Oil prices to stay high this year on China reopening and OPEC output snags, experts predict February 19, 2023 Oil prices will be propped up this year by rebounding demand from China alongside tightening supplies into Europe and OPEC's capacity issues.
‘Great mistake’: Boris Johnson warns Rishi Sunak over post-Brexit Northern Ireland protocol February 19, 2023 Boris Johnson has warned Rishi Sunak it would be a “great mistake” to drop the Northern Ireland protocol amid speculation a deal between the UK and the EU is close. It comes as a new post-Brexit trading arrangement for Northern Ireland is expected to emerge within days after the Prime Minister met with Stormont leaders [...]
EDF: Inflation drives Hinkley Point C nuclear plant costs from £26bn to £33bn February 18, 2023 EDF has told investors that the cost of Hinkley Point C nuclear plant could balloon to £33bn, a near 30 per cent hike on previous estimates.
The principle of crypto is amazing, declares Hollywood superstar Keanu Reeves February 17, 2023 The Matrix star Keanu Reeves says he believes in crypto, branding the principles underpinning it as 'amazing'.
Celtic Times and Youthful could make a winning Deal February 17, 2023 THERE is no stopping trainer Danny Shum at present. The popular local trainer has visited the winners’ circle seven times already this month and has his stable on fire. Shum sends eight of his team to Sha Tin, with hat-trick-seeking Supreme Lucky his stand out performer in the TVB Wai Yin Association Special Handicap (9.10am) [...]
Second start could be second win for Five G Patch February 17, 2023 HIGHLIGHTING a 10-race card at Sha Tin in Hong Kong on Sunday is the TVB Cup Handicap (8.35am), worth over £300,000 in prize-money and run over 10 furlongs. Heading the weights for this highly competitive contest is the John Size-trained Running Glory, who recently chased home Senor Toba in Group Two company over nine furlongs [...]
Customers face higher bills as Ofgem double Covid allowance for suppliers February 17, 2023 Ofgem has announced it will almost double the allowance it grants energy suppliers to recover some of the bad debt costs from the pandemic.
FTSE 100 close: Record-breaking week ends with a whimper February 17, 2023 Although it broke records this week the FTSE100, slipped back from the highs, weighed down by underperformance in the banking sector, which has acted as a bit of a deadweight. The blue chip index was at 7,994.94 down17.59 points or 0.22 per cent. The FTSE 250 was down 20,073.69, off 107.76 points. There was also some weakness [...]
Cost of living: Brits switch to discount brands while 1.7m have cancelled subscriptions like Netflix, reveals Lloyds February 17, 2023 A fifth of people polled by Lloyds Bank have switched to discount brands in a bid to save cash to cope with the cost of living, while 1.7m have cancelled subscriptions like Netflix, it has been revealed. The shift to discount shopping has been significant during the cost of living crisis, with an 18 per [...]
From Harry Styles to house prices: The top ten most read stories on City A.M. this week February 17, 2023 From Harry Styles’ Grammy outfit to more recession speculation, to here are the top ten most read stories by readers of City.A.M. this week, ending Friday 17 February. One: Harry Styles’ Grammys outfit The former One Direction band member’s choice of outfits came under the spotlight as he made appearances at both the Grammys and [...]