London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Asda cuts jobs and demands three-days-a-week return to office November 6, 2024 Asda has announced job cuts and asked its staff to return to the office three days a week in the latest move in its turnaround plan. In an internal email on 5 November, the grocer said it was changing its office attendance policy at its George House site in Leicester as well as its Asda [...]
Analysis: What does Trump’s victory mean for the UK? November 6, 2024 Donald Trump’s political resurgence poses important questions for the UK and the wider world. After securing the requisite 270 electoral college votes, Trump is on course to return to the White House as the 47th President of the United States, in January. And from his dealings with global leaders, the UK-US special relationship, to military [...]
YouGov: Recent acquisition boosts revenue November 6, 2024 YouGov has reported strong full year revenue, slightly north of guidance, due to better-than-expected performance from its recently acquired Consumer Panel Services (CPS) arm. As expected, revenue reached £335.3m in the year ended July 2024, up by 30 per cent year on year and outpacing guidance put forward in August, due to bumper research activity [...]
Housebuilding woes ahead of Budget weigh on construction activity November 6, 2024 Having reached a 29-month high in September, S&P's construction purchasing managers' index (PMI) "slowed considerably" last month.
FCA approves £10m acquisition of Musicmagpie by AO World November 6, 2024 The UK’s financial watchdog has approved the acquisition of Musicmagpie by AO World for £10m. First announced in October, the deal will see the electrical retailer acquire Musicmagpie for 9.1p per share, a fraction of its market capitalisation at IPO in 2021. It floated with a share price of 193p. Bolton-headquartered AO sells white goods [...]
FTSE 100 falls back as traders digest Trump presidency November 6, 2024 The FTSE 100 pared its gains and sterling tumbled on Wednesday as traders digested how Donald Trump's presidency will impact the global economy and the UK.
Braemar Shipping hikes dividend as profit set to double November 6, 2024 Shares in Braemar Shipping rose this morning after the shipping consultant hiked dividends and said it was on track to meet a previously stated objective of doubling full-year profit from 2021. Investors in the London-listed firm can expect an interim dividend of 4.5p per share, a 13 per cent increase year-on-year. It came as operating [...]
Keir Starmer congratulates Trump on ‘historic election victory’ November 6, 2024 Prime Minister Keir Starmer has congratulated Donald Trump on an “historic election victory” as the former president prepares for a return to the White House. In a post on X, Starmer said that “I look forward to working with you in the years ahead”. “As the closest of allies, we stand shoulder to shoulder in [...]
Lancashire Holdings shares surge to the top of the FTSE 250 after special dividend announced November 6, 2024 Lloyd’s of London insurer Lancashire Holdings has announced another special dividend in its results for the three months to 30 September. Shares in the company jumped 9.2 per cent in early deals to the top of the FTSE 250 after the results were published. The company reported a nine per cent jump in gross written [...]
Persimmon on track to deliver 10,500 homes as house prices hold firm November 6, 2024 Persimmon's performance has been propped up by improved customer sentiment as interest rates began to reduce and affordability improved.