After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Green and ESG bonds: what’s behind their rise? December 14, 2020 The green and social bond market continues to grow, evolve and diversify, remaining a helpful tool in driving sustainability. We look at what this means for investors. Green bonds have been attracting attention for some time, being a key element of the development and growth of sustainable or environmental, social and governance (ESG) investing in [...]
We must all work together to stay safe and keep London out of Tier 3 restrictions December 14, 2020 With the festive period now underway and a Covid-19 vaccine being rolled out across the country, this feels like the light at the end of the tunnel for many people. I am proud to say that this includes some of the Square Mile’s older, most vulnerable residents, many of whom have endured a tough year [...]
FTSE100 company disputes could cost £13.8bn December 14, 2020 Tax disputes with tax authorities globally could cost FTSE100 companies £13.8bn, research by Thomson Reuters shows. This figure Includes £11.7bn in extra tax related to disputes that the companies believe they will ultimately win, however, the FTSE100 set aside £2.1bn to cover the costs of these disputes last year. In total FTSE100 companies were involved [...]
Households could be automatically switched to cheaper energy tariffs December 13, 2020 Households could find themselves automatically switched onto cheaper energy tariffs under new government plans set to be released this week. The proposal is an attempt to crack down on energy suppliers which move customers onto higher “default” deals after their initial contracts end. The BBC reported that the plan would be unveiled as part of [...]
City Corporation clamps down on mixed-household Christmas parties amid rising COVID cases December 11, 2020 Square Mile pubs and restaurants are being told they will be fined for allowing mixed-household Christmas parties in a tough clampdown by the City of London Corporation. The Square Mile’s governing body issued the warning as London faces the threat of moving into Tier 3: Very High alert, as coronavirus cases rise across the capital. [...]
Lloyds pay black staff 20 per cent less than their white peers December 11, 2020 Lloyds Banking Group revealed that black staff at the company receive 20 per cent less pay than their colleagues.
Green bonds: ESG, sustainable or impact investments? December 11, 2020 In this article, we provide an updated estimate for the green bond premium (“greenium”) in the Euro (EUR) market. We validate the common hypothesis that green bonds tend to trade a tighter spread (lower yield) than comparable “brown” bonds, and we offer some conclusions on green bond investors. The first green bond was issued in [...]
Giving 2020 December 10, 2020 WELCOME to the 2020 edition of Giving. This magazine includes City A.M.’s tenth Charity Index – a ranking of the world’s top private institutional charity donors, based on independent research by nfpSynergy. We also showcase charities, large and small, who are making a remarkable and lasting impact around the world. Needless to say, this year [...]
Amazon becomes world’s largest corporate buyer of renewable energy December 10, 2020 Amazon has announced 26 new utility-scale wind and solar energy projects, making it the largest-ever corporate purchaser of renewable energy.
Confidence in the City of London remains strong, with planning applications up in November December 10, 2020 The number of planning applications for the City of London have exceeded pre-pandemic levels, showing investor confidence in the district.