Good Energy boss slams price cap as a ‘terrible public policy failure’ September 19, 2023 The price cap has been a "terrible public policy failure" which has driven up bills for customers, argued Good Energy Nigel Pocklington.
The Notebook: Kokou Agbo-Bloua on humanity’s obsession with fire, the moral dilemmas raised by AI and why China’s outlook is a case of ‘heavy cloud, no rain’ September 18, 2023 Today, it’s Societe Generale’s global head of economics,cross-asset and quant research Kokou Agbo-Bloua with the Notebook pen The Red Flower and future energy We all remember the enchanting lyrics of the Monkey Song, ‘I wanna be like you’, from Walt Disney’s 1967 film The Jungle Book. In the movie, Mowgli is captured by a troop [...]
The winners and losers of London’s work-from-home economy: The City, the Wharf and the Burbs September 17, 2023 The pandemic may have ended, but the lasting work-from-home culture has changed how people splash their cash – and invariably it’s on a Thursday now. Empty restaurants, but heaving happy hours in pubs, is the perhaps biggest shift for the hospitality sector as consumers change their habits to meet a new work-life balance. A new [...]
Wall Street climbs and Dow rises more than 300 points as stocks worldwide rally September 15, 2023 Wall Street rose on Thursday after a blizzard of reports suggested the US economy is still humming, though inflation may be too. The S&P 500 climbed 0.8 per cent for its best day in two weeks. The Dow Jones Industrial Average rallied 331 points, or 1 per cent , and the Nasdaq composite added 0.8 [...]
If banks are so committed to net zero, why are they pumping trillions into fossil fuels? September 15, 2023 Banks continue to act against their own financial interests - and their own green pledges - when they keep investing in fossil fuels, writes Halima Begum.
Landlords in wealthy London boroughs feel the pinch as Chinese students ditch UK September 13, 2023 Landlords in wealthy London boroughs are feeling the pinch from international students choosing to study outside the UK, as rents in premium postcodes showed signs of slowing. The average rental value growth in prime central London (PCL) – which includes the likes of Chelsea and Kensington – fell to 12.4 per in the year to [...]
Banks call for incentives to stabilise used electric vehicle market September 13, 2023 The expensive cost of buying an EV has been one the most significant barriers in holding back wider adoption, ahead of a looming 2030 ban on the sale of new petrol and diesel vehicles.
How is technology changing M&A? September 13, 2023 Technology is constantly evolving, offering new tools, inspiring best practices, and creating benefits for today’s dealmakers. And it’s completely changing the way M&A is being done. Doug Cullen, Chief Product and Strategy Officer for Datasite, recently spoke with Alex Clemente, managing director for HBR Analytics Services, about how technology is impacting M&A. How has M&A changed how [...]
US inflation accelerates at fastest pace in over a year on surging gas prices September 13, 2023 The consumer price index increased by 0.6 per cent last month, the largest gain since June 2022, the Labor Department said on Wednesday. The CPI had risen 0.2 per cent for two straight months.
Inflation forces firms to ditch ESG initiatives September 12, 2023 Inflation and rising costs are forcing firms to leave behind ESG initiatives in an effort to “keep their heads above water,” per a new survey. Firms are being forced into supply chain changes due to rising costs as well as disruption. Some 90 per cent of supply chains have experienced disruption in the past year, [...]