Top books of 2023: City A.M. crowns our favourite reads of the year December 21, 2023 City A.M.'s staff choose our favourite books of the year and it's an eclectic mix of the best in prize-winning contemporary fiction to investigative deep dives.
UK retailers report weak December sales, downbeat about January December 21, 2023 British retailers reported a downturn in already weak sales this month as consumers feel the squeeze from high borrowing costs and inflation, and they are gloomier about the start of 2024, a Confederation of British Industry survey showed on Thursday. The CBI’s monthly retail sales balance, a gauge of sales over the year to December, [...]
Barclays to stay at iconic Canary Wharf HQ until 2039 in boost for London banking district December 21, 2023 Canary Wharf Group said the bank had agreed a five year lease extension on its tower One Churchill Place.
How do the latest borrowing figures impact Hunt’s tax cut calculations? December 21, 2023 The Treasury borrowed £14.3bn in November, which was nearly £1bn less than this time last year but comfortably higher than economists had expected.
Financier of London restaurants jailed after Italian fraud trial December 21, 2023 The financier behind a collapsed chain of London seafood restaurants has been sentenced to six years in prison in an Italian fraud trial that has rocked the Vatican. Gianluigi Torzi, the man responsible for the Seasons chain of fish restaurants, was sentenced alongside Cardinal Angelo Becciu, the most senior Catholic Church official ever to stand [...]
UEFA: ECJ ruling does not validate European Super League December 21, 2023 Europe’s footballing governing body Uefa today retaliated against a ECJ which deemed rules relating to breakaway leagues as unlawful. the prospects of a future European Super League seemed to be boosted this morning after judges said UEFA rules blocking the formation of such a competition were contrary to EU law. The European Court of Justice [...]
Domino’s Pizza: Eurasia shareholders reject takeover offer from Jubilant Food December 21, 2023 Domino's Pizza Eurasia is understood to be open to takeover but wants the firm to increase its offer price.
Government borrowing higher than expected as interest payments hit November record December 21, 2023 With interest rates rising, the government had to pay £7.7bn on central government debt, the highest November total since monthly records began.
Wall Street slams the brakes for a rare slowdown following record-setting rally December 21, 2023 Wall Street hit the brakes on its big rally on Wednesday after disappointing profit reports from companies and warnings that the market had simply gone too far, too fast. The S&P 500 slumped 1.5 per cent for its worst loss since beginning a monster-sized rally shortly before Halloween. The Dow Jones Industrial Average dropped 475 [...]
Nightmare before Christmas? Nearly 4,500 UK retailers are in ‘critical financial distress’ December 21, 2023 Nearly 4,500 UK retailers are in “critical financial distress” during the sector's ‘Golden quarter’ due to weak Christmas sales performances.
