Bumper results ease Russia-Ukraine fears in the City February 23, 2022 London’s top indexes were muddled yesterday despite some of the City’s largest companies reporting bumper results, boosting investor sentiment. The capital’s premier FTSE 100 index edged 0.05 per cent higher to 7,498.18 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, lost 0.72 per cent to [...]
UK and Australia Space Bridge hailed ‘best practice’ for global space industry February 23, 2022 The UK and Australia’s so-called Space Bridge, which unlocks trade barriers, academic research opportunities and investment for both sides, has been hailed “best practice” for the global space industry. The partnership, which has reached its one-year anniversary today, seeks to collaborate on space-related activities, including sharing Earth observation data from satellites. “The Space Bridge [...]
Gas prices soar amid raised fears of supply shortages as Ukraine suffers cyber-attacks February 23, 2022 Gas prices have shot up 12 per cent on both major benchmarks, raising fears of further energy supply shortages and disruption.
MPs call for media watchdog to investigate Kremlin-controlled Russia Today TV February 23, 2022 Foreign Secretary Liz Truss said she thought the media regulator Ofcom would be looking at Russia's state-backed news channel Russia Today, which is broadcast in the UK.
Oil prices steady as supply fears ease February 23, 2022 Oil prices have stabilised after hitting seven year highs, with the West so far avoiding measures that could hit Russian oil and gas.
Crypto markets push higher despite uncertainty over Russia sanctions February 23, 2022 The crypto markets are looking buoyant this morning, after a difficult start to the week that saw the Bitcoin price dip as low as $36k.
Johnson says UK preparing to ban Russia from issuing state bonds in London February 23, 2022 Boris Johnson has said he is preparing to ban Moscow from issuing sovereign bonds in the UK and bar Russian companies from raising money in the City of London if Vladimir Putin makes further military incursions in Ukraine. The Prime Minister today waved away calls that the UK’s set of sanctions yesterday in response to [...]
Peel Hunt warns of profits slump as deal delays hamper performance February 23, 2022 Shares in British broker Peel Hunt plunged more than 13 per cent this morning after bosses said it expected full year profits to slump below expectations, as deal delays and a trading slowdown hampered performance.
Analysis: Scholz’s orange light for Nord Stream 2 February 23, 2022 German Chancellor Olaf Scholz’s decision to suspend the approval process for Nord Stream 2 following Russia’s decision to instigate conflict in Ukraine was both an emphatic display of solidarity with the West, and also a canny political move, reflecting the savviness of Angela Merkel’s successor. The choice allowed him to present a united front with [...]
Foreign Secretary Liz Truss insists UK is ‘inflicting pain’ on Vladimir Putin and his friends February 23, 2022 Foreign Secretary Liz Truss has defended the UK’s “very serious package” of sanctions against Russia, arguing it will be effective in “inflicting pain” on Vladimir Putin. She also said the Government will ramp up punitive measures in the event of a “full-scale invasion” by Moscow. On the current set of sanctions, Ms Truss told Sky [...]