Morgan Stanley to stay in Canary Wharf in boost to struggling banking district March 10, 2024 Morgan Stanley has decided to retain its flagship Canary Wharf office in a major boost for the struggling financial district.
Berkeley and Persimmon to reveal housebuilder pain of interest rate hikes March 10, 2024 UK housebuilders are set to shed light on the state of the fragile property market amid a number of key updates from firms next week. Shareholders are braced to see accounts for Persimmon, Berkeley and Vistry all show a fall in sales numbers after higher interest rates weighed heavily on activity last year. Interest rates [...]
Richard Branson ‘set for £650m payout’ from potential Nationwide takeover of Virgin Money March 10, 2024 Sir Richard Branson is set to receive upwards of £650m from a potential takeover of his challenger bank Virgin Money by Nationwide, it has been estimated.
Primarybid ditches UK consumer app to ramp up international expansion March 10, 2024 London-based retail investment platform PrimaryBid is preparing to cut its UK consumer app in order to increase spending on overseas expansion.
Rail strikes, fare hikes and European growth: What to expect from Trainline next week March 10, 2024 Trainline investors will get a first indication of the ticket seller's 2024 performance in a trading update next Thursday.
The Power of Capitalism: Kim vs the market only has one winner March 10, 2024 Dr Rainer Zitelmann is a German historian, sociologist and author. His latest book is The Power of Capitalism. In our exclusive series, Zitelmann reveals a compelling body of evidence that capitalism and market economies have lifted billions out of poverty. Today he writes on North and South Korea The contrast between North and South Korea [...]
Why it may not be all doom and gloom for John Lewis March 10, 2024 Employee-owned John Lewis Partnership has faced a series of dilemmas over the past few years, but analysts are “cautiously optimistic” a refresh of its top table will help aid its balance sheet ahead of its results next week.
Yousaf: Conflict of interest claims over Gaza aid fuel ‘Islamophobic pile-on’ March 9, 2024 Humza Yousaf has used social media to vehemently deny the “outrageous” claims reported in the Telegraph newspaper that he overruled officials who advised Unicef receive a donation of £100,000 and £200,000. In November, the Scottish Government announced £250,000 would be given to the United Nations Relief and Works Agency (UNWRA) in response to a flash [...]
Ministers demand extra defence spending in the face of rising global threats March 9, 2024 Rishi Sunak is under pressure to boost defencing spending after two serving ministers publicly called for a “much greater pace” of investment. The call from Foreign Office minister Anne-Marie Trevelyan and security minister Tom Tugendhat came after the Budget was criticised for failing to boost defence spending. The two senior Tories said the UK needs [...]
Yousaf says conflict of interest suggestions over Gaza aid are ‘ludicrous’ March 9, 2024 Humza Yousaf has dismissed as “ludicrous” and “completely untrue” suggestions of a conflict of interest over his decision to give £250,000 to an aid agency in Gaza. The First Minister had announced the donation to UNRWA as he met officials from the organisation on November 2 last year while his parents-in-law were among millions under [...]