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Top StoriesOver One Fifth of Britons ‘struggling’ to Make Ends Meet -Kantar
Top StoriesUK CEO Pay Rebounds, Gap Widens With Workers – Report
Top StoriesGerman Business Morale Rises in May on Buoyant Services Sector
BankingThe Great Resignation: Why the Battle for UK Talent Sees the Banking Sector Plummet to the Bottom of the League in 2022
Explainer-Why U.S. Nuclear Deterrence Tops S.Korea’s Agenda for Biden Summit
Date: May 19, 2022
By Josh Smith SEOUL (Reuters) – At the top of South Korean President Yoon Suk-yeol’s agenda for his first summit with U.S. President Joe Biden this weekend will be strengthening American “extended deterrence” against North Korea, according to Yoon’s security advisers. The term means the ability of the U.S. military, particularly its nuclear forces, to...
Could the Surging Build-To-Rent Market Create Emerging Opportunities for Investors?
Date: May 18, 2022
by Tom Jansons, Development Manager, Jansons Property As a market typically characterised by providing expensive, urban flats for young adults, the build-to-rent sector is facing a landmark shift as suburban families became one of the fastest growing renter demographics in 2021. The suburban rental sector is today an important part of UK housing delivery as...
Climate Change Is Hurting Insurers – Report
Date: May 17, 2022
LONDON (Reuters) – Climate change is hurting the insurance industry and only 8% of insurers are preparing adequately for its impact, consultants Capgemini and financial industry body Efma said in a report on Tuesday. Insured losses from natural catastrophes have increased 250% in the last 30 years, with perils such as wildfires and storms, seen...
UK Consumer Gloom Over Finances Sinks to New Low: YouGov/Cebr
Date: May 12, 2022
LONDON (Reuters) – The gloom among people in Britain over their personal finances hit a fresh all-time low in April, according to a survey which added to signs of how households are struggling to cope with a cost-of-living crisis. The monthly consumer sentiment survey from pollsters YouGov and consultancy Cebr showed sentiment around household finances...
European Power Cable Groups Face UK Class Action Over Cartel
Date: May 11, 2022
By Kirstin Ridley LONDON (Reuters) – Major European power cable suppliers face a London class action that is seeking hundreds of millions of pounds in damages over allegations that a cartel led to inflated electricity charges for at least 30 million consumers in Britain. The proposed lawsuit, made public on Wednesday, alleges that Italy’s Prysmian...
French Central Bank Sees 0.2% Second Quarter Growth
Date: May 11, 2022
PARIS (Reuters) – France will eke out quarterly growth of 0.2% in the second quarter as parts of the service sector recover from a slump induced by the Omicron COVID variant earlier this year, the central bank said on Wednesday. That would mark a slight acceleration after growth in the euro zone’s second-biggest economy stalled...