Coca-Cola HBC follows McDonald’s in feeling the heat of Israel-Gaza war boycotts February 6, 2024 Shares in Coca Cola HBC edged down this morning amid warnings from analysts that the bottler of the iconic fizzy drink could be the latest to feel the financial pain of Pro-Palestntain boycotts.
Renishaw share price soars despite profit plunging for British manufacturer February 6, 2024 The firm added it had "undertaken a targeted mutually agreed severance scheme in the UK to allow employees to voluntarily leave the company"
Fund managers bullish on private equity in 2024 despite sector headwinds February 6, 2024 A key survey of private equity funds has found most managers are bullish for the year ahead despite the challenges facing the sector. In a study from Carne Group, which surveyed over 200 fund managers that collectively manage $1.6trn, private equity was selected by respondents as the most popular alternative investment. 28 per cent expected [...]
LSEG chief operating officer leaves for insurance broker February 6, 2024 A SENIOR London Stock Exchange Group exec is set to leave Paternoster Square for a new role in the insurance industry.
UK should ‘shout about the insurance industry a bit more’: Howden boss February 6, 2024 David Howden told City A.M. that insurance was a 'City success story' as his firm posted another set of strong financial results
EY warning: Higher interest rates could cost UK firms £25bn over next three years February 6, 2024 Luke Reeve, partner and head of debt advisory at EY, said the adjustment will be "untenable" for some.
Treasury could launch Natwest retail sell-off as soon as June, UKGI confirms February 6, 2024 The Treasury could begin selling its shares in Natwest as soon as June, the body for government investments has confirmed.
Toyota hikes profit forecast as strong hybrid demand bucks industry trend February 6, 2024 Toyota Motor Corp hiked its full-year profit forecast on Tuesdays, as sales of its hybrid models defied a wider downturn in the sector.
Hopes of lower interest rates fuels optimism in the construction sector February 6, 2024 The sector has been hit hard by rising interest rates, which have sent a chill through the housing market and depressed new construction projects.
Police ‘not able to progress’ with 11 out of 12 CBI misconduct claims February 6, 2024 The City of London Police has said it is “not able to progress further criminally” with 11 out of 12 allegations of serious misconduct made against the Confederation of British Industry (CBI).
