1 Minute Market Rundown – 26th April 2022 April 26, 2022 Risk Stages a Comeback into the US CloseCrypto ReboundsSterling and Euro Continue to Look Vulnerable As you finished work yesterday you would have been forgiven for expecting risk markets to remain offered following what could only be described as a horrid day for markets. China’s ‘zero covid’ strategy as well as concerns over inflation weighed [...]
Brexit: Deep decline in EU to UK trade as imports plunge by 25 per cent April 26, 2022 Imports from the EU have dropped by 25 per cent, according to a new study. The new report says there was a sharp drop in the number of trading ties between British exporters and EU importers after the Brexit deal was signed, with “lower value” relationships hit, as Britain stopped selling to smaller countries in [...]
Explainer-in-brief: Whitehall’s 19th century work-from-office edict April 26, 2022 Jacob Rees-Mogg, one of the last bastions of a bygone era in Parliament, has demanded civil servants return to their desks with a reminder of everything they’ve been missing – passive aggressive notes from colleagues. The minister for – and read this slowly – government efficiency left notes for civil servants not at their desks [...]
New Lamborghini Huracan Tecnica could be the supercar sweet-spot April 26, 2022 Combining elements from the hardcore Huracan STO and entry-level Evo RWD, the new Tecnica model promises the best of both worlds.
Shell closes in on $1.8bn deal for Indian renewable power developer amid low-carbon push April 26, 2022 Shell is closing in on a deal for Sprng Energy as it looks to speed up its shift to low-carbon energy and expand its presence in India.
Santander pre-tax profit surges, as bank keeps watchful eye on soaring inflation April 26, 2022 Santander’s pre-tax profit has surged this quarter, despite the bank having to keep a watchful eye on soaring inflation. Profit from continuing operations before tax climbed more than 180 per cent to £495m in the three months to 31 March. However, with the looming risks of higher inflation, credit impairment charges came in at £52m, [...]
Loungers eyes profit ahead of market expectations after post-Omicron rebound in sales April 26, 2022 Bar operator Loungers now anticipates its yearly profit to be “slightly ahead” of market expectations, after a strong performance after Christmas. In a trading update for the year to 17 April, the firm said it “recovered strongly” after a period of “subdued” trading in December, due to the Omicron variant and related Covid measures. The [...]
Happening film review: An indie gem worthy of its accolades and hype April 26, 2022 The winner of the prestigious Golden Lion at last year’s Venice Film Festival finally hits UK cinemas, with Happening, the second film from journalist-turned-director Audrey Diwan, arriving with a hive’s worth of buzz. Set in France in 1963, Happening is the story of Anne (Anamaria Vartolomei), a promising student with a bright future ahead of [...]
Elementis to review Chromium business amid efficiency drive April 26, 2022 Elementis has announced a strategic review of its Chromium business, opening up the possibility of a partial or full divestment from the metal.
Jupiter’s assets under management drops as client demand held back by high inflation and war April 26, 2022 British fund manager Jupiter Fund Management has seen its assets under management drop as geopolitical and inflationary pressures dampened client demand. In a trading update for the three months to 31 March, the firm said its assets under management closed the period at £55.3bn. This marked a £5.2bn drop from 31 December, fuelled by negative [...]