London landlord Soho Estates swings to loss as commercial property values fall despite revenue jump December 28, 2023 The portfolio of central London property group Soho Estates dipped in value last year and dragged the firm to a loss even as revenues bounced back to pre-pandemic levels, accounts have revealed.
Last Friday before Christmas was busiest day of 2023 for cash withdrawals December 28, 2023 The last Friday before Christmas Day was “by far” the busiest day of this year to date for cash machine withdrawals, according to Link. The UK cash access and ATM network said Friday December 22 was not only the busiest day in 2023, but the biggest total it had seen for withdrawals since the start [...]
Investors split on Japan strategy as end to negative rates looks increasingly likely December 28, 2023 With a shift in policy looking likely, investors are split about how best to secure returns.
Paddington rail services including Elizabeth Line suspended after person hit by train December 28, 2023 Rail services at the UK’s second busiest station are suspended after a person was struck by a train, Great Western Railway (GWR) said. All lines serving London Paddington are blocked following the incident in the Slough area. The incident is affecting GWR and Elizabeth line services. Disruption is expected to continue until 11am. GWR said: [...]
FTSE 100: London climbs to three-month high after Christmas break December 28, 2023 London’s top index moved 0.36 per cent , or 27.44 points higher, to finish at 7,724.95.
Wall Street drifts higher as a strong year for markets winds down December 28, 2023 Wall Street drifted to a slightly higher close as trading remained light during the holiday-shortened week. The subdued activity in the market with two trading days left in the year is capping off a broader rally to a strong finish. The S&P 500 is coming of its eight straight winning week and is hovering just [...]
London gold price benchmark hits record high as investors hunt for safe haven December 28, 2023 London's gold price benchmark hit an all-time high yesterday as investors continue to pour into the precious metal to shield themselves from economic and political volatility, the London Bullion Market Association said.
Campaign ramped up for UK ‘4 day week’ over concerns Britons ‘pushed to the brink’ December 28, 2023 More than 150 companies are accredited to the 4 Day Week Campaign, with benefits said to include better retention of staff and less stress.
This year in airlines — profits galore as pent up demand steals the show. But 2024 spells turbulence. December 28, 2023 It's been a remarkable year for airlines amid record demand for travel. But the sector's overconfidence spells trouble for 2024.
Exclusive: Top economists forecast Bank of England to cut rates as soon as March December 28, 2023 The Bank of England is tipped to start cutting interest rates as soon as March, according to a City A.M. poll of top economists, as the central bank faces mounting criticism for being too hawkish in its monetary policy.