Oil continues two month downturn as recession fears weigh on prices June 23, 2023 Oil prices has resumed their two-month long downturn - driven by demand concerns - with both major benchmarks sliding for a second day.
Sunak’s five pledges laid to waste as most Brits say he’s doing a ‘bad job’ – especially on inflation June 23, 2023 Rishi Sunak asked Brits to ‘judge me on my record”, and it seems that’s exactly what people have done, as three quarters think the prime minister is “doing badly” at cutting inflation. A fresh poll by YouGov laid bare the lack of confidence in the PM this morning, after the group surveyed the public on [...]
A sunny twenty-four hours in Paris? Why not? June 23, 2023 Is there anything better than strolling the tree lined avenues of Paris on a sunny summers’ day, or sitting outside a Parisian café watching the world go by? A little over two hours from London by train, Paris is in fashion once again. With such accessibility it’s time to book a little break in the [...]
FTSE 100: London markets dip as investors fret over interest rate pain June 23, 2023 London’s premier FTSE 100 index has tumbled at the open this morning as investors grapple with the Bank of England’s move to hike rates to their highest level in 15 years yesterday.
Revolution Beauty looks to soothe jitters amid Boohoo boardroom bust-up June 23, 2023 Revolution Beauty has looked to soothe investor jitters with a trading update today after an attempted boardroom coup from e-commerce Boohoo earlier this week. London-listed beauty group Revolution has been embroiled in a row with Boohoo after a “hostile” attempt from the firm to place its own candidates on its board earlier this week. Revolution [...]
Brexit: Most people think UK was wrong to leave EU, according to Tony Blair Institute June 23, 2023 More than 50 per cent of people believe that the UK was wrong to leave the EU seven years on from the referendum, according to a new poll. Based on a survey of 1,525 adults and carried out at the start of June, the poll found that 34 per cent still believe that Brexit was [...]
Eni and Var Energi to buy Neptune Energy in £3.9bn mega-deal June 23, 2023 Eni and Var Energi have reached an agreement to acquire oil and gas specialist Neptune Energy in a £3.9bn deal.
Chancellor Jeremy Hunt to meet lenders as mortgage crisis worsens June 23, 2023 Chancellor Jeremy Hunt will ask banks if they can do more to support struggling households after a shock interest rate hike deepened the mortgage crisis. He is meeting large lenders including HSBC and Santander in Downing Street this morning as the government comes under pressure to relieve the pain. Prime minister Rishi Sunak and Hunt [...]
Hotel Chocolat shares plummet 13 per cent after profit warning on flagging consumer sentiment June 23, 2023 Hotel Chocolat shares have plummeted by around 12 per cent as the premium brand is expected to be back in the red. The retailer, which has fallen victim to cash-strapped Brits cutting back on luxuries, said it now anticipates revenue of £201.8m and underlying profit before tax of £0.3m for the 2023 financial year. It [...]
Wall Street drifts after Bank of England hikes interest rates again June 23, 2023 Stocks drifted to a mixed finish on Wall Street on Thursday as central banks around the world keep cranking interest rates higher in their fight against inflation. The S&P 500 rose 16.20 points, or 0.4per cent , to 4,381.89, even though the majority of stocks fell. A rebound for technology stocks helped to overshadow losses [...]
