Oil: Market rally drums up hopes of $100 prices amid tightening supplies and international tensions January 20, 2022 Rebounding demand, tightening supplies and geopolitical tensions could power oil prices above $100 per barrel for the first time in eight years.
Boris Johnson’s endurance on immigration will be put to the test by labour shortages September 22, 2021 I always loved interviewing Stuart Rose. He was great company and if you stayed quiet long enough after asking a question, he’d give you a quote that made his press officers wince. Unfortunately for the former M&S chief, his honesty caused his downfall in Westminster when – as a Remain supporter during the Referendum campaign [...]
Treasury considers cutting green levy to ease cost-of-living crisis for UK households January 11, 2022 The Treasury is mulling over cuts to green levies with UK households facing increased energy bills later this year amid a cost-of-living crisis.
German politicians rule out new gas contracts with Russia amid spiking gas prices February 24, 2022 German politicians rule out new gas contracts with Russia, following the country's invasion of Ukraine, with gas prices spiking amid supply fears.
Self-isolation nation: Recovery sluggish as GDP climbs 0.1 per cent in July September 10, 2021 The UK economy grew just 0.1 per cent in July as the post-Covid recovery continued to slow. New official figures released this morning showed a significant fall from June’s one per cent growth, with the economy still 2.1 per cent below its pre-pandemic peak in February 2020. Chancellor of the Exchequer, Rishi Sunak remained positive [...]
Monzo savings partner pauses products amid money laundering probe August 14, 2021 OakNorth, a Monzo partner that provides savings products for the challenger bank, temporarily withdrew offers for new customers a fortnight after it emerged that the FCA had launched an investigation into the British digital bank over possible money laundering activity. Challenger bank OakNorth, which is one of the lenders that have provided £1bn worth of [...]
Octopus Energy calls on government to speed up wind power developments March 16, 2022 Octopus Energy (Octopus) has called on the government to cut red-tape and speed up the building process for ramping up wind power in the UK.
Investec overcomes weak South African economy and Brexit to post profit rise May 16, 2019 Banking giant Investec battled weak economic growth in its two core markets South Africa and the UK to post a 9.4 per cent full-year profit rise. The South African financial services group said it delivered a “sound” performance against a challenging operating environment, in its results for the year ending 31 March. Read more: Investec [...]
MPs and peers urge Boris Johnson to scrap taxes on energy bills to reduce cost of living crisis January 2, 2022 Twenty Tory MPs and peers have called for the Prime Minister to scrap VAT and environmental levies on energy bills to ease the cost of living crisis.
Brewin Dolphin signs deal for Investec’s Irish business as assets dip May 10, 2019 Asset manager Brewin Dolphin today said it has signed a deal to buy Investec’s wealth management business in Ireland as it posted a dip in total funds for the half-year. Brewin Dolphin said it will pay roughly €44m (£38m) for the Irish business, adding the deal would make it one of the top three wealth [...]