FTSE 100 close: London markets measured after strong week July 21, 2023 London markets stayed flat throughout Friday after a strong week, closing slightly higher and extending earlier gains caused by lower than expected inflation. The bluechip FTSE 100 was measured throughout the day and closed in the green at 7,658.53, while the midcap FTSE 250, which is more aligned with the health of the UK economy, [...]
Retail woes: 47 shops closed EVERY DAY in 2022 amid warning ‘big hitters’ could fall January 2, 2023 The UK’s retail sector had a bruising year in 2022 as more shops closed their doors than at any other point for at least five years. Around 47 sites shut up shop for the last time every day last year, according to new analysis. The Centre for Retail Research found that 17,145 shops on high [...]
Brexit has led to 62 per cent spike in customs duties for UK firms and consumers up to record £4.8bn April 27, 2022 There has been a 62 per cent spike in customs duties for UK firms and consumers as a result of Brexit, amounting to nearly £5bn. A record £4.8bn was paid in customs duties on imported goods in the last year, up from £2.9bn previously, according to new data by accountancy group UHY Hacker Young. Since [...]
Dead Man’s Fingers maker cuts over 500 jobs and enters the red after cyber attack hits sales February 16, 2024 The maker of Crabbie's Ginger Beer and Dead Man's Fingers spiced rum shed more than 500 jobs and entered the red after its sales were hit by a cyber attack, it has been revealed.
Sunak: We must ‘go faster’ on climate change after Putin’s Ukraine invasion November 7, 2022 Rishi Sunak told world leaders today that Vladimir Putin’s invasion of Ukraine was “a reason to go faster” on switching to renewable energy. The Prime Minister told the Cop27 climate summit that green energy is a “fantastic source of new jobs and growth”, while vowing to stick to the UK’s climate promises from last years’ [...]
Enough: Russia’s second-largest oil firm Lukoil urges Putin to end Ukraine war immediately March 4, 2022 Vagit Alekperov, the owner of Russia’s second-largest oil company Lukoil, has called on Russian President Vladimir Putin to put an end to the invasion of Ukraine. The company expressed concerns over “the ongoing tragic events in Ukraine” calling for “the immediate cessation of the armed conflict and fully support its resolution through the negotiation process [...]
Germany u-turns on tank delivery to Ukraine as Russia warns west’s support may lead to ‘World War Three’ April 26, 2022 Germany has u-turned on its decision to directly militarily support Ukraine, as Russia’s foreign minister warned it could lead to World War Three. Chancellor Olaf Scholz changed his mind after he was accused of stalling on fulfilling an order of German-made tanks, listed in Vlodymyr Zelensky’s so-called wish-list of military support. Germany said it would [...]
European equity products weather second-highest month of outflows ever September 8, 2022 European equity products weathered their second-highest month of outflows on record in August as investors continued to flee markets in the face of continued volatility.
Putin in rare apology over Russian foreign minister Sergei Lavrov’s claim Hitler had ‘Jewish blood’ May 6, 2022 Russia’s president has issued a rare apology after backtracking on his foreign minister’s claim that Adolf Hitler had “Jewish blood”. In a phone call to Israel’s prime minister Naftali Bennett, the Kremlin’s leader said sorry after fury was sparked earlier in the week. Bennett had condemned the “lies” by Russia’s Sergey Lavrov, while foreign minister [...]
Ukraine war Day 6: Russia admits close to 500 of its troops are dead with thousands wounded March 2, 2022 Some 498 Russian troops have been killed in Ukraine, with 1,597 wounded, Russia’s Defence Ministry said in its first report of military casualties since the country invaded its eastern European neighbour last week. Moreover, the Russian bombardment of Kharkiv in Ukraine has killed 21 people and hurt 112, a Ukrainian official said. Some Russian planes [...]