Brexit: Finland, Luxembourg, Portugal and Greece are exploiting Brexit as UK exporters are being ‘replaced’ January 23, 2022 Smaller EU countries are benefitting from Britain’s departure from the European Union. This is largely because they fill up the Brexit exporters’ spots. In fact, this situation could reduce the UK’s exports to the EU by -7.73 per cent by 2025, according to new analysis shared with City A.M. this week. The top three countries [...]
Four-day working week pilot launches in UK with 100-80-100 model: Full pay and productivity but 80 per cent of the time January 22, 2022 A four-day working week six-month pilot programme has been launched today in the UK. Participating companies and organisations will trial a four-day week with no loss in pay for employees based on the principle of the 100:80:100 model. This entails 100 per cent of the pay for 80 per cent of the time, in exchange [...]
Gold prices finally rise amid Wall Street turbulence and inflationary pressures January 21, 2022 Gold could be returning to its established role as an inflation hedge, with prices finally increasing after many weeks of treading water.
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.
Household energy bills could rise twice this year warns industry boss January 20, 2022 Household energy bills are likely to rise again in October despite a predicted 50 per cent jump this spring, warns the chief executive of Energy UK.
Silver: Golden opportunity or flash in the pan? January 19, 2022 Silver prices are closing in on two-month highs of $24 per ounce, amid disappointing US manufacturing figures and inflationary pressures.
Sony faces biggest share fall since financial crisis following Microsoft’s £55bn bid for Call of Duty maker January 19, 2022 Japanese tech giant Sony experienced its biggest one-day share drop since the global financial crisis on the Tokyo market, following Microsoft’s $75bn (£55bn) bid for Call of Duty maker Activision Blizzard.
Gas prices drop amid milder weather and LNG boost January 19, 2022 Gas prices have slumped despite seemingly favourable geopolitical trends amid milder weather and an LNG boost to formerly flagging supplies.
Oil rally drums up expectations with analysts forecasting $100 prices January 19, 2022 OANDA's senior analyst Craig Erlam has told City A.M. oil prices could reach $100 per barrel during the first quarter this year.
Half of UK households call on government and energy industry to do more to ease rising energy bills January 19, 2022 50 per cent of energy bill payers believe support from the government and energy industry has been inadequate during the current crisis.