-
4 weeks ago | 
londonlovesbusiness.com | Tito Iakopa
Gold prices hovered near record highs on Thursday as mounting trade tensions and geopolitical instability fuelled investor demand for safe-haven assets. On Wednesday, US President Donald Trump announced a 25%…
-
4 weeks ago | 
londonlovesbusiness.com | Mark Channer |Tito Iakopa |Quasar Elizundia |Sarah Dunsby
The U.S. dollar traded weaker on Thursday, dropping 0.22% in the DXY index, despite the release of economic figures that slightly exceeded market expectations. This negative move becomes technically significant as it occurs near the 200-period moving average, a key level that was breached earlier in March, placing the greenback under greater short-term selling pressure.
-
1 month ago | 
londonlovesbusiness.com | Tito Iakopa |Sarah Dunsby |Hani Abuagla |Robert Lane
The FCA has today announced it will shortly launch a call for evidence on current and alternative approaches to stress testing. In May, the regulator will launch a consultation proposing early ideas to simplify its rules and benefit mortgage consumers, making it easier to remortgage with a new lender, discuss their options outside a regulated advice process and reduce their mortgage term. Newspage asked brokers, lenders and economists for their views.
-
1 month ago | 
londonlovesbusiness.com | Tito Iakopa |Sarah Dunsby |Hani Abuagla |Robert Lane
Construction, transport, and STEM fields are seeing a surge in female representation, with some industries seeing up to 20% female growth between 2020 and 2024. With the UK recently receiving the lowest ranking for gender equality in over a decade, gender diversity in the workplace has become a major focus in the UK. Employers recognise the value of a diverse workforce, and statistics show that women are making significant progress in fields previously dominated by men.
-
1 month ago | 
londonlovesbusiness.com | Mark Channer |Tito Iakopa |Sarah Dunsby |Hani Abuagla
Estonia has said that Russia is showing no signs they are preparing for a ceasefire and Vladimir Putin is intensifying shelling to try and strengthen their positions in Ukraine in an attempt to have a greater bargaining chip for negotiations with the US. Putin and his top officials have rejected America’s terms for negotiations and the Foreign Minister Sergey Lavrov is dictating that Ukraine give up their territories that have not been occupied, the Russian leader wants all of Ukraine.
-
1 month ago | 
londonlovesbusiness.com | Mark Channer |Tito Iakopa |Sarah Dunsby |Hani Abuagla
The Hungarian Prime Minister Viktor Orban has said he will oppose Ukraine joining the European Union as be believes it “will destroy us.” The Hungarian broadcaster Hirado reported on Friday that Orban said he has “no idea” how Budapest would be able to “control the crime” that will flood Hungary, he claims. Orban who is widely seen as pro-Vladimir Putin said that Ukraine joining the EU would also “destroy” Hungarian farmers and their agriculture and affect their economy.
-
2 months ago | 
londonlovesbusiness.com | Sara Pineros |Tito Iakopa |Sarah Dunsby |James Green
As energy costs continue to rise, UK households are constantly seeking reliable power backup solutions to reduce their electricity bill. The fact that the average electricity price in the UK surpasses that of most other EU countries makes them turn to power generators. Some solutions gaining traction are portable electric generators and even small generators.
-
2 months ago | 
londonlovesbusiness.com | Sara Pineros |Tito Iakopa |Sarah Dunsby |James Green
UK inflation rose more than expected in January, with the headline rate increasing by 0.5pp to 3.0%, against consensus expectations for a rate of 2.8%. While core and services inflation also saw sharp rises, they were either in line or below expectations. With CPI expected to remain above target throughout the year but concerns growing about the weak outlook for growth, the Bank of England need to strike a fine balance to support the economy in 2025.
-
2 months ago | 
londonlovesbusiness.com | Tito Iakopa |Sarah Dunsby |James Green |Robert Lane
The US dollar traded within a narrow range as investors have adopted a cautious approach ahead of today’s job reports and tomorrow’s Nonfarm Payrolls (NFP) report, which could provide crucial hints on the Fed’s next move. If the NFP figures mirror the strength of the ADP Employment Change, it could reinforce a hawkish Fed stance, supporting the dollar. Conversely, weak figures could fuel selling pressures. Markets continue to price in a 50 basis-point rate cut by year-end.
-
Jan 23, 2025 | 
londonlovesbusiness.com | Tito Iakopa |Sarah Dunsby |Kate McMullinWill Hayward |Robert Lane
Sainsbury’s are to cut more than 3,000 jobs and the supermarket is planning to close their in-store cafes which is part of a major overhaul for the business. Sainsbury’s employs 148,000 people and around 20% of senior management positions will be cut as the supermarket will reduce larger roles and simplify their head office.
