Finance

UK shop price inflation hits record 8% in January: BRC

UK shop price inflation hits record 8% in January: BRC

By David Milliken LONDON (Reuters) – Prices in British shops in January were 8.0% higher than a year before, the biggest annual ..

IT dominated hiring within financial services last year: could layoffs reverse this trend in 2023?

IT dominated hiring within financial services last year: could layoffs reverse this trend in 2023?

  Professional recruitment within the financial services arena in England & Wales ended last year on a high, with over 100,00..

Shares and bonds nervy as rate-hike week looms

Shares and bonds nervy as rate-hike week looms

By Lawrence White LONDON (Reuters) – Stock markets worldwide halted their January rally on Monday, pausing for breath at the sta..

Salaries fall despite cost-of-living crisis

Salaries fall despite cost-of-living crisis

  Data suggests UK businesses feeling the pinch, but firms’ competitive standing could be at risk Employers are feeling the pinc..

Stocks, dollar gain on resilient U.S. economy

Stocks, dollar gain on resilient U.S. economy

By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – A gauge of global stock performance rose and the dollar strengthened o..

Bank of England set to hike to 4% as rate peak looms

Bank of England set to hike to 4% as rate peak looms

By David Milliken LONDON (Reuters) – The Bank of England looks on course to raise its main interest rate by half a percentage po..

German inflation rate to ease over course of 2023 – econ minister

German inflation rate to ease over course of 2023 – econ minister

BERLIN (Reuters) – German inflation will remain high at the beginning of 2023 before easing over the course of the year, Economy..

Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles

Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles

By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla Inc’s aggressive price cuts have ignited demand for its electric vehicle..

UK income inequality widens after pandemic dip

UK income inequality widens after pandemic dip

By David Milliken LONDON (Reuters) – British income inequality rose to a three-year high in the 2021/22 financial year after a d..

Global 2023 economic view downgraded, at odds with market optimism: Reuters poll

Global 2023 economic view downgraded, at odds with market optimism: Reuters poll

By Hari Kishan BENGALURU (Reuters) – Global economic growth is forecast to barely clear 2% this year, according to a Reuters pol..

Finance

Cryptoverse: Bitcoin investors take control

Cryptoverse: Bitcoin investors take control

(Corrects paragraph 8 to show big investors were responsible for about 68% of the flows) By Lisa Pauline Mattackal and Medha Singh (Reuters) -Paranoid..

Digital euro will be free but limited in scope, ECB says

Digital euro will be free but limited in scope, ECB says

FRANKFURT (Reuters) – The digital version of the euro currency will be free to use and available to all but the European Central..

Stocks, euro gain amid divergent Fed, ECB rate hike outlooks

Stocks, euro gain amid divergent Fed, ECB rate hike outlooks

By Herbert Lash NEW YORK (Reuters) -Global equity markets surged on Monday as easing recession fears and hopes of a less aggressive Fe..

Asset Management Vs Wealth Management

Asset Management Vs Wealth Management

The terms asset management and wealth management are often used interchangeably, but they’re two distinct services with different purp..

Analysis-Bond traders get their swagger back in rate-obsessed markets

Analysis-Bond traders get their swagger back in rate-obsessed markets

By Lananh Nguyen NEW YORK (Reuters) – Bond traders are stars again on Wall Street. Fixed income, currencies and commodities (FIC..

Global stocks advance ahead of U.S. inflation data

Global stocks advance ahead of U.S. inflation data

By Sinéad Carew and Huw Jones NEW YORK/LONDON (Reuters) – Wall Street equities followed Europe’s higher on Wednesday as in..

Move over TINA, it’s time for TARA

Move over TINA, it’s time for TARA

(Refiles to change title in paragraph four to CIO from chief executive for Global Fixed Income at PIMCO. No other changes to text) By ..

Inflation fighting central bankers air climate role doubts

Inflation fighting central bankers air climate role doubts

By Francesco Canepa and Lindsay Dunsmuir STOCKHOLM (Reuters) -Some of the world’s top central bankers aired concerns about being..

World Bank warns global economy could easily tip into recession in 2023

World Bank warns global economy could easily tip into recession in 2023

By David Lawder WASHINGTON (Reuters) – The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the br..

Analysis-Central Europe’s path to lower inflation strewn with hazards

Analysis-Central Europe’s path to lower inflation strewn with hazards

By Luiza Ilie and Gergely Szakacs BUCHAREST (Reuters) – Romania’s 25 basis point rate hike on Tuesday may signal an end to..

Sterling hits 2 1/2 week high, eyes on BoE

Sterling hits 2 1/2 week high, eyes on BoE

By Samuel Indyk LONDON (Reuters) – The British pound hit a two-and-a-half-week high against a broadly weak dollar on Monday ahea..

Sterling softens against murky economic backdrop

Sterling softens against murky economic backdrop

LONDON (Reuters) – Sterling fell on Friday against the dollar and the euro as Britain’s darkening economic outlook remaine..

Big fall in euro zone inflation offers little help for ECB

Big fall in euro zone inflation offers little help for ECB

By Balazs Koranyi and Jan Strupczewski FRANKFURT/BRUSSELS (Reuters) -Euro zone inflation tumbled last month but underlying price press..

Green bonds are set to drive corporate ESG debt out of slump in 2023 -Barclays

Green bonds are set to drive corporate ESG debt out of slump in 2023 -Barclays

By Isla Binnie NEW YORK (Reuters) – Global sales of corporate bonds with environmental, social and governance (ESG) targets will..

Stocks sag as hawkish Fed cools China rally; awaits US jobs data

Stocks sag as hawkish Fed cools China rally; awaits US jobs data

By Koh Gui Qing NEW YORK (Reuters) -U.S. stocks sank on Thursday and brought to a halt a rally in global stocks, as upbeat American jo..

Stocks fall, Treasury yields rise upon final 2022 trading day

Stocks fall, Treasury yields rise upon final 2022 trading day

By Sinéad Carew and Carolyn Cohn NEW YORK, LONDON (Reuters) – Wall Street equity indexes lost ground on Friday, the last tradi..

Weary Wall Street cheers improved consumer confidence

Weary Wall Street cheers improved consumer confidence

By Lawrence Delevingne and Amanda Cooper (Reuters) -Global stock markets rose on Wednesday, as U.S. consumer confidence rebounded in D..

UK GOVERNMENT HELPS IT COMPANY BREAK INTO AFRICA WITH £900K UKEF SUPPORT

UK GOVERNMENT HELPS IT COMPANY BREAK INTO AFRICA WITH £900K UKEF SUPPORT

    UKEF’s guarantee has given a boost to exporting ambitions of a Stockport-based technology company   Vesper Technologies (Ves..

Finance

IFX Payments reports another record year

IFX Payments reports another record year

    December 2022: Despite the challenging and volatile economic conditions of 2022, IFX Payments is set for another record milestone as annual r..

Family Offices and Foundations can take the lead on stopping deforestation

Family Offices and Foundations can take the lead on stopping deforestation

    Global Canopy’s new Deforestation, Conversion and Abuse Free Investment Mandate can help private wealth change the path ..

Nature Needs to be on the Balance Sheet if we are to Reverse Biodiversity and Climate Crisis

Nature Needs to be on the Balance Sheet if we are to Reverse Biodiversity and Climate Crisis

  Research paper calls for Nature to have mandatory line in financial reports otherwise it is a key stakeholder without a voice..

FSC reinvests in Spanish consumer finance specialist Ufasa

FSC reinvests in Spanish consumer finance specialist Ufasa

    – European financial services specialist signs capital increase to drive further growth – FSC Partner Martin Rauchenwald..

Barclays Private Bank opens new office in Verbier, Switzerland  for 2022/23 Ski Season

Barclays Private Bank opens new office in Verbier, Switzerland for 2022/23 Ski Season

  To further strengthen Barclays Private Bank’s footprint and presence in Switzerland, the Private Bank has opened a new ‘pop-up’..

WTTC unveils world-first global Travel & Tourism climate footprint data

WTTC unveils world-first global Travel & Tourism climate footprint data

    WTTC and Saudi-Based Sustainable Global Tourism Center launch inaugural Environmental & Social Research Between 2010 and ..

Sterling holds firm after UK jobs data muddies rate outlook

Sterling holds firm after UK jobs data muddies rate outlook

By Amanda Cooper LONDON (Reuters) – The pound held broadly steady on Tuesday, as gains following UK employment data were offset ..

Flexible financing provides for technology growth as traditional lending approvals plunge

Flexible financing provides for technology growth as traditional lending approvals plunge

    Business lending approvals have been at a record low in 2022. Not only is the number of business loan applicants down, w..

Uk solar innovator naked energy secures £1m investment from nesta

Uk solar innovator naked energy secures £1m investment from nesta

    Funding will support the solar tech developer’s team expansion and product development Naked Energy cutting-edge tech i..