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Markets & Economics

  • Sureserve Group revels in rebounding revenues following M&A spree

    January 25, 2022

    Sureserve has rebounded strongly from challenging pandemic conditions with a 24.7 per cent boost in revenues.

  • Sunak has enough room to scrap national insurance hike, according to top City economists

    January 25, 2022

    Chancellor Rishi Sunak has enough room to scrap the looming national insurance hike to ease the heavy cost of living burden weighing Brits down, according to leading City economists. Bumper tax revenues driven by the UK economy performing much better than forecast has provided the Chancellor with a big enough tax windfall to cancel the [...]

  • UK financial watchdog to beef up consumer protections

    January 25, 2022

    The Financial Conduct Authority (FCA) has said it will take "assertive action" against firms seeking to limit compensation for customers.

  • Credit Suisse issues profit warning amid rising legal fees

    January 25, 2022

    Credit Suisse has warned of losses in the fourth quarter as a result of mounting litigation costs and a slowdown in investment activity.

  • Russia has made EU threats look full of hot air

    January 25, 2022

    As the EU's supplies shorten, so does its ability to present a united front in the face of the Kremlin's aggression.

  • Housebuilders drag London markets down as investors flee stocks

    January 24, 2022

    London markets took a beating yesterday driven lower by most sectors tumbling as investors fled stock markets on US Fed rate hike fears. The capital’s premier FTSE 100 index closed 2.63 per cent lower at 7,297.15 points, while the domestically-focused FTSE 250, which is more aligned to the health of the UK economy, lost 3.64 [...]

  • Sea of red: Looming US Fed rate hike spree sends chill through global markets

    January 24, 2022

    A sea of red engulfed global markets today as a looming rate hike spree from the US Federal Reserve sent investors fleeing stock markets.  Traders dumped shares on fears the Fed will send the strongest signal yet on its intention to rapidly rein in ultra-stimulative monetary policy at its meeting of rate setters on Wednesday. [...]

  • Gas prices soar amid supply shortage fears as Russia-Ukraine tensions escalate

    January 24, 2022

    Analysts warned last night that escalating tensions over Russia's seemingly inevitable invasion of Ukraine would hit European gas supplies.

  • Financial Conduct Authority staff mull strike action over pay changes

    January 24, 2022

    Staff at the Financial Conduct Authority (FCA) are considering strike action over changes to pay proposed by management.

  • British Gas owner Centrica picks up customers from fallen firm Together Energy

    January 24, 2022

    Centrica, owners of British Gas, has swooped in to rescue UK households from doomed supplier Together Energy, which ceased trading last week.

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