Ithaca Energy closes in on £3bn valuation as London float looms November 2, 2022 Ithaca Energy is closing in on a value above £3bn in what could be London's largest initial public offering this year.
Explainer-in-brief: The Black Sea grain deal is in jeopardy after Russia’s exit November 2, 2022 Three more vessels carrying grain left Ukraine yesterday – despite Russia’s withdrawal from the deal that was allowing stocks to leave through the Black Sea. Russia has exited the deal claiming Ukraine is using the safe corridor to attack its ships. Ukraine, the UN and Turkey are left with coordinating new shipments, in the hope [...]
Letters: Climate should be a priority November 2, 2022 [Re: Why does Cop27 seem to be the party no one wants to go to?, Oct 31] It’s disappointing that our new prime minister, Rishi Sunak, doesn’t consider attending COP27 a priority. I appreciate his government has to deal with the UK’s cost of living crisis, but now is not the time to retreat from [...]
UK in Recession: an Overview of What Could Happen & How You Can Take Advantage November 1, 2022 Recently, the Bank of England has issued a warning about a slowdown in economic growth towards the end of 2022, with similar worries persisting into 2023. Overall, the upcoming emergence of a recession has been fuelled by a mix of several detrimental dynamics for the UK. Uncovering the Dynamics that Lead to Recession The United [...]
OPEC: Oil demand will not peak anytime soon despite IEA forecasts November 1, 2022 OPEC has raised its forecasts for world oil demand over the medium and long term in its annual outlook despite IEA forecasts.
Ruling the waves is the only defence strategy that will protect our interests November 1, 2022 One of the consequences of Russia’s intensified aggression towards Ukraine has been growing concern about whether Britain’s investment in the armed forces is sufficient to meet the threats of the future – or even of today. After all, despite a welcome uptick in outlay of some £16.5bn in November 2020, British defence investment remains at [...]
Braverman admits sending government files on personal emails six times October 31, 2022 Suella Braverman has admitted to sending government documents from a personal email on six occasions before she was sacked as home secretary for the security breach. Braverman, who was brought back as home secretary by Rishi Sunak, said in a letter to a Westminster committee that it happened because she needed her work phone to [...]
Exclusive: The West must accept climate trade-offs in green metal push October 31, 2022 The West should be honest about the environmental effects of mining for vital green metals, argued Amaroq boss Eldur Olafsson.
Eurozone inflation breaches forecasts to hit record 10.7 per cent October 31, 2022 Eurozone inflation has surged past expectations to 10.7 per cent this month in a further sign the European Central Bank (ECB) will have to keep heaping misery on businesses and households to tame prices. Prices continued to climb rapidly in all the bloc’s major economies, signalling the effects of the ECB’s pivot from years of [...]
Revolut chief Nikolay Storonsky renounces Russian citizenship October 30, 2022 The head of London fintech giant Revolut has renounced his Russian citizenship amid the Ukrainian government’s decision to sanction his Ukrainian born father over his position at Gazprom’s research arm. Revolut co-founder Nikolay Storonsky Jr previously held both British and Russian passports, but renounced his Russian citizenship in response to the country’s invasion of Ukraine, [...]