Clipper shares climb 14 per cent on GXO takeover offer February 21, 2022 Clipper logistics saw shares climb 14 per cent today following news the company is being courted with a £947m takeover offer from US suitor GXO.
Synairgen shares collapse 94 per cent as results disappoint February 21, 2022 Biotech firm Synairgen saw shares collapse by 94 per cent today after its asthma drug proved a poor treatment for Covid-19 in trials.
London indexes slump amid Russia-Ukraine escalation February 21, 2022 London’s top indexes plunged yesterday as investors were spooked by an apparent escalation in Russia-Ukraine tensions. The capital’s premier FTSE 100 index lost 0.39 per cent to dip to 7,484.33 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, dropped 1.24 per cent to 21,097.19 points. [...]
Oil remains well above $90 per barrel amid looming prospect of war in Ukraine February 21, 2022 Oil remains stable with prices hovering near the seven-year highs recorded last week amid continued concerns over supply.
UK defence secretary sounds alarm as Russian troops amass on Ukraine border February 21, 2022 Britain's defence secretary has warned that Russia is building up troops along Ukraine's border amid fears an invasion is immanent.
Russian finance ministry splits from Central Bank over crypto February 21, 2022 Russia is preparing to regulate the use of digital assets with a new crypto bill, despite Central Bank calls for an outright ban.
Shell reveals LNG trade grew six per cent amid rebounding post-lockdown demand February 21, 2022 Shell has revealed the LNG trade grew six per cent year on year, as economies recovered from the COVID-19 pandemic.
Exclusive: Experian heavyweight on why most UK companies fail to capitalise on valuable data February 21, 2022 Quality data proves critical to business performance but most business are not able to capitalise on data, an executive at consumer crediting reporting giant Experian has told City PM City-based Andrew Abraham, global managing director for data quality at Experian, said that “the last year has tested every industry, with a new requirement for business [...]
City watchdog FCA looking to hire hundreds of new staff to get grip on consumer credit market February 21, 2022 The financial services watchdog is recruiting for a number of senior roles in a push to expand its oversight and supervision of the City’s credit space. The Financial Conduct Authority, based in Stratford, is looking for a lead supervisor for credit and debt as well as a director for consumer finance. In the publicly available [...]
Scrapping of Plan B curbs turbocharges UK services economy February 21, 2022 The British economy appears to be weathering the cost of living storm as the drag on businesses and households from pandemic curbs peters out. The scrapping of Plan B restrictions prompted Brits to pour back to high streets, pubs, bars and restaurants, lifting output in the services economy to an eight month high of 60.8 [...]
