FTSE 100 close: London ticks up on economic data, banking stocks pare losses October 24, 2023 London’s FTSE indices closed higher on Tuesday, paring losses from this morning as investors mulled key economic data and the state of the UK’s banking sector. The blue-chip FTSE 100 traded 0.2 per cent higher at 7,389.70, while the mid-cap FTSE 250 dropped 0.38 per cent to 16,994.10. Investors weighed S&P Global’s Purchasing Managers’ Index, [...]
Anglo American’s copper productions soar on its decarbonisation journey October 24, 2023 Report by Anglo American reveals a four per cent decrease in copper production in Chile and a more promising 43 per cent increase in Peru.
On the Beach calls for CMA to stop low cost carriers’ ‘aggressive tactics’ as long-running feud heats up October 24, 2023 A long-running feud between online travel groups and low-cost carriers is heating up, after On the Beach called on the CMA to step in.
Giffgaff hungry for more as it looks to extend portfolio and review prices October 24, 2023 Giffgaff, the mobile phone network operator, is looking to extend its portfolio and review contract prices as early next year, the chief executive has revealed.
Lyons’s tenure as Lord Mayor is a shining example of leadership at its best October 24, 2023 A year is a long time in the Square Mile. Extraordinarily, it is coming up to the end of the current Lord Mayor’s 12 months at the helm. Venture capital firms signing up to put their heft behind the Mansion House reforms, spearheaded by its incumbent Nicholas Lyons, is another success for a Lord Mayor [...]
The Notebook: Andy Silvester on the dearth of leadership at the BBC and Met Police October 24, 2023 Where the City’s movers and shakers get a few things off their chest. Today, it’s our editor Andy Silvester with the pen Strong leadership is needed to fix the Met and BBC’s vast failings Some time towards the end of the last millennium, I remember watching my football team – Wimbledon – being torn apart [...]
Delay to ban on no-fault evictions welcomed by landlords October 23, 2023 A delay to the long-promised ban on no-fault evictions has been welcomed by landlords despite warnings from housing campaigners over the “human cost”. Ministers have announced the long-awaited barring of section 21 notices will be put on ice until the UK’s court system is reformed, amid a record backlog of 65,000 Crown Court cases. Housing [...]
Historic London estate agent Chestertons snapped up by French real estate group October 23, 2023 London estate agent Chestertons has been bought by a French real estate and technology group, in the latest sign that deal making in the property sector is heating up. The near 200 year-old estate agent was bought by Emeria, which is owned by Swiss private equity and property group Partners Group. The firm is understood [...]
Best Advent calendars for Christmas, from Cult Beauty to Fortnum & Mason October 23, 2023 The best Christmas Advent calendars, from alcoholic to wellness and coffee themed
London office market battles red hot construction costs October 23, 2023 Glimmers of light are beginning to emerge for property developers in the City and the West End as demand for office leases climbs to its highest quarterly take-up so far this year, but rising construction costs are expected to hold back recovery. Figures from property consultancy Savills, showed that the number of leases secured in [...]