FTSE 100 today: Blue-chip set to open lower amid stalled Fed cut bets and EU political uncertainty June 10, 2024 Asian stocks dipped and the euro weakened after far-right gains in the EU elections. All eyes are on the US Fed and BOJ policy decisions.
Asda entices new boss with £10m pay package June 9, 2024 Mohsin Issa could reportedly reward the new boss of Asda a total pay package of up to £10m, as the billionaire businessman rushes to find someone to take charge of the supermarket.
Abrdn chairman adds to growing calls to axe the share tax June 9, 2024 The chairman of Abrdn has said that scrapping the tax on share purchases would lift the economy and boost investment in UK firms, adding to the growing calls to abolish the 0.5 per cent levy.
M&S chair Archie Norman blames pension funds for London stock market’s troubles June 9, 2024 City veteran Archie Norman has hit out at pension funds for not investing enough in UK companies, partially blaming them for the decline of London's stock market.
Shein set to miss out on FTSE 100 spot as industry body flags concerns June 9, 2024 Fast-fashion giant Shein is set to miss out on a place in the FTSE 100, according to reports, as the incoming mega listing continues to spark debate in the City.
Ashtead: FTSE giant worth £24bn mulls switching listing to New York June 9, 2024 A FTSE 100 giant worth more than £24bn is reportedly exploring switching its stock market listing from London to New York in what would be a major blow to the capital's beleaguered bourse.
Caffyns: Car dealer hit by plummeting value of second-hand vehicles June 7, 2024 Car dealers Caffyns has seen its pre-tax profit slashed after the value of second-hand vehicles fell significantly.
FTSE 100 today: London markets set to open green; US jobs data key for direction June 7, 2024 Asian stocks were mixed, with oil prices up and the dollar near an eight-week low. All eyes were on the US non-farm payrolls report.
London Stock Exchange boss wants market screen in Paternoster Square to create ‘razzamatazz’ – but it’s complicated June 6, 2024 The boss of the London Stock Exchange said a screen will help create buzz around the market.
Inditex: Zara owner unfazed by wet weather as viral Tiktok clothing drives sales June 6, 2024 The owner of Zara, Bershka and Pull and Bear, has hailed a strong start to the summer as wet weather did not seem to deter shoppers from hitting the high street.