5G rollout across Britain set to create 5,000 jobs October 5, 2020 Telecoms firms have pledged to create 5,000 new UK jobs through the rollout of 5G technology across Britain, marking a rare bright spot on the bleak jobs horizon during the pandemic. Liberty Global, which owns Virgin Media, and O2’s Spanish owner Telefonica, have announced plans to create 4,000 jobs and 1,000 apprenticeship roles in the [...]
FTSE 100 sinks ahead of Brexit talks and US presidential debate September 29, 2020 The FTSE 100 lost momentum today as rising coronavirus cases kept investor sentiment subdued ahead of the next round of Brexit negotiations and the first US presidential debate. The blue-chip index had slipped 0.72 per cent by lunchtime after following global stocks higher yesterday in a so-called relief rally. Read more: Hotel Chocolat swings to [...]
Could decarbonisation be the mega-trend of the next decade? September 28, 2020 US equities have led global stock markets higher over the past decade. In the last ten years, US equities have returned a stellar 292%, compared to just 73% for global equities (as measured by the MSCI USA Index and MSCI AC World ex US Index respectively, in US dollar terms, as at 31 August 2020). [...]
Musk says $25,000 Tesla ‘three years away’ as investors wipe off $50bn September 23, 2020 Tesla boss Elon Musk said last night that he expects a cheaper, fully autonomous Tesla model to be available “about three years from now”. However investor reaction to the company’s highly anticipated Battery Day was muted, leading Tesla’s market valuation to fall by around $50bn. “This has always been our dream to make an affordable [...]
Six reasons why automation is poised to accelerate September 11, 2020 Automation has long been a feature of the manufacturing sector, as companies seek to improve productivity and make high quality goods to a specific standard. But we think the level of automation is set for a sharp increase as innovation sparks a new smart manufacturing revolution. In the short term, the Covid-19 pandemic has brought [...]
What could a Biden presidency mean for climate change investing? September 7, 2020 Joe Biden in the White House, and potentially Democrats in control of the Senate too, could turbo-charge climate change as an investment theme. The US response to Covid-19 looks set to be the dominant election issue as we head towards the November polls. Myriad other issues also compete for voters’ attention, and climate change often [...]
UK 2021 Immigration System: details revealed September 4, 2020 The Brexit immigration issue was already a complex one, implementing the biggest changes in the UK in almost five decades with new immigration rules to navigate, and impacting business travellers. In addition, now that 90% of the world’s population is living in countries with travel restrictions in place, the ability to travel is no longer [...]
Climate Progress Dashboard forecasts global warming of 3.9°C despite Covid-19 crisis September 2, 2020 The latest update to our Climate Progress Dashboard suggests the current pace of change will result in temperatures rising by 3.9°C above pre-industrial levels. Global temperatures are on course to rise by 3.9°C, almost twice the Paris Agreement target, according to our analysis of indicators from the second quarter of the year. Huge reductions in [...]
FTSE 100 reshuffle: ITV set to tumble from the big league September 1, 2020 The FTSE 100 is set for another dramatic reshuffle as the blue-chip index adapts to life during the coronavirus pandemic, with telly stalwart ITV almost certain to drop from the list and bargain retailer B&M likely to rise. FTSE Russell, which runs the index, will decide who’s up and who’s down according to prices at [...]
UK inflation unexpectedly rises on oil prices and clothes shopping August 19, 2020 UK inflation jumped unexpectedly to one per cent in July from 0.6 per cent in June amid a surge in global energy prices and increased retail activity, the Office for National Statistics (ONS) has said. The consumer price index inflation reading was the highest since March and markedly higher than the 0.6 per cent analysts [...]