Court rules London-wide ban on Extinction Rebellion was unlawful November 6, 2019 The High Court have ruled that a London-wide police ban against Extinction Rebellion protests was unlawful, it was announced this morning. The ban was imposed in the second week of the activist group’s ‘”Autumn Rebellion”, during which more than 1,800 protestors were arrested. Read more: Extinction Rebellion protests cost Met Police £37m The group appealed [...]
Petrol price falls for third consecutive month in October November 6, 2019 The price of petrol fell for the third month in a row in October, according to data from RAC fuel watch, with a litre of unleaded nearly 3p cheaper than it was at the beginning of August. The average price of a litre of unleaded dropped 1.57p to 126.42p at the end of the month, [...]
OPEC chief optimistic for 2020 as oil price rises one per cent November 5, 2019 The oil market outlook for 2020 may have upside potential, the secretary-general of producer group OPEC said today, appearing to underplay any need to cut output more deeply. Mohammad Barkindo said he was more optimistic about next year’s outlook than he had been last month, when he said all options, including a deeper cut to [...]
Gold hits highest values since 2013 amid geopolitical tensions November 5, 2019 Renewed economic concerns and rising geopolitical tensions has driven the value of gold to a six and a half year high, according to the Refinitiv GFMS gold survey. In the third quarter gold’s dollar value rose to an average of $1,472 (£1,144.5) per ounce, a 12 per cent increase on the previous quarter and 22 [...]
Stormzy calls on Jacob Rees-Mogg to resign over Grenfell remarks November 5, 2019 Grime artist Stormzy has called for Jacob Rees-Mogg to resign after the Tory MP said on Monday that the victims of the Grenfell Tower fire should have ignored the London Fire Brigade’s advice to “stay and wait.” The rapper lashed out at the leader of the house on Twitter, writing: Read more: Jacob Rees-Mogg says [...]
BHS buyer Dominic Chappell banned from directorships for 10 years November 5, 2019 Dominic Chappell, the businessman who bought BHS from Sir Philip Green for £1 a year before the company collapsed with 11,000 jobs lost, has been barred from serving as a company director for ten years. Sky News first reported today that the Insolvency Service had handed the the three-time bankrupt the decade-long ban. Read more: [...]
Gem Diamonds shares rise despite third quarter price drop November 5, 2019 Gem Diamonds’ share price was up three per cent today despite prices being six per cent lower than in the last quarter. Achieved prices per carat fell from $1,501 (£1164) to $1,417. Read more: Petra Diamonds loses its sparkle as annual profits plunge The leading diamond producer said that it sold 25,631 carats in the [...]
GAN shares soar 11 per cent after huge third quarter revenue growth November 5, 2019 Shares in GAN, the internet gambling software, services and online gaming developer, shot up 9.5 per cent today after the company released its third quarter trading update this morning. The company now expects year-over-year revenue growth of more than 100 per cent in 2019. Read more: Gambling stocks continue their slide after damning report from [...]
Weir Group warns over oil and gas profits after orders decline in third quarter November 5, 2019 Scottish engineers Weir Group today announced a 32 per cent decline in orders for its oil and gas division in the third quarter among challenging market conditions in North America. In response, the company announced that they had undertaken a £30m cost reduction programme in the division, including reducing its North American workforce by around [...]
Up in smoke: Imperial Brands profit shrinks as regulators knock vaping November 5, 2019 Imperial Brands blamed “tough trading” in its vaping division after full-year profits slipped and shareholders saw earnings per share fall by a quarter. Read more: BAT to axe 2,300 jobs as it focuses on vaping The figures Operating profit fell 8.7 per cent to £2.2bn in the 12 months to the end of September. That [...]
