Energy strategy will not resolve cost of living crisis April 7, 2022 A new dawn for the UK’s energy sector will be unveiled today, when the Prime Minister finally announces the country’s energy strategy.
Fresh Kemboy can give Mullins another Bowl April 6, 2022 THERE is no mistake that currently the Irish have the upper hand in National Hunt racing. Tornado Flyer’s dominant victory in the King George and a clean sweep of all four championship races at the Cheltenham Festival were further evidence that they are streets ahead of their British counterparts at the moment. It’s certainly a [...]
UK announces ban on Russian coal April 6, 2022 The UK will phase out Russian coal imports by the end of the year, as part of a new co-ordinated round of sanctions.
Retailer sell off drags down London indexes April 6, 2022 A retailer sell off caused by concerns over a pull back in spending amid a tight cost of living squeeze led London’s top indexes lower today. The capital’s premier FTSE 100 index dropped 0.34 per cent to 7,587.70 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK [...]
The City View: Innovate Finance summit roundup, and two Lidl adverts banned April 6, 2022 Today Andy Silvester chats to City A.M. reporter Charlie Conchie, and whistles through the main headlines you need to know. Andy and Charlie go through this week’s fintech Innovate Finance summit — they discuss the London Stock Exchange CEO’s comments yesterday on bosses needing a pay boost; Ron Kalifa’s views on the mindset shift needed [...]
Johnson Matthey secures £400m loan for UK hydrogen push April 6, 2022 Johnson Matthey (JM) have been given a £400m loan from the government to boost research and development in sustainable technologies.
Bank of England to launch 1980s style rate hike cycle as it scrambles to douse down rampant inflation April 6, 2022 The Bank of England will hike interest rates at the quickest pace since 1988 this year as it scrambles to douse down rampant inflation. 0Threadneedle Street will lift borrowing costs four more times this year, taking the calendar year total number of hikes to six, according to forecasts by investment banking giant JP Morgan. The [...]
UK to cancel LGBT+ conference over conversion therapy blunder April 6, 2022 The UK has cancelled a conference promoting LGBT+ rights after sponsors pulled out over the government's stance on conversion therapy.
Kremlin furious as Russian Army suffers ‘significant losses’ after bombing own unit, mistaken regiment for Ukrainian troops April 6, 2022 The Russian Airforce bombed several of its own troops in recent days, confusing the location of its own military unit with Ukrainian armed forces. The Russian Army mistakenly fired a missile on its own 38th motorized rifle brigade, known as military unit 21720, according to various media reports in Eastern Europe, including a Facebook post [...]
Fast fashion retailer Shein hits $100bn valuation with fresh funding round April 6, 2022 Fast-fashion giant Shein has hit a $100bn valuation this week after a fresh funding round, making it the third most valuable startup in the world after Elon Musk’s SpaceX and ByteDance.