Firms running the UK’s energy network infrastructure have been warned to expect tougher price controls from 2021. UK energy regulator Ofgem says there is evidence investment costs have been lower than expected
There’s a reason they give gold and silver Olympic medals. The precious metals have been highly prized since the dawn of civilisation – and today, they are still seen as a safe haven for investors.
A price cap on energy bills for more low-income families has been announced by UK energy regulator Ofgem. A cap for four million consumers on pre-payment meters announced earlier this year
If you’ve been tempted to try one of the new craft ales or artisan gins in the nation’s bars and pubs, you’re not alone – the beer and spirits trade is on a roll. Gin broke the £1bn sales mark for the first time ever in the UK in 2016
The UK remained the top destination for foreign investment in financial services last year despite the Brexit vote, although France and Germany are seen as increasingly attractive.
An accidental ‘fat-finger’ trade may have triggered a dramatic 1.3% fall in the gold price in early UK trading on Monday (June 26), which saw it plummet from $1,253 to $1,243 in just five minutes.
Japanese car component firm Takata has filed for bankruptcy after facing huge compensation claims over exploding airbags that have been linked to 17 deaths around the world.
Uber co-founder Travis Kalanick has resigned as CEO of the cab-hailing company after allegations of a macho management culture that turned a blind eye to claims of sexual harassment.
Bank of England governor Mark Carney has signalled that UK interest rates are set to remain low to keep growth on track as the country negotiates Brexit.
Japan had an unexpected trade deficit of $1.8bn in May, despite a 14.9% rise in exports, according to new data. However the country’s economic recovery has been praised in a report released today (June 19) by the International Monetary Fund (IMF).
More than $31bn has been ploughed into Exchange Traded Funds (ETFs) in just one week – despite a plunge in the value of tech stocks. The $31.6bn ETF inflow for the week ending Wednesday June 1
Are cryptocurrencies the future of international financial transactions? Can they be traded? Will the supermarket shopper use a digital currency to buy their groceries any time soon? To answer those questions, it’s necessary to look at exactly what a cryptocurrency is.
Employee stock options are schemes to enable workers to buy stakes in the companies they work for. They can be an effective way of rewarding, retaining and incentivising staff, and were historically seen as a highly desirable staff benefit.
London clearing house LCH has said it would be willing to accept more direct oversight of euro trades from Brussels after Brexit. LCH, which is majority owned by the London Stock Exchange, handles roughly 75% of the world’s euro-denominated derivatives.
The UK economy is set to grow by 1.7% this year, according to a new report by the World Bank, up from a forecast of 1.2% in January, though down 0.1% on 2016. UK quarterly growth was 2.0% for Q1 2017, up from 1.9% in Q4 2016.