The university financial ticking bomb
Vice chancellors nationwide have long warned of a growing financial crisis in universities.The dire warnings have…
Yearly Archives
2023
Rolls-Royce is in talks with Ukraine to build mini-nukes
Rolls-Royce has begun talks with Ukraine’s largest private power company about building a series of mini-nuclear…
Lloyd’s of London will remain in the landmark building at least until 2035
Lloyd's of London and its landlord Ping An have agreed to remain at their One Lime St headquarters until 2035 at…
UK FCA rejects extension of post Brexit licensing regime
The UK's top regulator of financial services has ruled out extending its temporary post Brexit licensing regime…
Farmers’ leader criticises post-Brexit agriculture policy
The post-Brexit farm subsidy scheme is not better than the previous EU model and big landowners still receive…
Ryanair boss Michael O’Leary is on track for a £100mn bonus
Ryanair CEO Michael O'Leary will receive a €100mn Bonus due to the low-cost carrier's shares reaching a new record.…
Investors abandon notion that interest rates would remain ‘higher’ for…
The recent rally on global bond markets has dispelled investors' long-held belief that interest rates will continue…
Shetland’s SaxaVord Spaceport awarded licence for UK’s first vertical rocket…
The UK has approved its first spaceport for vertical launch rockets in the northernmost part of the Shetland…
The car finance bubble bursts when drivers are unable to pay their payments
Deal complaints are on the rise due to rising interest rates and cost of living.
Complaints about auto finance…
Palm oil fraud calls for stricter import rules on biofuels
Campaigners warn that stricter rules are required to ensure that imported "used" palm oil is not virgin palm oil.…
Redcar’s ‘Hydrogen Village’ project abandoned following local…
A plan to use hydrogen to heat homes in a village in North-East England has been canceled after months of…
OECD warns that Net Zero will cost the global economy trillions.
Net zero would shrink Britain's economy by £60bn and cause the global economy to be $3.6 trillion (£2.8 trillion)…
Coffee machine sales surge as prices of takeaway latte rise
Demand for home espresso machines has increased due to the rising cost of coffee taken away.
Alex Baldock said…
IEA: Opec+ controls only half the oil market.
Opec+ controls only half of the global oil production, as demand growth has slowed "dramatically" and US output is…
Beam Suntory sells Courvoisier Cognac to Campari
Campari will buy Courvoisier Cognac, a US-Japanese spirit group Beam Suntory. The deal is valued at $1.32bn. Global…
Carbon price falls as investors worry about ‘weak impact’ of COP28…
Carbon prices dropped to their lowest level in 14 months because traders were not convinced by the COP28 Summit…
EU leaders agree to begin accession talks with Ukraine
EU leaders agreed to start talks with Ukraine for its accession after Hungary's Prime Minister changed his mind…
Solar farm to power London offices
Workspace Group, a corporate landlord, has made an agreement with Europe's largest renewable energy generator to…