Nickel traders plunged into chaos again as LME postpones trading March 17, 2022 Nickel traders were plunged into more chaos this morning as the London Metal Exchange was forced to suspend trading again after further systems failures.
Sadiq Khan declares war on domestic abusers as mayor frees up fresh cash for London victims March 17, 2022 London Mayor Sadiq Khan has outline a new £11.3m cashpot for domestic abuse services, after reports rocketed during the pandemic. Around one in eight crimes recorded last year in the capital were domestic abuse reports, as Covid-19 lockdowns kept a number of crimes behind closed doors. “The new investment we’ve have announced today will work [...]
TM Lewin on verge of administration for second time in two years March 17, 2022 Shirt maker TM Lewin has reportedly lined up advisors and is on the verge of collapsing into administration for the second time in two years.
Stagecoach merger creates superior value than DWS offer, says National Express March 17, 2022 A merger between rivals National Express and Stagecoach could unlock higher dividends for shareholders compared with DWS’s offer, National Express said today. According to National Express, a merger could see share value go up to 170p per Stagecoach share – a 66 per cent premium on the 105p offered last week by German asset manager [...]
Crypto markets up after US Federal Reserve raises interest rates March 17, 2022 Bitcoin, the leading cryptocurrency, is currently changing hands at just below the $41k mark - up three per cent over the past 24 hours.
Eurozone inflation hits fresh record high heaping more pressure on ECB to move quicker March 17, 2022 Prices are rising at the fastest rate on record in the Continent in a further sign the European Central Bank (ECB) will have to rein in policy quicker than expected. Inflation among the bucket of countries using the euro climbed to 5.9 per cent last month, up marginally from 5.8 per cent in January, the [...]
UK government vows to crack down on use of ‘lawfare’ to silence ‘valid criticism’ March 17, 2022 The UK government is preparing to crack down on those using legal threats to intimidate journalists and silence the British press. Justice Secretary Dominic Raab will today set out plans to stop wealthy individuals and large businesses from “using the threat of endless legal action” to “stifle legitimate criticism”, the government said in a statement. [...]
Crypto investors should be prepared to lose their money, say EU regulators March 17, 2022 Investors risk losing all the money they invest in speculative crypto assets and should be wary of scams EU regulators warned in a joint statement.
FCA mulls fund ‘side pockets’ to limit damage of Russian assets March 17, 2022 The city watchdog is mulling whether to authorise so-called ‘side pockets’ in retail funds to allow fund managers to separate hard-to-sell Russian and Belarussian assets from their core investments.
TfL to increase tube and bus fines by 25 per cent March 17, 2022 Transport for London’s (TfL) fines are expected to increase by at least 25 per cent, commissioner Andy Byford said in his latest updated. Byford reported that fines are expected to increase from £80 to £100 “to protect our revenue from fare evasion and fraud.” The hike will target chronic fare evaders across the whole TfL [...]
