AUDT token makes its debut on Bittrex Global March 8, 2022 Auditchain Labs AG announced that Bittrex Global will add support for the AUDT - USDT pair tomorrow (March 9) from 4pm.
Asset manager M&G rolls out £500m buyback after smashing capital targets March 8, 2022 British insurer and asset manager M&G unveiled a £500m share buyback programme today after it smashed capital generation targets set out following its demerger from Prudential in 2019.
Wheat price rallies could hurt hospitality and cause food prices to spike warn industry leaders March 8, 2022 Hospitality and supermarkets could bear the brunt of rocketing record prices following Russia's invasion of Ukraine.
MADE.com confirms Nicola Thompson as permanent CEO as retailer sees results beaten by freight inflation March 8, 2022 Retail giant MADE.com has confirmed this morning that Nicola Thompson, the current interim CEO, is set to become the permanent CEO with immediate effect. It comes after former chief Philippe Chainieux left the post last month because of family reasons. Susanne Given, Chair of MADE, commented on Thompson’s appointment: “The Board is delighted to confirm [...]
Robert Walters reports record profits up 265 per cent thanks to recruitment boom March 8, 2022 Recruitment group Robert Walters reported a record year this morning, with operating profit increasing by 265 per cent year-on-year to an all-time high of £54.1m. The spike was fed by fierce competition for talent and a significant wage inflation across all countries and specialist disciplines. 81 per cent of group net fee income derived from [...]
As inflation bites, Britain’s roadmap for start-up success needs to be kept up to date March 8, 2022 The rise in living costs over the next 12 months is set to be the highest in 30 years as inflation sets in. The UK’s Consumer Prices Index puts the inflation rate at 5.5 per cent, with some economists predicting this figure will rise close to 8 per cent by April. The Bank of England [...]
UK braces for historic living standards shock on Russia-Ukraine conflict sending inflation skyrocketing March 8, 2022 Households are set to absorb the worst shock to their living standards in recent history driven by the Russia-Ukraine conflict sending energy prices skyrocketing, reveals fresh research published today. Gas prices have surged to their highest level ever on concerns over Moscow squeezing energy flows in retaliation to Western sanctions, which could push UK inflation [...]
Brits hunker down for cost of living pinch as experts project spending pullback March 8, 2022 Brits are battering down the hatches in preparation for rampant inflation hitting their finances, reveals fresh research published today. Around nine in 10 households are concerned about the impact rising food prices and overall inflation will have on their ability to maintain spending levels, according to Barclaycard. The research was carried out before the Russia-Ukraine [...]
Putin’s retaliation to Western sanctions and soaring energy prices send global markets whipsawing March 7, 2022 Russian President Vladimir Putin’s retaliation to sanctions and the possibility of the West banning Moscow oil and gas sent global markets whipsawing today. London’s premier FTSE 100 index tumbled over two per cent during the first hour of trading, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK [...]
The City View: Keeping The Lights On March 7, 2022 In this Monday episode Andy Silvester chats to Jack Barnett, City A.M.’s Economics and Markets reporter, about European market reaction to Russia-Ukraine; energy prices and how commodity price hikes could impact inflation; and the difficulty for countries in switching off from Russian energy. Andy also takes us through the headlines: Sanjeev Gupta, CEO of Liberty [...]