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Moody’s – Climate risk a major threat to banks’ loan quality

Climate risk is likely to have a major influence on banks’ loan quality, and depending on how climate change unfolds, and on the policy response to it, the losses that… The post Moody’s – Climate risk a major threat to banks’ loan quality appeared first on London Business News | Londonlovesbusiness.com.

FTSE 100 dividends in touching distance of pre-pandemic peak

Total FTSE 100 dividend payments are forecast to grow by 36% this year to £84.1 billion, a fraction shy of the pre-pandemic peak of £85.2 billion. Just ten firms are… The post FTSE 100 dividends in touching distance of pre-pandemic peak appeared first on London Business News | Londonlovesbusiness.com.

Will Bitcoin hit $100,000 by the end of 2021?

Bitcoin could hit fresh all-time highs of $100,000 by the end of 2021 due to five key important factors driving momentum, predicts the CEO of one of the world’s largest… The post Will Bitcoin hit $100,000 by the end of 2021? appeared first on London Business News | Londonlovesbusiness.com.

FTSE 350 pension scheme deficits increase slightly in a volatile month

Mercer’s Pensions Risk Survey data shows that the accounting deficit of defined benefit (DB) pension schemes and other post-retirement benefit plans for the UK’s 350 largest listed companies rose by… The post FTSE 350 pension scheme deficits increase slightly in a volatile month appeared first on London Business News | Londonlovesbusiness.com.

Liz Truss vows to create a ‘competitive, more confident’ Britain after securing billions in trade deals

Liz Truss has given her first speech since being promoted to the Foreign Secretary at the Tory Party conference in Manchester. Truss who secured 68 trade deals when she was… The post Liz Truss vows to create a ‘competitive, more confident’ Britain after securing billions in trade deals appeared first on London Business News |…

Boris is ‘abandoning millions to hunger and hardship with his eyes wide open’ as £20 universal credit to be scrapped

The Prime Minister is cut the £20 Universal Credit from this Wednesday and he has been accused of “abandoning millions to hunger and hardship.” Soaring energy bills, food prices are… The post Boris is ‘abandoning millions to hunger and hardship with his eyes wide open’ as £20 universal credit to be scrapped appeared first on…

Wetherspoons posts record loss

JD Wetherspoon has reported a record annual loss, with chairman Tim Martin slamming the “use of lockdowns and draconian restrictions”. Covid lockdowns saw its pubs shut for 19 weeks. It… The post Wetherspoons posts record loss appeared first on London Business News | Londonlovesbusiness.com.

FTSE makes sorry start to October

At times it has felt like UK stocks have been performing a high wire act this week as they continued to make progress despite myriad worries facing investors. “On Friday… The post FTSE makes sorry start to October appeared first on London Business News | Londonlovesbusiness.com.

Self-employed pension saving hits record low

Self-employed pension savings levels hit record lows in 2019/20, HMRC figures suggest. Self-employed workers contributed £830 million to pensions during the year, down from over £1 billion in 2018/19. Falling… The post Self-employed pension saving hits record low appeared first on London Business News | Londonlovesbusiness.com.

One in six suffered some form of depression in summer 2021, says ONS

Around 1 in 6 (17%) adults experienced some form of depression in summer 2021 (21 July to 15 August); this is a decrease since early 2021 (21% during 27 January… The post One in six suffered some form of depression in summer 2021, says ONS appeared first on London Business News | Londonlovesbusiness.com.

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