Shares in Egdon and Europa pop as Lincolnshire field produces first oil February 1, 2021 Shares in UK onshore oil firms Egdon and Europa jumped today as the companies announced the first production from their Wressle site in Lincolnshire. The site, which was meant to produce its first oil last year, is one of few onshore oil developments in the UK. AIM-listed Europa saw its stock soar 15 per cent [...]
Pub chain and Hobgoblin brewer Marston’s rejects £690m takeover offer from US private equity giant February 1, 2021 Pub chain and Hobgoblin brewer Marston's rejects £690m takeover offer from Platinum Equity Advisors
Why yak hair is taking over our homes and wardrobes February 1, 2021 As we sit around our houses staring at the same four walls, we seem to have come to a collective conclusion: short-legged, long-haired ox and even-toed ungulates are in. One of the less predictable trends emerging in 2021 is our increasing propensity to dress ourselves and our interiors in the understated but highly functional elegance [...]
WPP signs early access advertising deal with Tiktok February 1, 2021 WPP has secured an advertising partnership with Tiktok, marking a key step in the holding group’s efforts to cash in on the wildly popular video app. The tie-up will give WPP’s clients early access to Tiktok’s new advertising services while they are under development, which the ad giant said will ensure they remain “at the [...]
CMC restricts ‘memestock’ shorting amid Gamestop frenzy February 1, 2021 Trading platform CMC Markets has restricted short selling in Gamestop, AMC and other so-called “meme stocks” following an attack on hedge funds by Reddit traders. Last week day traders in r/wallstreetbets flocked to Gamestop lifting its share price to new heights in what some called a war against hedge funds. Gamestop is the most shorted [...]
Wall St follows FTSE higher as Reddit attention turns from Gamestop to silver February 1, 2021 Wall St follows FTSE higher as Reddit attention turns from Gamestop to silver
Prince Harry wins ‘substantial damages’ and apology over Mail article February 1, 2021 Prince Harry has been awarded “substantial damages” and an apology over a Mail on Sunday article that claimed he had turned his back on the military after stepping down as a senior royal. The Duke of Sussex sued Associated Newspapers, part of DMGT, for libel over two articles published in October that said he had [...]
The City will be back – but in the meantime, it’s test, test, test February 1, 2021 The importance of redoubling our efforts to tackle the spread of this virus was underlined by the UK passing a tragic milestone of 100,000 deaths from COVID-19 last week. This is a trying time for us all but the quicker we can reduce the rate of infection, the quicker we can return to a semblance [...]
After Brexit border backdown, the EU in new push with Astrazeneca to get more vaccine deliveries February 1, 2021 Talks between Astrazeneca and the European Commission will continue, despite strains, so that the bloc can recieve more of the pharmaceutical's Covid-19 vaccine before the end of March.
The New European bought by consortium of media veterans February 1, 2021 A consortium of media executives including former BBC director general Mark Thompson and ex-Financial Times editor Lionel Barber have led a buyout of weekly magazine the New European. The anti-Brexit title, founded in the aftermath of the referendum in 2016 on an initial four-week print run, was owned by regional publisher Archant. The takeover is [...]