Mon. Sep 28th, 2020

Global shares push higher on hopes of trade deal and China stimulus – business live

11.46am GMT

Lloyd’s of London, the world’s oldest and biggest insurance market, has launched a #SpeakUp campaign to encourage more people to speak up against unacceptable behaviour.

The organisation, which dates back to 1686, was forced to act after Bloomberg reported evidence from 18 women of widespread sexual harassment ranging from inappropriate remarks to physical assault.

At Lloyd’s we expect all market participants to act with integrity, be respectful and always speak up. I hope this campaign encourages more people to do so. You will be heard, you will be supported, and we will act, because no matter what form it takes, harassment is never acceptable.

The ambition here is to make a positive difference in many people’s lives, by empowering individuals to act and intervene when they witness unacceptable behaviour. I think everyone has a role to play. Lloyd’s leadership is fully committed to transforming the culture at Lloyd’s with shared values that will shape the behaviours, choices and actions of everyone in the marketplace.

11.26am GMT

The latest fall in output volumes was mainly driven by motor vehicles and metal products, while mechanical engineering, plastic products and aerospace have fared better and made positive contributions to output. Looking ahead, firms overall anticipate production to be flat in the next three months.

The CBI said growth across the UK economy has been volatile this year as businesses were forced to shift activity in response to moving Brexit deadlines (the first deadline of 29 March was extended to 31 October, which in turn has been extended until 31 January).

We expect the economy to grow modestly in the event of a smooth transition to a new Brexit deal, with the longer-term economic impact dependent upon the details within the final deal.

Continue reading…Pan-European share index hits four-year high Goldman Sachs: Trade war drag on global economy to fade in 2020Lloyd’s of London launches #SpeakUp campaign 11.46am GMTLloyd’s of London, the world’s oldest and biggest insurance market, has launched a #SpeakUp campaign to encourage more people to speak up against unacceptable behaviour.The organisation, which dates back to 1686, was forced to act after Bloomberg reported evidence from 18 women of widespread sexual harassment ranging from inappropriate remarks to physical assault. At Lloyd’s we expect all market participants to act with integrity, be respectful and always speak up. I hope this campaign encourages more people to do so. You will be heard, you will be supported, and we will act, because no matter what form it takes, harassment is never acceptable. The ambition here is to make a positive difference in many people’s lives, by empowering individuals to act and intervene when they witness unacceptable behaviour. I think everyone has a role to play. Lloyd’s leadership is fully committed to transforming the culture at Lloyd’s with shared values that will shape the behaviours, choices and actions of everyone in the marketplace. 11.26am GMTThe latest fall in output volumes was mainly driven by motor vehicles and metal products, while mechanical engineering, plastic products and aerospace have fared better and made positive contributions to output. Looking ahead, firms overall anticipate production to be flat in the next three months.The CBI said growth across the UK economy has been volatile this year as businesses were forced to shift activity in response to moving Brexit deadlines (the first deadline of 29 March was extended to 31 October, which in turn has been extended until 31 January).We expect the economy to grow modestly in the event of a smooth transition to a new Brexit deal, with the longer-term economic impact dependent upon the details within the final deal. Continue reading…