Consumer spending bounces back in August after mid-summer lull September 17, 2018 British consumer spending rose in August after falling in July, according to data to be published today. Spending rose by 0.4 per cent in the month, after a decline of 0.9 per cent in July, according to the figures from card payments firm Visa. Expenditures have now increased in three of the last four months, [...]
Trump reportedly set to announce new tariffs on China September 16, 2018 US President Donald Trump is preparing to announce new tariffs on imports from China worth $200bn (£153bn), according to reports. Tariffs of around 10 per cent will be imposed on electronic goods such as internet technology products, printed circuit boards, and other electronics, the Wall Street Journal reported, citing White House sources. A decision could [...]
Trump reportedly set to announce new tariffs on China September 16, 2018 US President Donald Trump is preparing to announce new tariffs on imports from China worth $200bn (£153bn), according to reports. Tariffs of around 10 per cent will be imposed on electronic goods such as internet technology products, printed circuit boards, and other electronics, the Wall Street Journal reported, citing White House sources. A decision could [...]
Pay for bosses at star architect Norman Foster’s firm triples September 16, 2018 Payments to partners in the firm of star architect Norman Foster more than tripled last year despite a fall in profits. Foster and Partners bosses shared £23.4m in the year ending in April, up from £7m last year, according to the firm’s latest annual filing. The firm, the largest architecture practice in the UK with [...]
Pay for bosses at star architect Norman Foster’s firm triples September 16, 2018 Payments to partners in the firm of star architect Norman Foster more than tripled last year despite a fall in profits. Foster and Partners bosses shared £23.4m in the year ending in April, up from £7m last year, according to the firm’s latest annual filing. The firm, the largest architecture practice in the UK with [...]
Restaurant Group in talks on acquisition with gastropub chain Peach Pubs September 16, 2018 The Restaurant Group is in talks with Peach Pubs over a possible takeover of the gastropub chain. Talks are still at an early stage and are not exclusive, with no guarantee of a deal, City A.M. understands. The Restaurant Group, the listed owner of brands such as Frankie and Benny’s and Garfunkel’s, has struggled in [...]
Restaurant Group in talks on acquisition with gastropub chain Peach Pubs September 16, 2018 The Restaurant Group is in talks with Peach Pubs over a possible takeover of the gastropub chain. Talks are still at an early stage and are not exclusive, with no guarantee of a deal, City A.M. understands. The Restaurant Group, the listed owner of brands such as Frankie and Benny’s and Garfunkel’s, has struggled in [...]
Korean state-owned bank reportedly in £182m offer for One Poultry September 16, 2018 State-owned Industrial Bank of Korea (IBK) has reportedly offered £182m to buy One Poultry, the landmark office building close to the Bank of England. IBK is working with Hana Financial Group, a large Korean asset manager, on the bid, according to the Financial Times. The controversial building, which was voted by Time Out magazine readers [...]
Korean state-owned bank reportedly in £182m offer for One Poultry September 16, 2018 State-owned Industrial Bank of Korea (IBK) has reportedly offered £182m to buy One Poultry, the landmark office building close to the Bank of England. IBK is working with Hana Financial Group, a large Korean asset manager, on the bid, according to the Financial Times. The controversial building, which was voted by Time Out magazine readers [...]
In the shadow of the Lehman Brothers collapse: A decade of change in the City of London September 14, 2018 The collapse of Lehman Brothers remains shorthand for the start of the global financial crisis and a period when the foundations of capitalism shook. A decade on the Western financial system is still struggling to move out of the shadow of the events of 15 September 2008. Political events around the world today are still [...]
