British Gas boss slams rivals for not supporting plans to ringfence credit balances June 7, 2022 British Gas hits out at rival firms not backing its plans to ringfence the credit balances of customers, as part of plans to toughen up the energy sector.
Are the days of the US dollar as world’s reserve currency numbered? April 20, 2022 The US dollar has been the world’s reserve currency for more than 100 years, but how long will it be before we seen a new unit of exchange replacing it
Fracking fury: Industry body hammers Sunak after shale gas U-turn October 27, 2022 UKOOG has expressed its fury with Prime Minister Rishi Sunak's apparent decision to re-impose the ban on fracking.
Industrials rally lifts FTSE 100 but inflation jitters linger October 7, 2021 A rally among industrial stocks lifted London’s FTSE 100 this morning, but concerns about stickier than expected inflation tempered gains on the capital’s markets. The FTSE 100 added 0.78 per cent to rise above the 7,000 threshold in the opening session. Market sentiment has been stung by concerns the UK economy is headed for a [...]
Uncertain week ahead: Nervous markets hold their breath as Ukraine-Russia tensions reach boiling point February 14, 2022 Despite Friday’s weakness European markets still managed to finish the week higher, with the FTSE100 finishing higher for the second week in a row. For US markets it was a week of two halves, with a decent first half undermined by two days of sharp losses, which were prompted by an unexpectedly hot January CPI [...]
Billionaires, showrooms and mega-deals: Inside London’s private jet scene April 30, 2024 From glitzy Mayfair showrooms to the City's secretive airports - Guy Taylor takes a closer look inside London's private jet scene
Analysis: UK more bullish on energy sanctions with EU’s Russian dependency raising supply fears February 27, 2022 The West has ramped up sanctions against Russia but only the UK appears eager to push for new limits to Russian energy supplies.
Navigating systemic risks: Ukraine, climate and crypto August 23, 2022 “You cannot anticipate exactly how these risks or dangers are going to play out… But we should be pretty assertive in insisting that we need certain principles, including enough capital buffers — that is, equity unencumbered by any kind of contingent debt or anything like that — that can really withstand shocks in the core [...]
The week in review July 29, 2022 Bitcoin had a sudden surge yesterday breaching $23,000 for the first time and even (briefly) spiking to beyond $24,000 at one point early this morning. So what’s going on and is it likely to stay there?
As supermarkets keep costs low, farming bears the brunt of inflation in the middle March 28, 2022 The British farming industry is facing a tumultuous future. The impact of high inflation coupled with the reverberations of the war in Ukraine has left farmers high and dry without access to crucial products. What insiders have termed an “unprecedented crisis” could cause radical change in the British farming sector – an opportunity for some, [...]