Warehouse investment hits record levels as e-commerce fuels boom in demand January 31, 2022 Investment into warehousing and logistics hit record levels in the UK last year fuelled by a boom in online retail brought on by the pandemic.
Cream of central banking crop have underestimated inflation crunch, experts warn January 31, 2022 The world’s top central banks have underestimated the stickiness of inflation spreading throughout rich economies, prompting them to launch a quicker than expected rate hike cycle this year. Measures used to quantify the severity of underlying inflation pressures will stay high even by the end of the year in most rich countries, according to fresh [...]
Ukraine crisis: Johnson to travel to Kiev on Tuesday and speak to Putin today January 31, 2022 Boris Johnson will travel to Kiev tomorrow to meet with president Volodymyr Zelensky over the Ukraine-Russia crisis, with the Prime Minister also set to speak to Vladimir Putin today. Johnson will hold a press conference tomorrow in Ukraine following his meeting with Zelensky. It comes as foreign secretary Liz Truss will today outline a set [...]
IEA suggests countries could turn to coal amid soaring gas prices January 31, 2022 European gas demand could decline this year as high prices make coal more competitive for power generation, according to the IEA.
Rebel clubs’ lawsuit against Spanish football chiefs gets green light January 31, 2022 MADRID, Jan 31 (Reuters) – A civil lawsuit against LaLiga filed by Real Madrid, Barcelona and Athletic Bilbao over a €2bn private equity deal agreed by the administrators of elite Spanish football has been admitted by a Madrid court, the court said on Monday. The judge investigating the case called the parties to a hearing of [...]
Cyclists and motorists engage in Twitter ‘war of words’ over Highway Code updates January 31, 2022 Cyclists and motorists have engaged in a war of words on Twitter, following the updates to the Highway Code. The rules – which came into force on Saturday – have established a hierarchy of road users to ensure “those who can do the greatest harm have the greatest responsibility to reduce the danger or threat [...]
Households braced for mortgage shock ahead of rates hike as cost of living crisis deepens January 31, 2022 Fresh warnings over the cost of living have been issued as millions of households could face a huge mortgage shock. Trade body UK Finance has said one in four mortgage borrowers on variable rate deals will be affected by an anticipated rates rise, The Telegraph first reported. The Bank of England is anticipated to hike [...]
Mishcon de Reya postpones IPO due to volatile market conditions January 31, 2022 London law firm Mishcon de Reya has said it is temporarily postponing its IPO due to “volatile” market conditions. The delay comes as another blow to London’s stock market, following a series of disappointing IPOs over the previous year. Mishcon de Reya’s senior leadership decided to put the firm’s IPO on hold, following conversations [...]
Exclusive: Purplebricks swings to a loss amid legal woes January 31, 2022 Online estate agent Purplebricks saw profits tumble in the first half of the year amid legal challenges and housing stock constraints.
City comeback: Broadgate Quarter almost fully occupied as office workers return to Square Mile January 31, 2022 City office block Broadgate Quarter has edged closer to full occupation, in another sign of the Square Mile’s revival. There is now less than one per cent of office space available at the 456,000 sq ft development, which is situated on the corner of Snowden Street and Worship Street. Office workers have flooded back into [...]
