‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Marshalls: Can struggling landscaping giant exceed ‘fairly low’ expectations? August 13, 2023 Investors will turn their focus to building products supplier Marshalls interim results on 16 August to see if the business has picked up any momentum amid a growing slump in the UK house building market. The group, which is headquartered in West Yorkshire, has shown signs of struggling in recent months and announced in July [...]
Soho House: Waiting list for celebrity haunt at ‘all-time high’ with 95,000 in line August 11, 2023 The wait list to secure a place at private members club Soho House has risen to “all-time high” with approximately 95,000 deep-pocketed individuals eager to secure a place at the spot globally. Soho House & Co Inc. the business behind the luxury hub, revealed its growing demand as part of its second quarter results – [...]
Bitcoin anchored in calm waters, but crypto’s fickle waves always loom on the horizon August 11, 2023 Bitcoin maintained its course of flat, sideways movement this morning, tacking between $29,300 and $29,000 as it has for much of the week.
Tesco to swap cheaper product lines into convenience shops August 11, 2023 Tesco is to swap cheaper product lines into its convenience stores as shoppers battle the rising cost of living. It revealed that more than 50 everyday products in its smaller Express shops will be replaced by better priced alternatives, many from its own-brand range. The move comes as German discounter rivals Aldi and Lidl have [...]
EP: 221 Ascot – Shergar Cup Day August 11, 2023 Saturday is Shergar Cup Day at Ascot where 4 teams of jockeys from all over the world compete to become both team and individual champions. Each of the 6 races has a maximum field of ten runners in this unique competition, with leading jockeys from Hong Kong, Japan, & France taking on the British based [...]
Mortgage and rent payments ‘difficult’ for almost 40 per cent of Brits August 11, 2023 Some 38 per cent of Brits have confessed to finding it difficult to afford their rent or mortgage payments over the past month, as the cost of living crisis continues to wreak havoc on the public’s personal finances. This figure was around 29 per cent in early August 2022, new figures from the ONS show, [...]
Versace owner Capri snapped up by Coach’s Tapestry in £6.6bn mega-deal to challenge LVMH August 11, 2023 Tapestry, the American fashion giant behind luxury brands such as Coach and Kate Spade, has agreed to buy Capri the owners of designer Versace in a $8.5bn (£6.6bn) deal. The merger will form a larger fashion conglomerate which will rival the likes of LVMH, the multibillion pound business behind designers such as Louis Vuitton and [...]
‘Meet Wuxi in London: New Development, New Cooperation’ Investment Briefing and Exchange Conference Held August 11, 2023 | Sponsored The Wuxi (London) Investment Promotion Conference took place in London on the 9th, where representatives from various sectors in China and the UK gathered to discuss cooperative opportunities and witness the signing of multiple significant projects. Concurrently, the exhibition themed “Encounter Wuxi” was inaugurated in London, running for a duration of five days. In her [...]
Heathrow Airport: Damp July weather sends 7.6 million Brits jet-setting in search of sun August 11, 2023 Some 7.6 million jet-setters flocked to Heathrow Airport in July as damp weather sent Brits searching for summer sun. New figures from London’s biggest airport shows that while they still remain below pre-pandemic levels, demand for international travel is picking up. Over 73,000 passengers flew to Turkey in July, the busiest month ever for the [...]
Car insurance premiums hit highest levels since records began August 11, 2023 Motor insurance premiums have soared to their highest levels since records began, according to research from the Association of British Insurers (ABI). Over the last year, the average price paid for car insurance rose 21 per cent to £511, the highest since the ABI began collecting data in 2012. The ABI said that “sustained cost [...]