US Federal Reserve to hike rates for first time in over three years March 14, 2022 The US Federal Reserve will hike interest rates for the first time in over three years on Wednesday as the central bank takes the first step in shifting policy from supporting the American economy through the pandemic to taming runaway inflation. Fed Chair Jerome Powell and the rest of the Federal Open Market Committee (FOMC) [...]
Russia sent ‘400 mercenaries’ to kill Ukraine’s President Zelensky March 11, 2022 Vladimir Putin sent more than 400 Russian assassins to kill Ukraine’s democratically elected president Vlodymyr Zelensky – and break up his government. Kyiv was placed under a ‘hard’ curfew for 36-hours last week, after news of the mercenaries reached its government, and its army tried to clamp down on any possible infiltrators. A source close [...]
CF Fertilisers confirm UK operations continue despite energy market volatility March 10, 2022 One of the UK's leading fertiliser, CO2 and ammonia providers insist there have been no changes to its operations.
Evraz shares suspended after Abramovich sanctions March 10, 2022 Shares in mining giant Evraz have dropped 11 per cent, after the government sanctioned major stakeholder Roman Abramovich.
Public willingness must match private money to break the housing deadlock March 10, 2022 ANY Londoner is painfully familiar with the number of rough sleepers. Some spots are focal points for make-shift “camps” of people; for example outside Warren Street station, there are often at least 25 homeless people. During the first year of the pandemic alone, 130,000 households were made homeless. With a cost of living crisis already [...]
From Moscow to Kensington: transparency can end properties funded by corruption March 10, 2022 Look around the borough of Kensington and Chelsea and you’ll see why so many diplomats refer to our city as “Londongrad”. Over 6000 properties are registered to anonymous foreign shell companies in places like Jersey and the British Virgin Islands. While 3000 households are on the housing wait list many of these properties stand empty. [...]
13m illegal cigarettes seized from UK streets as black market booms March 9, 2022 Investigators have seized over £7m worth of cigarettes over the past year, as the government cracks down on illegal tobacco trade on the streets. Across England and Wales, 13 million cigarettes and 4,300 kilos of hand-rolling tobacco have been seized by authorities. The operation, conducted by HM Revenue and Customs staff, Border Force officials, police [...]
Oil prices fall as Europe holds back from energy sanctions on Russia March 9, 2022 Oil prices have dipped this morning after Europe stayed out of ramped-up Western sanctions on Russian energy supplies.
DfT reports London tube strikes brought down passenger numbers to 4 per cent of pre-pandemic levels March 9, 2022 The RMT’s London tube strikes of last week had a devastating impact on passenger numbers, according to Department for Transport (DfT) figures. Data showed that on Tuesday and Thursday ridership numbers plummeted to 4 per cent of pre-pandemic levels – the lowest since the Covid pandemic first hit in March 2020. On 4 March, levels [...]
What’s the best ISA strategy for you? March 9, 2022 Annabelle Williams, personal finance specialist and Gary Shepherd, investment writer at Nutmeg, the digital wealth manager Saving and investing used to be for scrooges and squares, but they’ve become pastimes for millions of people who know that being financially savvy is far from geeky – it’s the way to fund their best life. Strategising, maximising [...]