Shein is plotting world domination, should UK retailers be worried? November 2, 2023 It is expected that Shein’s chokehold on shoppers will get even greater after acquiring its first UK company earlier this week.
Lloyds rejects Barclay family’s billion pound shot at Telegraph recoup November 2, 2023 Lloyds has spurned the £1bn attempt by the Barclay clan to repurchase the Telegraph, a move which will ease the concerns of hopeful bidders.
Ferrari profits speed ahead as wealthy buyers splash out to personalise supercars November 2, 2023 Ferrari raised its earnings forecast on Thursday after profits surged on wealthy consumers paying out to personalise their supercars.
London’s exchanges are losing companies again. It needs to stop. November 2, 2023 Even by recent standards, this has not been a banner week for London's stock exchanges.
Adtech firm Tremor mulls ditching London listing to head for New York November 2, 2023 Advertising Technology company Tremor International is considering ditching its London listing, according to a report.
Big Four banks bag extra £6.5bn from past interest rate hikes amid profiteering concerns November 2, 2023 The UK’s four biggest banks have collectively made an extra £6.5bn this year off the back of past interest rate hikes, says new analysis.
Is ‘China’s century’ quickly becoming India’s? November 2, 2023 Temple Melville of Scotcoin takes a look at China's historical policies and compares them to India's current stance on crypto.
Fight against inflation enters new phase after Bank of England holds interest rates again November 2, 2023 The battle against inflation has clearly entered a new phase.
Shell sweetens shareholders with chunky buybacks even as profits fall November 2, 2023 Shell joined its rivals in posting a year-on-year decline in profits over the third quarter this year but has kept its share price high.
Bank of England leaves interest rates on hold with gloomy prospects for UK growth November 2, 2023 Higher for longer interest rates will bring growth to a near standstill until the end of 2025, new forecasts from the Bank of England show, as it left interest rates on hold for the second time in a row. The decision to hold, which was backed by six members of the nine-strong Monetary Policy Committee [...]
