FTSE 100 loses Wall Street bounce as banks falter July 20, 2022 A boost from a bumper day on Wall Street yesterday was not enough to help London’s FTSE 100 finish higher today. The capital’s premier FTSE 100 index shed 0.44 per cent to close at 7,264.31 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, added [...]
Charlotte Ross stands down as acting editor of the Evening Standard with Jack Lefley taking the reins July 20, 2022 Charlotte Ross has stood down from her role as acting editor, just nine months after taking the top spot from Emily Sheffield.
Withdrawal suspension raises alarm among Zipmex users July 20, 2022 Thai cryptocurrency exchange Zipmex has triggered alarm bells with investors after announcing withdrawals were being suspended.
Government unveils funding round to boost UK’s £9bn hydrogen agenda July 20, 2022 Business Secretary Kwasi Kwarteng met with industry leaders to discuss boosting private investment into hydrogen as a viable energy source.
Rail can’t take more than its fair share, says head of new trade body July 20, 2022 The railway sector can’t take more than its fair share from both fare and tax payers, according to Andy Bagnall, chief executive of the new trade body Rail Partners. “Train companies want to give their people a pay rise, but it has to be affordable and in the context of restoring the railway to a [...]
Rishi Sunak or Liz Truss will be the next UK Prime Minister July 20, 2022 Either Rishi Sunak or Liz Truss will be the UK’s next Prime Minister, after coming out top in a series of Conservative MP votes that finished this afternoon. Rishi Sunak picked up the most votes in the final round with 137, followed by Truss on 113 and Penny Mordaunt on 105. The next Conservative leader [...]
Brexit: UK lays foundation to scrap hundreds of EU financial services rules July 20, 2022 Ministers have today tabled landmark post-Brexit legislation in parliament that will lay the foundation to scrap hundreds of retained EU rules on financial services. The long-awaited Financial Services and Markets Bill sets up a mechanism to bin EU financial services regulations one-at-a-time and either replace them with completely new rules or with none at all. [...]
Uniper bailout edges closer as energy crisis deepens July 20, 2022 Uniper is closing on a bailout from the German government, which is weighing up a 15-30 per cent stake in the company.
Nissan Ariya review: Big in Japan July 20, 2022 The Ariya draws on Nissan’s experience with crossovers and electric cars to challenge the Tesla Model Y. Tim Pitt drives it.
EU calls on member states to cut gas usage 15 per cent amid fears Russia will turn off the taps July 20, 2022 The European Union (EU) has urged member states to cut gas usage by 15 per cent until heading into winter to stave off shortages from Russia.
