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      UK investors turn to bonds as equities valuations continue to stretch

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People

  • Boris Johnson: We’re paying higher energy bills due to Putin, Ukraine is paying in blood

    August 25, 2022

     As Brits face soaring energy bills in part due to Russia’s war in Ukraine, outgoing prime minister Boris Johnson said they should take on the burden because “the people of Ukraine are paying in their blood”. The soon-to-be former prime minister made his remarks during a surprise visit to Kyiv as Ukraine marked its 31st [...]

  • Watch the trailer for Sky dramatisation of Boris Johnson’s first days in office battling Covid, Brexit and controversy

    August 19, 2022

    As Boris Johnson enters his final few weeks in Number 10, the trailer for a new Sky drama detailing his first months in office has been released.  BAFTA and Academy Award-winner Kenneth Branagh portrays the flamboyant prime minister in the tumultuous early stages of his term, as he battles the first Coronavirus wave, Brexit and [...]

  • Russia has 38 per cent jump in energy export earnings this year: internal document

    August 17, 2022

    Reuters Higher oil export volumes, coupled with rising gas prices, will boost Russia’s earnings from energy exports to $337.5 billion this year, a 38% rise on 2021, according to an economy ministry document seen by Reuters. The jump in revenues, if it materialises, will help shore up Russia’s economy in the face of waves of [...]

  • Shares fly in Manchester United after Musk jokes he’ll buy the team

    August 17, 2022

    Shares in Manchester United surged 17 per cent in pre-marketing trade this morning after Elon Musk joked that he would buy the famous football club.

  • Victims of infected blood scandal to be given £400m by October

    August 17, 2022

    The government will pay out £400m by October to thousands of people impacted by the so-called ‘infected blood scandal’ Up to 4,000 people will receive payments of £100,000 after contracting HIV and hepatitis C as a result of being given products imported from the US. Many were given infected blood as children in the form [...]

  • Rumours grow job hunter Boris Johnson will join the Daily Mail after leaving Number 10 next month

    August 16, 2022

    Prime Minister Boris Johnson is reportedly busy job hunting as his time in Number 10 comes to an end. The Guardian reported this week that Johnson, who previously wrote for the Daily Telegraph on a salary of £275,000 a month, is looking for a new gig when he ends his term.  In fact, he has [...]

  • Exclusive: Whitehall frustration at Johnson’s October deadline for UK-India trade deal

    August 12, 2022

    Whitehall officials have raised concerns about Boris Johnson’s October deadline for a UK-India trade deal, with suggestions the PM’s “freestyling” could mean a lighter agreement than originally hoped. Johnson and Indian Prime Minister Narendra Modi agreed during an April meeting that there would be a “trade deal by Diwali”, which is on 24 October this [...]

  • Musk sells $7bn worth of Tesla shares as Twitter battle heads to trial

    August 10, 2022

    Elon Musk has sold nearly $7bn (£5.7bn) worth of Tesla shares as his battle with Twitter over his botched takeover heads to court. Musk, tech entrepreneur and the world’s richest man, will head to trial on 17 October. Musk had sold $8.5bn (£7bn) worth of Tesla shares in April, assuring shareholders that he was not [...]

  • Furious Trump discloses Mar-a-Lago estate has been raided by FBI in search for White House records

    August 9, 2022

    The FBI has searched Donald Trump’s Mar-a-Lago estate as part of an investigation into whether he took classified records from the White House to his Florida residence, sources have said. Disclosing the search in a lengthy statement, the former US president said that agents opened up a safe at his home and described their work [...]

  • Warren Buffett’s Berkshire Hathaway books $43.8bn loss after slide on equity markets

    August 6, 2022

    Warren Buffett’s Berkshire Hathaway was hit by the global rout on equity markets in the second quarter of the year as it booked a hefty $43.8bn loss.

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