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City

BP and Shell to face pressure as profits set to soar

London’s biggest oil companies will face an odd dilemma next week as they present what is likely to be their best set of results for years while facing calls to cough up more in tax. The businesses are predicted to report a combined 13 billion ...

29 Apr 2022 at 16:25

Shares drop as burning Ukrainian nuclear plant spooks traders across Europe

European markets on Friday reacted with horror to the fire at Europe’s largest nuclear power plant amid shelling by Russia in the area. Although the situation is reportedly under control, stock indexes were down across the continent, with ...

04 Mar 2022 at 11:55

City

Bigger interest rate hike expected from Bank of England decision makers

The Bank of England could speed up its reaction to runaway inflation figures next week as key decision makers sit down to set interest rates. Analysts and the market are broadly expecting the Bank’s Monetary Policy Committee (MPC) to add ...

29 Jul 2022 at 16:13

City

Warning over 15% inflation as rates set for fastest rise in nearly 30 years

The Bank of England is widely expected to hike rates by the highest level in nearly three decades on Thursday after experts warned that inflation could peak at 15%. Decision makers on the Bank’s Monetary Policy Committee (MPC) will ...

03 Aug 2022 at 14:18

City

Guinness in focus as Diageo reveals latest trading

Diageo is set to reveal how Guinness and its major spirit brands performed over the key Christmas period, after ruling out speculation it could sell the Irish stout brand. The London-based, drinks giant is expected to reveal ...

31 Jan 2025 at 16:01

City

BP to be shot into spotlight with expected bumper profits set to be revealed

The size of the pile of cash that BP made last year will be made bare on Tuesday, opening the company up to the same criticism that hit its rival Shell this week. Boss Bernard Looney is expected to reveal what could be the ...

03 Feb 2023 at 16:18

City

BP to be shot into spotlight with expected bumper profits set to be revealed

05 Feb 2023 at 09:00

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