A rich tradition of English law has always kept our EU rivals on their toes November 24, 2021 It’s the economy, stupid, was the refrain coined by James Carville to help Bill Clinton win his 1992 presidential campaign. The US was experiencing an economic recession and the incumbent president, George HW Bush, was seen as out of touch. Yet the levers for prosperity are few in number. The main ones are tax rates, [...]
Citi to hire 100 new staff in digital asset push November 23, 2021 International investment bank Citi plans to hire 100 new staff to bring digital asset expertise to the institutional side of the business.
Blockchain and DeFi: Drivers of change in asset management November 23, 2021 “The future of assets is tokenized.” That’s what Mona El Isa, the founder and CEO of Avantgarde Finance, told the audience at the Alpha Summit by CFA Institute in May this year. “If you make that assumption, you can totally re-imagine the infrastructure that finance is built on,” she continued. “You can see a totally automated operational and [...]
Speedy grocer Getir acquires Weezy to solidify UK presence November 23, 2021 Speedy grocery app Getir is to acquire rival Weezy, in a move it says “solidifies Getir’s long-term commitment to the UK market”.
PMI: UK businesses buckle under weight of record cost rises as City strengthens BoE rate hike bets November 23, 2021 UK businesses are buckling under the weight of costs swelling at the fastest pace on record, according to a closely watched survey released today. A toxic combination of supply chains wilting, demand for goods and raw materials running red-hot and crippling worker shortages have propelled businesses’ costs. The November increase in average cost burdens was [...]
Tory MPs pan ‘appalling’ Boris Johnson speech to business bosses at the CBI November 22, 2021 Tory MPs have widely criticised Boris Johnson’s speech today at a major business conference, after the Prime Minister compared himself to Moses, spoke at length about Peppa Pig World and lost his place for 20 seconds. Conservative MPs were quick to express their dismay with the speech on WhatsApp groups across Westminster, with one minister [...]
Mauricio Preciado-Awad CA: Making a big impact with small change November 22, 2021 This article first appeared in ICAS’ CA magazine. UK social investment has grown sixfold in a decade, thanks in part to Big Society Capital using money from dormant bank accounts. Investment Director Mauricio Preciado-Awad CA tells Kitty Finstad about the big impact of small change If you were living in the UK around the time of [...]
Lexus NX 450h+ plug-in hybrid review: smooth operator November 22, 2021 The new Lexus NX 450h+ plug-in hybrid promises big tax savings and a painless ownership experience.Tim Pitt drives it.
CBI chief: Spectre of inflation is ‘very real’ and larger than we thought November 22, 2021 The chief of the influential business group the Confederation of British Industry (CBI) has warned that inflation is “very real” and is threatening to squeeze British firms. Speaking at the CBI’s annual conference, the group’s director general Tony Danker warned that pay hikes will “spill over” into prices, intensifying the cost of living crisis pinching [...]
Political drama has served as a distraction from the crises facing British businesses November 22, 2021 This last two weeks in many ways saw high political drama. A governing party that tried to rig the system so one of its own could continue in a second job that is clearly against the rules. The revelation that a sitting Conservative MP received £133m for test kits which had to be recalled. And uproar across our northern regions when a long standing political promise to deliver rail was outright broken. [...]