Retail footfall down for twelfth consecutive month – but spending surge on the horizon August 2, 2024 Figures for retail footfall in the UK fell for a twelfth consecutive month as shoppers opted to spend on holidays and leisure rather than consumer goods.
Which were the best and worst performing funds in July? August 2, 2024 Smaller company funds were the best performing on the market in July, as the cheapest assets on the market finally started to bounce back.
Bank of England right to be cautious after cutting interest rates August 1, 2024 Different members of the Monetary Policy Committee (MPC) clearly have different views on where the economy is now.
Saudi Arabia is an unrivalled opportunity for global business August 1, 2024 Interview with Sir Nigel Knowles, CEO of DWF Group Sir Nigel Knowles is not afraid of a challenge. For almost twenty years, he was the Global Co-CEO and Managing Partner of the corporate law giant DLA Piper. Now, as CEO of DWF Group, a leading global provider of integrated legal and business services, he has [...]
FTSE 100: London stocks jump and pound slides after Bank of England cuts interest rates August 1, 2024 London stocks jumped this afternoon and the pound hit a one month low after the Bank of England moved to scale back interest rates from a 16-year high at its latest monetary policy meeting.
Bolt drivers to be guaranteed national living wage while remaining self-employed August 1, 2024 Bolt has launched a scheme that will guarantee its drivers are paid the national living wage in the UK despite remaining self-employed.
How Bill Ackman’s $25bn Pershing Square IPO collapsed August 1, 2024 Bill Ackman’s plans for the largest ever trust IPO in US history, a $25bn float of closed-end fund Pershing Square US, are no more. The billionaire hedge fund manager admitted defeat late last night, withdrawing his proposal that he hoped would be a competitor to Warren Buffett’s Berkshire Hathaway. While Ackman said Pershing had received [...]
Sir Paul Marshall: Hedge fund owner and GB News shareholder poised to snap up The Spectator August 1, 2024 The hedge fund magnate and GB News shareholder Sir Paul Marshall is is close to securing a deal to buy The Spectator, one of Britain’s top political magazines. According to Sky News, Sir Paul, co-founder of Marshall Wace, is the leading bidder for The Spectator, which is being auctioned alongside the Daily and Sunday Telegraph [...]
Center Parcs: Holiday giant’s profit hit as consumers tighten the purse strings August 1, 2024 Holiday park operator Center Parcs has seen a sharp fall in its pre-tax profit as "lower levels of disposable income" eroded consumer spending, according to newly-filed documents.
Employees take six sick days a year to care for loved ones August 1, 2024 Employees are taking more sick days by taking on responsibility for different generations of their family’s health and wellbeing.