Our economy is embarrassingly slow but low growth is not an inevitability September 20, 2023 We can't keep being surprised when we fall into traps keeping growth down, and trying to reform it with 'pay as you go' policy making which only ever tries to tweak the edges, writes Lucy Harris.
Biden urges world leaders to stand up to Russia over Ukraine September 19, 2023 President Joe Biden urged world leaders to stand up to Russia, warning no nation can be secure if “we allow Ukraine to be carved up”.
Oil prices climbs above $95 per barrel as weak US output worsens supply woes September 19, 2023 Oil prices are within touching distance of the $100 milestone, after underwhelming levels of shale production in the US.
FTSE 100 close: Strong results from Hargreaves Lansdown and Ocado tip index into green September 19, 2023 Strong performances from Hargreaves Lansdown and Ocado helped tip the FTSE 100 into the green despite concerns around inflation.
Till sales surge as retailers boosted by sunny September and back to school deals September 19, 2023 A bout of unusually hot weather in early September helped hike grocery sales at UK supermarkets, with total till sales surging 10.3 per cent in the last four weeks ending 9 September. According to data from NIQ, the figure rose up from 7.2 per cent during the wet July and early August, which deterred shoppers [...]
Oil prices continue rally amid OPEC cuts with $100 per barrel in sight September 18, 2023 Oil markets have consolidated last week's hefty gains, with growing expectations of a widening supply deficit this year.
SocGen shares tumble after new strategy sees little growth September 18, 2023 Societe Generale's shares plunged more than 9 per cent on Monday after France's third-biggest listed bank said it expected little if any growth in annual sales over the coming years in a keenly-awaited strategic plan from its new CEO.
Gas prices ease despite escalating strike action at Australian LNG plant September 18, 2023 Gas prices eased this morning after full operations resumed at a LNG major production facility in Australia following outages latest week.
London-listed Mondi leaves Russia after agreeing to sell biggest paper mill September 18, 2023 UK paper and packaging giant Mondi has agreed to sell its largest Russian plant for around 775 million euros (£668 million) to a Moscow-based property development group. Mondi’s share price jumped by nearly five per cent on Monday morning after it unveiled the deal involving Syktyvkar, its last remaining plant in Russia and the country’s [...]
Proton boss: UK banks won’t function if encryption disappears September 17, 2023 The issue of encryption has become a pressing conundrum for both tech companies and lawmakers involved in the UK’s Online Safety Bill in recent months. Now at least they agree that there is currently no viable technology to access messages without compromising user privacy. Encryption is a crucial way of turning messages into an unreadable [...]