Crypto exchange Coinbase blocks 25,000 Russian accounts March 8, 2022 Crypto exchange Coinbase has blocked 25,000 accounts linked to Russian individuals and businesses.
Inflation to accelerate far ahead of Bank of England’s target as rate hikes loom March 8, 2022 Inflation in the UK will soar far above the Bank of England’s target this year as the Russia-Ukraine war drives energy prices to record highs. Accelerating prices will hit “almost all businesses and consumers” this year and choke economic growth, Thomas Pugh, an economist at RSM, warned today, adding that the cost of living could [...]
Global markets finally cool after series of volatile sessions March 8, 2022 Global stock markets were a bit calmer today, allowing investors who have been involved in a series of severely volatile sessions since Russia sent troops into Ukraine to breathe a sigh of relief. The capital’s premier FTSE 100 index inched 0.07 per cent higher to close at 6,964.11 points, while the FTSE 250 index, which [...]
Nadine Dorries selects barrister Orlando Fraser as preferred candidate for Charity Commission top job March 8, 2022 The government has named barrister Orlando Fraser as its preferred candidate for Charity Commission Chair Culture secretary Nadine Dorries made the announcement regarding the top job at the regulator on Tuesday. Fraser will now appear before MPs on the digital, culture, media and sport select committee for pre-appointment scrutiny at an unconfirmed later date. He [...]
Hong Kong Racing Tips: Lucky looks the value amongst Purton’s book of Quality rides March 8, 2022 ZAC PURTON’S fans will no doubt once again be rubbing their hands with anticipation when the leading jockey arrives at Happy Valley. Purton has an extraordinary record at the city-track this season. Not only has he ridden a staggering 45 winners, but his win and place tally, from 156 rides, presently stands at over 60 [...]
Zelensky invokes Churchill as tells MPs ‘we will fight in the forests, in the fields, on the shores, in the streets’ March 8, 2022 Volodymyr Zelensky invoked Winston Churchill’s most famous speech in a historic address to the House of Commons today, telling MPs “we will fight in the forests, in the fields, on the shores, in the streets” and that “we will not lose”. In the first ever address by a foreign leader in the Commons, the Ukrainian [...]
Hong Kong Racing Tips: Time has come for Moreira’s Star to Spark back into life March 8, 2022 BANK on reigning Champion Jockey Joao Moreira to once again be in the spotlight when racing gets underway with a nine-race card at Happy Valley. It didn’t take long for the ‘Magic Man’ to get back into the swing of things following his six-meeting suspension last month. A couple of winning doubles at the Valley [...]
The City View: US and UK boycott Russian oil, and Susannah Streeter and Michael Hewson on inflationary pressure March 8, 2022 Today Andy Silvester sits down for a chat with Hargreaves Lansdowns’ Susannah Streeter and CMC Markets’ Michael Hewson. They discuss trading being suspended on the London Metal Exchange after a record price spike in nickel; the Bank of England assessing inflationary pressures; and a whole mélange of financial woes for Brits as energy bills, taxes, [...]
Direct Line profits suffer as insurance giant weathers ‘challenging market’ March 8, 2022 Insurer Direct Line reported humble growth this morning as the group feels the sting of inflation. Whilst operating profit increased to £582m, driven by an increase in underwriting, its profit before tax of £446m was £5.4m lower than 2020. The focus seemed to be on cost cutting for Direct Line; the firm reduced its operating [...]
Ashtead weathers pandemic storm with revenue on the up March 8, 2022 Industrial equipment group Ashtead beat market expectations for its third quarter this morning, with revenue up 23 per cent, and rentals booming 25 per cent. The owner of Sunbelt Rentals in the UK, USA and Canada made significant investment in the past year, including $1.7bn (£1.3bn) in capital in the last quarter, with 81 locations [...]
