Europe set to open higher as Bank of Japan keeps policy unchanged March 18, 2022 European and US stocks have continued to recover lost ground this week, despite there being little prospect of a ceasefire, or imminent cessation of hostilities, between Russia and Ukraine. “We did falter a little bit during the European trading session after the Kremlin poured cold water on reports of major progress on peace talks, calling [...]
Fish and chip shops struggle to keep heads above water as sector battered by price rises May 25, 2022 Some fish and chip shop owners could be driven to commit fraud in the absence of any further tax relief, one industry boss has warned. The words of warning came from president of the National Federation of Fish Friers, Andrew Crook, who told CityA.M. that the fish and chip industry had felt “abandoned” by the [...]
Rishi Sunak says tax cuts are a fairy tale, but he is chasing a Sleeping Beauty fantasy July 19, 2022 TIMES are tough. We need a bold plan to tackle the cost of living and get growth going. I have heard my friend Rishi Sunak argue that this is not the time to cut taxes, despite people facing the heaviest burden since the 1940s. With all due respect to the former chancellor, he is acting [...]
Chinese cities on lockdown as Covid-19 cases spiral and local stocks tumble March 14, 2022 As China battles its largest surge in Covid-19 cases since the beginning of the pandemic, Beijing has shuttered several cities including technology hub Shenzhen. It comes as Covid-19 cases in the country, which has adopted a controversial ‘Zero-Covid’ stance, tripled in just one day. With fresh restrictions also being blanketed across Shanghai, China’s CSI 300 [...]
Two parties, devoid of the hopeful political vision for the future we need June 29, 2022 One of the most repeated criticisms of our political landscape is the absence of any long term political vision. Survival over reflection, short term over long term, disparate issues over coherent vision. Our politics needs a radical refresh to shift away from chronic short termism and mediocrity to something much more compelling. We’ve all been [...]
Gazprom chases buyers amid mass exodus March 20, 2022 The British arm of Kremlin-backed gas giant Gazprom is scrambling to find buyers to prevent its collapse with customers fleeing the company.
West End landlord Shaftesbury reaps rewards of London’s exploding rents May 24, 2022 West End landlord Shaftesbury has reaped the rewards of exploding rental growth in London, as its portfolio valuation swells as the new Elizabeth line is unveiled. The real estate investment trust raked in nearly £19m in rent in the six months to 31 March, as its offices, hospitality and leisure, retail and residential portfolio increases [...]
That’s Rough: Gas storage site still not open as winter crisis looms October 8, 2022 The UK's largest gas storage facility is unlikely to play a huge role in the UK's scramble for supply security this winter.
London: Six arrests amid Extinction Rebellion protests as Olympians scale oil tanker April 16, 2022 Six people have been arrested after Extinction Rebellion activists, including a pair of Olympians, scaled a Shell oil tanker. The Met police confirmed six arrests for vehicle interference had been made on Saturday, the BBC reported. Climate change activists had been demonstrating in central London against the government funding fossil fuels. It was not known [...]
Four in ten Brits consider job change to counter higher cost of living and rising inflation March 11, 2022 Almost forty per cent of people polled this week have considered changing jobs to counter rising inflation and costs of living. Pressures are showing on people’s wages and mental health, with leading employment board Totaljobs urging employers to support their workers through difficult financial times. In a survey published this week, 37 per cent of [...]