Oil prices stabilise despite OPEC+ sticking to raised output targets January 5, 2022 Oil prices rose above $81 per barrel on Wednesday after OPEC+ opted to maintain its agreed output target rise for February.
Nearly 40 places apply for UK city status with entries from Gibraltar and the Cayman Islands January 4, 2022 Nearly 40 places across the UK and British Overseas Territories have applied to win city status as part of a competition being run in honour of the 2022 Platinum Jubilee.
English schools to move lessons online amid Omicron surge January 2, 2022 Schools in England are set to move some lessons online this term amid widespread absences caused by soaring Covid-19 cases.
Covid: Fewer London hospital patients require ventilation January 2, 2022 Fewer hospitalised Covid patients in London are requiring ventilation compared to previous waves, according to the latest data.
Government tells workplaces to plan for 25 per cent absence rates amid soaring Covid-19 cases January 2, 2022 Downing Street has asked ministers to develop robust contingency plans for workplace absences amid soaring Covid-19 cases.
New lockdown measures are a balance between ‘protecting lives and livelihoods’ says government minister December 21, 2021 Cabinet minister Steve Barclay, told BBC Breakfast this morning, "there is a balance to be struck between protecting lives and livelihoods", after Boris Johnson refused from confirm any new measures yesterday evening, but said “we will rule nothing out”.
Activist investor Bramson muscles in on Navient after Barclays defeat December 20, 2021 Sherborne Investors, the fund led by activist investor Edward Bramson, has muscled in on Navient and built a stake of around 16 per cent in the US-based student loan management company, it said today. Seven months after the fund admitted defeat in its three-year campaign on Barclays, in which it pressured the lender to oust [...]
Millions of homeowners will see mortgage rate rises as ‘softer’ house price growth forecast December 16, 2021 Major banks have hiked mortgage interest rates in response to the Bank of England hiking rates 0.15 percentage points to 0.25 per cent. Banks raised rates following the decision on Thursday, meaning millions of households will pay heftier monthly mortgage repayments. Barclays, Halifax, Lloyds Bank, NatWest, Nationwide and Santander will pass on the increase to [...]
FTSE: Lloyds, Barclays and Natwest shares surge on Bank of England surprise interest rate hike December 16, 2021 London markets are up around one per cent this lunchtime after a surprise interest rate hike from the Bank of England saw Lloyds Bank, Barclays and Natwest shares take off. The capital’s premier FTSE 100 index was still up 0.99 per cent after the rates call from Threadneedle Street, while the mid-cap FTSE 250 index, [...]
London’s Signal AI raises $50m to hire UK talent and ramp up international expansion December 15, 2021 Signal AI, a British startup that is trying to solve the “information overload” faced by business decision makers with its artificial intelligence and machine learning technology, has today closed a $50m Series D funding round. Its latest round was led by growth-stage investors Highland Europe, who have previously backed ContentSquare and Matches Fashion, and brings [...]