malaysian joint venture operations – Axa Affin General Insurance and Axa Affin Life Insurance – for a combined sum of €150m (£131m). Alongside the [...]
How digital assets are democratising global trade and boosting economic growth August 30, 2022 Trade finance-backed crypto assets can be a compelling proposition and an important move in the democratisation of trade finance.
AstraZeneca share price dips with investors ‘underwhelmed’ by diabetes drug August 30, 2022 AstraZeneca’s share price has dipped into the red today, with investors “underwhelmed” by its diabetes and heart failure drug Fraxiga. The stock sank 1.8 per cent to 11,160p per share by early afternoon. However, the share price has grown 6.2 per cent over the past three months. ‘’Investors appear to have been underwhelmed by the [...]
Bitcoin back above $20,000 despite Friday’s Federal Reserve comments August 30, 2022 The price of Bitcoin has recovered somewhat this morning, climbing once again above the psychologically-important $20k mark.
Brexit: Large UK corporations suspected of underpaying more than £25m in taxes August 30, 2022 Large UK corporations have been suspected of underpaying £25.3m in post-Brexit import duties from the EU. Research from multinational law firm Pinsent Masons showed that the amount of taxes under consideration by the HMRC has increased by 97.5 per cent in the year ended 5 April, going up from £620,000 in 2021. “The amount of [...]
A new, simplified visa system could attract the fresh talent our tech sector badly needs August 30, 2022 People are the most important input for a successful tech startup. But there are more jobs that require data literate people than there are workers to fill them; two thirds of businesses say they struggle to fill their tech roles. Solving this problem is one of the most important actions our new prime minister can [...]
Takeaway sector pleas for support this winter to tackle soaring energy bills August 29, 2022 Hundreds of independent takeaway owners have urged the Government to offer more support to tackle skyrocketing energy bills.
EXCLUSIVE: So Energy calls for insulation boost to ease winter crisis August 29, 2022 The Government should help households ease demand and drive down soaring bills, says So Energy co-founder Simon Oscroft.