The financial adviser value proposition: the five components August 2, 2022 | City Talk What can we do for our clients that they can’t do on their own? What can make us better at managing their money than they are? These aren’t always easy questions to answer as a financial adviser. But modesty aside, we need to be able to explain to potential clients how we can help them [...]
EY’s split could have ‘distinct benefits,’ FRC chief says August 2, 2022 EY’s plans to split its business would have “distinct benefits,” the head of the UK’s accounting watchdog has said. The Big Four accounting firm’s plans to separate its advisory arm from its consulting division could let EY “grow further” by removing “significant conflicts of interest,” Financial Reporting Council (FRC) chief executive Sir Jon Thompson told [...]
Ultra-high energy bills are here to stay, warns Cornwall Insight August 2, 2022 Household energy bills will remain historically elevated into 2024, revealed Cornwall Insight, meaning Brits will be under sustained pressure.
Fresnillo reports lower revenues as gold volumes fall and Covid’s impact lingers August 2, 2022 Fresnillo reported lower revenues for the first half of 2022 due to the drop in gold volumes and silver prices, with Covid’s impacts still a concern. The Mexican metals mining company reported adjusted revenues of $1.35bn, a drop of 12.6 per cent as volumes and prices of precious metals that the company mines declined. The [...]
Direct Line Insurance reports lower profit amid rising inflation and uncertain economic conditions August 2, 2022 Direct Line Insurance Group reported lower profits for the first half of 2022 as rising inflation and a gloomy market outlook impacted performance. The insurance company had a 47 per cent drop in operating profit to £195.5m from the first half of 2021 as it dealt with “challenging” market conditions and tighter FCA regulations. Profit [...]
BP follows in rivals’ footsteps with near-record £7bn quarterly profits August 2, 2022 BP has unveiled profits of $9.3bn for the second quarter, powered by soaring oil and gas prices following Russia's invasion of Ukraine.
Eni Aluko exclusive: England Women can win World Cup now they’ve got monkey off their back August 1, 2022 Women’s Euro 2022 champions England should head to next year’s World Cup with confidence that they can win back-to-back major tournaments, says former Lioness Eni Aluko. England shed the baggage of successive semi-final defeats with victory in the final against Germany in front of a record crowd of 87, 912 at Wembley Stadium on Sunday. [...]
All eyes on Airbnb to drag tech world back up August 1, 2022 After a rocky set of results for Silicon Valley titans, tech platforms will be keeping a close eye on Airbnb's second quarter results scheduled to drop tomorrow evening.
NFT cyber attacks on Discord have led to $22m losses since May August 1, 2022 Hackers have increasingly targeted NFT projects on social media platform Discord since May, causing $22m in losses. Research by blockchain intelligence company TRM Labs found more than 100 reports of Discord channel hacks, with phishing attacks linked to NFT mining scams via compromised channels increasing. Almost a dozen attacks to compromise accounts occurred in the [...]
This Is The Best Day To Be In The Office August 1, 2022 We never thought we’d get there in the middle of the WFH-depths of the pandemic, but here we are: many of us are now back in the office a couple of days a week. It’s an opportunity to connect with colleagues, spend exorbitant amounts of money on overpriced oat milk lattes from the hipster cafe [...]