City regulator should force lenders to be more transparent on SME ‘debanking’, MPs urge May 8, 2024 An influential group of MPs has urged the City watchdog to force banks to be more transparent on why they "debank" businesses amid criticism that regulators and lenders are hamstringing growth and innovation among small firms.
Hospitality sector shows ‘cautious confidence’ as rate of closures slows May 8, 2024 Venue closures in Britain have slowed this year thanks to a "modest revival" in independent restaurants and dining, a new report has revealed.
Should investors sell in May and go away? May 8, 2024 "Sell in May and go away, don’t come back until St Leger’s Day" is an often quoted adage, but does it actually work?
The UK needs to build a British data library to become an AI leader May 8, 2024 Politicians should back calls to develop a British data library if they want to see the UK give birth to the next crop of world-leading AI firms, Jess Jones writes
FTSE 100 today: Rate cut optimism to fuel Footsie’s push to fresh record highs May 8, 2024 Markets showcase mixed performance in Asia, mirroring Wall Street's trajectory. Oil prices dip, while Reddit shares soar by 16 per cent. Additionally, TikTok initiates a legal challenge against a potential US ban, adding to tech sector uncertainties. All attention now shifts to the Bank of England policy decision and UK GDP data release.
Youngest self-made billionaire chooses London for European HQ May 7, 2024 Scale AI's founder became the youngest self-made billionaire in the world at age 24, according to Forbes, in 2022.
Truspine chief resigns ‘with immediate effect’ amid investor efforts to oust him May 7, 2024 The chief executive of a London-listed medical technology firm has resigned following investor efforts to oust him and the chief financial officer from the company.
FTSE 100 closes above 8,300 barrier amid global rally May 7, 2024 London's FTSE 100 posted a new intraday record on Tuesday amid a global stock market rally driven by renewed optimism on interest rate cuts from major central banks.
Plus500 shareholders reject bosses’ paypackets after proxy resistance May 7, 2024 Shareholders in fintech firm Plus500 have revolted against the multi-million pound paypacket of its two bosses today in the first major rebellion of a fractious AGM season marked by resistance over executive pay.
Ferrari profit rises but investors cool on mixed outlook May 7, 2024 Profit at Ferrari rose by nearly a fifth in the first quarter, driven by increasing demand for bespoke personalisations.