Dates announced for Aegean Messinia Pro-Am at Costa Navarino June 8, 2022 The dates have been announced for what promises to be Europe’s most luxurious golf tournament later this year. The Aegean Messinia Pro-Am 2022 will take place from 14-17 September at Greece’s incredible Costa Navarino, which was named the World’s Best New Golf Development at the 2020 World Golf Awards. The inaugural 54-hole event, which will [...]
Mishcon de Reya delays IPO for the ‘foreseeable future’ June 8, 2022 London law firm Mishcon de Reya has put its plans to float on the stock exchange on hold, after saying it plans to set them aside for the “foreseeable future”. The Silver Circle firm said it had decided to scrap its plans for an initial public offering (IPO) due to current “market conditions”. In a [...]
Stagflation fears bite back to weigh on London markets June 8, 2022 Growing concerns over soaring prices triggering a period of stalling global economic growth dragged on London’s top indexes today. The capital’s premier FTSE 100 index dipped 0.08 per cent to 7,593 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dipped 0.43 per cent to [...]
Sadiq Khan blames govt funding for ‘extremely frustrating and disappointing’ tube strike as Unite joins RMT walk-out June 8, 2022 City Hall lambasted the government’s refusal to grant Transport for London (TfL) long-term backing, blaming it for indirectly causing the tube strike scheduled for 21 June. The strike is the latest disruption to affect the Transport for London (TfL) network after 4,000 tube workers walked out on Monday. “At the heart of this industrial action [...]
Cutting taxes without reshaping state is ‘challenging’ task, former BoE chief economist says June 8, 2022 The scope to cut taxes without worsening the standard of public services delivered by the state is limited, according to one of the UK’s top economic wonks. Professor Sir Charlie Bean, 68, told Nick Ferrari’s LBC breakfast show today that it will be “challenging… to sustain significantly lower taxes” without reshaping “what the state does”. [...]
Hedge Funds hit out at London Metal Exchange over ‘conflicts-of-interest’ in nickel price fiasco June 8, 2022 The Managed Funds Association (MFA), a powerful Washington lobby group, has accused the London Metal Exchange (LME) of failing to manage its “conflicts-of-interest,” as the market faces mounting criticism over its decision to halt nickel trading last March. In comments submitted to the LME, the industry body which represents hedge funds with £2.6trn worth of [...]
Carbon market reforms collapse in EU Parliament with lawmakers divided over climate targets June 8, 2022 The European Parliament was thrown into chaos yesterday after key environmental proposals were voted down by divided lawmakers.
Italian strike leads to more chaos in UK June 8, 2022 A strike called by Italian air traffic controllers has led to more chaos in the UK. Thousands of passengers were left stranded at British hubs after Ryanair, Easyjet, British Airways (BA) and Jet2 collectively cancelled dozens of flights from the UK to Italy. Easyjet axed 20 flights from Gatwick telling passengers it was doing “all [...]
Fertiliser giant shuts down factory and cuts hundreds of jobs in commercial shake-up June 8, 2022 CF Fertilisers has announced plans to shut down one of its two UK-based factories and cut hundreds of jobs in a vast restructuring of its operations.
Minister: UK ready to press ahead with unilateral change to NI Protocol June 8, 2022 The UK is ready to push ahead with its move to unilaterally change the post-Brexit Northern Ireland Protocol, according to Northern Ireland minister Conor Burns. Burns said the UK’s “simple” solution would be brought to parliament very soon, unless the EU can come up with a renewed political mandate for its negotiators. Irish PM Micheál [...]
