A monumental rebuild of Ukraine requires private sector bridges between London and Kyiv June 23, 2023 Sergii Pylypenko is CEO of Kovalska Group, one of Ukraine's largest firms. In a guest essay for City A.M., he calls on the private sector to get behind the country's rebuilding
LME compliance chief called FCA nickel queries ‘ridiculous’ June 22, 2023 The London Metal Exchange's head of compliance described questions from the UK's markets regulator about nickel prices as "ridiculous."
Good Energy snaps up solar panel specialist amid record installations June 22, 2023 Good Energy has snapped up solar and storage business Wessex Eco Energy as it looks to harness record solar panel installations.
Andrew Bailey under fire from Government and City analysts ahead of rate hike June 22, 2023 Andrew Bailey and the Bank of England have been criticised for moving too slowly to clamp down on inflation
Gas prices rise in UK and Europe on surging summer demand for air conditioning June 21, 2023 Soaring demand for air conditioning across Europe has contributed to the latest spike in gas price, experts suggest.
Qatar set to strike second big LNG supply deal with China June 20, 2023 Qatar is set to secure its second large gas supply deal with a Chinese state-controlled company in less than a year.
Bitcoin supply on exchanges hits three-year low, as BlackRock files for spot Bitcoin ETF June 19, 2023 Data from CryptoCompare shows that the price of the flagship cryptocurrency Bitcoin (BTC) started the week with a drop from around $26,000.
Sunak piles pressure on private sector to invest in war-torn Ukraine economy June 19, 2023 The Prime Minister Rishi Sunak is set to pile pressure on UK firms to invest in the Ukrainian war effort this week as Kyiv mounts its own charm offensive on the private sector globally.
European Central Bank hikes rates 25 basis points to 2001 and hints at more to come June 15, 2023 The European Central Bank (ECB) today signed off what many thought would be its final interest rate rise, but lingering concerns about high inflation may lure the monetary authority into further increases, experts have bet. The monetary authority of the 20 countries using the euro sent borrowing costs up 25 basis points to 3.5 per [...]
Revolut hit with 40 per cent valuation write down amid banking licence woes June 15, 2023 Revolut’s value has plunged by nearly 40 per cent over the past year as it struggles to win a banking licence and fails to provide full “visibility” on its accounts, according to a major investor in the firm. London-based Revolut, run by Russian-British founder Nik Storonsky, bagged a $33bn valuation at the peak of the [...]