Monthly Archives: June 2022

Rental cars and the strangeness of the post-pandemic economy

I wonder if you have your summer vacation plans ready yet? If not, you might want to head out – especially if you think you’ll need a rental car. In the summer of 2019 you could have hired a standard family car for around £310 a week. Try to get …

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Billions of dollars in new short positions were flattened against UK names

According to technology and data analytics firm S3 Partners, the short selling market is alive and well, with £28.9 billion worth of positions currently active in the UK. June delivered another surge, with a further £2.4bn of shares shorted to offset an overall £2.5bn share price decline as short sellers …

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The Renewable Energy Forum kicks off in London to discuss UK-UK investment and partnership opportunities.

The Renewable Energy Forum opened today in London and was hosted by the Saudi-British Joint Business Council (SBJBC) in partnership with the Mayor of the City of London to discuss investment opportunities and partnerships in renewable energy and clean technology. . Deputy Ambassador of the Custodian of the Two Holy …

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War in Ukraine ‘has an impact’ on UK economy but is ‘worth a price’ | world | news

Technology Secretary Chris Philp said Britain would “do whatever Ukraine needs from us to support them” despite warnings that the war in Ukraine was having an “economic impact” on the UK economy. He said Britain had already “spent £1.3 billion in support of Ukraine” but stressed “no price is too …

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Market size, scope and forecast for offshore seismic oil and gas equipment and acquisitions

New Jersey, United States – This Offshore Oil and Gas Seismic Equipment and Acquisitions Market The research examines the state and future prospects of the offshore oil and gas seismic equipment and acquisitions market from the perspective of competitors, regions, products and end-uses/industries. The worldwide Offshore Oil & Gas Seismic …

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Machine Safety Market size, scope and forecast

New Jersey, United States – This Machine Safety Market The research examines the state and future prospects of the Machinery Safety market from the perspective of competitors, regions, products and end-uses/industries. The global machine safety market is segmented by product and application/end industries in this analysis, which also analyzes the …

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Proposed price cap for Russian oil draws closer at G7 summit | G7

A proposed cap on the price of Russian oil and pipeline gas to slash Kremlin revenues and ease inflationary pressures in the West found support on Sunday when G7 leaders met in Bavaria. The three-day event will be dominated by discussions on how to tighten economic and military vices surrounding …

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Assemblies for central bankers and military chiefs

This article is an on-site version of our newsletter, The Week Ahead. Sign up here to get the newsletter straight to your inbox every Sunday Hello and welcome to the work week. Now seems a good time for central bankers to meet and pool ideas on how to pull their …

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Britain joins US, Canada and Japan at G7 summit to ban Russian gold imports

New exports of Russian gold will be banned to the UK, US, Canada and Japan after Sunday’s G7 summit in Germany agreed tough new measures aimed at putting pressure on Russian President Vladimir Putin in the conflict with exercise of Ukraine. Gold is a major Russian export worth £12.6 billion …

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Met refers eight more child strip searches to police watchdog Metropolitan Police

The Metropolitan Police have referred a further eight cases of strip searches of children for independent investigation. There was outrage over the case of Child Q, a 15-year-old black girl who was strip searched while menstruating at school without a suitable adult present. The police apologized and a local council …

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Innovative Strategy for Industrial Internet Connectivity Tracker Market to 2031 – Female Designers

A new research on Industrial Internet Connectivity Trackers Market has been conducted across a variety of industries across different regions to generate reports of 250+ pages. This study is a perfect blend of qualitative and quantifiable information, highlighting key market developments, industry and competitor gap analysis challenges, new opportunities and …

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UK consumer confidence falls to lowest on record

Consumer confidence in the UK has fallen to its lowest level on record almost 50 years ago as rising inflation hits household finances and the broader economy. The data released by research firm GfK came a day after official figures revealed that interest payments on the UK government debt last …

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Kuflink plans to launch a BTL credit product in June

Kuflink will launch its first-ever buy-to-let (BTL) lending product by the end of June 2022, as the peer-to-peer lending platform prepares to expand its offering even further. Narinder Khattoare, Managing Director of Kuflink, describes the BTL product as “a natural progression” for the company, which specializes in P2P real estate-backed …

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Tributes to the ‘perfect’ mother and five-year-old son who were stabbed to death in Barnet

Police and paramedics discovered the 37-year-old woman and five-year-old boy at 1.37pm Tuesday in Brookside South, Barnet but were unable to rescue them. Homicide investigators continue to question a 37-year-old man arrested on suspicion of murder. He is known to the Chinese family. The mother is the 15th woman to …

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Employee Participation | ICAEW

The latest on employee ownership Read our latest employee ownership features and articles. The Pros and Cons of Employee Ownership Trusts Interest in employee ownership is growing. Gerry Young and Tom Lethaby of RVE Corporate Finance, Specialist Advisors in Trusts with Share Ownership, discuss their experience with EOTs …

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HMRC Updates Crypto Guidance on DeFi and Taxes But will the chosen approach stand the test of time? – Fintech

To print this article, all you need to do is register or log in to Mondaq.com. On February 2nd, 2022, HMRC released a long-awaited update to its Cryptoassets Handbook on the tax treatment of ‘decentralized finance’ (‘DeFi’), an increasingly popular crypto investment space. The update (which can be found HERE) …

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Following the recent £130m drop in Travis Perkins plc’s (LON:TPK) market cap, institutional owners may be forced to take tough action

If you want to know who really controls Travis Perkins plc (LON:TPK), you need to look at the composition of the share register. We can see that institutions own the lion’s share of the company at 88%. In other words, the group is exposed to maximum upside (or downside risk). …

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Summer Books 2022: Economics

Monetary Policy of the 21st Century: The Federal Reserve from the Great Inflation to COVID-19by Ben Bernanke, WW Norton £25/$35 If you want to criticize something intelligently, you have to understand it. Ben Bernanke, one of the world’s leading monetary economists and Chairman of the Federal Reserve during the global …

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Offshore Oil & Gas Seismic Equipment & Acquisitions Market Size 2029

New Jersey, United States – The Offshore Oil and Gas Seismic Equipment and Acquisitions Market research report scrupulously examines the market in the expected period in detail. The research is divided into sections, each of which contains market trends and changes analysis. Drivers, limits, opportunities and hurdles, and the impact …

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Stagnation threatens – are we reliving the 1970s?

Fuel prices are rising. War is raging on Europe’s doorstep. Even ABBA are on tour again – albeit in avatar form. With labor unrest mounting against a backdrop of rising living costs, some are wondering aloud – are we reliving the 1970s? Another flashback from the disco era came last …

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Today in FinTech: Patent pending; Crypto Advisor

In today’s FinTech news, a UK firm has filed a patent protecting its digital wallet technology and a community bank is stealing a compliance chief from Robinhood. Also, APIs are used to collect data from team members as professional racing cars compete against each other. Tintra files for UK patent …

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London must list electric vehicle charge

London needs thousands more electric vehicle charging stations (Getty Images) More than 10,000 electric vehicle charging points have been installed in London, but thousands more are needed to meet the expected surge in demand from motorists, it was announced on Thursday. The groundbreaking breakthrough came when the Evening Standard launched …

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K3 Capital Group PLC (LON:K3C)’s intrinsic value is potentially 51% higher than its stock price

Today we’re providing a simple walkthrough of a valuation method used to estimate the attractiveness of K3 Capital Group PLC (LON:K3C) as an investment opportunity by estimating the company’s future cash flows and discounting them to their present value. One way to achieve this is to use the discounted cash …

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Global Fintech Lending Market 2022 Industry Outlook, Business Strategies and COVID-19 Impact Analysis 2028 – Female Designers

MarketsandResearch.biz has just published a report on the Global Fintech Lending Market from 2022 to 2028 which provides a comprehensive and in-depth analysis of the current scenario, focusing on critical variables, marketing tactics and the future success of key players. The report provides valuable information such as profit margins and …

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Flair Airlines chooses unusual destination for first London route

It is a city known for its golf, gastronomy and breathtaking mountain views. However, Tucson, Arizona is better known as a travel destination for West Coasters, not Ontario residents. “We’re always excited about new flights from London, but Tucson came as a bit of a surprise to me because it’s …

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Live News Updates: US producer prices rise as inflationary pressures mount

The jars contain rare earth minerals produced by Lynas at its Mount Weld facilities in Western Australia © Melanie Burton/Reuters The US Department of Defense has signed a $120 million contract with Australian company Lynas Rare Earths to build the country’s first commercial-scale onshore rare earths separation plant, as part …

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Profits rise in ‘outstanding’ first half for bank

Paragon Banking Group reported “excellent” results for the six months ended March 31 – with profits rising sharply. Underlying earnings rose 27.3% to £105.6 million, while new loans rose 32.2% to nearly £1.5 billion. The bank says it has “strong” pipelines for new business entering its second half. Nigel Terrington, …

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The energy management information systems market is set to witness explosive growth

That Energy Management Information Systems Market report enlightens its readers about its products, applications and specifications. The study involves key companies operating in the market and also highlights the roadmap adopted by the companies to solidify their position in the market. Through extensive use of Porter’s SWOT analysis and five …

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Tech Week is an opportunity to celebrate London and the city’s strongest urge: competition

Monday, June 13, 2022 7:00 a.m It’s more than a little tempting to think that nothing is working very well in the UK at the moment. Anyone with tickets to the Rolling Stones or cricket at Headingley next week will face a train strike, families looking to take a well-deserved …

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In the “miracle city” of Shenzhen, people fear for China’s economic future

By David Kirton SHENZHEN, China (Reuters) – David Fong arrived in southern boomtown Shenzhen in 1997 as a young man from a poor village in central China. Over the next 25 years he worked for a number of overseas manufacturers before building his own multi-million dollar business making everything from …

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Increase in demand for loans revealed with second burden

Second-charge mortgage specialist SoMo said inquiries from advisors about these loans rose 63% in April information campaign. SoMo’s goal is to ensure mortgage advisors know how second-charge loans can help many of their clients, and research data for April suggests that strategy is paying off. Second mortgages now account for …

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FD Capital Recruitment establishes international FD and CFO team

FD Capital Recruitment The international team will enable FD Capital to meet the needs of scaling corporations, start-ups and next-generation companies from London to Lisbon and Los Angeles. LONDON (PRWEB) June 11, 2022 FD Capital, the leading boutique finance firm, expands its portfolio with an international FD and CFO …

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Londoners invited to vote on neighborhood ideas

By Ruby Sweeney June 11, 2022 7:15 am The City of London is asking residents to vote on a variety of potential projects they would like to see realized in their neighbourhood. City officials have unveiled the 2022 Neighborhood Decision Making Program, filled with lists of ideas aimed at improving …

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Letters to the Editor: Labor needs a clear message on the UK economy

I see that Lord Mandelson has urged the party to develop new strategies to “turn the intellectual tide” rather than relying on exploiting Mr Johnson’s self-imposed problems (your report, June 9). When more or less responsible for the politics and public perception of his party, the peer would always emphasize …

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UK’s biggest lenders are no longer ‘too big to fail’, says Bank of England | Bank of England

The UK’s biggest banks are no longer “too big to fail” and could foot the bill for their own failure, the Bank of England said, but found shortcomings at three banks including HSBC and Lloyds. Fourteen years after the financial crisis that threatened to collapse the banking system and led …

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Atalaya Mining Plc (LON:ATYM)’s intrinsic value is potentially 74% higher than its stock price

In this article, we’re going to estimate the intrinsic value of Atalaya Mining Plc (LON:ATYM) by taking its expected future cash flows and discounting them to their present value. We use the discounted cash flow (DCF) model. It may sound complicated, but it’s actually quite simple! Companies can be valued …

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My 9 favorite markets in London

London is a diverse city with so many sights to see and so much going on – from theater performances and nightlife to unique dining experiences. In fact, London also has some beautiful parks frequented by locals just waiting to be discovered. There are also some great street food markets …

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Plymouth faces an economic crisis as inflation rises and other cities poach workers

Plymouth is facing an economic nightmare with rising inflation fueling the cost of living crisis, falling investment by businesses and workers being poached by employers elsewhere in the country. A new report from the British Chambers of Commerce (BCC) predicts that economic growth will stall and inflation will hit a …

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Why companies put sustainable business strategies first

Every t-shirt bought, every coffee ordered, every car driven has an impact on the planet. In order to be sustainable as a company in the long term, a company must put the sustainability strategy at the heart of its brand. While only 34% of companies discuss ESG at every board …

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Book recommendations for Pride Month: NPR

June is Pride Month in the United States and commemorates the Stonewall riots that began on June 28, 1969. They marked a turning point for a new generation of political activism. It’s an opportunity to celebrate queer people in history and continue the fight for full and equal rights for …

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Sri Lanka’s business news Live updates: Sri Lanka will need $5bn for essentials over the next six months, says Prime Minister Ranil Wickremesinghe

Sri Lanka News live: Sri Lanka’s strapped government will need at least $5 billion over the next six months to maintain basic living standards, including about $3.3 billion for fuel imports, the country’s prime minister told parliament on Tuesday. “It’s not enough just to bring about economic stability, we need …

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Recession: Citigroup issues ominous warning as European economy collapses | world | news

Financial sanctions against Russia have sent energy prices on an unprecedented surge that has left Europeans with a mounting cost-of-living crisis at the same time as the impact of the pandemic. Experts warn that the situation will only get worse as the devastating effects of a recession hit all European …

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Kooth plc (LON:KOO) going from loss to profit

We think now is a pretty good time for analysis Kooth plc (LON:KOO) the company appears to be on the verge of significant achievement. Kooth plc, together with its subsidiaries, provides digital mental health services to children, young people and adults in the UK. The company, with a market capitalization …

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Soldiers fall prey to loan sharks as veterans’ charity calls for urgent action

Exclusive: Messages found on the phones of two men after their sudden deaths suggested they were being followed to repay their comrades. It is feared that the cost of living crisis will aggravate the situation Some soldiers turn to loan sharks to make ends meet ( (Image: Getty Images/iStockphoto) Defense …

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The best steampunk games, ranked

With its swirling gears, ruffled mustaches, and glasses galore, steampunk is one of the most iconic genre styles ever created. While some reserve the style only for cosplay and Steam Powered Giraffe concerts, steampunk is taking some serious hits in the gaming world. RELATED: Great Steampunk Tabletop RPGs Whether you’re …

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Could Fundamentals Drive Momentum?

Essentra (LON:ESNT) has had a great run in the stock market, with its stock up a whopping 16% over the past three months. As most know, it is fundamentals that usually drive market price movements over the long term. Therefore, we decided to look at the company’s key financial indicators …

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HALO Kilmarnock and Israel share the Net Zero vision

THE HALO Urban Regeneration Company continues to build strong ties with Israel following an international hybrid event in Kilmarnock. Kicking off the HALO summer programme, at the hybrid event “Energy Transition to Net Zero – UK & Israel Perspectives”, representatives from Israel visited the HALO Enterprise and Innovation Center to …

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Sterling falls against the dollar amid worries about the UK economy

Bundles of British pound sterling banknotes are stacked at the headquarters of the company Money Service Austria in Vienna, Austria, November 16, 2017. REUTERS/Leonhard Foeger Sign up now for FREE unlimited access to Reuters.com to register June 1 (Reuters) – Sterling fell against a strengthening dollar on Wednesday, with investors …

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Saudis queue for mortgages as kingdom boosts market

High school teacher Othman Abdel Jabbar never imagined he could own a home in his native Saudi Arabia, where high prices and a lack of mortgage financing meant the resource-rich Gulf state was lagging behind its G20 peers in home ownership. But last month Abdel Jabbar, 36, entered a one-stop …

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