Q&A: will the gold price surge continue? March 31, 2022 | City Talk James Luke explains the effect that Russian sanctions and Fed rate rises are having on gold, and what may lie ahead for the precious metal. Gold prices have been on an upward trend since mid-January, accelerating sharply upon Russia’s shocking invasion of Ukraine towards the end of February as investors flocked to perceived safe haven [...]
It’s time to raise the bar on service – why companies should expect more from digital partners March 31, 2022 | Sponsored Over the last few years, we’ve seen incredible digital progress – across industries, employees and society. In some cases completely transforming what is possible almost overnight. And everything we’ve learned from the past few years of challenge and progress is now directly impacting the way business leaders make decisions to prepare for the future. Resilience, [...]
Employers struggling to retain graduates amid cost of living squeeze and tight jobs market March 31, 2022 Employers are struggling more than usual to retain graduates amid a highly competitive jobs market, reveals a fresh survey released today. Graduate churn has reached its highest level since record began in 2011, according to the Institute of Student Employers (ISE). Firms are now retaining just over seven in 10 graduates three years after they [...]
April cost hike storm to push businesses ‘to the brink’ March 31, 2022 A series of cost hits and fresh admin requirements landing in April threaten to push UK business “to the brink”, reveals fresh research published today. Several support packages put in place to cushion the impact of the Covid-19 crisis on firms end today and over the course of the next month, just as companies are [...]
Scepticism over Kremlin’s pledges weigh on London indexes March 30, 2022 A push back from western nations on the validity of Russia pledging to roll back its assault on Ukraine drove a mixed day for London’s top indexes today. The capital’s premier FTSE 100 index climbed 0.55 per cent to 7,578.75 points, while the domestically-focused mid-cap FTSE 250 index, dropped 1.02 per cent to 21,272.47 points. [...]
Raising taxes on working people is ‘bananas’, economists warn March 30, 2022 Raising taxes on working people while shielding other forms of income from levies is “bananas,” according to a top wonk’s analysis of chancellor Rishi Sunak’s spring statement. Hiking employers and employees national insurance contributions 1.25 percentage points in April instead of using income tax to raise revenue is the “opposite of what everybody thinks we [...]
1 Minute Market Rundown – 30th March 2022 March 30, 2022 | City Talk Russia – Ukraine de-escalation?Asian Stocks higherCrypto consolidates Risk continues to trade firm overnight and this morning as the market begins to see the path of least resistance as a de-escalation in geopolitical risks from the Ukraine invasion. It would take a brave person to say we are completely out of the woods but it is [...]
Investors should stop listening to Bank of England’s rate guidance, deputy governor says March 30, 2022 Investors should stop listening to the Bank of England’s guidance on the path of interest rates, a member of the central bank’s rate setting committee said today. Ben Broadbent, a deputy governor on the Bank’s Monetary Policy Committee, sent a signal to investors urging them to stop taking their signals so seriously. Central banks issue [...]
Retailers lead the way in London after industrials give up gains March 29, 2022 High street retailers lifted London’s top indexes today despite a sharp drop in oil prices prompting investors to ditch industrial giants. The capital’s premier FTSE 100 index climbed 0.86 per cent to reach 7,537.25 points, while the domestically-focused mid-cap FTSE 250 index surged two per cent to 21,491.97 points. Traders are seemingly upbeat about the [...]
US Federal Reserve to move twice as quick at next meeting March 29, 2022 The world’s most influential central bank will hike interest rates by more than double the amount it usually does at its next meeting to send a strong signal that it is serious about taming red hot inflation. The US Federal Reserve will lift the world’s most important interest rate 50 basis points on 4 May, [...]