FundsHow the ‘woke capitalist’ gravy train came to a juddering haltJune 16, 2024135McKinsey declared in 2019 that 90pc of America’s 500 biggest companies were now producing an ESG report – reams of...
MoneyUS widens sanctions on Russia to discourage countries such as China from doing business with MoscowJune 15, 202476The United States widened its sanctions against Russia Wednesday as G7 leaders prepared to gather in Italy for a summit...
BankingHow Gordon Brown could tempt Labour into a stealth ‘mortgage tax’June 15, 2024119Paul Tucker, a former deputy governor of the Bank, argued in an influential 2022 paper that the scale of the...
MortgagesGordon Brown-backed stealth tax could push up mortgage payments by £170June 15, 2024120Gordon Brown’s proposal to launch a stealth tax raid on banks would add hundreds of pounds to the cost of...
BankingHSBC boss knighted despite bank’s controversial links to ChinaJune 14, 202464The chairman of HSBC has been awarded a knighthood despite previously facing criticism over the bank’s controversial ties to China.Mark...
BankingHow Barclays became a lightning rod for Gaza activistsJune 14, 202479Most damaging of all, the PSC claims that Elbit is “associated” with the production of “banned cluster munitions”, a claim...
BankingShapps condemns ‘vicious’ attacks on banks as Barclays forced to pull Latitude sponsorshipJune 14, 202487Joanna Warrington at activist group Fossil Free London welcomed the suspension of the sponsorship deal, calling it a “major win...
EconomyAnxiety over persistent inflation helps drive down US consumer sentiment for third consecutive monthJune 14, 202481WASHINGTON (AP) — U.S. consumer sentiment fell in June for the third straight month as Americans took a dimmer view...
EconomyFed forecasts just one rate cuts this year as Powell says inflation fight not overJune 12, 202482The chairman of the US Federal Reserve has warned the battle to tame inflation is not over as policymakers signalled...
FundsNeil Woodford’s former stock picking team disbanded as demand for British shares slumpsJune 11, 202450An investment team formerly run by Neil Woodford is being disbanded amid flagging interest in London-listed shares.Invesco is to close...