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Financial Times - Nov 30

Nov 30 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - BoE not briefed on 'mini-Budget' ahead of announcement, says Bailey - UK ready to relax ringfencing rules on some banks - Ambulance workers vote to strike in England - UK government to pay Chinese group 100 million pounds to exit Sizewell C - Centrica says Bulb sale risks 'future stability' of UK energy market Overview - British Tr
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Britain targets energy efficiency with consumption cut goal

By Sarah Young LONDON, Nov 17 (Reuters) - Finance minister Jeremy Hunt said he wanted Britain to cut its energy usage by 15% by 2030 to help reduce bills, catching up with European neighbours which are already prioritising measures to counter spiralling prices. Countries across Europe are facing an energy crisis after Russia's war in Ukraine caused prices to rise.
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UK's Hunt says average household energy bill to rise, keeps cap

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said the cost of an average household energy bill would rise to 3,000 pounds ($3,555) a year from April after he reined in the scale of support for gas and electricity, but kept a price cap until 2024. Hunt had said in October the government could no longer deliver a two-year energy support scheme for households that had been promised by previous leader Liz Truss which would have kept annual bills at around 2,500 pounds.
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UK's Hunt says average household energy bill to rise, keeps cap

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said the cost of an average household energy bill would rise to 3,000 pounds ($3,554.70) a year from April after he reined in his predecessor's vast support package for gas and electricity bills. "From April, we will continue the Energy Price Guarantee for a further 12 months at a higher level of 3,000 pounds per year for the average household," Hunt told parliament on Thursday.
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Britain's Hunt sets out plans to reduce energy consumption by 15% by 2030

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt on Thursday said he wanted the country to become more energy efficient, outlining a new goal to reduce energy consumption by 15% over the next eight years to save money. "By 2030, we want to reduce energy consumption from buildings and industry by 15%," Hunt said. "Reducing demand by this much means, in today’s prices, a 28 billion pound saving from our national energy bill or 450 pounds off the average household bill." The govern
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UK hits power firms with windfall tax, hikes oil company levy

* Windfall tax on oil and gas companies rises to 35% * Power generators to face 45% levy from Jan. 1 By Susanna Twidale and Ron Bousso LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt on Thursday unveiled plans to increase a windfall tax on oil and gas companies and extend it to power generation firms in an effort to raise tens of billions of pounds to plug a major hole in public finances.
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UK's Hunt increases energy windfall tax

LONDON, Nov 17 (Reuters) - British finance minister Jeremy Hunt said on Thursday the government would increase a windfall tax on oil and gas firms and extend it to power generation firms as he seeks to raise money to plug a hole in the public finances. Hunt said the levy would be increased to 35% from its current rate of 25%. It would also apply to electricity generators with a levy of 45% being applied from Jan.
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British Business - Nov 11

Nov 11 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Kwasi Kwarteng has blamed Liz Truss for going too far and too fast with her radical economic reforms and says he warned her it would lead to her downfall. The British Gas owner Centrica Plc CNA.L is to reward investors by buying back 250 million pounds ($292.40 million)worth of its own shares after high energy pr
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UK stocks notch two-month highs as U.S. inflation cools

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * AstraZeneca jumps on raising earnings forecast * Centrica to buy back up to 5% of shares * U.S. October inflation up less than expected * FTSE 100 up 1.1%, FTSE 250 gains 3.9% By Johann M Cherian and Sruthi Shankar Nov 10 (Reuters) - The UK's main stock indexes closed at near two-month highs on Thursday, joining a global rally sparked by cooling U.S.
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UK to extend windfall taxes on energy firms - The Times

Nov 2 (Reuters) - British Prime Minister Rishi Sunak and finance minister Jeremy Hunt are planning to extend windfall taxes on oil and gas companies to raise nearly 40 billion pounds ($45.55 billion) over the five years, The Times reported on Wednesday. Sunak and Hunt want to maximise revenues from the windfall tax, by increasing the rate from 25% to 30% and extending it until 2028, the newspaper said, adding the scheme will be expanded to cover electricity generators.
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Britain to open $44 bln support scheme for power firms on Oct. 17

LONDON, Sept 23 (Reuters) - Britain's finance ministry and the Bank of England will on Oct. 17 open a 40 billion pound ($44.17 billion) scheme to help protect energy firms from volatile prices and ensure they are not hit by a liquidity squeeze, the Treasury said on Friday. Energy suppliers across Europe have struggled in the face of record-high wholesale power and gas prices following Russia's invasion of Ukraine, leading governments to step in to make sure they do not collapse.
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How margin calls came to threaten Europe's energy firms

By Vera Eckert and Nora Buli FRANKFURT, Sept 16 (Reuters) - Soaring power and gas prices have rocked energy companies across Europe, forcing utilities and traders to secure extra funds from governments and banks to cover margin call requirements. Below is an outline of how they got to this point: EMERGING RISK? Europe has thousands of energy firms operating in a liberalised power and gas market intended to provide guaranteed competitive prices.
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UK Stocks-Factors to watch on Sept 12

Sept 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher with futures FFIc1 up 0.11% on Monday * ENTAIN: The Australian financial crimes regulator said it opened an investigation into British sports betting giant Entain Plc ENT.L to assess whether it was complying with anti-money laundering and counter-terrorism financing laws. * SERCO: British outsourcing company Serco Group Plc SRP.L said CEO Rupert Soames will step down from the role by the end of December and be succeeded by
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UK Stocks-Factors to watch on Sept 12

Sept 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher with futures FFIc1 up 0.18% on Monday * ENTAIN: The Australian financial crimes regulator said it would investigate a unit of British betting group Entain ENT.L to assess whether it is in compliance with the country's anti-money laundering and counter-terrorism financing laws. * CENTRICA: Britain's largest energy supplier Centrica CNA.L is planning to voluntarily cap profits in an effort to cut household bills.
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UK announces $46 bln support plan for power firms

(Updates throughout) LONDON, Sept 8 (Reuters) - Britain's finance ministry and the Bank of England will launch a 40 billion pound ($46 billion) scheme to ensure energy firms are not hit by a liquidity squeeze amid volatile markets, new Prime Minister Liz Truss said on Thursday. "I'm announcing today that with the Bank of England, we will set up a new scheme worth up to 40 billion (pounds) to ensure that firms operating in the wholesale energy markets have the liquidity they need to manage price
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UK weighs huge support package as Europe battles energy crisis

* UK to freeze energy bills for this winter and next - BBC * $1.5 tln plus in margin calls seen in Europe ex UK-Equinor * Finland's Fortum gets 2.35 bln euro bridging loan * Switzerland's Axpo gets credit line of up to 4 bln Sfr * Centrica in talks with banks over extra credit - FT By Essi Lehto and Michael Shields HELSINKI/ZURICH, Sept 6 (Reuters) - - Britain's new prime minister was working on what looks set to be Europe's biggest energy crisis support package so far as countries scramble to p
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UK Stocks-Factors to watch on Sept 6

Sept 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower, with futures FFIc1 down 0.26% on Tuesday. * RIO TINTO: The chief executive of global mining firm Rio Tinto RIO.L has met with top executives at the new Chinese state-owned agency created with an aim of centralising the country's iron ore purchases. *BERKELEY: British high-end housebuilder Berkeley Group Holdings BKGH.L said underlying sales in the first four months until August were ahead of year-ago numbers, as robust dema
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UK Stocks-Factors to watch on Sept 6

Sept 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower, with futures FFIc1 down 0.2% on Tuesday. * HSBC: HSBC HSBA.L , its online arm First Direct, and Metro Bank MTRO.L have joined a fraud-reporting hotline as the cost of living crisis increases the number of financial scams, an industry body said on Tuesday. * RETAIL: British shoppers are cutting back on purchases of clothes and other non-essential items as they try to cover their sky-rocketing utility bills and higher food pr
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Financial Times - Sept 6

Sept 6 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines VW confirms plan to list Porsche sports-car brand Link EY bosses near decision to proceed with audit and consulting split Link Centrica seeks billions in additional financing as collateral demands soar Link Illumina to challenge Brussels over any block on Grail merger Link Overview Volkswagen VOWG_p.DE will float a portion of its pri
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British Business - August 16

Aug 16 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Heathrow airport will extend its cap on passenger numbers for another six weeks as the aviation sector continues to struggle to cope with demand. Link The Guardian Two of the UK's biggest energy suppliers, Centrica CNA.L and Octopus Energy have thrown their weight behind a plan being debated in the industry to de
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شرائط

مشہور اثاثے

دستبرداری: XM Group کے ادارے ہماری آن لائن تجارت کی سہولت تک صرف عملدرآمد کی خدمت اور رسائی مہیا کرتے ہیں، کسی شخص کو ویب سائٹ پر یا اس کے ذریعے دستیاب کانٹینٹ کو دیکھنے اور/یا استعمال کرنے کی اجازت دیتا ہے، اس پر تبدیل یا توسیع کا ارادہ نہیں ہے ، اور نہ ہی یہ تبدیل ہوتا ہے یا اس پر وسعت کریں۔ اس طرح کی رسائی اور استعمال ہمیشہ مشروط ہوتا ہے: (i) شرائط و ضوابط؛ (ii) خطرہ انتباہات؛ اور (iii) مکمل دستبرداری۔ لہذا اس طرح کے مواد کو عام معلومات سے زیادہ کے طور پر فراہم کیا جاتا ہے۔ خاص طور پر، براہ کرم آگاہ رہیں کہ ہماری آن لائن تجارت کی سہولت کے مندرجات نہ تو کوئی درخواست ہے، اور نہ ہی فنانشل مارکیٹ میں کوئی لین دین داخل کرنے کی پیش کش ہے۔ کسی بھی فنانشل مارکیٹ میں تجارت میں آپ کے سرمائے کے لئے ایک خاص سطح کا خطرہ ہوتا ہے۔

ہماری آن لائن تجارتی سہولت پر شائع ہونے والے تمام مٹیریل کا مقصد صرف تعلیمی/معلوماتی مقاصد کے لئے ہے، اور اس میں شامل نہیں ہے — اور نہ ہی اسے فنانشل، سرمایہ کاری ٹیکس یا تجارتی مشورے اور سفارشات؛ یا ہماری تجارتی قیمتوں کا ریکارڈ؛ یا کسی بھی فنانشل انسٹرومنٹ میں لین دین کی پیشکش؛ یا اسکے لئے مانگ؛ یا غیر متنازعہ مالی تشہیرات پر مشتمل سمجھا جانا چاہئے۔

کوئی تھرڈ پارٹی کانٹینٹ، نیز XM کے ذریعہ تیار کردہ کانٹینٹ، جیسے: راۓ، خبریں، تحقیق، تجزیہ، قیمتیں اور دیگر معلومات یا اس ویب سائٹ پر مشتمل تھرڈ پارٹی کے سائٹس کے لنکس کو "جیسے ہے" کی بنیاد پر فراہم کیا جاتا ہے، عام مارکیٹ کی تفسیر کے طور پر، اور سرمایہ کاری کے مشورے کو تشکیل نہ دیں۔ اس حد تک کہ کسی بھی کانٹینٹ کو سرمایہ کاری کی تحقیقات کے طور پر سمجھا جاتا ہے، آپ کو نوٹ کرنا اور قبول کرنا ہوگا کہ یہ کانٹینٹ سرمایہ کاری کی تحقیق کی آزادی کو فروغ دینے کے لئے ڈیزائن کردہ قانونی تقاضوں کے مطابق نہیں ہے اور تیار نہیں کیا گیا ہے، اسی طرح، اس پر غور کیا جائے گا بطور متعلقہ قوانین اور ضوابط کے تحت مارکیٹنگ مواصلات۔ براہ کرم یقینی بنائیں کہ آپ غیر آزاد سرمایہ کاری سے متعلق ہماری اطلاع کو پڑھ اور سمجھ چکے ہیں۔ مذکورہ بالا معلومات کے بارے میں تحقیق اور رسک وارننگ ، جس تک رسائی یہاں حاصل کی جا سکتی ہے۔

ہم کوکیز کا استعمال آپکو ہماری ویب سائٹ پر بہتریں تجربہ دینے کیلیے کرتے ہیں۔ مزید پڑھیے یا اپنی کوکی سیٹنگ تبدیل کیجیے۔

خطرے کی انتباہ: آپکا سرمایہ خطرے پر ہے۔ ہو سکتا ہے کہ لیورج پروڈکٹ سب کیلیے موزوں نہ ہوں۔ براہ کرم ہمارے مکمل رسک ڈسکلوژر کو پڑھیے۔