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FTSE ends the week on a brighter note

After a mid-week rally for stocks, Thursday’s session saw a bucket of cold water poured over markets in Europe, Asia and the US. The war rumbled on, new inflation figures… The post FTSE ends the week on a brighter note appeared first on London Business News | Londonlovesbusiness.com.

Asset finance market grew by 11% in January 2022

New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew in January 2022 by 11% compared… The post Asset finance market grew by 11% in January 2022 appeared first on London Business News | Londonlovesbusiness.com.

Brands Unite to display solidarity with Ukraine

While the world watches in horror at Putin’s attempts to subjugate the Ukrainian people, from Friday 11th March brands are rallying together to display their support for Ukraine and push for peace.… The post Brands Unite to display solidarity with Ukraine appeared first on London Business News | Londonlovesbusiness.com.

Consumer confidence helps GDP bounce back in January

GDP bounced back by 0.8% in January after December’s Omicron-induced fall. Consumers stampeded back to bars, restaurants and shops as restrictions lifted while supply chain issues eased for a booming construction… The post Consumer confidence helps GDP bounce back in January appeared first on London Business News | Londonlovesbusiness.com.

Evraz shares tank 30% after Roman Abramovich hit with UK sanctions

Shares in the Russian steelmaker Evraz have been suspended, after the company’s biggest shareholder and Russian billionaire Roman Abramovich was sanctioned by the UK. The shares fell sharply on the… The post Evraz shares tank 30% after Roman Abramovich hit with UK sanctions appeared first on London Business News | Londonlovesbusiness.com.

IMF approves $1.4bn emergency funding for Ukraine

The International Monetary Fund’s executive board has approved $1.4bn in emergency financing for Ukraine, and predicted a “deep recession” in Ukraine this year. In a statement, it expressed its “strong support… The post IMF approves $1.4bn emergency funding for Ukraine appeared first on London Business News | Londonlovesbusiness.com.

Are we hurtling towards a global recession?

In an inspirational and moving speech to UK MPs yesterday, Ukrainian President Volodymyr Zelensky invoked Shakespeare by asking: “To be or not to be? Now I can give you a definitive… The post Are we hurtling towards a global recession? appeared first on London Business News | Londonlovesbusiness.com.

Slimmed down Prudential impresses investors

Like a slimming club member celebrating reaching their goals, newly streamlined Prudential has marked its first set of numbers since offloading both its UK and US businesses by beating expectations. While the… The post Slimmed down Prudential impresses investors appeared first on London Business News | Londonlovesbusiness.com.

M&A intensified prior to Ukraine conflict

Peel Hunt, the investment bank, has released new analysis showing that there were clear signs of intensifying M&A activity in the small and mid-cap part of the UK market prior to the break out… The post M&A intensified prior to Ukraine conflict appeared first on London Business News | Londonlovesbusiness.com.

Commodity prices soar, more directors leave the boards of London-listed Russian companies

“After a week of businesses around the world cutting ties with Russia in protest at its invasion of Ukraine, the market is now taking a serious look at what would… The post Commodity prices soar, more directors leave the boards of London-listed Russian companies appeared first on London Business News | Londonlovesbusiness.com.

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