BT: Outgoing chief says ‘bright future’ ahead after jobs and cost-cutting programme November 2, 2023 BT Group reports consistent revenue and EBITDA growth, delivering "on target" results and optimism for the future.
Marks and Spencer sorry for Christmas ad showing burning hats ‘in colours of Palestine’ November 2, 2023 M&S took to social media to apologise for any "hurt" caused after their ad showed red white and green Christmas hats on the fire.
Shell offers £2.8bn in share buybacks as profits slide to £5.1bn as commodity boom eases November 2, 2023 Shell is the latest energy giant to post a sharp downturn in profits, unveiling £5.1bn earnings over the third quarter — a 40 per cent decline year-on-year.
Moving markets today: Fed holds, Tokyo stimulus, and all eyes on Apple November 2, 2023 What’s moving markets today? Wall Street closed higher on Wednesday, led by a 1.6% gain in Nasdaq. This followed the decision by the U.S. Federal Reserve to keep interest rates unchanged at 5.25%-5.50%. The Bank of England is also set to keep its interest rates on hold at a 15-year high of 5.25% on Thursday. [...]
Insurance SPAC boss: London loves a bad headline – but we’re the best in the world November 2, 2023 London loves a “bad headline” and should instead embrace its role as the “global centre” of insurance expertise, the boss of a listed acquisition vehicle has claimed, as he prepares to debut a new insurance firm on the public markets this month.
Cash and carry to billion dollar boss: Quantexa chief Vishal Marria November 2, 2023 Quantexa boss Vishal Marria - chief of the only 'unicorn' minted this year - says helping his parents run their shop in Brixton put business in his blood.
Without the City, this country wouldn’t work November 2, 2023 Every day half a million people pile into the Square Mile, and many more beyond it, to ensure the wheels of UK finance keep spinning around.
Drax sustains its biomass hopes with carbon capture push November 2, 2023 Drax's biomass terminals have been at the centre of controversy in the UK's push to reach net zero and bolster energy security.
Bankers’ bonuses are back and the long 2010s dominated by Brexit are over November 2, 2023 There’s a political vibe shift, and the Conservatives are on the losing end of it is Brexit finally exits stage right.
Mark Kleinman: Why Starling needs Engine to fuel IPO dream November 2, 2023 Mark Kleinman is City editor at Sky News Starling needs Engine to fuel IPO dream Companies offer myriad reasons for the departures of chief executives. Few are as downright peculiar as the one given by Starling Bank when it announced in May that founder Anne Boden was stepping down. “Now that we have grown from [...]
