Johnson to unveil temporary visa scheme to ease Christmas-period shortages – CityAM : CityAM September 25, 2021 Prime minister Boris Johnson is set to unveil a temporary visa scheme to allow overseas workers into the UK in a bid to ease the country’s shortages in the lead up to Christmas. Following months of pressure from businesses, with supermarkets and fuel giants alike reporting issues, the new programme will cover up to 10,000 [...]
FTSE 100 dips as investors mull BoE’s hawkish tilt September 24, 2021 London’s FTSE 100 dipped during afternoon exchanges today driven by investors fearing the Bank of England’s hawkish tilt could be a looming headwind for markets. The capital’s premier index dropped 0.22 per cent to 7,062.47 points heading into the final session of the week. Retail and property stocks led the blue-chip index lower today. The [...]
Boris Johnson pleaded with me for emergency food deal, claims Brazil’s president Bolsonaro September 24, 2021 Prime Minister Boris Johnson requested an “emergency” food deal to import food from Brazil as the UK is facing shortages, according to Brazilian president Jair Bolsonaro. Bolsonaro said the request applied to one particular food item, although he declined to reveal what it was. The alleged plea came as the Prime Minister faced warnings over [...]
Twitter adds tipping with Bitcoin after turbulent week for crypto markets September 24, 2021 It was a week in which Bitcoin and other cryptocurrencies once again appeared to be trapped in lockstep with the traditional markets.
17 arrested as Port of Dover blocked by climate protestors September 24, 2021 Police have arrested 17 climate protestors who blocked the Port of Dover, Europe’s busiest ferry port. Around 40 protestors have blocked the A20 at two sites: the Eastern Docks roundabout and near the junction with Union Street for the Western Docks. The offshoot of Extinction Rebellion caused chaos on the M25 motorway five times in [...]
BREAKING: Port of Dover blocked by climate protestors – CityAM : CityAM September 24, 2021 Around 40 people are currently blocking the Port of Dover, Europe’s busiest ferry port. Two groups have blocked the A20: at the Eastern Docks roundabout and near the junction with Union Street for the Western Docks. The offshoot of Extinction Rebellion caused chaos on the M25 motorway five times in the past fortnight, but were [...]
Westminster’s Beis committee to probe post-Brexit subsidies regime September 23, 2021 A Westminster committee is set to probe the UK’s post-Brexit subsidies regime and the role of the competition watchdog post-Brexit. The Business, Energy and Industrial Strategy (Beis) committee’s inquiry will look at “the main opportunities and challenges for businesses under the new UK state aid regime” and “whether competition policy in the UK has weakened [...]
BoE warns inflation will top previous forecast but takes no action September 23, 2021 The Bank of England warned today soaring energy and raw materials prices will push inflation above its previous forecasts, but did nothing to rein in price rises. Officials on Threadneedle Street upped their inflation forecasts for the year to above four per cent, over double its target. Despite the higher than expected inflation clip, the [...]
Bitcoin on road to recovery, but options expiry on Friday looms large September 23, 2021 The cryptocurrency market continues to recover this morning, with Bitcoin (BTC) rising around four per cent in price over the last 24 hours to just below the $44k mark.
Bitcoin briefly dips below $40k, but could positive Evergrande news spark recovery? September 22, 2021 The price of Bitcoin fell below $40,000 in the early hours of this morning for the first time in six weeks.