The Bank of Russia (CBR) has just announced the Board decision to cut its key rate by 25bp, from 7.75% to 7.50%. The move was broadly anticipated, although following the January inflation print, some market analysts had called for a 50bp rate cut. Inflation dropped to a new historical low of 2.2% YoY in January […]
Imagine if you awoke in the morning and instead of stepping out the front door to start your usual daily routine of fighting your way onto a packed train or bus with thousands of other commuters and hustling your way into the city office, the only place you had to be was home. Technological change […]
While speculations about the future of oil prices and the industry in general continue to grow, energy companies are thinking about today and the new reality they have to operate in. Albeit positive in the long-term (after all the world energy consumption is projected to increase and technological innovation should gradually drive the production costs […]
London may see itself as the world’s greatest city, but perhaps more than ever, its cultural innovations are borrowed from elsewhere – mostly across the Atlantic. From coffee culture to farmers’ markets, craft beer to gourmet burgers, it is not difficult to compile a list of cutting-edge trends that began a bit earlier in New […]
Of all the analysis, opinion and comment that has emerged from Tesco’s recent announcement of record breaking £6.4bn losses, one snippet has stuck in my mind. Tesco offers a bewildering array of 28 varieties of tomato ketchup, while in Aldi there is just one choice, in one size. It may be too simplistic to blame all Tesco’s […]
Over the course of 2014, some £65bn was invested in direct UK real estate – a 16% increase on the 2013 figure and the highest total on record. Remarkably, this was not driven by London, which actually saw a 3% decrease in volumes to £27.4bn. Rather, it was a year of frantic activity in the […]
