‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Morning in the City: Paragon, N Brown, ABF, Zopa and the CBI’s crunch vote June 6, 2023 Welcome to the live blog on Tuesday 6 June. This morning we will be covering results including Paragon bank, N Brown, Association British Foods, and of course, the crunch vote with the Confederation of British Industry.
Diageo chief Sir Ivan Menezes has emergency surgery before retirement as first female CEO takes charge June 5, 2023 Spirits giant Diageo has announced the appointment of its first female chief executive following the retirement of long-term boss Sir Ivan Menezes, who’s now in hospital. The appointment of Debra Crew as interim chief executive was announced this morning, while its existing chief undergoes emergency surgery. He will formally retire at the end of the [...]
Gordon Brown leads new campaign for radical UK reform – with focus away from London June 1, 2023 A group of leading Labour politicians has banded together to campaign for reform of the UK – with the focus on political and economic centres outside of London. Led by former prime minister Gordon Brown, Welsh First Minister Mark Drakeford, Greater Manchester Mayor Andy Burnham, West Yorkshire Mayor Tracy Brabin and Scottish Labour leader Anas [...]
Morning in the City: Live updates with Dr Martens, Nationwide HPI and US debt ceiling June 1, 2023 Welcome to the live blog on the first of June, with updates on Dr Martens, Nationwide’s regular House Price Index, the US debt ceiling, and much more!
Putin ally Medvedev says UK officials are ‘legitimate targets’ due to Ukraine support May 31, 2023 British public officials are a “legitimate military target” because of the UK’s support for Ukraine, former Russian president Dmitry Medvedev has warned. Mr Medvedev, deputy chairman of Vladimir Putin’s security council, claimed the UK’s support for Kyiv amounted to an “undeclared war” against Russia. His comments came after Foreign Secretary James Cleverly said Ukraine had [...]
Paddington bare: Rail strikes clear London hub as passengers frustrated before derby day chaos May 31, 2023 Rail passengers are suffering fresh travel disruption because of more strikes in long-running disputes over pay, jobs and conditions. Members of the drivers’ union Aslef walked out on Wednesday, meaning several operators such as Avanti West Coast, CrossCountry, Northern and Thameslink are running no trains. The union’s general secretary Mick Whelan said no negotiations aimed [...]
Morning in the City: Prudential’s CFO quits, Bloomsbury, B&M and London leading UK confidence May 31, 2023 Morning, and welcome to the live blog on 31 May. This morning we have results from Bloomsbury Publishing, B&M, and the departure of a top exec for “failing” standards.
Sunak to crack down on ‘unacceptable’ targeting of young people by vape market May 30, 2023 A new Government crackdown on vape marketing will prevent the “unacceptable” targeting of children and young people, Rishi Sunak has said. Ministers have pledged to close a loophole allowing retailers to give free samples of vapes to children in England, amid concerns over the proportion of children trying e-cigarettes. The move comes days after the [...]
Morning in the City: Asda-EG tie up, Home REIT update, US debt ceiling talks May 30, 2023 Welcome to the live blog for Tuesday 30 May, after a nice bank holiday weekend!
Lloyd’s of London targeted by eco activists with smoke flares and setting off fire alarms May 25, 2023 Smoke engulfed the entrance to insurance hub Lloyd’s of London today as eco protestors set off fire alarms to disrupt activity over of its alleged links to the fossil fuel industry.