Capricorn Energy production growth ‘ahead of expectations’ thanks to acquisitions January 25, 2022 Independent energy firm Capricorn Energy reported that production growth was “ahead of expectations” this morning, with acquisition driving value.
Rachel Reeves must ground Labour’s policy in compelling plans for economic growth January 25, 2022 It is easy to get frustrated following politics. I’m not talking about the in-fighting, the hypocrisy, or the subsequent tendency for allegations of hypocrisy to overshadow any substantive policy issues. My gripe is with the shallowness of the policy debate. Too often, politicians confuse ends with means. The result is a complacent debate and vacuous [...]
Treasury minister quits over government’s ‘lamentable’ Covid fraud record January 24, 2022 A Treasury minister resigned today over the government’s “lamentable” record on Covid fraud, after billions were stolen from Covid support schemes. Lord Theodore Agnew – previously responsible for government efficiency – said oversight of the Covid loan schemes by the Department of Business, Energy and Industrial Strategy (Beis) and the British Business Bank had been [...]
Rio looks at treasury allocation while Russia proposes crypto ban January 24, 2022 Data shows the price of Bitcoin plunged over last week from around $43,000 to a low just above $34,000 before it started recovering.
Slump deepens for crypto market as Bitcoin slides below $34,000 January 24, 2022 The crypto market continues to spiral downwards with Bitcoin today shedding five per cent of its value to stand below $34,000.
UK services economy stands strong amid Omicron Plan B assault January 24, 2022 Britain’s services economy has stood strong in the face of the re-emergence of curbs on daily life in a bid to clamp down on the Omicron variant, reveals a closely watched survey released today. IHS Markit’s latest flash purchasing managers’ index (PMI) for the UK services industry came in at 53.3 for January, a marginal [...]
Computacenter expects profits to top £250m amid record order backlog January 24, 2022 British IT firm Computacenter expects pre-tax profits to exceed £250m for the full year amid strong demand for products and services.
Amigo Loans shares slide 40 per cent as lender warns of insolvency risk January 24, 2022 Amigo Loans has warned the company will collapse if a new scheme to pay back customers and restart lending is not approved.
Planned redundancies drop 86 per cent from pandemic peak January 24, 2022 Businesses are planning far fewer redundancies than they were a year ago amid growing confidence about the UK's economic recovery.
Financial services litigation in 2022: Push payments, crypto fraud, ESG and a jump in interest rates January 22, 2022 Push payments, cryptocurrency fraud and a jump in interest rates could lead to more litigation in the financial services sector in 2022, an industry expert discussed with City A.M. this weekend. One of the biggest drivers of financial disputes this year could be authorised push payment fraud. Authorised push payment fraud involves fraudsters duping consumers [...]