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St James’s Place posts record results and eyes future growth
Wealth management firm St James’s Place has announced record results for the latest financial year. The FTSE 100 company, which is headquartered in Cirencester in Gloucestershire but has offices around the UK, said funds under management reached an all-time high of £154bn in 2021. Its underlying cash result was £401.2m for the year, jumping from …
Business
Business Live
Northern Ireland investment conference planned to woo investors
The Department for the Economy is holding a one day investment conference in Belfast despite recent curbs on the support offered by investment agency Invest Northern Ireland. The Northern Ireland Showcase will hear from indigenous businesses and current investors about their experience of doing business in the province at an in-person event in the International …
Business
Sky News
UK flights banned from Russia in retaliation after British sanctions slapped on Aeroflot
UK flights to and over Russia have been banned by the country’s civil aviation authority in retaliation for a British ban on Aeroflot in UK airports and airspace.Rosaviatsiya said that all flights by UK carriers to Russia as well as transit flights are banned from Friday. It is acting, it said, in response to the …
Business
Sky News
Russian Grand Prix cancelled after country stripped of Champions League final
Formula One has cancelled the 2022 Russian Grand Prix and expressed ‘sadness and shock’ over the invasion of Ukraine.In a statement, the sport’s bosses said: “The FIA Formula One World Championship visits countries all over the world with a positive vision to unite people, bringing nations together. “We are watching the developments in Ukraine with …
Business
Sky News
Global markets claw back ground amid Ukraine invasion turmoil
Markets around the world have staged a tentative recovery after shares globally plummeted following Vladimir Putin’s invasion of Ukraine.Oil prices also rose again in response to supply concerns after the Kremlin launched its deadly assault, with the cost of Brent crude just shy of $102 (£76) a barrel, before falling back to below $99 (£74). …
Business
Sky News
Oil and gas costs ease and FTSE 100 recovers all Ukraine invasion losses
Oil and gas prices have fallen back while the FTSE 100 has recovered the value it lost during its worst day since June 2020, triggered by Russia’s invasion of Ukraine.The cost of Brent crude returned to levels before the Kremlin attack at $97 a barrel – down from a widely-traded high of $105bn on Thursday …
Business
Sky News
Rises in prices of bread, diamonds, gas: How will Russia’s invasion of Ukraine affect the UK?
Russia’s invasion of Ukraine will not only affect the eastern European nation but the UK will also feel repercussions.Boris Johnson said the invasion is a “catastrophe for our continent” after Russian tanks rolled into Ukraine on Thursday morning. The attacks may be in a country more than 1,000 miles away from the UK but the …
Business
Euro News
Ethereum’s Russian-born co-founder Vitalik Buterin slams Kremlin calling Ukraine invasion ‘a crime’
Business
Sky News
Why Putin’s war will mean higher inflation lasting for longer though recession should be avoided
Vladimir Putin’s decision to wage war on Ukraine threatens to turn what was an already uncomfortable inflationary situation into something far worse.The most obvious consequence of the war will be in the price of hydrocarbons. The invasion has already sent the price of a barrel of Brent crude to as much as $105.33 this morning …
Business
Sky News
Why Putin’s war will mean higher inflation lasting for longer
Vladimir Putin’s decision to wage war on Ukraine threatens to turn what was an already uncomfortable inflationary situation into something far worse.The most obvious consequence of the war will be in the price of hydrocarbons. The invasion has already sent the price of a barrel of Brent crude to as much as $105.33 this morning …
Business
Sky News
British Gas chief to give up £1.1m bonus as households face bill surge
The chief executive of British Gas parent firm Centrica has waived his bonus for last year, saying the award “didn’t feel right” as households grapple unprecedented increases to their energy bills.CEO Chris O’Shea said he had decided to give up the £1.1m bonus as the household supply business reported a 44% rise in annual operating …
Business
Business Live
St. Modwen submits application for 1,800 new homes at housing estate near Neath
The property developer for the Coed Darcy housing estate near Neath has submitted an application to Neath Port Talbot Council for outline planning permission to build 1,800 new homes. St. Modwen Developments registered the new planning application earlier this week, covering around 316 acres of the former 1000-acre BP oil refinery near Llandarcy. Aside from …

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