‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Sound Energy eyes Angus Energy for possible takeover January 18, 2022 Angus Energy confirmed that it has received a possible offer for takeover today by Sound Energy today, following six advances. CEO George Lucan said in a statement: “We will proceed with our formal sales process, without preference to any party and with confidentiality afforded to those parties who wish to enjoy it, as previously advised [...]
Think tanks warn government to stop meddling in energy market January 18, 2022 The government should reconsider plans to further interfere in the domestic energy market argues multiple free market think tanks.
Labour calls on Treasury to do more to recover £5.8bn lost in Covid fraud January 18, 2022 Labour has called on the government to launch an investigation into how £5.8bn was stolen by fraudsters through Covid support schemes and for the Treasury do more to recover these funds. Shadow chief secretary the Treasury Pat McFadden told MPs that the government’s target of recovering a quarter of the stolen founds was tantamount to [...]
Strong jobs market print fails to dampen inflation fears on London markets January 18, 2022 Inflation jitters spreading throughout the City led London markets sharply lower today. The capital’s premier FTSE 100 dipped below the 7,600 mark by closing the day down 0.63 per cent, while the domestically-focused FTSE 250 fell 0.96 per cent to 22,652.71 points. Figures released by the Office for National Statistics (ONS) today revealed the unemployment [...]
The City View: January 18: A bumper tech deal and aviation January 18, 2022 Today Andy Silvester is joined by Skytra’s Co-Founder and Chief Sales and Marketing Officer Elise Weber, and by City A.M.’s Leah Montebello for news about a mega-deal struck between Microsoft and Activision Blizzard. Andy also takes us through the headlines, including news about the impact inflation is having on Britons’ wallets and a warning by [...]
Motor Fuel Group’s owner kicks off £5bn selling plans January 18, 2022 Motor Fuel Group’s (MFG) owner Clayton Dubilier & Rice (CD&R) has kicked off plans to sell the UK’s biggest independent forecourts operator, Sky News first reported. The private equity firm CD&R has invited this week investment banks to bid for a mandate to sell the company, which could be valued at £5bn. The forecourts operator’s [...]
Brits’ living standards eroded by inflation spike casting doubt over economic recovery’s strength January 18, 2022 An inflation squeeze that is choking Brits’ pay packets is threatening to throttle the consumer led recovery. Brits’ take home pay is being corroded by the cost of living spiralling to the highest rate in recent history, revealed figures published yesterday by the Office for National Statistics. The damning data comes as the City braces [...]
Hong Kong Racing Tips: Cruz and Size set for their Moment of Joy January 18, 2022 MASTER trainer John Size can provide the banker bet of the meeting at Happy Valley today, when he saddles fast-improving SEIZING THE MOMENT in the Cheung Chau Handicap (1.45pm) over six furlongs. Size has been in incredible form since the beginning of December, saddling 14 winners at the last 10 race-meetings and winning with five of his [...]
Hong Kong Racing Tips: Back Bentley and Lor to get Lucky again with Archangel January 18, 2022 BANK on jockey Harry Bentley to hit the bullseye once again when he teams up with championship leading trainer Frankie Lor aboard LUCKY ARCHANGEL in Division Two of the Green Island Handicap (12.45pm) over six furlongs. Bentley and Lor, who combined with Smart Idea to get up in the shadows of the post at the Valley last [...]
Virgin Galactic distances itself from chairman after controversial Uyghur comments January 18, 2022 Virgin Galactic has distanced itself from comments made by its chairman yesterday, urging that his views do not reflect that of the company’s. Chairman Chamath Palihapitiya told the All-In Podcast audience that “nobody cares about what’s happening to the Uyghur Muslims.” Venture capitalist Palihapitiya, amidst a discussion of human rights, said “of all the things [...]
