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Markets & Economics

  • Russia ‘will survive’ if kicked out of SWIFT system, says VTB chief executive

    December 19, 2021

    Russia's financial system would to cope even if it was disconnected from the SWIFT payments system, says VTB Bank's chief executive.

  • Mike Ashley reportedly weighs up move to take Frasers Group private

    December 19, 2021

    Mike Ashley is apparently weighing up a move to take Frasers Group private after strong profits this year, according to The Telegraph.

  • Gas exports to Europe fall again as supply shortages and cold winter causes prices to surge

    December 19, 2021

    Russian natural gas deliveries through the Yamal-Europe pipeline dropped sharply on Sunday amid surging energy prices across Europe.

  • Concerns over looming circuit breaker lockdown to weigh on London markets this week

    December 19, 2021

    Concerns over whether the UK is heading for a pre-Christmas circuit breaker lockdown are likely to loom over investors this week. Ministers are reportedly drawing up plans to saddle Britain with tighter restrictions on socialising and household mixing to curb the rapid spread of Omicron. Health secretary Sajid Javid yesterday refused to rule out imposing [...]

  • Short sellers line up more bets against Cineworld after £700m damages bill

    December 19, 2021

    Nearly 16 per cent of Cineworld’s shares are on loan to short sellers as its financial woes deepen, according to the latest data from IHS Markit.

  • Piers Corbyn arrested after encouraging people to burn down MPs’ offices

    December 19, 2021

    The Metropolitan Police have arrested Piers Corbyn after he called for MPs' offices during a speech at an anti-lockdown rally yesterday.

  • New record of 830,000 Covid booster jabs administered in a day

    December 19, 2021

    The number of jabs being delivered to patients in England has hit a new record with 906,656 people receiving vaccines yesterday.

  • Competition watchdog investigates complaint over treatment of whistleblower

    December 19, 2021

    The UK's competition authority has reportedly launched an internal investigation into claims a director pressured a whistleblower to retract claims.

  • Oil prices slide amid surplus fears as Omicron hits demand

    December 19, 2021

    Oil prices have dropped again as fears over the Omicron variant and its effect on demand spread across the market.

  • Drax exploring £3bn expansion drive with North American biomass plants

    December 19, 2021

    Drax is scouting locations for biomass-powered generation plants with carbon capture technology, according to The Sunday Times.

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