London economy steams ahead of every other UK region but interest rate hikes contain growth July 10, 2023 London’s economy is steaming ahead of every other region in the UK, but there are signs higher interest rates and a return of recession jitters is holding the capital back, a new survey out today shows. Economic growth in London in June was far above the UK average and even its closest competitor, the south [...]
Taylor Swift Eras tour set to break records as tickets go on pre-sale July 10, 2023 TICKETS for Taylor Swift’s European tour are set to go on sale this week, with predictions of sky-high prices on the secondary market. The star’s highly anticipated “Eras Tour” is expected to make a significant impact as it heads to Europe, with projections it will become the highest-grossing tour of all time, surpassing $1.5bn (£1.17bn) [...]
Iceland looks set to reveal red hot profit amidst supermarket surveillance July 10, 2023 Iceland has revealed forecasts that would mean the frozen food chain makes its highest profit in a decade this year, according to The Times. Iceland said last week in a set of financial results shared with bondholders that this year’s underlying profit will likely be its strongest in ten years. The news comes as supermarkets [...]
FT undergoes B2B subscription rebrand in growth drive July 10, 2023 The Financial Times (FT) has given its B2B service a makeover in a bid to attract more subscribers and boost revenue. Rebranded as ‘FT Professional’, the British broadsheet has freshened up its infamous pink palette with a splash of mint green. Catering to over 8,000 businesses, governments and educational institutions worldwide, FT Professional aims to [...]
A new business group lands at just the right time July 10, 2023 Lost amongst the ifs and buts of whether the CBI could survive the phalanx of governance failings it stood accused of was the question of whether it, or the other business groups, were doing their job in the first place, or what they were for. A corporate human shield for business leaders that didn’t want [...]
My not-so-learned friends: an epidemic of puffed-up Twitter famous barristers July 10, 2023 Legal qualifications are nothing to be sniffed at, but they don’t give barristers expertise on all fields, writes Eliot Wilson
A liberalised Indian market would be a boon for London’s financial services July 10, 2023 India is liberalising its insurance sector, legal services and capital markets. It's a great opportunity for the Square Mile businesses to invest and expand, writes Chris Hayward
A Covid-19 inquiry longer than the pandemic is almost certain to teach us little July 10, 2023 A parliamentary inquiry into the pandemic is set to look at everything from the policy of austerity to Boris Johnson’s WhatsApps, but it is possible to be too thorough and entirely miss the point, writes Chris Hirst.
Labour mortgage summit amid brewing repayments crisis July 9, 2023 Labour are set to hold crunch talks with mortgage brokers this week amid a brewing repayments crisis. Shadow chancellor Rachel Reeves has pledged homeownership will be the core of her ‘securenomics’ philosophy as she claimed Labour is now the party of house buyers. Reeves and shadow levelling up secretary Lisa Nandy will attend the summit [...]
Thames Water scrambles for emergency cash from shareholders July 9, 2023 Thames Water is looking to secure an emergency funding injection from shareholders as it scrambles to avert collapse and nationalisation, according to reports.