The City View: January 20: The headlines and fintech in 202 January 20, 2022 Today Andy Silvester goes through the headlines, where there’s news about a return to work in the Square Mile, an increase in Deliveroo sales and a £1.2bn energy interconnector linking France to the UK being rejected. Andy is also joined by Alan Vaksman, Managing Director and co-founder of VC firm Digital Horizon for a discussion [...]
Firms must explain themselves in this winter of price hikes January 20, 2022 The last time inflation was a hot-button political issue, Whitney Houston was top of the charts, the VCR was the must-have purchase, and a scandal-ridden Tory prime minister was clinging on desperately to power. Some things change, others less so. This marks trouble for business – in two ways. In the most obvious sense, prices [...]
London markets post mixed day as miners and oil giants tumble January 20, 2022 London markets were a mixed bag yesterday as tumbling energy stocks held down the City’s top index. The capital’s premier FTSE 100 index inched down 0.06 per cent to close at 7,585.01 points, while the domestically-focused FTSE 250, which is more aligned to the health of the UK economy, jumped 0.26 per cent to finish [...]
Qatar Airways vs Airbus: Court date set for late April January 20, 2022 A division of London’s High Court has set late April as the court date for Qatar Airways’ $618m lawsuit against plane maker Airbus, according to Reuters sources. The Qatari airline decided in December to take Airbus to court over a damage dispute concerning the A350 model, after it was forced to ground some of its [...]
Crypto.com admits $34m stolen from user accounts in hack January 20, 2022 Trading platform Crypto.com has admitted that $34m (£24.9m) was stolen from user accounts by a hacker.
Conservatives get cold feet over new City Hall, with £14m transformation unfinished January 20, 2022 London’s new City Hall opened today to mixed reviews, as the building remains unfinished amid its £14m transformation. The building, based in the Royal Docks and formerly a conference centre, is not expected to be completed until the end of February. “I’m excited today that we are opening this new chapter in City Hall’s and [...]
Reeves: UK has had a ‘lost decade’ of economic growth under Conservatives January 20, 2022 The UK has had a “lost decade” of economic growth under the Conservatives and the country is heading for another decade of “anaemic growth”, Rachel Reeves has said. Labour’s shadow chancellor used a set-piece speech in Bury today to once again position Labour as an unapologetically pro-business party under Sir Keir Starmer and herself, saying [...]
Airline shares end higher following Ryanair’s ‘sea change’ comments January 20, 2022 Shares of European airlines ended higher today as a result of Ryanair’s ‘sea change’ comments. The Dublin-based carrier ended 4.2 per cent higher, while British Airways’ owner IAG and Easyjet went up 1.60 and 3.29 per cent respectively. Earlier today, low-cost carrier Ryanair said it had registered a ‘sea change’ in customer confidence over the [...]
Around the world in 155 days: 19-year-old is the youngest woman to complete solo journey January 20, 2022 Belgian-British 19-year-old Zara Rutherford has entered the Guinness World Records after she became the youngest woman to fly solo around the world. During her 52,080km journey, which took her 155 days, Rutherford visited 31 countries, taking off from Belgium on 18 August towards the Atlantic. After stopping in Iceland and Greenland, she flew through the [...]
FTSE 100 stocks to watch January 20, 2022 With January underway, we look at two high volume FTSE 100 stocks that you should keep an eye on in the coming months. 1. Lloyds In mid-December 2019, Lloyds was worth a respectable 64p per share. But after the pandemic-induced mini-crash, it had collapsed to 25p by September 2020. But after significant volatility, it’s recovering in the [...]
