The rush of interest from fund managers is driving metal prices to new highs

A wave of speculation by traders in futures markets has pushed the prices of metals such as copper and gold to record highs, as funds bet on coming supply shortages and try to hedge against inflation. Copper has risen 30 percent since early March and this week broke through $11,000 per tonne, its highest level … Read more

Airport not for sale, says Ben Houchen as ‘expression of interest’ confirmed

The mayor of Tees Valley has insisted that Teesside International Airport is not for sale after interest was expressed for almost half a shareholding. British businessman Michael Flacks said he is “involved” in talks with officials to acquire a 49 percent stake in Darlington’s public airport. Mr Flacks disputed a press release saying the plan … Read more