Russia cushioned from sanctions as partners buy oil above quoted prices February 14, 2023 Russia's trade partners have increasingly paid more for Russian crude than quoted prices suggest Goldman Sachs.
FTSE 100 close: London index nears 8,000 point mark for first time despite UK economy toying with recession February 14, 2023 London’s FTSE 100 nearly hit the 8,000 point mark for the first time ever yesterday despite the UK economy toying with a recession. The capital’s premier index climbed for most of the day, before running of steam during the afternoon trading session, dragged down by a hotter than expected US inflation report showing prices rose [...]
US inflation eases for seventh straight month but pace of decline loses momentum in headache for Fed February 14, 2023 US inflation eased for the seventh month in a row in January, but the pace of decline is beginning to level off, official figures out today reveal. The pace of price increases in the world’s largest economy on an annual basis fell to 6.4 per cent, down from 6.5 per cent, according to the US [...]
Inflation erodes UK real pay rapidly despite record wage increases as 137,000 Brits return to workforce February 14, 2023 UK take home pay is falling at one of the fastest paces since records began over two decades ago despite wage growth racing ahead at the quickest rate outside the pandemic, official figures out today reveal. Real pay fell 4.3 per cent over the three months to December last year when using the consumer price [...]
Reimagine staff training and learning with AI February 14, 2023 | Sponsored For companies looking to level up their employees’ learning processes, Sana’s AI-powered platform could be the ideal solution. Since 2016, Sana has championed the potential of Artificial Intelligence to revolutionise how companies approach learning and development. Capable of providing bespoke recommendations, powering enterprise search and even creating polls, quizzes, translations, images and entire training courses [...]
Develop a plan for your financial future February 14, 2023 | Sponsored Retirement — it’s the period of life we all look forward to, but rising interest rates and challenging investment markets have made the need for planning appropriately for retirement all the more important. Mazars delivers in-depth, tax efficient planning to help you make sense of your finances, alongside the help of wealth management and tax [...]
Take your leaders from good to great February 14, 2023 | Sponsored In an oversaturated market, it’s more important than ever to commit fully to growing your business and making your company stand out from the competition. To grow successfully, a business needs strong leaders and upper management to align the culture, strategy and mindset within a company and of employees. Particularly popular among private businesses and [...]
Fintech trading platform Plus500 to put $100m back in shareholders’ pockets after bumper year February 14, 2023 Fintech trading platform Plus500 topped market expectations for the year today and announced it would put £82m ($100m) back in shareholders’ pockets after cashing in on “higher value” customers last year. In its preliminary full year results, the London-listed Israeli firm announced it would kick off a new $70m share buyback programme alongside a $30m [...]
The £200bn Covid savings war chest that could prevent a UK recession February 14, 2023 There’s a war chest of nearly £200bn – which started to be built up during the pandemic and has grown ever since – that could save the UK from recession. This may come as a surprise when all we hear from Westminster is how skint we are, but the stash of cash isn’t made up [...]
Ireland to keep European economy out of a recession as Britain gets left behind February 13, 2023 Europe is poised to swerve a recession this year in a massive U-turn from warnings of blackouts sweeping across the bloc, with GDP powered by Ireland, new forecasts out today claim. Growth in the European Union (EU) will hit 0.8 per cent this year, an upgrade from the just 0.3 per cent forecast last autumn, [...]