House prices rise for third straight month as market readies for 2024 rebound January 5, 2024 The UK housing market continues to beat expectations despite higher interest rates, with fresh figures today showing prices have risen for the third straight month.
More misery for London retail as footfall flatlines January 5, 2024 London retailers took yet another battering over December as footfall fell -1.4 per cent on a year-to-year basis, according to new figures from the British Retail Consortium (BRC). Festive cheer did not appear to be enough to drag shoppers back to the capital’s high streets, with the figure widening from -0.4 per cent the [...]
UK’s new car market leaves pandemic in the past with 18 per cent growth in 2023 January 5, 2024 The number of new car registrations in the UK grew by nearly 18 per cent in 2023, as automakers emerged from Covid-era supply chain issues.
Relief for drivers as UK petrol prices fall by 6p per litre in December January 5, 2024 The average price of petrol in the UK fell by 6p per litre in December in a relief for consumers after a year of trouble at the pumps.
Moving markets: Five things shaping the FTSE 100 today January 5, 2024 Moving Markets Today: Asian Equities Mixed, Apple at Eight-Week Low, Oil Prices Rally, Gold Set for Weekly Drop, All Eyes on Eurozone CPI and U.S. NFP Figures Major U.S. indices, including the S&P and Nasdaq, face a three-week decline, while Dow gains traction from financials. Asian markets waver, possibly ending a nine-week global winning streak. [...]
Apple faces second downgrade, shares hit eight-week low January 5, 2024 Apple is grappling with a challenging start to the new year as concerns about iPhone sales lead to a second downgrade within just one week. Piper Sandler’s recent rating downgrade caused a substantial drop in Apple’s shares, hitting an eight-week low on Thursday. Harsh Kumar from Piper Sandler & Co. has downgraded his rating on [...]
The Priory warns on ‘worrying’ rise in social media addiction January 4, 2024 An addictions expert has called for a national mobile device detox to counter a ‘worrying’ rise in screen addiction treatment enquiries.
Could Flutter’s US expansion rock its premium London stock listing? January 4, 2024 Gaming giant Flutter is gearing up for a secondary listing on the New York Stock Exchange (NYSE) at the end of the month.
JD Sports sees £2bn wiped off market value but analysts are holding out hope January 4, 2024 JD Sports has not started the new year on the right foot. Nearly £2bn has been wiped off the firm’s market value after it posted an unusually weak Christmas performance. A warning from the ‘king of trainers’ that it would struggle to meet its ambitious £1bn profit target kicked the retailer’s share price down by 25 [...]
Passengers to Gatwick face delays as train operators brace for heavy rain January 4, 2024 With heavy rain due in the south east and London area on Thursday night and Friday morning, Network Rail reiterated warnings to check before travelling.
