Is the “Santa Rally” real? December 2, 2021 Investors found their festive spirits in 2020 despite a raging pandemic. Even with most of the global economy shut due to Covid-19, US stocks recorded their best December monthly return in over a decade, with the Ibbotson SBBI US Large Cap index returning 3.8%. It was the second year in succession that US stocks have [...]
Ofgem offers suppliers pathway to recouping costs after taking on new customers December 1, 2021 Energy firms that rescued stranded customers from fallen suppliers since September can now submit claims for incurred costs.
Oil market awaits Omicron’s effect on demand December 1, 2021 Oil prices are hovering at around $70 per barrel with big swings on both benchmarks amid growing uncertainty over the Omicron variant.
Israeli AI firm Windward to list on London AIM with £126m market cap December 1, 2021 Maritime technology firm Windward has announced today its intention to IPO on AIM on 6 December with a market cap of £126.5m.
Brickability revenue soars by 197 per cent amid construction boom December 1, 2021 Brickability benefitted from the recovery of the housebuilding market in the six months to September 2021 with revenue up 197 per cent.
House prices jump 10 per cent in a year amid buoyant market December 1, 2021 House prices are 10 per cent higher than they were last November, and grew 0.9 per cent compared to October, according to an index.
London lags behind country on house price growth December 1, 2021 London is still playing catch up to the rest of the country on house price growth, Rightmove data revealed today. The national average price of property is set to rise 5 per cent next year, thanks to the ongoing trends of fierce buyer demand and low stock levels. However, the London market will grow at [...]
Exclusive: Food safety concerns spark cabinet row over UK-India trade deal November 30, 2021 Ruptures have once again emerged across government over the direction of the UK’s post-Brexit trade policy, with environment secretary George Eustice raising concerns about a potential deal with India. Whitehall sources told City A.M. that India’s food safety standards have been a cause for concern for Eustice and the Department for Environment, Food and Rural [...]
Ofgem could bring in ‘fit and proper’ tests and hedging controls for energy suppliers November 30, 2021 Ofgem could bring in “fit and proper” tests and capital requirements for suppliers as soaring wholesale costs wreak havoc with the market.
Pipe down: Kremlin tells US to stop interfering in Nord Stream 2 project November 29, 2021 Russia has warned the US not to put further pressure on any party over the certification of the $11bn Nord Stream 2 pipeline.