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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

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FIVE at FIVE: Throwback to the 70s, a windfall tax on clean power and BA owner faces backlash…

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Is history repeating itself?

Mirroring, perhaps, Britain’s confrontational political set-up (the first past the post electoral system, the “you on your side, us on ours” layout of the House of Commons), industrial relations in Britain have more commonly been about tests of strength: “management’s right to manage” versus “a fair day’s pay for a fair day’s work”.

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2. Windfall tax may finally be here, but not for oil & gas giants

Treasury officials have been asked to work out plans for a windfall tax on more than £10bn of excess profits to all electricity generators, including clean energy companies such as wind farm operators, according to a report

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3. Chariot hails pre-feasibility study

The project aims to install up to 10 gigawatts (GW) of electrolysis, making it one of the largest green hydrogen projects globally by 2030, the two parties said.

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4. FTSE 100 back below 7,500 again

The UK blue-chip index closed 29.09 points, or 0.4% lower at 7,484.35, midway between the session peak of 7,529.65 and the day's low of 7,434.46.

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5. IAG faces investor backlash over CEO pay

A significant revolt at IAG’s annual meeting in June is expected, Sky News reported, with chief executive Luis Gallego's large share awards the main cause of investors' ire.

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Let's take a look at some of tomorrow's news

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK