City A.M

Latest articles from City A.M

• Gold And Silver Inch Higher On Hopes That The Fed Will Slow Hikes

  Published 26 October 2022 | viewed 5,552 times

  Precious metals, including gold and silver, are rebounding amid growing expectations the Federal Reserve (the Fed) will ease its aggressive policy of hiking interest rates.…

• BlackRock Raises $4.5 Billion For Climate Fund Amid Fossil Fuel Criticism

  Published 26 October 2022 | viewed 1,939 times

  BlackRock said it had raised $4.5bn (£3.97bn) for a new climate infrastructure fund today as it looks to ramp up investment in the net zero…

• UK Faces “Deep Recession” As Inflation Hits 40-Year High

  Published 24 October 2022 | viewed 5,848 times

  The UK could be hurtling toward a “deep recession” caused by a mixture of political turmoil and soaring prices forcing the Bank of England to…

• Is Tighter Monetary Policy Really The Answer To Runaway Inflation?

  Published 22 October 2022 | viewed 3,367 times

  Global central banks have made an ‘all-in’ effort to front-load monetary policy tightening to dampen demand. But softer economic data in the eurozone and United…

• “Frankly Terrifying”: Energy Crisis Could Drag 26M Brits Into Fuel Poverty

  Published 21 October 2022 | viewed 6,645 times

  The axing of the energy price guarantee from April next year could lead to almost 11m UK households falling into fuel poverty, campaigners have warned,…

• Octopus Energy Announces 1.1 GW Renewable Venture In Italy

  Published 19 October 2022 | viewed 1,785 times

  Octopus Energy Generation has continued its expansion plans into Europe, deepening its role in Italy’s green power market. Its venture group, Octopus Energy Development Partnership…

• Rio Tinto Warns Commodity Boom Is Coming To An End As Downside Risks Emerge

  Published 18 October 2022 | viewed 14,601 times

  Iron ore demand will be weighed down by a global slowdown in commodity markets, driven by Covid-19 clampdowns in China and a looming recession across…

• Will Inflation Ever Drop Back To The 2% Mark?

  Published 16 October 2022 | viewed 9,188 times

  I travelled with my family to London and Normandy in July 2022. Our primary purpose was to meet up in France with my father-in-law, who…

• Hot Inflation Figures Could Spark 75-Point Interest Hike

  Published 13 October 2022 | viewed 3,352 times

  US inflation climbed higher than expected on a monthly basis in September in a sign the Federal Reserve’s series of steep rate hikes are failing…

• EU Eyes November Deal To Tackle Runaway Gas Prices

  Published 11 October 2022 | viewed 2,672 times

  The European Union (EU) will push for a November deal on more emergency measures to tackle ultra-high gas prices, officials confirmed, even though countries still…

• UK Energy Industry Body Upset Over Fracking’s Net-Zero Snub

  Published 10 October 2022 | viewed 3,408 times

  UK’s onshore energy body has slammed Tory MP Chris Skidmore’s reported omission of fracking from its net zero review, raising concerns over the consistency of…

• Shell Warns Weak Earnings From Gas Trading Could Impact Profits

  Published 07 October 2022 | viewed 4,182 times

  Shell warned that third-quarter profits would be dented after it weathered a sharp rise in refining costs and weaker earnings from natural gas trading. The…

• The UK Is Rushing To Ink Long-Term Gas Deals With Norway And Qatar

  Published 05 October 2022 | viewed 3,223 times

  Locking in long-term gas deals with Norway, Qatar and other countries around the world has become a priority for the new Liz Truss government, as…

• High Energy Prices Push UK Construction Industry To The Brink

  Published 04 October 2022 | viewed 4,768 times

  The number of UK construction companies at significant risk of closure has jumped 54 percent to 16,755 this quarter, up from 10,686, according to fresh…

• UK Blocks Russia From Purchasing Array Of Services From British Firms

  Published 04 October 2022 | viewed 3,639 times

  The UK has placed new sanctions on Russia, blocking its citizens and businesses from purchasing an array of services from British firms, over the Kremlin’s…

• Nuclear Worries Rise As Putin Declares Four Ukrainian Regions As Part Of Russia

  Published 30 September 2022 | viewed 3,820 times

  Russian President Vladimir Putin has declared four Ukrainian regions part of Russia, amid renewed warnings the Kremlin may use a strategic nuclear weapon. In a…

• EDF Plans To Extend Lifespan Of Two UK Nuclear Power Projects

  Published 29 September 2022 | viewed 2,208 times

  The Nuclear Industry Association (NIA) has welcomed EDF’s intention to extend the lifespan of two of its domestic nuclear power projects. Tom Greatrex, the chief…

• UK Food Inflation Swells To Highest Rate Ever Recorded

  Published 28 September 2022 | viewed 6,699 times

  Food inflation surged to its highest rate on record since the index started in 2005, according to freshly published data. According to the British Retail…

• UK Debt Rates Surge As Pound Plunges Against The Dollar

  Published 28 September 2022 | viewed 3,576 times

  Rates on UK debt surged higher today and the pound trailed the US dollar again driven by investors sweating over the government’s tax and borrowing…

• UK Regulator Demands Energy Firms Improve Support For Vulnerable Customers

  Published 27 September 2022 | viewed 1,117 times

  According to Ofgem, three UK energy firms have severe weaknesses in how they support customers in payment difficulties. The regulator has demanded Scottish Power, Tru…