London’s FTSE 100 edges lower ahead of Jackson Hole August 24, 2022 London’s FTSE 100 edged lower today driven by investors fretting over how stern central bankers will be with tackling inflation. The capital’s premier index dropped 0.22 per cent to 7,471.51 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, inched down 0.01 per cent to [...]
Supply and demand continue to wreak havoc on London rents, says Foxtons August 24, 2022 Supply and demand constraints have continued to wreak havoc on London rental costs, according to the latest data. Central London produced the highest average weekly rent in the year to date at £627, a rise of more than a third in comparison with last year, research by Foxtons, one of the largest real estate agencies [...]
Oil holds firm as Saudi Arabia proposes OPEC cuts August 24, 2022 Brent Crude held above $100 per barrel today, after oil titan Saudi Arabia suggested OPEC would consider cutting output.
Raab vows to break barristers’ ‘near-monopoly’ over Crown Court trials August 24, 2022 Justice secretary Dominic Raab is seeking to undermine the barristers’ strike by breaking their “near-monopoly” over crown court trials, government sources told the Daily Mail. As the UK government faces the prospect of an all-out barristers strike from the start of next month, the Ministry of Justice (MoJ) is weighing up plans to expand the [...]
Britain cuts off all Russian fuel imports for first time on record August 24, 2022 Britain has bought no fuel from Russia for the first time since records began, driven by the country shunning energy from President Putin in response to the invasion of Ukraine, official figures published today show. Fuel imports from Russia plummeted to zero in June, the first time Britain has ever recorded a complete weaning off [...]
UK regulatory fines slump after pandemic logjam August 24, 2022 The amount of fines dished out by the UK’s financial regulators has tumbled by nearly half in the first half of the year as officials catch up with a pandemic backlog, a compliance consultancy said today.
Japan considers nuclear U-turn as winter crisis looms August 24, 2022 Japan will restart more dormant nuclear plants and consider building next-generation reactors, revealed Prime Minister Fumio Kishida.
Boris Johnson makes surprise Kyiv visit on Ukraine independence day August 24, 2022 Boris Johnson has made a surprise visit to Kyiv today to mark Ukraine’s independence day. Johnson said that “I believe Ukraine can and will win this war” in what will be his final trip to the country as UK Prime Minister. Johnson also said higher energy bills were worth paying to support Ukraine and that [...]
NFTs worth more than $100m stolen in the past year August 24, 2022 Over $100m worth of non-fungible tokens (NFTs) have been reported as stolen in the past year as scammers pounced on a surge in interest in digital assets, new data has revealed.
Aveva shares surge as Schneider mulls takeover August 24, 2022 Shares in British software group Aveva leapt over 30 per cent today after French industrial group Schneider said it was mulling a full buyout of the firm.
