Mohamed Al Fayed: Tributes paid to former owner of Harrods and Fulham FC September 2, 2023 Former Harrods owner Mohamed Al Fayed has been described as “an extraordinary tour de force” after his death at the age of 94. Mr Al Fayed, who was owner and chairman of Fulham Football Club for 16 years, died on Wednesday. His family announced on Friday he had “passed away peacefully of old age”. Paying [...]
Rail strikes bring more misery to Brits on back-to-London Saturday September 2, 2023 Rail passengers faced more travel misery on Saturday because of continuing industrial action by train drivers and other workers in long-running disputes over pay, jobs and conditions. Members of the Rail, Maritime and Transport union (RMT) at 14 train operating companies launched a 24-hour strike, while drivers in the Aslef union were banning overtime. Services [...]
Why 2023 has been a year to forget for the London Stock Exchange and the capital’s equity markets September 2, 2023 Take-privates and secondary listings have damaged the reputation of the London Stock Exchange. How did we get here?
Vistry, Barratt and Berkley: Housebuilders to report as investors nervous on rates, mortgages and rule changes September 1, 2023 After their shares soared on the Government’s decision to relax environmental rules, three housebuilders are preparing to update shareholders next week. Vistry, Barratt Developments and Berkeley Group will all update shareholders during the week, as nervous investors will be looking for more indications of what is happening in the mortgage market. Vistry has already said [...]
Atomic weapons workers threaten to strike over pay – but ‘delivery of UK’s nuclear deterrent would be unaffected’ September 1, 2023 Workers at the Atomic Weapons Establishment (AWE) are to be balloted for industrial action in a dispute over pay. Members of the Prospect union at AWE, which supports and maintains the UK nuclear deterrent, will vote in the next two weeks on whether to launch a campaign of action. Prospect said AWE recently became an [...]
Fed rate rise less likely? More jobs added but unemployment up and wages stabilise September 1, 2023 The U.S. added more jobs than expected in August, but a rise in the unemployment rate to 3.8 per cent, but the Fed may not hike rates again
UK expected to enjoy final (and belated) blast of summer next week September 1, 2023 The UK could enjoy a final blast of summer next week as temperatures are forecast to soar into the high 20s. The Met Office said some of the country could experience a heatwave from Saturday onwards, with the mercury reaching 28C or higher in some areas. As Hurricane Franklin rages over the Atlantic, it is [...]
Boehly’s billion: Cole Palmer signing sees Chelsea hit spending landmark on transfer deadline day September 1, 2023 Cole Palmer’s £40m move from Manchester City takes Chelsea’s lavish spending under Todd Boehly’s ownership group past £1billion in three transfer windows. Chelsea became used to unprecedented transfer outlay under former chairman Roman Abramovich but, if anything, Boehly and Behdad Eghbali’s Clearlake consortium have taken it to new levels. Raheem Sterling was the first signing [...]
HMV owner finalising deal to save majority of Wilko stores, reports say September 1, 2023 Thousands of jobs could be saved at collapsed retailer Wilko as the owner of HMV finalises a deal to buy hundreds of stores. A bid to buy the entirety of the business fell through on Thursday, leading to the first wave of redundancies affecting support centre and warehouse staff. But administrator PwC said that discussions [...]
New Reckitt Benckiser chief to take reins next month as Durex maker looks for ‘smooth’ transition September 1, 2023 Consumer health giant Reckitt Benckiser has announced new chief Kris Licht will take over the reins from 1 October as chief Nicandro Durante stands down The FTSE 100 firm announced Licht as its new chief executive in April this year and he has been working alongside current boss Durante since the beginning of May. Reckitt [...]
