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News

  • April 13, 2024

UK and US block trade of new Russian metals at world’s largest exchanges

The UK and the US have announced that new aluminium, copper and nickel produced by Russia will no longer be traded at the world’s two largest metal exchanges.

  • April 13, 2024

Will UK mortgage rates rise even more if US inflation stays hot?

London markets have been spooked by worse-than-expected economic data across the pond that has raised uncertainty over when central banks will start lowering interest rates. So what does this mean for

  • April 13, 2024

Wingstop: How a fast food chain targeted at Gen Z is transforming London’s hospitality scene

Owners of a fast food chain targeted at social media obsessed Gen Z, have said they plan to open up to 100 stores over the next five years, in a boost for Britain's ailing hospitality market

  • April 13, 2024

What could Shell and BP be worth across the pond?

Ultimately, Shell and BP's future in London rides on how patient investors are willing to be.

  • April 13, 2024

City chiefs lament London Stock Exchange ‘doom loop’ after bruising exits

Two top City figures have taken aim at the “doom loop” and negative media narrative gripping the London Stock Exchange after a bruising week of headlines for the beleaguered bourse.

  • April 12, 2024

EUR/USD Plummets, Eying Largest Weekly Loss in 18 Months

Contrasting data in the US and Europe highlights the need for policy divergence between the Fed and European Central Bank – weighing on EUR/USD

  • April 12, 2024

US Dollar Hits a Fresh Multi-Month High, Gold Surge Continues Towards $2,400/oz

The US dollar index opens higher in Europe, aided by a weak Euro, and is back at highs seen last November. Gold is unfazed by US dollar strength and continues to print new highs.

  • April 12, 2024

SFO: Former MoD official sentenced to 30-month over Saudi bribery case

e was charged with corruption and misconduct in a public office. The fraud agency also brought charges against John Mason, 81, a part-owner of some of GPT’s subcontractor companies.

  • April 12, 2024

The Very Group: Moody’s changes outlook on online retailer owned by billionaire Barclay family

Moody's has changed its outlook on The Very Group from stable to negative despite it securing major investment and named a new chief executive.

  • April 12, 2024

Apple fails to have £785m English class action thrown out of court

Last July, there was a class action brought on behalf of UK app developers against Apple, alleging that the company’s App Store holds an unfair monopoly.

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