PAGE, RWA, STAF: Stocks in focus as unemployment dips to 48-year low

Highlights Ofgem has estimated the energy supplier that took on customers from rivals who when out of business will claim between £2.2 billion and £2.4 billion in compensation. Since last year, over 30 energy suppliers in the UK ha...

Highlights The Spring Statement by Chancellor Rishi Sunak announced the government’s support to Britons and businesses dealing with the cost-of-living crisis. Sunak has introduced to cut the 5% VAT on green home improvements to zero. ...

Highlights  Investment trusts which focus on energy storage are becoming increasingly popular among investors as green investing is gaining momentum. At present, the most popular technology which is used to store the energy generated from ...

Highlights The Royal Mint Limited plans to set up a new plant in South Wales to recover gold and other valuable metals from electronic waste. The Royal Mint will use the patented technology developed by the Canadian-based start-up Excir, which ...

Highlights The UK stock market reacted positively after the Bank of England raised borrowing costs to 0.75% from 0.5% to its pre-pandemic levels on Thursday. FTSE 100 rose 1.3% after the oil majors lifted the commodity-heavy index. The UK ...

Highlights  Rolls-Royce shares have been plunging lately due to the Russia-Ukraine war. The company has recently abandoned its operations in Russia. Rolls-Royce aircraft engines would also be used in the B-52 Stratofortress of the US Air F...

Highlights  BoE may raise the interest rate for the third consecutive time since the beginning of the Covid-19 pandemic. As wages are rising and the unemployment rate is falling, analysts are expecting the BoE can raise the rates further i...

Highlights  Ofgem is planning to cut down on its price cap implementation period with an aim to withstand the unpredictability in the wholesale markets. In February, there was an increase of over 50% in the yearly price cap due to soaring ...

The Russia-Ukraine war has led to a rise in the value of defence stocks worldwide. Since the crisis has begun, defence companies which include Babcock International (LON: BAB), BAE Systems (LON: BA.), and Qinetiq (LON: QQ), have gained value of wor...

Highlights The energy bills are set to increase manifold much faster than the salaries this year, according to a new research report. Various groups are urging the Boris Johnson government to come up with new measures to support households and ...