UK to remain one of the top six global economies post-Covid, says CEBR report December 26, 2021 The UK will stay as one of the top six global economies for the next fifteen years, according to a new forecast published by the CEBR.
Yamal-Europe pipeline reports reverse flows for sixth day running as Europe’s energy crisis deepens December 26, 2021 The Yamal-Europe pipeline has been sending fuel eastwards for the sixth day running as fears over energy shortages this winter continue to rise.
Oil prices show signs of recovery after encouraging reports on Omicron variant December 23, 2021 Oil prices remain stable following multiple reports from the UK confirming the Omicron variant is milder than previous variants.
Market outlook for 2022 December 23, 2021 | City Talk With 2021 is ending a relatively volatile fashion compared to the calm that prevailed throughout most of the year, is this a recognition of the issues that lie ahead in 2022? Inflation The ‘great reopening’ of the global economy of 2021 prompted a bout of inflation of a magnitude not seen for decades. A spiral [...]
BHP terminates support agreement with Normont after withdrawing takeover offer December 23, 2021 BHP has ripped up its support agreement with Noront Resources after pulling out of a deal to acquire the nickel miner last week.
End of year rush sees value of FCA fines increase fourfold to £618m. highest level in six years December 23, 2021 An end of year surge in fines has seen the value of FCA fines increase fourfold to £618m this year, up from £156m last year, the highest value of fines in six years, according to new data shared with City A.M. this morning. The increase in fines in 2021 was dominated by four blockbuster fines [...]
Good Energy calls for government support as share price plummets amid soaring wholesale costs December 22, 2021 Good Energy's shares tumbled seven per cent on Wednesday, after it downgraded it profits guidance by £3m amid serious volatility in the industry.
Exclusive: ‘No quick fixes’ in 2022 as Deutsche Bank’s global investment chief discusses inflation and central banks December 22, 2021 Inflation and central banks will be in focus next year. In fact, 2022 should be the year where central bank policy really starts to change gear, with other central banks to follow the Fed’s line on tightening, according to Christian Nolting, Global Chief Investment Officer at Deutsche Bank. “But there will be plenty of other regime [...]
US inventories prop up oil prices amid Omicron uncertainty December 22, 2021 Oil prices have stabilised following five per cent drops on Monday, after US crude inventories revealed larger-than-expected declines.
Sony-Zee merger to form Indian entertainment giant to rival Disney and Netflix December 22, 2021 Sony’s Indian arm has reached a deal with Indian rival Zee Entertainment to create the second biggest entertainment network in India. The Indian unit of the Japanese conglomerate will merge 75 television channels, film assets and two streaming platforms with Zee Entertainment, in a bid to compete with streaming rivals Netflix and Disney in India. [...]