Bank of England doubles daily bond purchase cap, but borrowing costs surge October 10, 2022 The Bank of England has rolled out a raft of measures to help shore up the UK gilt market this morning as it looks to stave off a return to turmoil when it halts its bond-buying programme on Friday.
Bonhill loses nearly a third of its value after announcing sale plans October 10, 2022 Bonhill Group lost nearly a third of its value this afternoon after the financial publisher confirmed it was mulling a sale. In a trading update, the London-listed company, which produces magazines and events for financial advisors, said it would be conducting a strategic review, which could lead to a sale of the business, or at [...]
Green groups oppose Government plans to cap renewable revenues October 10, 2022 Green groups have raised red flags over Government plans to cap the revenues enjoyed by established domestic renewable projects.
FCA questions banks over Whatsapp use October 10, 2022 The UK’s financial watchdog is quizzing top banks on the use of Whatsapp by staff as it looks to follow US regulators in a clampdown on the use of personal devices.
Sturgeon says she’ll ‘never give up’ on independence as referendum court hearing to start October 10, 2022 Nicola Sturgeon has said she will “never, ever give up” on Scottish independence, just a day before a Supreme Court hearing will begin over the legality of a new referendum. The Scottish First Minister claimed at the SNP’s annual conference that “the nations of these islands will work together better with independence than we do [...]
The City is bouncing back: Itsu sees sales surge past pre-Covid levels amid office return October 10, 2022 Asian-inspired restaurant chain Itsu has declared London is “back in business” after the capital has endured a protracted footfall recovery from Covid lockdowns. Itsu’s City sites have seen sales steadily grow throughout the year, with its third quarter shooting beyond pre-Covid levels, the brand said on Monday. “Increasing numbers” of customers are being served midweek, [...]
Exclusive: Farming body backs green projects after Truss’ solar snub October 10, 2022 The National Farmers Union has defended the development of solar projects across the UK's agricultural landscape.
Global ESG funds set to hit $34tn by 2026, says PwC October 10, 2022 The global value of environmental, social and governance funds will surge to nearly $34tn by 2026 as investors look to profit from a transition to green energy, according to a new report.
Airbus and Air France plead not guilty at 2009 Rio crash trial October 10, 2022 Airbus and Air France have pleaded not guilty to “involuntary manslaughter” as the nine-week trial over their involvement in the 2009 Rio plane crash started today. The airline and the manufacturer are on trial in a Paris court 13 years after an Air France plane from Rio to Paris crashed into the Atlantic, killing all [...]
Getir in takeover talks with rival Gorillas October 10, 2022 Rapid delivery giant Getir is reportedly in advanced talks to take over rival Gorillas. According to a report in Bloomberg, sources familiar with the matter said a proposed deal would be a mix of cash and equity. They said no final decisions had been made and the talks may not ultimately result in a sale. [...]
