England ‘particularly bad’ at building houses where they are needed, research shows August 1, 2024 Nationwide the total number of properties grew 21 per cent between 1996 and 2021, according to the Institute for Fiscal Studies (IFS).
The Debate: Are ultra-processed foods driving obesity? August 1, 2024 City A.M.’s weekly feature takes the fiercest water-cooler debates and pits two candidates head to head before delivering The Judge’s ultimate verdict. Ultra-processed food (UPF) has become a hot topic in the last couple of years, referring to mass-produced food such as cereal, fizzy drinks, ice cream and bread. If it has additives or preservatives [...]
Fed holds interest rates for eighth straight but signals cuts are coming July 31, 2024 The Fed voted to leave interest rates on hold for the eighth consecutive meeting and did not give any clear sign that rate cuts were on the way.
Just Eat: Shares spike, but is there trouble ahead? July 31, 2024 Just Eat beat market expectations in its first-half results and announced a share buyback of up to €150m (£126m). The market responded well: the takeaway giant’s share price rose by over eight per cent on Wednesday. True, adjusted earnings before interest, tax, depreciation and amortization (EBITDA) at the Amsterdam-headquartered company surged 42 per cent, but [...]
Net zero plan ‘long overdue’: UK shipping warns it’s falling behind on decarbonisation July 31, 2024 The shipping industry is concerned the govenrment is mismatching priorities, with the aviation sector's bid to decarbonise mentioned in the King's Speech.
The £22bn black hole row: Who’s telling the truth? July 31, 2024 Rachel Reeves and Jeremy Hunt are slinging accusations at each other about the state of the public finances. But who is right?
Magnificent Seven market concentration is a problem everywhere, not just on Wall Street July 31, 2024 ‘Market concentration’ is a phrase on the lips of a lot of the market right now, especially as the Magnificent Seven tech stocks continue to swell in size. The Magnificent Seven is made up of the Big Five tech stocks; namely Alphabet, Amazon, Apple, Meta and Microsoft, plus Nvidia and Tesla. Making up more than [...]
Boeing names ex-Rockwell Collins boss as successor to departing chief Calhoun July 31, 2024 Former Rockwell Collins chief Kelly Ortberg joins the US planemaker during one of the most turbulent periods in its history.
Vinted mulls share sale that could value platform at £3.8bn July 31, 2024 Vinted has reportedly contacted investors about a share sale which could value the company at as much as £3.9bn.
Eurozone inflation rises unexpectedly but September rate cut still on July 31, 2024 Figures released today showed that prices rose 2.6 per cent in July, ahead of the 2.5 per cent expected by economists.
