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Markets & Economics

  • Visa chief exec calls out ‘inaccurate’ Amazon high fee claims

    November 20, 2021

    Visa's chief executive has hit back at Amazon's dramatic decision to block UK Visa credit cards, according to reports.

  • London’s Wolseley restaurant owners take Axa to court over Covid insurance disputes

    November 20, 2021

    Hospitality groups, including the owner of London's Wolseley restaurant, are set to bring lawsuits to Axa insurance over Covid-related losses, according to reports.

  • Udder Breakthrough: European watchdog approves methane-cutting cattle additive

    November 19, 2021

    A new additive that could cut methane emissions from cattle by a third has been approved by the European Food Safety Authority (EFSA).

  • Google searches for ‘energy bill help’ soar three thousand per cent after two more firms go bust

    November 19, 2021

    Google searches for ‘energy bill help’ exploded over three thousand percent in the UK on the same day two more energy suppliers collapsed.

  • Buoyant mining stocks boost FTSE 100

    November 19, 2021

    A rally among mining stocks boosted London’s premier FTSE 100 index this morning. The capital’s premier index added 0.23 per cent to reach 7,272.35 points, while the mid-cap FTSE 250 index edged back 0.08 per cent to 23,556.93 points. A rally among mining stocks boosted London’s premier FTSE 100 index this morning. The capital’s premier [...]

  • Oil be back: Prices recover despite Biden pushing China to release crude reserves

    November 19, 2021

    Oil prices are showing signs of recovery despite calls from the US and China to flood the market with crude reserves.

  • Nationwide profit more than doubles as UK economy recovers

    November 19, 2021

    Nationwide has reported that its profits more than doubled for the half-year, amid the UK's economic recovery.

  • Government borrows £18.8bn in October as debt to GDP remains elevated

    November 19, 2021

    The government borrowed the second highest amount of money on record in October as the pandemic continues to hit the public finances. The government borrowed £18.8bn in October, the second highest monthly figure since record began in 1993. The borrowing figure was much higher than expected. Experts had expected public sector borrowing to fall to [...]

  • Spacetech fund reports buoyant growth with assets hitting £221m

    November 19, 2021

    Defined as the world's first listed fund focused on spacetech, Seraphim Space Investment Trust reported a 26 per cent growth in net assets to £221m in its quarterly results this morning.

  • Second-hand shopping lifts retail sales above pre-pandemic levels

    November 19, 2021

    Retail sales jumped over the last month as consumers flocked to charity shops, according to data from the Office for National Statistics published today. Retail sales jumped 0.8 per cent over the last month and soared above pre-pandemic levels. Spending at second hand clothes stores climbed over the last month, driving overall retail sales higher [...]

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