Banks boosted by looming BoE interest rate hike June 15, 2022 Strengthening bets on the Bank of England tomorrow hiking interest rates for the fifth meeting in a row boosted the UK’s biggest-listed banks today. The capital’s premier FTSE 100 index surged 1.2 per cent to 7,273.41 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, [...]
Fuel war: RAC and AA at loggerheads over price speculation June 15, 2022 As petrol prices hit a new record high, a disagreement has opened up between major motoring groups the AA and RAC about speculation on fuel pricing.
Western sanctions struggle to hit Russian revenues, reveals IEA report June 15, 2022 Higher crude oil and fuel prices allowed Russian revenues to climb in May, revealed the International Energy Agency in its latest report.
BREAKING: Jubilee line suspended following security alert at Waterloo June 15, 2022 The Jubilee line was suspended following a security alert at Waterloo station, Transport for London (TfL) said. “There is no service on the Jubilee Line between London Bridge and Green Park while we respond to a security alert at Waterloo,” the public body announced. “There are severe delays affecting service on the rest of the [...]
Watch out Apple: London’s smartphone maker Nothing reveals fresh model following £166m Alphabet funding June 15, 2022 London tech start-up Nothing unveiled the design of its debut smartphone this morning after securing more than $200m (£166m) in funding from the likes of Alphabet’s venture capital arm EQT Ventures.
BP buys hefty stake in $30bn renewable mega-project in Australia June 15, 2022 BP has snapped up a chunky stake in a massive renewable energy project in Australia - which could become the largest green project in the world.
From banking to baking: How Austrian cuisine came to Islington June 15, 2022 Burn-out often leads to career change. So it was when Hubert Zanier tired of being an investment banker and instead dedicated his working life to schnitzels, strudels and other Austrian classics. He now runs Islington’s Austrian restaurant and patisserie Kipferl (German for croissant). “Kipferl started life as a small delicatessen near Smithfield. It quickly gained [...]
Motorpoint CEO: Business expands while rivals hit by volatile environment June 15, 2022 Online car retailer Motorpoint is better equipped to navigate a volatile market compared with rivals, according to chief executive Mark Carpenter. At a time when competitors such as Cazoo and Carzam are either enforcing significant cuts to stay afloat or collapsing, Motorpoint’s profits and revenue boomed. In the year ended 31 March 2022, the company’s [...]
EU aviation regulator backs Airbus in A350 surface damage dispute June 15, 2022 EU aviation regulator EASA has backed Airbus in its legal dispute against Qatar Airways over surface damages present on the A350 fleet. EASA has argued that paint problems on the aircraft was an aesthetic defect that couldn’t lead to safety issues, despite claims by Qatar that the damage was a hazard as it left the [...]
England’s Trent Bridge euphoria must not mask concerns about Ben Stokes’ batting approach June 15, 2022 It may seem churlish to have any complaints in the warm glow of England’s second-Test win over New Zealand this week, but the result shouldn’t totally erase concerns that Ben Stokes is becoming a caricature of coach Brendon McCullum. The skipper has done extraordinary things across formats over the years, not least leading England to [...]
