Microsoft hires from Inflection AI now under microscope from competition watchdog July 16, 2024 The CMA has set an 11 September deadline to decide whether the case will progress to a phase two investigation.
Champagne Lanson’s UK sales fail to fizz despite popularity in London’s West End July 16, 2024 An uptick in people toasting West End night outs with a glass of fizz failed to boost profit at the UK arm of bubbly producer Champagne Lanson, according to newly-filed documents.
Stubborn inflation could hold back UK growth warns IMF July 16, 2024 In its latest World Economic Outlook, the global fiscal watchdog forecast that the UK would grow 0.7 per cent in 2024, unchanged on its last projection in May.
Royal Mail: Czech Sphinx’s six-day service pledge a litmus test for Labour July 16, 2024 The Labour party has promised to “robustly scrutinise” the first foreign takeover of the 500-year-old British institution.
Investment banking boost for Bank of America and Morgan Stanley July 16, 2024 Like other US banks, Morgan Stanley has benefited from a rebound in dealmaking activity, which fell off a cliff last year due to the impact of higher interest rates and economic uncertainty.
Green light from London council for £330m plan to build 1,250 homes July 16, 2024 Aitch Group has been given the green light for a £330m investment in Belvedere park by a London council, to build 1,250 homes in Bexley. The east-London based property group will turn the industrial land into a series of apartment blocks with a hectare of green space. It’s good news for London’s property sector, which [...]
Welsh First Minister Vaughan Gething resigns after just a few months July 16, 2024 Vaughan Gething has resigned as First Minister of Wales and Welsh Labour leader.
The Perfume Shop: ‘Cool efficiency’ helps retailer weather soaring costs July 16, 2024 The Perfume Shop said that "cool efficiency" allowed it to weather a challenging retail market to grow its revenue to more than £300m, according to newly-filed documents.
Investors continue to buy Scottish Mortgage in bet on growth July 16, 2024 UK investors continue to be drawn to growth-focused investment trusts like Scottish Mortgage and JP Morgan Global Income & Growth.
Most bought UK stocks: Nvidia leapfrogs Apple as National Grid climbs ranks July 16, 2024 UK investors continued to pile into Nvidia in the second quarter of 2024, with the stock rising to become the third most popular in the country.