Oil prices remain stable with OPEC+ expected to maintain output increases January 4, 2022 Oil prices have remained stable ahead of today’s OPEC+ meeting, with the organisation on course to increase supplies in the market.
Musk under fire for opening Tesla showroom in Xinjiang January 4, 2022 Elon Musk is under fire for opening a Tesla showroom in Xinjiang, an area of China where Uighur muslims are subject to human rights abuses.
Gas prices rise for second day running as Russia cuts supplies into Europe January 4, 2022 Gas prices have surged for a second day, deepening Europe’s energy woes amid fears of a blackout this winter.
Consumers should brace themselves for runway energy bills as price rises that overwhelmed suppliers in 2021 start to trickle down January 4, 2022 Consumers should brave themselves for runaway household bills this year as the energy sector continues to struggle with soaring gas prices, which consigned a string of energy suppliers to the graveyard in 2021. Energy suppliers had been paying 54p per therm of gas at the beginning of last year. By September 2021, that had reached [...]
Brits scrambling for early Christmas presents boosts credit lending to 16-month high January 4, 2022 Brits scrambling to get their hands on Christmas presents early to avoid shortages boosted credit card spending to a 16-month high, reveal official figures released today. Households in the UK took on £1.2bn in net consumer debt in November, the highest level in nearly a year and a half, according to the Bank of England. [...]
Biggest shake-up of national security in two decades a fact as new rules aimed at making foreign takeovers harder come into force January 4, 2022 Potential foreign buyers face a new regulatory regime as new rules that will make it harder for foreign firms to buy British businesses considered key to national security have come into force. The National Security and Investment Act is said to be the biggest shake-up of the UK’s national security regime for 20 years and [...]
Apocalypse Never: World’s leading powers announce pledge to avoid nuclear war January 4, 2022 China, France, Russia, US and the UK have agreed a "nuclear war cannot be won and must never be fought."
Estonia denies crypto ban rumours as new rules considered January 4, 2022 Estonia has reassured crypto investors the government will not ban digital assets as it moves to tighten money laundering rules.
PMI: UK factories hoist prices at fastest pace on record January 4, 2022 UK factories are hiking prices at the fastest pace on record as firms scramble to protect their margins amid a cost onslaught, reveals a closely watched survey released today. British manufacturers lifted prices at the quickest pace ever recorded by IHS Markit, the organisation that complies the purchasing managers’ index (PMI). Input price inflation hovered [...]
Strict new Brexit transport rules make UK businesses ‘give up’ on EU imports: ‘Simply not worth the hassle’ January 4, 2022 Many British businesses may “give up importing” as a result of new strict rules that came into force on Saturday, on 1 January, a former senior civil servant in charge of Brexit planning has warned. Philip Rycroft, who was permanent secretary at the Department for Exiting the European Union (DExEU) between 2017 and 2019, said [...]