India to take back illegal migrants in return for more UK visas May 4, 2021 The UK and India today reached an agreement on migration and mobility between the two countries as they looked to deepen economic ties following Brexit. The pact will provide more employment opportunities for 3,000 young Indian professionals annually, in return for the country agreeing to take back its citizens who are living illegally in the [...]
Joachim Klement, CFA: Three Geo-Economics trends to watch May 4, 2021 “Today’s investors need to understand geopolitical trends as a main driving force of markets.” Joachim Klement, CFA Joachim Klement, CFA, has emerged over the last decade as one of the more insightful and compelling voices in finance. Well-reasoned, rigorous, humorous, and occasionally iconoclastic, his perspective, featured either on the Enterprising Investor Blog or on his [...]
Hal Robson-Kanu interview: West Brom and Wales footballer on his health drink business, the Turmeric Co, and targeting more Euros glory May 2, 2021 2016 was a breakthrough year for Hal Robson-Kanu, and not only because he scored one of international football’s most memorable goals. His strike against Belgium at the European Championship – a Cruyff turn and finish that Johan himself would have been proud of – sent Wales into a major semi-final for the first time and [...]
COP26: What are the UK’s goals for the landmark summit? May 1, 2021 It’s six months until the UN’s flagship climate conference, COP26, kicks off in Glasgow. As the host of this year’s conference, the UK has a unique job: to corral the world’s biggest economies into updating their nationally determined contributions (NDCs) – formal targets to reduce emissions – in line with the demands of the 2015 [...]
Eurozone GDP contracts as it slips into double-dip recession territory April 30, 2021 The Eurozone economy shrank by 0.6 per cent in the first three months of the year as it slid back into recession following persistent Covid lockdowns. The European Union’s statistics office Eurostat said GDP in the 19 countries sharing the euro contracted by 1.8 per cent year-on-year. This put the single currency area in a [...]
How strong might the UK’s post-Covid economic recovery be? April 30, 2021 It has been a tough start to the year for the UK. As lockdown restrictions continue to slowly ease, we examine the progress made in tackling the Covid-19 pandemic, and whether hopes for a strong economic recovery are well founded. Vaccines offered hope, speedy inoculation will solidify the recovery A year on from the start [...]
Shell hails ‘strong start’ and hikes dividend on higher oil prices April 29, 2021 Oil giant Shell this morning hailed a “strong start” to 2021 as the Anglo-Dutch firm recorded a massive increase in earnings on the back of higher oil prices. The FTSE blue-chip said that earnings rose to $3.2bn, up from $393m in the final quarter of 2020. As a result of the improvement in trading, Shell [...]
Exclusive: Remote working is just as effective, but it can hurt pay and promotion, HR execs warn April 27, 2021 As the City is gradually coming out of lockdown, a range of large companies and financial institutions announced in recent weeks that hybrid working is here to stay. HSBC became the latest big financial services firm to confirm it is making some sweeping structural changes to its working pattern as it adjusts to the post-pandemic [...]
Shell Q1 results: What to expect April 27, 2021 After BP today gave the market “all it could have asked for”, attention will now turn to rival oil giant Shell ahead of Thursday’s first quarter results. While the former firm came into the results trumpeting the fact that it would hit its debt reduction targets a year early, prompting the restart of share buybacks, [...]
City Corporation unveils action plan to be world’s most innovative, inclusive and sustainable centre April 27, 2021 The Square Mile must adapt to post-pandemic economic and social trends in order to remain a world-leading ecosystem, according to a new report published today by the City of London Corporation. The Square Mile: Future City, produced by the City Corporation’s Recovery Taskforce inpartnership with Oliver Wyman, sets out a vision for the next five [...]