Companies should brace themselves for an avalanche of climate lawsuits, lawyers say May 26, 2022 London listed companies should brace themselves for an avalanche of climate related lawsuits, as shareholders and NGOs increasingly resort to litigation over climate related financial risks, lawyers have said. Investors are increasingly suing companies for breaching their fiduciary duties, over their failures to limit their exposure to climate risks, Fiona Huntriss, a partner at London [...]
Uncovering Churchill’s Marrakech May 26, 2022 Asking if Winston Churchill was a hero or a villain oversimplifies the man and the historic events in which he played such controversial — but undoubtedly significant — roles. I knew of him first as a statesman, then as a historian and writer, but only relatively recently discovered that Churchill was an accomplished artist, too. [...]
Rising wages tip Manchester United to £27.7m Q3 loss despite post-pandemic revenue recovery May 26, 2022 Manchester United made a loss of £27.7m for the three months up to the end of March, a 53 per cent increase on the same period last year, due to rising wages and unfavourable exchange rates. Revenue was up 29 per cent to £152.8m, largely due to the return of supporters to Old Trafford following [...]
Digital Asset Economy Fuels Instant Settlements Innovation May 26, 2022 | City Talk Today the always-on demands of online markets have to be matched with the ability to access opportunities instantly and with no limits. Historically correspondent banks would move large sums of money for those needing to transfer funds while creating bottlenecks of unnecessary friction. Innovations such as shared ledger transactions for institutional investors and traders are [...]
1 Minute Market Rundown – 26th May 2022 May 26, 2022 | City Talk Trade the ExtremesCrypto Comes Under PressureFED Retains Flexibility The FOMC minutes came and went and the markets have summed it up quite nicely – nothing new. There were no fresh insights and all markets can’t make headway in either direction. The word we like to use to describe this market is ‘transactional.’ It feels that [...]
Altcoins drop as JPMorgan holds Bitcoin price assessment May 26, 2022 The price of Bitcoin remains flat this morning, with low trading volume suggesting there is still indecision among investors.
Ex-Brexit chief David Davis boasts he forced previous PM out: “I knew my resignation would be the end for May” May 26, 2022 Former Brexit secretary David David claimed when he resigned from the cabinet in July 2018, “I knew that it would be the end” for Theresa May as PM. The veteran politician and Brexiteer hit out at the former leader, while also taking a swipe at the current resident of Number 10, reiterating his call for [...]
Champions League final not about revenge over Real Madrid, says Liverpool boss Jurgen Klopp May 26, 2022 Liverpool manager Jurgen Klopp insists revenge is not top of the agenda when his team face Real Madrid in the Champions League final again on Saturday. The Spanish giants beat Liverpool in the final four years ago, when Reds forward Mohamed Salah was forced off early with a shoulder injury sustained in a tangle with [...]
‘Mental health is something we should all be encouraged to prioritise’ May 26, 2022 | City Talk Aneela Mather-Khan CA discusses how she overcame the experience of low mental health whilst working and studying, how the profession’s attitudes to mental health have changed and what firms can do to support the wellbeing of their employees. What was your experience of the CA training process? Having studied economics as a degree, accounting and [...]
Uber launches ‘money saving’ subscription service for Brits May 26, 2022 In a major pivot towards a recurring revenue, Uber has finally launched its new membership programme, Uber One, in the UK.