Badenoch urged to apologise or face ‘action’ from Farage over Reform row December 28, 2024 Nigel Farage has urged Kemi Badenoch to apologise or face “action” after she accused Reform UK of “fakery” over its membership numbers. The Reform UK leader will spend the weekend weighing up what action to take if the Conservative leader ignores his calls for an apology over the “crazy conspiracy theory”. Farage pushed back against [...]
Disruptive fog to stick around into weekend, forecasters say December 28, 2024 Fog which has caused disruption to flights at some of the UK’s busiest airports will persist into the weekend, forecasters have said. The murky weather has shrouded much of the country over the past few days and shows little sign of abating yet. In some areas, thick fog patches could reduce visibility down to just [...]
Grab the popcorn: Retail’s five most dramatic stories this year December 27, 2024 From Boohoo’s boardroom dramas to The Body Shop’s salvation in the nick of time, 2024 has been a big year in retail. City AM counts down its top five retail dramas this year (spoiler alert: Mike Ashley is at the centre of two of them). Asda tumbles down the supermarket charts Asda has faced a [...]
Why Raspberry Pi had a FTSE Christmas boost December 27, 2024 Raspberry Pi has held up the FTSE 250 on the first trading day after Christmas, with its stock price surging as much as 18 per cent today, pushing it to become a £1bn company. The Cambridge-based tech firm’s share price had been languishing just below £4 since the firm floated on the London Stock Exchange [...]
Investment fads of years gone by: Where are they now? December 27, 2024 From the metaverse to meme stocks, investment fads have come and gone over the years, quickly disappearing out of the market’s collective memories. While AI might be the latest trend gripping the attention of stockpickers, it is worth remembering previous crazes in the market, to learn from (and laugh at) the mistakes of previous cycles. [...]
Tax experts question £3m family farm IHT exemption as not ‘realistic’ December 27, 2024 The government’s claim that family farms will benefit from a £3m tax exemption has been questioned by tax experts. Prime Minister Sir Keir Starmer has argued in defence of Chancellor Rachel Reeves’ move in the Budget to charge inheritance tax (IHT) on agricultural land worth above £1m. He said earlier this month that in a [...]
Caution persists in London’s prime property market after Budget hit December 27, 2024 A tense political and economic environment has left buyers of prime property cautious in the last few months of the year, with prices dipping in central London. House prices in Knightsbridge and Belgravia fell by two per cent and 1.5 per cent, respectively, while prices fell 0.8 per cent across the capital as a whole, [...]
How Asian stock markets are dominating the UK on IPOs December 27, 2024 Asian stock markets continued to surge in popularity in 2024, outperforming the languishing UK market in IPOs. Throughout this year, Asia has dominated on stock exchange floats, with over 600 IPOs throughout the year, more than two thirds of the 867 floats globally in 2024, according to data from Globaldata. In comparison, the UK market [...]
Israeli air strikes on Yemen airport ‘were metres from WHO chief’ December 27, 2024 A new round of alleged Israeli air strikes in Yemen have targeted the Houthi rebel-held capital and multiple ports while the World Health Organisation’s director-general said the bombardment occurred nearby as he prepared to board a flight. “The air traffic control tower, the departure lounge — just a few metres from where we were — [...]
Thames Water urges high court to accept restructuring plan December 27, 2024 Thames Water has urged the High Court to accept its £3bn restructuring plan in a bid to avoid renationalisation. The company said today that over 75 per cent of creditors have backed the restructuring, and cited a new report claiming that no creditors will be worse off as a result of the plan. In October, [...]
