Drivers should have seen bigger fuel price cuts, says RAC October 5, 2022 Drivers should have seen a bigger cut in fuel prices at the pump after costs slumped in September. According to data published today by the RAC, the average price of a litre of petrol went down to 162.9p – the sixth biggest monthly drop since 2000. Filling up a 55-litre petrol car has gone back [...]
Twitter shares halted as Musk ready to buy for original price October 4, 2022 Twitter shares have been suspended following a report that Elon Musk is proposing to buy Twitter for the original offer price of $54.20 a share.
Truss to vow a new era of growth as she tries to steady her premiership October 4, 2022 Liz Truss will tomorrow promise a new era of growth and try to reset her already faltering premiership, just 24 hours after the Tory party descended into all-out civil war at its annual conference. The Prime Minister suffered another damaging day as very public splits emerged within her cabinet, backbench MPs briefed against her and [...]
Aramco boss warns oil markets are still tight despite price slump October 4, 2022 Investors should be focusing on the lack of global spare capacity to boost oil output rather than plummeting demand, argued Aramco.
App Store revenue tumbled last month amid mobile gaming lull October 4, 2022 Apple’s App Store revenue fell last month as gaming slowed on smartphones, according to a note from Morgan Stanley. Analyst Erik Woodring said revenue dropped around five per cent, impacting the US, Canada and Japan. Using data from Sensor Tower, a firm that tracks app downloads and sales, Woodring said the main driver for the [...]
Donelan’s data law reform lag raises eyebrows October 4, 2022 Digital secretary Michelle Donelan has faced criticism over her decision to halt the data reform bill, with experts suggesting that changes will cause more harm than good when carving out the UK’s post-Brexit path. Speaking at the Tory party conference yesterday, Donelan said draft legislation first introduced in July would be paused so ministers could [...]
Film and TV trade body says plunging pound doesn’t guarantee booming sector October 4, 2022 Although the plunging value of the pound could mean big bucks for the UK film and TV sector, the trade association Pact warned that the industry must do more to keep up with this demand. It comes after Adrian Wootton, the chief executive of the British Film Commission (BFC), told the Guardian that demand for [...]
Kwarteng trashes market bets on earlier OBR report and fiscal plan October 4, 2022 The pound today climbed to its highest level against the US dollar in two weeks despite chancellor Kwasi Kwarteng trashing market expectations of a sooner-than-expected fiscal plan. Sterling surged 0.78 per cent against the greenback to buy $1.141. It has now regained all its losses since Kwarteng’s mini-budget rocked the currency last month. UK borrowing [...]
Government chases gas deals with Norway amid supply crunch fears October 4, 2022 The Government is chasing gas deals with Norway, as it looks to ramp up supply security and ensure the lights stay on this winter.
Take the plunge on Yellowfin for Amigos Ho and Lui October 4, 2022 Vincent Ho is having his best ever beginning to a Hong Kong season.
