Prime Minister Boris Johnson confirms support for North Sea oil and gas industry March 14, 2022 Prime Minister Boris Johnson gave his backing to the North Sea oil and gas industry as the UK looks to ensure supply security.
Wheat prices spike as Russia threatens to suspend exports March 14, 2022 European wheat prices have risen amid threats from Russia it will suspend exports of wheat, barley, maize and rye.
Editorial: No sympathy for the sanctioned, but seizures are dangerous path to tread March 14, 2022 It is not easy to feel much sympathy for Oleg Deripaska, whose mansion on Belgrave Square was squatted by a group of protestors yesterday, ostensibly to reclaim it as a home for Ukrainian refugees. It is notably more than the Government itself has managed so far with regards to working out where and how the [...]
Houston Rockets owner latest to weigh Chelsea FC bid amid sale March 14, 2022 The owner of NBA team Houston Rockets, Tilman Fertitta, is said to have expressed interest in purchasing Chelsea Football Club. Fertitta, whose wealth is estimated to be north of £4.5bn, is among a group of potential buyers who have been given access to a data room relating to the sale of the Stamford Bridge club, [...]
Russia-Ukraine talks boost London’s top indexes March 14, 2022 Reports of progress in talks between Russia and Ukraine boosted London’s top indexes today. The capital’s premier FTSE 100 index jumped 0.53 per cent to close at 7,193.47 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, soared 1.31 per cent to 20,471.25 points. Negotiations between [...]
Government considers extending life of EDF coal power plant March 14, 2022 The government is weighing up suspending the closure of a coal power plan overseen by EDF in West Burton.
The City View: The Fed considers a rate hike, and India considers Russian oil March 14, 2022 On today’s episode of The City View, Andy Silvester chats to City A.M. reporter Jack Barnett about firms raising their prices; whether the Fed and the Bank of England will hike rates, and by how much; and what we can expect of inflation by this October. Andy also takes us through the headlines: Rio Tinto [...]
Israel will not be a ‘route to bypass sanctions imposed on Russia’ March 14, 2022 Israel’s foreign minister has insisted the country will not be a “route to bypass sanctions imposed on Russia”. Centrist politician Yair Lapid made his comments in Bratislava with his Slovakian counterpart, amid growing concerns that some Russian-Jewish oligarchs could use Israel to get around harsh sanctions. This come after the UK, US and European Union [...]
Foreign home ownership in London swells by £6bn but oligarch exodus to slow cash influx from abroad March 14, 2022 Internationally-registered homes in London increased by £6bn last year, but the impact of Russian sanctions is expected to slow the rate of growth in the market. Despite the pandemic, there was a four per cent increase in the number of houses registered to buyers overseas, up to 84, 451, according to new numbers released by [...]
Oil prices plummet as investors pin hopes on Russia-Ukraine talks March 14, 2022 Oil prices nosedived on both major benchmarks today following renewed peace talks between Ukraine and Russia.