Following the first European Central Bank (ECB) meeting of 2021, the institution announced that it will be sticking to its current key rates and the scale of its Pandemic Emergency Purchase Programme (PEPP) for the foreseeable future, as the European economy continues to grapple with the impact of the Covid-19 pandemic. In what The Telegraph […]

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Following Boris Johnson and Ursula von der Leyen’s UK-EU trade talks on Sunday, the pound has risen nearly one and a half cents against the US dollar at $1.336 and nearly one eurocent at €1.1. As trade talks continue, there is relief that a deal could be in the progress od being made over the […]

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The FTSE 100 was lower this morning as markets remain subdued amid Brexit concerns. The blue-chip index was down 16 points or 0.25% at 6539 at the start of trading, dragged down by the top fallers Intercontinental Hotels is the top faller and HSBC. The FTSE 250 was down 0.1%. After slumping 0.2% at the start of […]

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This year has seen the rise of hydrogen fuel cell backers such as Nikola Corp and Plug Power, and recent entries from forward-thinking blue chips like Hyundai. In fact, the latter is committed enough that in October, it announced that it would use around 70,000 ounces of platinum per year in its fuel cell stacks […]

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Swedish fashion tycoon Hennes & Mauritz AB (STO:HM-B) – popularly known as H&M – has announced its plans to permanently close 170 stores across Europe, knocking its share price down 1.40%. The move is said to be a response to plummeting sales during the coronavirus crisis, which caused the retail sector to grind to a […]

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Tesco PLC (LON: TSCO) announced on Thursday the sale of its business in Poland to Salling Group A/S, Denmark’s largest retailer, in a move intended to capitalise on Tesco’s stronger market position and good growth prospects in Central Europe. Back in early March, Tesco also announced the sale of its Thai and Malaysian business unit, […]

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Coca Cola European partners PLC (LON:CCEP) have told the market that they are anticipating that the coronavirus could hurt their earnings forecast for 2020. The bottling subsidiary of Coca Cola said that they have already installed measures to limit the current outbreak of COVID-19, however the uncertainty with regards to the scale and time frame […]

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Former Prime Minister Sir John Major has argued that there is a legitimate basis for a secondary referendum, to ensure that those who voted to remain are fairly represented. During a private dinner, the former Conservative leader argued that the government should not impose its negotiations on the people without further consultation. “I hear the […]

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The weakening of the pound has led to a “significant surge” in individuals seeking advice on how to re-locate their pensions out of the UK, according to the boss of one of the world’s largest independent financial advisory firms. The trend has grown in the four months since the UK voted to leave the EU. […]

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