Barclays freezes share awards for ex-boss as Staley fights Epstein probe February 22, 2022 Barclays has frozen share awards to Jes Staley, its former chief executive, as he contests the an investigation into his ties with Jeffrey Epstein.
Largest Roman mosaic found in London for over 50 years February 22, 2022 Archaeologists from MOLA (Museum of London Archaeology) have discovered a mosaic that was once the floor of a Roman dining room, in a “once-in-a-lifetime find”. Situated near The Shard, the uncovered mosaic features two decorated panels set within a red tessellated floor. The design – which features lotus flowers and a pattern known as Solomon’s [...]
Easyjet on track to rejoin FTSE100 February 22, 2022 Low-cost carrier Easyjet is on track to be added into the FTSE100, almost two years after falling from the index as a result of the pandemic’s economic impact. In an indicative review sent around today, benchmarking provider FTSE Russell reported the company’s potential addition to the index, adding the confirmation will be announced after market [...]
Buy-to-let investors profit taking boosts CGT take to record level February 22, 2022 Buy-to-let investors taking profits on their properties has propelled capital gains tax (CGT) receipts to their highest ever level, revealed official figures published yesterday. The Treasury received 20 per cent more income from capital gains tax last year, with receipts climbing to £12.9bn from £10.8bn from the previous year, according to HMRC. A red hot [...]
BoE deputy governor voted for ‘front-loaded’ tightening to quash wage pressures February 22, 2022 Strengthening wage pressures risking further upside inflation surprises led a deputy governor at the Bank of England to vote for a “front-loaded tightening in monetary policy”. Sir Dave Ramsden, a member of the Bank’s rate setting committee who voted for a 50 basis point rate hike at Threadneedle Street’s last meeting, said yesterday further hikes [...]
HSBC profits double to £13.9bn as lender rebounds from pandemic slowdown February 22, 2022 HSBC has reported profits more than doubled last year as the lender recorded stellar growth across its divisions, driven by the release of expected credit losses stored up over the pandemic and a higher share of profits from the firm's associates.
IMF sounds alarm over Nigeria CBDC money laundering risks February 22, 2022 The International Monetary Fund (IMF) has warned that Nigeria's central bank digital currency (CBDC) could create financial risks.
City investors spooked by Russian forces moving into Ukraine February 22, 2022 Russian forces moving into eastern Ukraine sent City investors looking for direction yesterday as London’s top indexes posted a mixed day. The capital’s premier FTSE 100 index added 0.13 per cent to reach 7,494.21 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, fell 0.49 per [...]
Hong Kong Racing Tips: Joy looks a Beauty of a bet in tricky Happy Valley handicap February 22, 2022 CONNECTIONS of Cheerful Days are in for a nail-biting afternoon as they need results to go their way early on in the card to have a chance of sharing the £61,000 top prize with Fa Fa in the Manulife Million Dollar Challenge. This is an annual competition for horses racing at Happy Valley, with points [...]
Hong Kong Racing Tips: Packing can claim the Award in chilly Hong Kong February 22, 2022 RACING is once again on the infamous C+3 track at Happy Valley today, where the draw always plays an important role in determining winners, with the width of the track so narrow and only a short home straight of under two furlongs. Historically, low numbers have a decided advantage, especially over distances of six furlongs [...]
