Market report: Footsie falls and gold shines as inflationary risks rise

Susannah Streeter
  • FTSE 100 drops back in early trade amid a disappointing week.
  • S&P 500 breaks fresh ground but some wariness set to creep in.
  • Gold shines at fresh record levels at $2954 an ounce, amid inflationary and geopolitical risks.
  • UK government focusing on building an investment culture amid ongoing London exodus.
  • Shares in Lloyds rise despite setting aside £700 million in the motor finance saga.

Susannah Streeter, head of money and markets, Hargreaves Lansdown.

‘’The slide continues for...

https://allaboutshipping.co.uk/2025/02/20/market-report-footsie-falls-and-gold-shines-as-inflationary-risks-rise/

UK Expands CCS with Acorn and Viking Projects

Credit: kinsey-unsplash

The UK government has made significant strides in advancing its carbon capture and storage (CCS) initiatives with the inclusion of the Acorn and Viking projects in its ‘Track 2’ process. As part of the plan to establish two additional CCS clusters by 2030, the government aims to accelerate the nation’s efforts to combat climate change and reduce carbon emissions. Says the report from argusmedia.

  • Acorn and Viking projects added to the UK’s ‘Track 2’ process, moving closer...

https://mfame.guru/uk-expands-ccs-with-acorn-and-viking-projects/

UK government grants £3.8m for world’s first liquid hydrogen autonomous vessel and infrastructure project

The Hydrogen Innovation – Future Infrastructure & Vessel Evaluation and Demonstration (HI-FIVED) consortium led […]

The post UK government grants £3.8m for world’s first liquid hydrogen autonomous vessel and infrastructure project appeared first on Offshore Energy.

https://www.offshore-energy.biz/uk-government-grants-3-8m-for-worlds-first-liquid-hydrogen-autonomous-vessel-and-infrastructure-project/

Ship Blocking Suez Canal Costs UK Government £400,000

Credit: m-abnodey-unsplash
  • A recent news article published in the Inews states that UK Government forced to pay £400,000 in damages for ship that blocked Suez Canal.
  • The Ever Given was carrying more than £700m of products, including Nike shoes, Lenovo laptops and Ikea furniture but it is unclear what cargo the UK’s health ministry had aboard the ship.

A recent news article published in the I News states that UK Government forced to pay £400,000 in damages for ship that blocked Suez Canal.

£422,00...

https://mfame.guru/ship-blocking-suez-canal-costs-uk-government-400000/

United Kingdom funds UNCTAD for trade facilitation

The United Kingdom government will provide US$2.4 million (£1.8 million) to United Nations Conference on Trade and Development (UNCTAD) to help developing countries boost trade and recover from the Covid-19 pandemic.

UK minister for Asia and the Middle East, Amanda Milling, announced the funding on 4 March, which will extend the ongoing partnership of UNCTAD with the UK government that has supported over 25 countries to expedite the movement of goods and strengthen public-private collaboration,...

https://container-news.com/united-kingdom-funds-unctad-for-trade-facilitation/

UK unveils plans to reduce shipping emissions

The United Kindom’s (UK) Government Environmental Audit Committee (EAC) has launched plans to examine the reduction of greenhouse gas (GHG) emissions in the shipping sector to the minimum.

During the inquiry, the EAC will be considering a number of factors that could play a crucial role in decarbonisation, such as the commercialisation of new technologies, very low carbon fuels, reductions in demand and options to drive international action to lower global emissions from the shipping industry.

As...

https://container-news.com/uk-unveils-plans-to-reduce-shipping-emissions/

Rules for Travelling To Green, Amber And Red List Countries

British tourists can now travel to Spain without taking a Covid test on arrival, but from 31 May UK visitors to France must quarantine for seven days.

The UK government says you should not visit most countries unless there are “exceptional circumstances”, reports BBC.

What are the UK’s rules for foreign travel?

It is legal for people across the UK to take foreign holidays – although Welsh residents have been asked not to travel abroad.

On England’s traffic light list, foreign countries are...

https://mfame.guru/rules-for-travelling-to-green-amber-and-red-list-countries/