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Markets

  • Four-day working week pilot launches in UK with 100-80-100 model: Full pay and productivity but 80 per cent of the time

    January 22, 2022

    A four-day working week six-month pilot programme has been launched today in the UK. Participating companies and organisations will trial a four-day week with no loss in pay for employees based on the principle of the 100:80:100 model. This entails 100 per cent of the pay for 80 per cent of the time, in exchange [...]

  • Gold prices finally rise amid Wall Street turbulence and inflationary pressures

    January 21, 2022

    Gold could be returning to its established role as an inflation hedge, with prices finally increasing after many weeks of treading water.

  • Oil: Market rally drums up hopes of $100 prices amid tightening supplies and international tensions

    January 20, 2022

    Rebounding demand, tightening supplies and geopolitical tensions could power oil prices above $100 per barrel for the first time in eight years.

  • Household energy bills could rise twice this year warns industry boss

    January 20, 2022

    Household energy bills are likely to rise again in October despite a predicted 50 per cent jump this spring, warns the chief executive of Energy UK.

  • Silver: Golden opportunity or flash in the pan?

    January 19, 2022

    Silver prices are closing in on two-month highs of $24 per ounce, amid disappointing US manufacturing figures and inflationary pressures.

  • Sony faces biggest share fall since financial crisis following Microsoft’s £55bn bid for Call of Duty maker

    January 19, 2022

    Japanese tech giant Sony experienced its biggest one-day share drop since the global financial crisis on the Tokyo market, following Microsoft’s $75bn (£55bn) bid for Call of Duty maker Activision Blizzard.

  • Gas prices drop amid milder weather and LNG boost

    January 19, 2022

    Gas prices have slumped despite seemingly favourable geopolitical trends amid milder weather and an LNG boost to formerly flagging supplies.

  • Oil rally drums up expectations with analysts forecasting $100 prices

    January 19, 2022

    OANDA's senior analyst Craig Erlam has told City PM oil prices could reach $100 per barrel during the first quarter this year.

  • Half of UK households call on government and energy industry to do more to ease rising energy bills

    January 19, 2022

    50 per cent of energy bill payers believe support from the government and energy industry has been inadequate during the current crisis.

  • UK inflation jumps to 5.4 per cent: Highest rate in almost 30 years

    January 19, 2022

    The rate of Consumer Price Index inflation increased to 5.4 per cent in December from 5.1% in November, the Office for National Statistics has said. Grant Fitzner, chief economist at the Office for National Statistics (ONS), said: “The inflation rate rose again at the end of the year and has not been higher for almost [...]

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