Boris Johnson has told nuclear industry bosses that the government wants the UK to get 25% of its electricity from nuclear power, in a move that would signal a significant shift in the country’s energy mix. Johnson on Monday met executives from major nuclear utilities and technology companies including the UK’s Rolls-Royce, France’s EDF, and the US’s Westinghouse and Bechtel to discuss ways of helping to speed up the development of new nuclear power stations.
The Chancellor will be facing a tough crowd when he delivers his Spring Statement what with inflation likely heading towards levels last seen in the 1990s and the ensuing cost-of-living crisis polinig the pressure on all segments of British society.
Lenders' and insurers' shares paced gains on Tuesday as a top US central bank official laid out the case for moving "faster" to hike short-term interest rates.
Wall Street closed higher on Tuesday as market participants digested comments from Federal Reserve chairman Jerome Powell regarding rate hikes.
European shares finished higher as investors digested hawkish comments from US Federal Reserve chairman Jerome Powell which proved a boon for lenders' shares.
London stocks managed a positive finish on Tuesday, underpinned by a strong showing among banking plays, after the latest government borrowing figures and manufacturing data was released earlier.
Telecom Plus was at the top of the list of buys on Tuesday, after it disclosed two transactions made by its non-executive director.
Shore Capital upgraded its stance on TP Icap on Tuesday to 'buy' from 'hold' on Tuesday following the company's results last week.
Mining royalty and streaming company Trident Royalties announced on Tuesday that it has received its inaugural shipment under the gold offtake agreement with i-80 Gold Corporation.
London’s FTSE 250 was 0. 6% firmer at 21,122. 13 in afternoon trade on Tuesday.
It's unlikely that Brussels will impose an immediate embargo on Russian oil, European Union officials said.
London’s FTSE 100 was up 0. 4% at 7,469. 29 in afternoon trade on Tuesday.
Analysts at Bank of America recommended clients remained overweight US financials, arguing that many investors were overlooking not just changes in historical trends for the sector but also multiple positives.
Wall Street stocks were in the green early on Tuesday as market participants digested comments from Federal Reserve chairman Jerome Powell regarding rate hikes.
Carnival was awash in red ink at the start of the year even as it charted a course back towards full operations by summer.
Radio frequency technology company MTI Wireless Edge announced the disposal of its Russian operations on Tuesday.
Wall Street futures were pointing to modest gains ahead of the bell on Tuesday as market participants digested comments from Federal Reserve chairman Jerome Powell regarding rate hikes.
Telematics and data insight provide Trakm8 Holdings has scored a contract to provide data and devices to Adiona Technologies for its insurance propositions.
Shore Capital upgraded its stance on TP Icap on Tuesday to ‘buy’ from ‘hold’ following the company’s results last week.
The Gambling Commission has slapped National Lottery operator Camelot Group with a £3. 15m fine as a result of a series of failures linked to its mobile app.
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