Weak China economy data weighs on London’s FTSE 100 August 15, 2022 London’s FTSE 100 kicked off the week in muted style as more signs of the global economy stalling emerged today. The capital’s premier index edged 0.04 per cent higher to 7,503.87 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, jumped 0.12 per cent to [...]
M&C Saga: The hostile takeover bid continues for advertising giant continues to heat up August 15, 2022 Media firm Next Fifteen has received the latest round of necessary regulatory approvals as its the marketing firm edges one step closer to its M&C Saatchi takeover.
Identifying politicians’ role in inflation surge is better than tweaking BoE mandate August 15, 2022 Understanding how much of the blame politicians should carry for inflation surging far above the Bank of England’s two per cent target would be “a better strategy” than tweaking its mandate, a top City economist said today. In a note, Paul Donovan, chief economist at investment bank UBS, said the UK’s inflation shock has been [...]
EP: 154 York – Wednesday August 15, 2022 The first day of the York Ebor festival sees the return of Baaeed to the track, stepping up in distance to a mile and a quarter for the first time in the Juddmonte International, where he takes on last year’s impressive winner Mishriff. City AM Racing editor Bill Esdaile previews the best of Wednesday’s racing [...]
Google searches for solar panels rocket more than 300 per cent as cost of living and energy crises hit August 15, 2022 Google searches for solar panels have rocketed by more than 300 per cent this year, with the cost of living and energy crises hitting hard, writes Cat Branagan. More Brits are looking for alternative and cleaner energy sources it has been shown by a new report of Google Trends data. Searches shot 316 per cent [...]
Have we got the minerals for a green future? August 15, 2022 Surging metal and mineral prices could hamper the UK's renewables ambitions, raising the costs of batteries and turbines for green project.
PwC to face Hong Kong probe over Evergrande audit August 15, 2022 Hong Kong’s audit watchdog has launched an investigation into PwC over its audit of embattled Chinese real estate developer Evergrande. The city-state’s Financial Reporting Council (FRC) today said it had opened an investigation into the Big Four accountancy firm’s audit of the heavily-indebted property firm’s 2020 results. The probe comes after PwC signed off [...]
BlackRock launches Bitcoin Private Trust, Ethereum’s Merge upgrade tentatively scheduled August 15, 2022 Data from CryptoCompare shows that the price of Bitcoin started last week at around $24,000 and moved sideways throughout it, at one point reaching a $25,000 high and a $22,500 low.
UK is first to approve Moderna jab to tackle Omicron variant August 15, 2022 The UK has become the first country in the world to approve a booster jab targeting the Omicron variant, writes Ellis Asher. Moderna has developed the landmark bivalent ‘Spikevax’ as coronavirus cases continue to fall in the UK. This comes after the EU’s European Medicines Agency pushed back its delivery of the dose to later [...]
UK sustainable fuel firm urges governments to push businesses to make the switch August 15, 2022 UK sustainable fuel technology firm Velocys has hailed the around US’ $370bn package to reduce fuel emissions currently making its way through Congress – and has urged other governments to follow. Under the Inflation Reduction Act, which is still subject to ratification, the US has set aside billions to support the production and use of [...]
