‘A breath of fresh air’ vs ‘more to do’: What City grandees have to say about Sunak April 17, 2023 As Labour leader Sir Keir Starmer doesn’t tire of reminding voters: expertise beyond politics can be invaluable. For the current resident behind that most famous front door, it’s so far proved an advantage. Liz Truss’ accountancy background may not have aided her short-lived leadership bout, but – for the City’s boardrooms at least – her [...]
Grand National stage looks set for Delta to Work his magic April 15, 2023 THERE’s nothing quite like the Randox Grand National (Saturday, 5:15pm) it’s a race that inspires dreams and writes its own script. It can change the careers of trainers and jockeys in an instant, or the approximate nine minutes that it takes to negotiate 30 formidable fences and four-miles two-furlongs around Aintree’s famous track. In recent [...]
More tick-box regulations won’t save us from a financial crisis April 14, 2023 After the fall of both Silicon Valley Bank and Credit Suisse, the instinct will be to double down on new rules. Instead, banks need to learn to stabilise their risks, writes Mary O’Connor.
Ed Warner: British amateur sport must take a match to bonfire of bureaucracy April 13, 2023 Different patterns of belonging in this social media age are a stiff challenge to those of us attempting to build membership rosters for sporting bodies. What can we offer to persuade amateur athletes and casual fans to give a chunk of their identities – and a few quid from their virtual wallets – to organisations [...]
JP Morgan’s top bankers told to work five days a week in the office April 12, 2023 JP Morgan has asked its senior bankers in all of its offices around the world to work from the office five days a week in another sign of executives’ growing frustration with homeworking. In a memo to staff seen by City A.M., JP Morgan’s operating committee said that its leaders play “a critical role in [...]
Michael Gove faces an uphill battle to turf out the medieval long leaseholds April 11, 2023 We are one of the few countries left in the world with a leasehold system for our homes - where people own their flat, but not the land on which is built. This comes with problems, writes Elena Siniscalco
Could Putin pull Russia out of key Ukraine grain deal, and what would the impact be on global markets? April 7, 2023 Russia could pull out of a wartime deal that allows the export of Ukrainian grain to global markets if the West fails to remove obstacles to Russian agricultural exports, Moscow’s top diplomat has said. The deal, brokered by the United Nations and Turkey in July, unblocked shipments stuck in Ukraine’s blockaded and mined ports, alleviating [...]
Tingo Group reveals impressive 2022 financial results April 6, 2023 Tingo Group, Inc. (NASDAQ: TIO) has announced its financial results for the fiscal year ending December 31 2022.
US regulators call in Blackrock to sell stricken Silicon Valley Bank and Signature portfolios April 6, 2023 US regulator the Federal Deposit Insurance Corporation (FDIC) has called in investment giant BlackRock to sell the securities portfolios of Signature Bank and Silicon Valley Bank after their collapse last month.
FTSE 100 close: Markets close in the green despite US jobs data pointing to possible recession April 5, 2023 London’s blue chip index ended in the green on Wednesday despite weak data from the US raising the risk of a recession. The capital’s premier index closed 0.37 per cent higher at 7,662.94 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, ended 1.14 per [...]