Oil and gas operators in the North Sea have been cautioned about the possibility of an overwhelming wave of industrial turmoil after workers voted in favour of a strike over
The stock prices of First Republic have plummeted following the collapse of Silicon Valley Bank.
First Republic Bank’s stock has experienced a 60% decline in pre-market trading as the US financial institution attempts to address concerns regarding its liquidity after the collapse of Silicon Valley
Workers employed offshore at Shell and Harbour Energy plan to go on strike over pay.
Unite, the trade union has confirmed that offshore workers in Apache, Shell, and Harbour Energy are preparing to strike imminently due to pay issues.
Windfall tax wipes out North Sea oil giant’s Harbour Energy £2bn profit
Harbour Energy, a major North Sea oil producer, has reported a significant decline in profits as it faced hefty windfall taxes.
Federal Reserve Chair Jerome Powell comments and Admiral are dragging down the markets
The FTSE 100 index experienced a decline, with Admiral leading the fall due to the motor insurer reducing its full-year dividend.
FTSE 100 reaches new record high as Centrica shares jump
The FTSE 100 achieved a new record high with the help of positive corporate earnings from Centrica and Standard Chartered, while higher commodity prices buoyed miners.
The FTSE 100 slips after poor Barclays results
Barclays’ fall in yearly profit caused shares to fall, resulting in the FTSE 100 edging lower. However, the index’s losses were partially offset by a drop in the pound, as
FTSE 100 closes at record high (again)
The FTSE 100 has ended the trading day on another record high, closing 1.42pc higher at 7,947.60 points.
The FTSE 100 hits record high for third time in a week
The FTSE 100 reached an all-time record, buoyed in part by a string of positive earnings and merger talks linked to Standard Chartered.
Harbour Energy North Sea producer refuses to drill new oil wells because of windfall tax
The largest North Sea oil producer in Britain is refusing to tender for new UK oil wells. It also reviewed its investments to respond to the Government’s tax raids on
JP Morgan: Record-breakingly low British stocks are a historic buying opportunity
JP Morgan said that investors have been given a huge buying opportunity following the collapse of British stocks to “near-record cheap” levels after years of turmoil over Brexit and Covid.