ETFs for an uncertain world March 15, 2022 In the past decade, we’ve witnessed a global pandemic and we’ll likely see the fallout from climate change gather pace. Even economics is becoming more unpredictable, with most policy makers and economists being blindsided by the return of inflation to levels not seen in over 30 years. In such a world, investors may want to [...]
Small business lending tumbles amid strong economic rebound March 14, 2022 A strong economic recovery from the Covid-19 crisis led to borrowing among small businesses falling off a cliff last year, reveals fresh figures published today. Small firms took on £22.6bn in debt over the whole of 2021, down over 64 per cent compared to the previous year, according to figures from banking body UK Finance. [...]
Oil round up: India weighs up Russian oil as Boris Johnson calls on Saudi Arabia to boost output March 14, 2022 India is considering a Russian offer to buy crude oil and other commodities at discounted prices through a rupee-rouble transaction.
Russian aviation on brink as Bermuda revokes 745 plane licenses, half of country’s fleet March 14, 2022 Bermuda is preparing to revoke the licenses of 745 Russian planes, a move which could ground half the country's entire fleet.
Why the UK must embrace the ‘crypto revolution’ March 14, 2022 Adam Afriyie MP explains why the investors and businesses must see the UK as a beacon for digital innovation and consumer protection.
UK underwriting vacancies hit record highs in 2021 as insurers sought to revisit policies March 14, 2022 The number of vacancies for underwriting positions hit all-time highs in 2021, following a surge in hiring last year, as insurers sought to protect themselves against the potential for ruinous “black swan” events in the wake of the global pandemic. All in all, a record 2,100 underwriting vacancies were advertised last year, according to new [...]
Life insurance giant Phoenix Group announces record £1.5bn intake for financial year March 14, 2022 One of the largest providers of life insurance in the UK, the Phoenix Group, has announced record financial results for 2021, taking in £1.7bn. The firm surpassed its target of £1.5bn in the last 12 months, with its board announcing a new policy dividend increase of three per cent. Phoenix had a strong performance in [...]
New business growth in London at eight year high amid concern about inflation and input costs March 14, 2022 New business activity in the capital has reached an eight-year high, but optimism remains cautious with rising inflation and pressures on input costs. There has been a resurgence in trade across the London, with growth rising from 57.3 per cent in January to a three month high of 63 per cent, in February. Growth reported [...]
Government needs to step up support for small firms at spring statement March 14, 2022 The government needs to step up support for small businesses to turbo charge the UK economy at this month’s spring statement, according to Britain’s top small firm representative body. Small businesses need support to cope with huge increases in raw material and staffing costs, according to the Federation of Small Businesses (FSB). The organisation today [...]
Last orders: Restaurant insolvencies spike as economic pressure bites March 13, 2022 Restaurant insolvencies jumped 20 per cent, according to the latest data published from accountancy group UHY Hacker Young It revealed that insolvencies rose to 354 in the last quarter of 2021, – up from 296 in the previous three-month window. UHY Hacker Young argues that despite the end of coronavirus restrictions, the sector will continue [...]