Scottish Widows slashes $2bn of tobacco and coal investments over ‘stranded assets’ fears March 28, 2022 Pensions giant Scottish Widows has announced it will scrap nearly $2bn of tobacco and coal investments over fears that they will become “stranded assets”, as investors and consumers increasingly shun the sectors.
Pantheon Infrastructure invests £40m in UK gas infrastructure March 28, 2022 Pantheon Infrastructure (PINT) will invest £40m in the UK's gas transmission and metering business alongside Macquarie.
Bitcoin flying at 3 month high as crypto market cap tops $2 trillion March 28, 2022 Bitcoin's price could be ending its sideways churn with the price of the world's oldest crypto currency topping $47,000 this morning.
Bitcoin currently sitting above important price point March 28, 2022 The price of Bitcoin this morning rose to more than $47k for the first time since January 4. It’s since settled back to around $46,950.
Forest surrounding Chernobyl ablaze as Russia reports stable levels of radiation March 28, 2022 There is a large forest fire burning in the Chernobyl exclusion zone, which have lead to heightened levels of radioactive air pollution, a Ukrainian official has warned. There is a threat to neighbouring European countries, as there is more than 10,000 hectares of forest ablaze, according to commissioner of the Verkhovna Rada of Ukraine for [...]
1 Minute Market Rundown – 28th March 2022 March 28, 2022 Russia – UkraineBanks predict a more aggressive FEDCrypto looks to break out…finally Markets currently have two themes. The first is the bond market which continues to trade as if it’s on the receiving end of a slap from Will Smith. Yields relentlessly push higher as the market continues to reprice an even more hawkish FED. [...]
Opinion-in-brief: A divided cabinet shows there is no quick energy fix March 28, 2022 Boris Johnson’s calls to ramp up wind and nuclear power reflect his desperation to shore up the security of the country’s energy supplies and his enthusiasm for the net zero agenda, but they also defy the deepening splits within his own cabinet. Downing Street and the Treasury are at loggerheads over the Prime Minister’s push [...]
Sir Iain Duncan Smith: ‘Sub-crisis’ emerging as loan sharks capitalise on rising cost of living March 28, 2022 With more than 1m Brits in debt to predatory illegal lenders, a “sub-crisis” may emerge as soaring costs of living heap added pressure on those with fragile finances. Former Conservative leader and ex minister at the Department for Work and Pensions, Sir Iain Duncan Smith has been campaigning. But not for an election. The veteran [...]
UK ransomware attacks double in past year March 28, 2022 New data has revealed that the number of ransomware attacks reported to the Information Commissioner’s Office has increased 100 per cent from 326 in 2020 to 654 in 2021.
Car dealership Lookers sells Battersea site for £28m March 28, 2022 Car dealership chain Lookers has sold a freehold dealership property in Battersea, south London for £28m. The 95,000 sq ft property was sold with Urban Logistics REIT, with a 20-year lease agreed at an initial rent of £1.25m per year. Lookers CEO Mark Raban said: “We’re pleased to have agreed the selective sale and leaseback [...]
