Shoppers flock to Oxford St in West End’s busiest week since last November February 3, 2022 The West End has enjoyed busiest week since November 2021 following the easing of Covid restrictions last month. In the first full week since plan B measures eased, areas including Covent Garden and Oxford St, saw a return of shoppers. Footfall hit 79 per cent of pre-pandemic levels, the highest seen since last autumn, before [...]
BP snaps up stake in biofuels firm to accelerate shift away from diesel February 3, 2022 BP has snapped up a major stake in the UK’s largest provider of low-emission hydrogenated vegetable oil (HVO) fuels as it looks to accelerate the transition away diesel usage in transport. The British energy giant has taken a 30 per cent stake in Green Biofuels, and will now work with the firm to spur growth [...]
Shell rakes in hefty profits as it announces $8.5bn buyback plan February 3, 2022 Shell has raked in $6.4bn in profits over its fourth quarter, while completing $1.7bn of share buybacks following its move to London.
Which metaverse stocks should you watch? February 3, 2022 Following a bearish January, are metaverse stocks set to recover? Investors who are feeling a strange sense of déjà vu over January’s market sell-off are not alone. With tech stocks shattered, and CNN reporting Warren Buffett as ‘having the last laugh’, a new era of tightening monetary policy has seen investors reassess outlandish growth prospects. But this [...]
Europe racks up over £430bn in climate-related losses since 1980 February 3, 2022 Europe has racked up climate-related losses of between £375bn and £433.5bn since 1980, according to the European Environment Agency (EEA). In a new report on the economic impacts of extreme weather and climate across the EEA’s 32 member states, Germany, which suffered catastrophic floods last July, was found to have swallowed the highest losses between [...]
Letters: A smart way to slice the cake February 3, 2022 [Re: Cake Box shares recovering after plummeting when blogger found accounts errors, Jan 22] Ever noticed a correlation between high profile “accounting errors” and the reality of a firm’s financial performance? Cake Box recently lost almost a fifth of its market value after “inconsistencies” in its annual report were spotted by a blogger, including an [...]
Explainer-in-brief: Kyiv on the brink February 3, 2022 Yesterday, US President Joe Biden announced he would send 2,000 more troops to Europe to countenance Russian aggression in Ukraine. Britain has pledged £88m following a meeting between Boris Johnson and Ukrainian President Volodymyr Zelensky on Tuesday. But the UK is struggling to get itself taken seriously by Russia after Foreign Secretary Liz Truss mixed [...]
Used car market starts year with a bang as demand fuels record prices February 3, 2022 The second-hand automotive market has started 2022 with a bang, as record levels of demand have fuelled the skyrocketing of prices. Auto Trader’s retail price index has revealed the average price of a used car has surged for the 22nd consecutive month, going up to £18,067 – a 31.3 per cent year-on-year increase on a [...]
FTSE-100 flat as investors await BoE rate decision February 3, 2022 London's premier index has opened flat today as investors await the Bank of England's decision on a rate hike.
Playtech shares jump 10 per cent on news of fresh takeover bid February 3, 2022 Playtech's share price has soared 10.6 per cent after it was revealed that TTB Partners is angling to make a fresh takeover bid.
