Ofgem to unveil new price for household energy bills tomorrow February 2, 2022 Market regulator Ofgem is set to announce the latest adjustment to the price cap tomorrow, amid fears of household bills rising 50 per cent.
Vodafone ready to go on a deal-making offensive after activist investor pressure February 2, 2022 Vodafone boss Nick Read said the firm is ready to go on a dealmaking offensive as the telecoms giant looks to drive returns for investors following pressure from activist investor Cevian Capital.
Elizabeth line is tangibly close to completion, TfL says February 2, 2022 The completion of Crossrail’s Elizabeth line is ‘tangibly close’, according to Transport for London’s commissioner Andy Byford. “It really is that close,” Byford said this morning during a TfL board meeting. “We have really put huge effort into getting the trials off [to a start]. The commissioner added that the quick turnaround of stations was [...]
EU emissions trading rises to record highs in volatile energy market February 2, 2022 Prices in European Union (EU) emissions trading have reached record highs amid increased demand for allowances, and fears of gas supply shortages as tensions fester between Russia and the West over the future of Ukraine. The EU Emissions Trading Schemes recorded prices just shy of €93 per ton this morning. Demand for electricity across the [...]
GSK set to gain $1.25bn in HIV patent settlement with Gilead February 2, 2022 GSK is set to benefit from a whopping $1.25bn payment as part of a settlement between drug maker Gilead and its HIV department.
Government plans £6bn loan scheme to protect households from soaring energy bills February 2, 2022 Downing Street will offer struggling energy companies access to billions of pounds in state-backed loans, according to The Times.
Paul Hastings joins battle for legal talent with £141,750 salaries for newly qualified lawyers February 2, 2022 Paul Hastings has thrown its hat into the battle for legal talent, after raising salaries paid out to newly qualified lawyers in its London offices to £141,750. The Los Angeles based law firm is set to hike salaries paid out to its newly qualified associates by 7 per cent, from £133,000 to £141,750, according to [...]
Both Bitcoin and Ethereum show signs of renewed confidence February 2, 2022 Bitcoin continues to trade sideways as it has for the past seven days, changing hands for around $38,500 this morning.
Longboat Energy shares tumble after it abandons hydrocarbon project February 2, 2022 Shares in Longboat Energy have dropped 11 per cent after its exploration project failed to find hydrocarbons.
Letters: Don’t bite down on Bitcoin February 2, 2022 [Re: Britain will be left in the dust with our tepid attitude to cryptocurrencies, Jan 27] Matt Hancock claims the UK can become the home of fintech and crypto, but only with the right regulatory regime. The secret to that success is finding the right balance. As it stands, too little regulation is harming consumer [...]
