Odey Asset Management taking sexual assault claims “extremely seriously” – reports December 6, 2022 Bosses at Odey Asset Management have reportedly said they are treating claims of sexual assault against founder Crispin Odey “extremely seriously”, after new claims were reported in the media this week.
Breezy does it: Onshore wind gets green light after Government U-turn December 6, 2022 Onshore wind is finally set for a revival following Government U-turn, with Downing Street pledging to relax restrictions on new turbines.
Ministers call for clearance personnel on Roman Abramovich-owned Truphone deal December 6, 2022 Ministers have demanded that the German businessman snapping up Roman Abramovich’s British telecoms firm must hire government-cleared security personnel for the deal to be sealed. Business Secretary Grant Shapps said the takeover of the UK firm Truphone could pose a risk to national security, and could lead to disruption of the mobile services sector. Hakan [...]
All hail the political u-turn – we should welcome more of them December 6, 2022 Should you be driving towards the edge of the white cliffs of Dover, hands on the wheel and pedal to the metal, you can imagine that any passengers who happened to be in the car alongside you would be encouraging you, at some volume and with no small level of profanity, to turn the thing [...]
Shares in RBG plummet following trading update December 6, 2022 Shares in RBG Holdings recovered slightly today after plummeting on Monday following news it has taken a £4m hit to its balance sheet. In a trading update, the London listed professional services firm told investors it’s litigation funding subsidiary LionFish has lost two legal cases over the previous year RBG said LionFish will take a [...]
Morgan Stanley cuts two per cent of jobs in ‘modest’ cull – reports December 6, 2022 Morgan Stanley is set to cut about two per cent of staff according to CNBC sources. It comes after chief executive James Gorman said last week that the investment bank would need to make ‘modest’ job cuts as sluggish markets weigh on profits. “Some people are going to be let go,” Gorman said at the Reuters NEXT conference, [...]
FTSE 100 dragged down by strike sensitive stocks tumbling December 6, 2022 London’s FTSE 100 was dragged down today by companies that will likely suffer amid additional rail strikes over Christmas. The capital’s premier index dropped 0.61 per cent to 7,521.39 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, fell 1.19 per cent to 19,100.08 points. [...]
Airbus fails to achieve 2022 deliveries as year-end target ‘out of reach’ December 6, 2022 Airbus has failed to achieve its delivery target of ‘around 700’ commercial aircraft by the end of the year. While the initial goal was considered “out of reach”, the plane manufacturer has maintained that the new figure will not be “materially short” of previous forecasts. “Airbus remains committed to delivering its financial guidance as provided [...]
No regulatory ‘race to the bottom’ says Glen as City braces for rules reform December 6, 2022 A top Treasury minister said the government was not “deregulating for deregulation’s sake” today as the government tries to soothe concerns it will overzealously slash rules governing the financial sector.
UK gas exports to Europe climb to six year highs ahead of winter December 6, 2022 Exports of natural gas from the UK to Europe have climbed to six-year highs, as the continent scrambles to boost supplies ahead of winter.
