London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Travis Scott and Beyoncé help Sony Music hit high note November 8, 2024 Sony’s music division hit a high note in its second quarter to the end of 30 September as the company reported growth across recorded music, publishing and streaming. The segment reported a 10 per cent rise in revenue to 448bn yen (£2.3bn), along with 12 per cent growth in operating income to 90bn yen (£455m). [...]
IAG shares surge as British Airways owner launches new buyback November 8, 2024 IAG shares jumped 7.5 per cent in early deals this morning after the British Airways owner unveiled its third-quarter results for the three months to 30 September today. The company reported an increase in total revenue for the period of 7.9 per cent and an increasing operating profit of 15.4 per cent to adjust over [...]
Vistry shares plunge as cost overruns lead to profit warning November 8, 2024 Vistry shares plunged by 13 per cent in early deals this morning after the company published the true extent of issues at its South Division. Vistry shares plunged last month after it flagged a profit hit from costs being understated in its South division. It’s now revealed the true extent of the losses. In a [...]
Baby formula price cap could be considered by ministers, regulator says November 8, 2024 The government could consider introducing a price cap on baby formula with the aim of cutting costs for parents, the Competition and Markets Authority (CMA) has said. Parents are left “paying over the odds” for formula milk due to concerns around regulation in the market, the watchdog has said in an interim report into the [...]
Rightmove predicts positive property market in 2025 November 8, 2024 Rightmove has said it sees a “positive outlook” for the property market next year as it updated its forecasts for the whole of 2024. The FTSE 100 company has upped its 2024 revenue guidance to around £390m, reflecting seven to nine per cent growth and in line with previous market expectations. Rightmove now expects average [...]
Budget tax rises will ‘dampen hiring’ as jobs market remains muted November 8, 2024 The latest report on jobs from KPMG and the Recruitment and Employment Confederation (REC) showed that the number of staff appointments in October fell to its lowest level since March.
Shawbrook’s loan and deposit books top £15bn for the first time November 8, 2024 Shawbrook Bank said its loan and deposit books had topped £15bn for the first time after demand for lending jumped through the opening nine months of the year. In a trading update on the first three-quarters today, the retail lender said its loan book grew by 18 per cent on an annualised basis to £15.1bn, [...]
Serco: FTSE 250 firm predicts £20m hit from Budget tax changes November 8, 2024 British outsourcing giant Serco stressed the tax changes in the UK following the Budget will increase cost by £20m per year
Pizza Pilgrims’ co-founder on creating the perfect base for strong growth November 8, 2024 Pizza Pilgrim's co-founder Thom Elliot has hospitality in his veins. In just over a decade, he and his brother James have gone from growing up above a pub in Cornwall to opening their 25th pizzeria this November.
A heartfelt thank you to Lady Mayoress Elisabeth Mainelli November 8, 2024 As the City of London prepares for the Lord Mayor’s Show on Saturday, marking the transition to a new mayoral year, we would like to thank the outgoing Lord Mayor Michael Mainelli and his wife, Lady Mayoress Elisabeth Mainelli, for their significant contribution to making our City safer. The Prevent Violence against Women and Girls [...]