Bailey warns against fragmenting clearing market as EU pushes on with post-Brexit plans November 8, 2023 Andrew Bailey, governor of the Bank of England, has warned policymakers against taking steps that would lead to increasing fragmentation in the financial system.
FTSE 100 close: Markets shrug off Bailey’s rate cut comments as M&S soars November 8, 2023 "The market of course will reach a view it has to reach. So I totally understand that. But we are very clear we’re not talking about that," Bailey said.
JD Wetherspoon: Sales rise but Tim Martin warns of energy bill pain November 8, 2023 JD Wetherspoon said it has plans to invest £70m into its current sites as it looks to revamp staff rooms, changing rooms, glass racks above bars and air conditioning.
Mirror and Express publisher Reach to slash another 450 jobs November 8, 2023 Reach, the publisher of Daily Mirror and Express papers, has said it is axing around 450 full-time jobs as part of a cost-cutting drive.
Persimmon appoints PwC veteran as new CFO after housebuilding improvement and share rally November 8, 2023 Persimmon has chosen Andrew Duxbury to become its chief financial officer amid a rally for homebuilders as market conditions show signs of improvement.
Co-op Bank reports dip in profits as takeover suitors swirl November 8, 2023 Co-operative Bank has doubled down on its guidance for the year today despite a dip in profits, in a key set of results for the lender as it hunts for a potential buyer.
Tate & Lyle sweetens board with veteran Safestore exec as new chair November 8, 2023 Tate & Lyle has poached a top-level executive at the self-storage giant Safestore to be its new director and board chair.
M&S reinstates dividend and CEO Stuart Machin promises he’s not done yet November 8, 2023 Marks and Spencer (M&S) racked in hefty profits during the half year, as the firm’s reshaping programme continues to show signs of paying off. The Percy Pig maker posted profit before tax of £360.2m up nearly £100m on last figures of £205.5m. M&S also reported a 14.7 per cent rise in food sales as its [...]
ITV advertising revenue falls by £96m — and it’s not getting better November 8, 2023 ITV said its advertising revenue fell in its third quarter this year and is set to drop even further by the end of the year.
Israel-Hamas war: Pressure mounts on Starmer as Labour frontbencher resigns over Gaza stance November 8, 2023 In a letter to Sir Keir, he said he was “deeply troubled” by the Labour leader’s interview on LBC.
