OPEC forecasts boost in China oil demand after SVB collapse sparks crude price tumble March 14, 2023 Chinese demand should bolster the oil market, even as crude prices tumble following the collapse of Silicon Valley Bank, says OPEC.
As a new FCA chair steps up, we need a crack down on offshore firms’ lax rules March 14, 2023 Hopefully, guided by a new chair, the FCA will make progress in holding offshore firms who don't follow the rules to account, writes Sadiq Bhatti
Use your Isa allowance to invest against the Chancellor’s ‘Budget raid’ on savings March 8, 2023 What are your options if you plan to use your Isa to buy stocks and shares. We explore the different assets and explain why it’s more important than ever to use your Isa allowance this tax year. More taxpayers than ever are falling into the higher rate tax bracket of 40 per cent. According to [...]
Electric dreams: Is the government really prepared to save car industry after Britishvolt chaos? March 6, 2023 The collapse and revival of Britishvolt raises questions over how the government can revive the car industry - if it wants to.
The resilience of Ukraine’s businesses proves we still understand too little about geopolitical risk March 3, 2023 Contrary to what many believed, Ukraine's businesses are strong in the face of war. They prove geopolitical risk affecting supply chains is more complex than it can look like, writes Chonchol Gupta
Hong Kong stock exchange operator to open London office March 2, 2023 Hong Kong Exchanges and Clearing (HKEX) confirmed today that it will open an office in London in the first half of 2023. It said the new office will expand the group’s international reach and promote greater global connectivity. HKEX chief executive Nicolas Aguzin, said: “HKEX has strong ties with the financial community in London through [...]
Tata demands £500m from UK to build battery factory March 1, 2023 The government will have to cough up £500m in taxpayer funds if it wants Jaguar Land Rover owner Tata Motors to build a UK battery factory.
FTSE 100 close: Anglo American and Antofagasta receive China boost but Barratt drops after house price slide March 1, 2023 London’s FTSE 100 sprung higher today, propelled by investors piling into commodity giants after a batch of better than expected data indicated the Chinese economy is on the mend. The capital’s premier index flung 0.49 per cent higher to back above the 7,900 point mark, while the domestically-focused mid-cap FTSE 250 index, which is more [...]
Manchester beats London, as capital’s hotels struggle to return to pre-pandemic occupancy levels February 27, 2023 Manchester has trumped London in hotels occupancy levels for January, as the capital struggles to return to pre-pandemic levels. According to data by STR, a division of CoStar Group, occupancy rates in London were down six per cent in January to 65.1 per cent compared to 71.1 per cent by 6.0 per cent during the [...]
British Steel confirms 260 jobs at risk amid coke oven closures February 22, 2023 British Steel announced 260 jobs are at risk amid proposals to close its coke ovens at its plant in Scunthorpe. The firm said the UK remains “uncompetitive” compared to rival markets with energy and carbon costs “some of the highest” globally. It said it had seen a £190m rise last year and the facilities were [...]