The City View: The Fed considers a rate hike, and India considers Russian oil March 14, 2022 On today’s episode of The City View, Andy Silvester chats to City A.M. reporter Jack Barnett about firms raising their prices; whether the Fed and the Bank of England will hike rates, and by how much; and what we can expect of inflation by this October. Andy also takes us through the headlines: Rio Tinto [...]
Bumper year for start-up backers as exit value hits £26.7bn March 14, 2022 Investors in UK start-ups saw a bumper year of exits last year with total value topping a record £26.7bn, as smaller firms roared back into growth mode after a pandemic slowdown, according to fresh data.
Ukrainians will need to know prospective UK sponsor to get refugee visa, says Gove March 14, 2022 Ukrainians trying to come to the UK, without family already here, will need to have a “connection” with their prospective sponsor to get a refugee visa, housing secretary Michael Gove has said. Gove said Ukrainian refugees will need to organise a sponsor themselves before they get here, but that he wants to “rapidly expand the [...]
Home Office under investigation for searching hundreds of migrants’ phones March 14, 2022 The Home Office is under investigation after migration officers took data from hundreds of mobile phones seized from migrants who crossed the English Channel. As first reported by Sky News as part of a freedom of information request, the case relates to 850 individuals who were part of a departmental programme called Project Sunshine. It [...]
Israel will not be a ‘route to bypass sanctions imposed on Russia’ March 14, 2022 Israel’s foreign minister has insisted the country will not be a “route to bypass sanctions imposed on Russia”. Centrist politician Yair Lapid made his comments in Bratislava with his Slovakian counterpart, amid growing concerns that some Russian-Jewish oligarchs could use Israel to get around harsh sanctions. This come after the UK, US and European Union [...]
UK firms to launch price hike spree as Bank of England prepares to lift rates again March 14, 2022 A record proportion of UK firms are preparing to hike prices in a further sign of the scale of inflationary pressures sweeping throughout the economy, reveals a closely watched survey released today. The fresh figures provide further incentives for the Bank of England to hike interest rates for the third meeting in a row when [...]
BrewDog hired private investigators as brewer says ‘false allegations’ made about boss James Watt March 14, 2022 Brewdog CEO James Watt hired private investigators to secure information on individuals he claimed were contributing to a “criminal campaign” of smears. The Guardian reported that investigators were hired to approach people to obtain evidence about other individuals. BrewDog said Watt had been “subjected to a two-year criminal campaign of online harassment, defamation, fraud, blackmail [...]
Foreign home ownership in London swells by £6bn but oligarch exodus to slow cash influx from abroad March 14, 2022 Internationally-registered homes in London increased by £6bn last year, but the impact of Russian sanctions is expected to slow the rate of growth in the market. Despite the pandemic, there was a four per cent increase in the number of houses registered to buyers overseas, up to 84, 451, according to new numbers released by [...]
Oil prices plummet as investors pin hopes on Russia-Ukraine talks March 14, 2022 Oil prices nosedived on both major benchmarks today following renewed peace talks between Ukraine and Russia.
Police called to John Bercow’s Battersea home over domestic disturbance following assault claim by wife Sally March 14, 2022 Police were called to a domestic disturbance at the home of former House of Commons Speaker John Bercow. Authorities attended his Battersea home last August over claims of ‘common assault’ reportedly made by his wife, Sally Bercow, according to The Times. This comes after Bercow was banned from Parliament after the conclusion of a two-year [...]
