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Markets & Economics

  • Willis Towers licks wounds of failed mega-merger with a board shakeup

    November 18, 2021

    Willis Towers Watson has appointed four new directors, as the company tries to move forward after a failed mega-deal with Aon earlier this year.

  • Brits have worst delivery experience, research says

    November 18, 2021

    British consumers have a worse delivery experience compared with their counterparts in the US and Europe, even though the supply chain crisis is affecting the whole world. Research from operations experience platform Parcellab has revealed that 39 per cent of UK consumers claim to have placed an order that never arrived, compared with 18 per [...]

  • High voltage: National Grid’s profits spark to life amid Europe’s energy crunch

    November 18, 2021

    National Grid is benefitting from booming profits as the energy crisis continues to bite.

  • EV premiums tumble by £97, research says

    November 18, 2021

    Insurance rates for electric vehicles (EV) have gone down by £97, from £753 to £656, while premiums for petrol and diesel slumped by £82 to £622 in the third quarter of 2021. Research from price comparison website Comparethemarket has revealed that, despite the decline, the average annual insurance for EV is still £33 more expensive [...]

  • After 12 years: PwC likely to be replaced by EY as Aviva auditor

    November 18, 2021

    Aviva has proposed EY as its new auditor from 2024, replacing PwC after 12 years.

  • FTSE 100 shrugs off real estate stocks boost

    November 18, 2021

    London markets were a mixed bag during opening exchanges today despite a rally among real estate stocks providing bright spots on the FTSE 100. The capital’s premier index fell 0.19 per cent to 7,276.99 points, while the mid-cap FTSE 250 climbed 0.22 per cent to 23,487.07 per cent. A rally among real estate stocks was [...]

  • Credit to them: TBC Bank revels in hefty net profits amid re-entry to the FTSE 250

    November 18, 2021

    Georgian TBC Bank has shown signs of recovery with hefty third-quarter net profits after returning to the FTSE 250.

  • Mining its own business: Atalaya Mining enjoys soaring revenues amid raised copper prices and greater sales

    November 18, 2021

    Atalaya Mining revels in rising revenues as copper prices increase and production rises, with the group now offering dividends.

  • Canada’s biggest video game developer eyes £130m London listing

    November 18, 2021

    Leaf Mobile, which develops games based on shows such as RuPaul's Drag Race, expects to be valued at £130m following the dual listing on the London Stock Exchange.

  • Swelling energy bills propel inflation to 4.2 per cent, more than double Bank of England’s target

    November 17, 2021

    Swelling household energy bills have propelled inflation to more than double the Bank of England’s target, dialling up pressure on the Old Lady to act to hose down red-hot price rises. Inflation scaled to 4.2 per cent in October, up sharply from 3.1 per cent in the previous month, according to the Office for National [...]

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