New year, new record: S&P 500 hitting new high on first day of 2022 is sign investors remain bullish about stocks January 4, 2022 The new year start off with a bang for global markets as Wall Street recorded record highs for the S&P 500 and the Dow Jones Industrial Average. The S&P 500 rose 0.6% and the Dow finished 0.7% higher. Both indexes eclipsed the record highs they set last Wednesday. The Nasdaq composite rose 1.2%. Technology stocks [...]
Gazprom likely to have missed gas export targets to Europe amid deepening energy crisis January 2, 2022 Gazprom is likely to have fallen short of its natural gas export targets in Europe as wholesale costs soar to record levels amid global supply shortages.
Oil prices dip two per cent as Omicron variant renews concerns of supply glut January 2, 2022 Oil prices have fallen amid rising fears of reduced demand and a supply glut next year following record Covid-19 cases reported in major economies.
Staggering 60 per cent of UK employees plan to find new job in 2022 with salary not the most important driver December 29, 2021 The so-called Great Resignation is set to continue into 2022, with a staggering 60 per cent of employees planning to leave their jobs in the next 12 months, according to a new survey shared with City A.M. This is largely a result of over 80 per cent of UK employees feeling less connected to their [...]
London Stock Exchange raises nearly £17bn in highest IPO funding since 2007 December 29, 2021 London Stock Exchange (LSE) companies have raised the most IPO funding in one year than in the last 14 years. Combined the 122 companies listed on the LSE raised over £16.8bn in 2021 – beating competition from the top exchange in Europe and raising the most equity outside of the US and China. The LSE’s [...]
Poverty looms for millions of UK families as energy bills climb by £1200, inflation rises and taxes jump 1.25 per cent in 2022 December 29, 2021 Soaring energy bills, inflation and rising taxes are likely to lead to a ‘cost of living catastrophe’ for millions of UK families, an economic think tank warned this morning. The Resolution Foundation (RF) said from next April families would typically face a £1,200-a-year hit to their incomes as the energy price cap is raised and [...]
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 [...]