The City View: Energy market volatility March 9, 2022 Today Andy Silvester chats to Morning Wire reporters Jack Barnett and Nicholas Earl about volatile energy prices potentially becoming even more so; inflation forecasts, rising consumer prices and what the Bank of England will do vis-à-vis rate hikes; and yesterday’s nickel big short and its impact on the London Metal Exchange. Andy also goes through [...]
How stock markets perform after heavy falls March 9, 2022 | City Talk While public attention has understandably focused on the grave humanitarian consequences of the invasion of Ukraine, global markets have reflected investors’ concerns about financial and economic impacts. Our live blog on the Ukraine crisis will be updated regularly throughout the week, it can be found here. To date the current crisis has seen major markets fall [...]
SIGNA Sports United leads investment in UK firm Buzzbike  March 9, 2022 Sports e-commerce and tech platform SIGNA Sports United has taken a stake in UK bike subscription service, Buzzbike, as part of its platform expansion strategy. Within the new partnership, Berlin-based SIGNA Sports United (SSU) will support Buzzbike’s bike development and become its exclusive bike supplier. The London start-up Buzzbike offers a monthly membership package, which includes a [...]
Bitcoin recovers to break $42k after positive US news March 9, 2022 The crypto markets are certainly looking stronger this morning, with the Bitcoin price recovering to just above $42k.
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Nearly half of all Brits fear inflation may rise more than Bank of England prediction March 9, 2022 About two-fifths of people polled recently have a more pessimistic view about rising inflation than the Bank of England, it has been revealed. Despite the Bank’s prediction of a seven per cent spike in Spring, 39 per cent of respondents to a survey by HR software provider CIPHR thought it would be eight percent or [...]
Lettings head at Foxtons joins rapidly-growing Lomond Group to lead entry into London market March 9, 2022 Ed Phillips will leave his position to become the new group CEO at the Lomond Group, as the latter builds on a busy 12 months that included 25 key acquisitions.
ITV teams up with European car seller carwow in advertising tie-up March 9, 2022 ITV has announced it is investing in a partnership with Europe’s biggest new car marketplace carwow, in return for advertising inventory across ITV’s channels and the ITV Hub.