Letters: Russia and the oil price rally February 18, 2022 [Re: No sign of de-escalation as Russia still building forces on Ukraine border, February 17] Hopes have begun to fade that Russia is pulling back troops in any meaningful manoeuvre casting fresh clouds over financial markets. It has meant that the brief backtracking in the upwards sprint in the price of oil hasn’t lasted long. [...]
EP: 112 Ascot, Haydock, Wincanton & Hong Kong February 18, 2022 There’s another top weekend of racing to enjoy with Ascot staging the Grade 1 Ascot Chase on Saturday. The Haydock card includes the long distance Rendlesham Hurdle & Grand National Trial with Wincanton staging the Kingwell Hurdle on the same afternoon Joseph O’Brien sends his Grade 1 winner Fakir D’oudairies over to Ascot on Saturday [...]
Ukraine legalises crypto as tensions with Russia escalate February 18, 2022 Ukraine's parliament has voted to legalise digital assets amid escalating tensions with neighbouring Russia.
TfL bosses say Tube staff pay rise will worsen financial crisis February 18, 2022 Transport for London (TfL) bosses have warned that the body’s financial situation will worsen following the eight per cent pay rise awarded to 16,500 Tube staff. The deal, which sees employees being entitled to the RPI rate of inflation plus 0.2 per cent, will cost TfL an additional £100m and lead to further cuts to [...]
Opinion-in-brief: The Building Safety Bill won’t land only on developers February 18, 2022 The government’s amendments to the Building Safety Bill are intended to place the costs of remediation entirely on developers and building owners. That may not be where the final bill lands, however. There will be an increase in disputes as developers and owners look, where possible, to recover these costs from contractors, sub-contractors and professional [...]
UK reaches agreement with £8.4 trillion Asia-Pacific free trade club February 18, 2022 The UK has reached an agreement with Asian free trade partnership Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Nearly a part of the £8.4 trillion club, the UK will now enter the market access phase of negotiations with the free trade area. It comes ahead of international trade secretary Anne-Marie Trevelyan’s trip to Indonesia, Japan and [...]
Hermès shares dip as handbag maker’s growth slowed by production caps February 18, 2022 Luxury handbag maker Hermès has reported sales growth slightly below expectations, pushing its share price down on Friday morning. The French luxury group reported sales growth of 11 per cent in the final quarter of 2021. This was slightly below expectations due to its own production curbs, which it said it “anticipated”. Shares were down [...]
UK looks to ink post-Brexit trade deals with individual US states February 18, 2022 The UK will reportedly ink a trade deal with individual US states, in a bid to get the ball rolling on a more ambitious, country-wide, agreement. It follows president Joe Biden saying that the post-Brexit pact was not a priority for the US, which has reportedly prompted the government to go straight to states such [...]
Parliament renovation halted by shock asbestos exposure February 18, 2022 Renovation work at the Houses of Parliament has reportedly been stopped after staff were exposed to asbestos.
Villa 1870 in Corfu: A villa with benefits on the Greek island February 18, 2022 The weekend: There is so much more to the verdant Greek island of Corfu than its postcard-perfect beaches. While most Brits opt to fly and flop at seafront resorts, visitors who leave their loungers will discover stately palaces and museums, tranquil mountain villages and rugged mountains blanketed in pine trees. All this and one of [...]