Global uncertainty strengthens case for UK oil and gas, says industry boss October 23, 2023 Emerging geopolitical challenges are strengthening the case for domestic oil and gas production, argued the chief executive of OEUK.
Boris Johnson’s farewell speech at Number 10 gives unity call: ‘It’s time for politics to be over’ September 6, 2022 Outgoing prime minister Boris Johnson’s farewell speech offered a unity call to his successor Liz Truss’s government, saying it’s “time for politics to be over” and for the party to stop infighting. In a brief early-morning address to a packed crowd outside the famous black door of Number 10, Boris Johnson said the torch had [...]
Full Russian energy embargo could stop war, says ex-Putin aide April 10, 2022 A full embargo on Russian energy exports by western countries could effectively end the invasion of Ukraine immediately, according to a former Vladimir Putin aide. Dr Andrei Illarionov said Putin “did not take seriously” the threats from the UK, EU and US to ban Russian oil and gas. European countries have vowed to end their reliance [...]
Bank of England to surpass Federal Reserve and hike interest rates to 15-year high May 31, 2023 The Bank of England will have to hike interest rates to their highest level in more than 15 years to tackle sticky inflation that will stay above its target for at least another three years, a top Wall Street investment bank has warned today. Researchers at Goldman Sachs suspect businesses will carry on passing on [...]
Blackstone nearly doubles London workforce after wooing dealmakers March 8, 2022 Blackstone has nearly doubled its London workforce during the pandemic, according to its chief operating officer (COO) today, as it eyes the capital as the jewel of Europe. Betting on Europe to keep pumping out sparkly investment opportunities, the now 500-strong team has been built by wooing dealmakers from investment banking rivals. “We are at [...]
Snapchat’s shares slump as chief exec warns against revenue and hiring slowdown May 24, 2022 Snapchat has warned it would be slowing its hiring process, warning investors that revenue would slow in the coming months, hitting the low-end of estimates.
Investor confidence is ‘the lowest we have seen’, warns Hargreaves Lansdown chief August 30, 2022 The chief of retail investment platform Hargreaves Lansdown warned that investor confidence was at an all time low today as he encouraged Brits to shrug off the “short term volatility” that has rocked equity markets this year.
Potential breakthrough as West may concede to Putin: Ukraine to drop NATO to avoid war with Russia, says diplomat in UK February 14, 2022 Ukraine may consider dropping its ambition to join NATO to avoid war with Russia, its country’s ambassador in the UK has suggested. Vadym Prystaiko told BBC Radio 5 that the country would, due to threats and blackmail, consider “serious concessions” including removing the goal of joining the NATO alliance from the Ukrainian constitution. It comes [...]
Will oil and gas remain biased to the upside? December 24, 2023 You cannot tell the story of oil and gas in 2023 without talking of a fall.
The success of LVMH is a testament to the resilience of the super rich April 28, 2023 There is a deeper trend behind LVMH’s growth over the past decade and more: the resilience of high-end consumers to almost any setback.