Don’t turn off the UK’s gas supplies, embrace shale May 21, 2018 For far too long we have debated what our energy mix should look like, all the while crucially missing the most important point: the UK has become a nation that imports its energy, reducing its energy security, shunning UK job opportunities and missing out on tax revenue, as other countries reap those rewards. We have [...]
Russian heyday of corruption is over, says MP on release of report into Kremlin money in London May 21, 2018 The days when Russian corruption was an acceptable part of business are over, the chair of the Foreign Affairs Select Committee has said. Speaking to City A.M ahead of the publication of a new report into corrupt Kremlin-connected money in the capital, Tom Tugendhat said the issue needed to be taken “very seriously”. The report, [...]
Roman Abramovich in visa limbo as UK stalls in accepting renewal application May 20, 2018 Chelsea owner and Russian magnate Roman Abramovich has been forced to leave the UK following complications in the renewal of his visa. The process of renewing Abramovich’s visa is understood to be taking longer than usual after it expired nearly a month ago. The billionaire – who is the 13th richest person in the UK [...]
Last Week in the City: England has an 8.5% chance of winning the World Cup May 18, 2018 Garry White, chief investment commentator, looks at the market-moving events that have shaped the UK equity markets this week (14 to 18 May 2018). UBS has used its City analysts’ predictive firepower to try and work out the winner of the upcoming World Cup in Russia – and England came surprisingly high in its league [...]
England World Cup 2018 squad confirmed: Gareth Southgate names Trent Alexander-Arnold and Ruben Loftus-Cheek in 23-man squad May 16, 2018 England manager Gareth Southgate has called up uncapped Liverpool youngster Trent Alexander-Arnold to his squad for the 2018 World Cup in Russia. Elsewhere, their were few surprises in the final 23-man squad selected for the tournament. Southgate’s commitment to youth was further underlined in the selection of Chelsea’s Ruben Loftus-Cheek in midfield who was chosen [...]
The swashbuckling author of Be More Pirate is teaching entrepreneurs how to be maritime buccaneers May 16, 2018 Before Disney’s Pirates of the Caribbean franchise, maritime swashbucklers were about more than eyeliner and Orlando Bloom. In fact, it’s possible Robert Louis Stevenson was closer to the mark in presenting pirates as heroic outlaws, whose thievery and sword-fighting merit glorification over farcical misrepresentation. This is the view of entrepreneur-turned-writer, Sam Conniff Allende. The Livity [...]
ITV’s share price rises as broadcaster beats advertising sector woes May 10, 2018 ITV’s share price climbed 3.2 per cent this morning as the broadcaster revealed growth in advertising and revenues from its production arm ITV Studios. The figures Total external revenues at Britain’s biggest free-to-air broadcaster grew five per cent to £772m, with all parts of the business contributing. Revenues at ITV Studios were up 11 per [...]
The impact of Trump-Iran standoff on markets after the scrapped the Iran nuclear deal and threatened sanctions May 9, 2018 Overnight, US president Donald Trump pulled out of the Iran nuclear deal and said he will reintroduce sanctions on the Middle Eastern nation. How is this going to impact markets? President Trump’s decision to pull out of the Joint Comprehensive Plan of Action (JCPOA), known commonly as the Iran nuclear deal, may have implications for [...]
Trump withdraws from Iran deal: EU mulls retaliation as part of measures to protect European businesses from sanctions May 9, 2018 The European Union is mulling action including counter-measures against the US in a bid to protect firms doing business with Tehran from the threat of sanctions following Donald Trump’s withdrawal from the Iran nuclear deal. Last night Trump described the deal, signed by his predecessor President Obama and the other permanent members of the UN [...]
World leaders united in “deep regret” at Trump’s Iran move May 9, 2018 World leaders have united in expressing their deep regret at Donald Trump’s decision to withdraw from the historic deal with Iran. The deal, which allows the country to develop nuclear power and is granted sanctions relief as long as agrees not to develop weapons and submits to regular assessment, was rejected by the US President [...]