What’s behind market volatility in China? March 23, 2022 It’s been a rollercoaster week for Chinese stock markets. We explain why and get the views of Schroders’ experts Robin Parbrook, Maggie Zheng and David Rees. In the last week, equity markets in mainland China and Hong Kong Special Administrative Region have experienced a rout, and a subsequent rally in the past two days. At [...]
1 Minute Market Rundown – 23rd March 2022 March 23, 2022 Russia – UkraineYields in focusCrypto consolidates A feeling of deja vu overnight as Australian, New Zealand and South Korean 10 year yields all hit fresh cyclical highs as the rates market continues to reprice. Interestingly enough, stock markets held on with the S&P even clearing its 200 DMA. It seems the hawkish rhetoric from Powell [...]
Exclusive: Yü Group boss hopes to pick ‘low hanging fruit’ from Big Six suppliers March 23, 2022 The Big Six energy firms are asleep at the wheel, meaning challenger suppliers have a great chance to pick up new customers.
Wildwood restaurant owner Tasty remains ‘cautiously optimistic’ amid ongoing labour shortages and inflation woes March 23, 2022 Wildwood restaurant owner Tasty reported a 44 per cent revenue boost to £34.9m this morning, despite obstacles in re-opening stores.
Soaring energy bills cause hospitality businesses to raise prices and cut opening hours March 23, 2022 Spiralling energy bills are forcing hospitality businesses to raise prices and cut trading hours, says a new survey from four UK trade bodies.
Inside the Super Golf League: Sean Bratches on LIV Golf’s mission to redesign the sport March 23, 2022 It was at the Ryder Cup in Wisconsin six months ago that Sean Bratches accepted Greg Norman’s invitation to join LIV Golf Investments, the vehicle behind long-rumoured plans for a Super Golf League. Former ESPN and Formula 1 executive Bratches had already been working with world No1 turned LIV Golf CEO Norman and the Saudi-backed [...]
As Omicron sweeps through again, Britain has finally learnt to live with Covid-19 March 23, 2022 A huge third wave of Omicron cases is sweeping the country. This will be readily apparent in the everyday lives of many people. Family members have it, work colleagues have gone down, small restaurants and service businesses must close for a few days through staff shortages. According to the reliable Zoe Covid data produced by [...]
British factories to launch fastest price hiking cycle on record March 22, 2022 British factories are preparing to launch the fastest price hiking cycle on record in a sign that inflation will surge even higher in the months ahead. A net balance of one in every eight UK manufacturers intend to raise prices, according to research by the Confederation of British Industry (CBI). Products produced by factories are [...]
Tech firms lead business growth across Britain as one in four of all high-growth companies are startups March 22, 2022 Of the 175 fastest-growing UK companies – firms that have been able to grow their revenue 20 per cent or more, around a quarter (44) companies are technology companies, according to new research shared with City A.M. today. A significant number of these are fintechs. This includes payments giant Wise, which has managed to grow [...]
1 Minute Market Rundown – 22nd March 2022 March 22, 2022 Russia – UkraineYields in focusPowell doubles down on hawkish stanceCrypto finds support You would have been forgiven for thinking central banks had reached peak hawkishness with a war ongoing in Europe. Jerome Powell has decided to make a laughing stock of us all. In a speech yesterday, Powell doubled down and completed a quite incredible [...]