Boom or bust? Test your knowledge of 2022
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Tree or bust? Anyone hoping for a return to normal after Covid’s ravages would have been disappointed – test your knowledge of 2022
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Anyone hoping for a return to normal this year after the ravages of Covid would have been bitterly disappointed.
Ukraine, runaway inflation, skyrocketing utility bills, higher interest rates, crypto collapse and financial market turmoil – not least in the UK, where we had two monarchs, three prime ministers and four chancellors – took their toll.
Test your knowledge about the events of the past 12 months in our City Quiz.
1) Which social media platform did Elon Musk buy this year? A) Facebook; B) Twittering; C) Friends reunited; D) Snap
2) Who overtook Morrisons to become the UK’s fourth largest grocer? A) Lidl; B) Aldi; C) Asda; D) Sainsbury’s
3) What was the Bank of England interest rate in early 2022? A) 0 percent; B) 0.1 percent; C) 0.25 percent; D) 0.5 percent
4) How much will the collapse of Bulb, founded by Hayden Wood and Amit Gudka, cost taxpayers? A) £65 million; B) £650 million; C) £6.5 billion; D) £6.5 trillion
5) Which Labor figure sits on the advisory board of Giant Ventures, where Hayden Wood is a venture partner? A) Sir Keir Starmer; B) Angela Rayner; C) Ed Miliband; D) David Miliband
6) Which of the following was not one of the UK’s four finance ministers this year? A) Sajid Javid; B) Rishi Sunak; C) Nadhim Zahawi; D) Kwasi Kwarteng; E) Jeremy Hunt
7) What does LDI stand for? A) leveraged derivative indices; B) Liability-driven investments; C) Liability insurance; D ) Restricted derivative instruments
8) THG was formerly known as: A) The Hut Group; B) The hit group; C) The hot group; D) The Hat Group
9) Who is the new boss of Frasers Group, and also Mike Ashley’s son-in-law? A) Jack Jarvis; B) Michael Murray (right); C) Darren Davis; D) Robin Rogers
10) What is Stephen Fitzpatrick’s energy company called? A) Ocado; B) Oval; C) Ovo; D) Octopuses
11) What tax rate do oil and gas companies in the North Sea pay? A) 40 percent; B) 50 percent; C) 65 percent; d) 75 percent
12) Vodafone is in merger talks with which other UK telecom company? A) Three; B) BT; C) Talk speech; D) O2
13) Glencore was handed the largest sentence ever handed down by a British court following a bribery scandal. How much was the amount? A) £105 million; B) £1.6 billion; C) £281 million; D) £510 million
14) Who is the Labor Shadow Chancellor? A) David Lammy; B) Gordon Brown; C) Rachel Reeves (pictured right); D) Ed balls
15) What do Liv Garfield, Sarah Bentley and Susan Davy have in common? A) They are all CEOs of energy companies; B) they are all former members of Bananarama; C) they are all presidents of water companies; D) they are all CEOs of water companies
16) Who bought collapsed furniture retailer Made.com out of administration? A) Frasers group; B) Next; C) Dunelm; D) DFS
17) What was the official title of Kwasi Kwarteng’s doomed September statement? A) Mini budget; B) Fiscal event; C) Fall overview; D) The growth plan
18) Where was Kwarteng when he was sent back to London for the plunder? A) IMF headquarters; B) Meeting with Janet Yellen of the US Treasury Department; C) Chatting with bankers at the British Embassy in Washington; D) Out with his staff at the historic Old Ebbitt Grill in downtown DC
19) Who said higher taxes on oil and gas companies are ‘inevitable’ to help the poorest? A) Chris O’Shea of Centrica; B) Bernard Looney of BP; C) Ben van Beurden of Shell; D) Linda Cook of Harbor Energy
20) Which British company has been accused by Ukraine of wanting to receive ‘blood money’ for its stake in Russian energy giant Rosneft? A)Barclays; B) ZP; C) Shell; D) Glencore
21) Which pop princess is the fastest selling wine brand in the UK? A) Dua Lipa; B) Natalie Imbruglia; C) Shakira; D) Kylie Minogue (photo)
22) Which renowned financier died in 2022? A) John Pierpoint Morgan; B) Evelyn de Rothschild; C) Joseph Safra; D) Bernie Madoff
23) Tony Blair’s son is a multimillionaire, but how much is Euan worth? A) £1.2 billion; B) £850 million; C) £420 million; D) £2 million
24) Who was ousted from the top job at JD Sports after a boardroom blunder? A) Peter Cowgill; B) Mike Ashley; C) Philip Green; D) Amanda Staveley
25) How much will interest payments on the national debt cost taxpayers this year? A) £10 billion; B) £50 billion; C) £100 billion; D) £120 billion
26) In what year was the Bank of England founded? A) 1066; b) 1415; c) 1694; d) 1997
27) Where was the collapsed crypto company FTX located? A) Bahamas; B) New York; C) London; D) Luxembourg