The capital’s markets are trying to recover now after billions was wiped from London’s top companies over growing fears of war between Russia and Ukraine.
But the latest could help this situation, with Russia's defence ministry announcing this morning some of their troops on the border with Ukraine are returning to their bases after completing their drills.
Closer to home, UK wage growth continued to lag behind the high cost of living between October and December. According to the Office for National Statistics (ONS) wages rose, but when taking inflation into account, pay showed a 0.8% fall from a year earlier. This comes as fuel prices hit a new record high this week, tightening the squeeze on UK consumers according to the AA.
But on a positive note, the the unemployment rate did falling to 4.1% and job vacancies hit a new record high.
OKYO Pharma has received US regulatory approval to take their dry eye disease candidate directly into a phase II trial.
Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF) (Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF), Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF), Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF)) said it intersected a significant gold zone at the Lakanfla Central prospect on the Lakanfla licence in western Mali.
Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF) (Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF), Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF)) said it has been given drilling permission to conduct geochemical testing of the brine at its Wilson Flat project in Nye County, Nevada.