BUSINESS LIVE: British investor quits Evraz board; Oil nears $120

UK stocks are trading lower this morning, with the FTSE 100 on track for its worst weekly performance in over a year as escalating Russia-Ukraine crisis kept investors on the edge.

The blue-chip index is down 1 per cent after reports of a fire near Ukraine's Zaporizhzhia nuclear power plant, the largest of its kind in Europe, following fighting with Russian forces sent investors scrambling for safety. However, losses on the commodity-heavy index are smaller than European peers as stronger metal prices cushioned the impact on the benchmark index.08:33, surging bills and domestic and global economic headwinds will 'put the brakes' on rampaging property price growth in Britain this year, according to Zoopla.

By December, Zoopla expects property price growth in Britain to have fallen to 3.5 per cent, down from 7.8 per cent last month.

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Institute of Directors calls on Britons to quit Russian boardsLobby group says Ukraine war makes it ‘untenable’ for directors to be involved in Belarusian firms as well
Source: The Guardian - 🏆 84. / 53 Read more »

Shares tumble after attack on Ukraine nuclear plant – business liveIEA head says he is ‘deeply concerned’ about the situation, as commodity prices continue to surge
Source: The Guardian - 🏆 84. / 53 Read more »

Social housing: Man told 'no point' in applying as demand surgesRodney Jackson has been homeless for 18 months and wants to live near his children on the north coast.
Source: BBCNews - 🏆 3. / 97 Read more »

Former king Juan Carlos may return to Spain after inquiries droppedRoyal left to live in Abu Dhabi in 2020 following allegations over business dealings relating to Saudi Arabia I wonder how the Spanish feel about that?
Source: The Guardian - 🏆 84. / 53 Read more »

Slipknot’s Corey Taylor ‘ran through streets naked’ amid alcoholismSlipknot rocker Corey Taylor has revealed his sober life couldn’t be more different to his heyday, which included running through the street naked at the height of his drinking.
Source: MetroUK - 🏆 13. / 82 Read more »

'Immediate cessation' Oil prices surge to $113 a barrel as Russia’s Lukoil oil break ranksOIL PRICES have surged to a high of $111 a barrel as Russia's second-largest oil company broke ranks and called for an end to the country's invasion of Ukraine We need a no-fly zone!!!!
Source: Daily Express - 🏆 26. / 68 Read more »