Oil sorted? Prices show partial signs of recovery amid reports of mild Omicron variant December 6, 2021 Oil partially recovered on Monday, climbing towards $72 a barrel with reports of Omicron being milder than first feared.
Investments climb back to pre-pandemic levels with cash reserves playing key role January 5, 2021 Despite economic pressures and a recession looming, nearly half of corporates and large SMEs expect business investment to return to pre-crisis levels by the end of this year as business gets back to normal. According to a new survey shared exclusively with City A.M. today, just 16 per cent expect to take three years or [...]
Shortlist announced for London’s top environmental awards January 29, 2021 The City of London Corporation has revealed the 10 Square Mile businesses shortlisted in the capital’s top environmental gongs – the Clean City Awards. The scheme, now in its 26th year, rewards businesses leading the way in improving their environmental performance – be it by reducing plastic use, taking action to cut carbon emissions or by boosting recycling. [...]
City Moves for 26 July – Who’s switching jobs at Investec, FSMB and Smiths Group? July 26, 2019 Today’s City Moves includes Investec, FSMB and Smiths Group. Investec Investec Corporate and Investment Banking has announced the appointment of Ajeeth Narayan as global head of Investec Aviation Finance. Mike Francis will be executive lead of the Aviation Finance franchise, and Celia Britt will become chief operating officer. Ajeeth and Mike were two of the [...]
Ofgem boss to face grilling from MPs as price cap comes under fresh scrutiny February 8, 2022 MPs will put the consumer price cap under scrutiny in Westminister today after Ofgem’s decision to hike energy bills to nearly £2,000 per year.
Exclusive: Energy giants urge struggling customers to get in touch ahead of winter August 9, 2022 Some of the biggest energy firms have encouraged worried customers to make contact with them as soon possible.
Expected 50 per cent hike in energy bills may trigger ‘devastating’ national emergency for millions of older Brits January 13, 2022 An anticipated price jump of about 50 per cent for energy bills across the country, likely from April onwards, can lead to a national emergency for millions of older people, a charity warned this morning. Age UK has urged ministers to take immediate and decisive action on energy bills to “mitigate the potentially devastating impact [...]
Marks & Spencer set to buy more food from EU amid border disruption in Northern Ireland May 23, 2021 Marks & Spencer will reportedly start buying more food from the EU as it looks to reshape some of its supply chain amidst chaos on the Northern Ireland border. The retailer is looking to source more products from companies on the Continent as well as from Ireland and Northern Ireland, the Telegraph reported. It comes [...]
Government plans £6bn loan scheme to protect households from soaring energy bills February 2, 2022 Downing Street will offer struggling energy companies access to billions of pounds in state-backed loans, according to The Times.
Treasury brings in super tax to prevent energy owners cashing out February 1, 2022 The Government has subtly introduced a new "super tax" to deter energy company owners from cashing out lucrative gas contracts.