Tech giants Meta and Amazon drive tech rally; Apple suffers from China woes February 2, 2024 Meta surged 15% post-market on strong revenue, dividend, and a $50 billion buyback; Amazon rose 7% on solid earnings and AWS growth; however, Apple fell 3% on a China sales miss and revenue forecast drop.
FTSE 100: London markets tick down as Bank of England cautious on future rate cuts February 1, 2024 London's FTSE 100 ticked down on Thursday as investors digested the Bank of England's latest decision to hold interest rates, with the first three-way split among policymakers since 2008.
After four holds in a row, when will the Bank of England cut interest rates? February 1, 2024 Policymakers did not answer this question directly, but they did give some guidance as to the factors at play.
First the Sphere, now the Oceandiva boat: Another planned London attraction gets canned February 1, 2024 Oceandiva was set to launch on the Thames as a corporate events and party venue - but planning restrictions have forced it to leave the capital
Little progress as start-ups meet City minister over new investing rule changes February 1, 2024 Start-up groups met the City minister this week in a bid to soften the controversial new investing rule changes, and hold chancellor Jeremy Hunt’s “feet to the fire”. They issued an update after a meeting with the City minister Bim Afolami yesterday failed to see a successful resolution to the issue. The meeting took place [...]
Almost half of patients unaware of Government’s Pharmacy First scheme February 1, 2024 Patients can now receive treatment for seven common conditions without visiting a GP, thanks to a revamp of pharmacy services.
Labour playing ‘Bazball’ as Starmer says business ‘fingerprints’ on plans for power February 1, 2024 The Labour Party is playing “Bazball”, a senior Bloomberg figure has said, as SIr Keir Starmer has vowed businesses have their “fingerprints” on the party’s plans for power.
Supersize vapes and fake designer goods seized in £55k raid on Oxford Street candy store February 1, 2024 Illegal supersize vapes, fake designer mobile phone covers and sweets with additives banned in the UK were among items seized by London law enforcement following a £55k raid on one of the West End’s American Candy Stores.
Small Business Council formed to give SMEs a ‘voice’ in Government, Badenoch says February 1, 2024 The Government has announced the formation of a Small Business Council and a Help to Grow website update in an effort to help SMEs grow.
Bank of England warns inflation to touch two per cent in spring – but will pick up again February 1, 2024 Inflation is expected to pick back up to around 2.7 per cent by the end of this year, remaining above target until the end of 2026.
