King affirms Crown’s historic bond with the City October 19, 2023 The City hosted the King and Queen last night at a dinner to mark the Square Mile’s role in the Coronation. In a ceremony that traditionally takes place upon a new Sovereign’s first visit to the City and dates back to William III in 1689, King Charles was presented on arrival with the City Corporation’s [...]
Energy sec Coutinho defends renewables investment but ‘conscious’ of US and EU ramping up subsidies October 19, 2023 Energy secretary Claire Coutinho has defended the government's green record amid challenges from rival markets.
Dunelm sales jump nine per cent rise as customers seek homeware value October 19, 2023 Homeware retailer Dunelm reported a nine per cent rise in sales during its first quarter, as shoppers continue to splash out on bedding and curtains despite the cost of living crisis. The cushions to candles provider said that total sales for the year came to £390m, thanks to demand for its autumn collection which included [...]
Onthemarket to be snapped up by Nasdaq-listed Costar in £99m deal October 19, 2023 The deal represents a significant premium of 56 per cent to Onthemarket's 70.5p share price at close on Wednesday, according to a statement on the London Stock Exchange this morning.
Schroders: Assets slide as volatile markets weigh on investor appetite October 19, 2023 Schroders revealed a slump in its managed assets today as investors fled the market amid sustained volatility over the summer.
Hollywood Bowl defies cost of living crisis with summer boost October 19, 2023 Hollywood Bowl has powered through the summer thanks to growing customer demand and a strategy of expansion. Despite some leisure activities taking a hit during the cost of living crisis, the ten-pin bowling operator said it has been an affordable activity for many in recent months. Prices range between £10.88 and £38.48. This strong customer [...]
Blackrock boss Larry Fink says Keir Starmer offers ‘measurement of hope’ October 19, 2023 Keir Starmer’s Labour has positioned itself as the ‘party of business’ as it aims to exploit the Conservatives’ reputational hit following the economic chaos of Liz Truss’s calamitous mini-budget.
Netflix raises prices after subscriptions soar by 9m October 19, 2023 Netflix added 8.8m streaming subscribers in its third quarter, blowing expectations out of the water, as it revealed its latest price hike.
Deliveroo holds guidance as UK revenue rises despite global dip October 19, 2023 Online takeaway platform Deliveroo has maintained its full year guidance for the year, as the company was bolstered by demand in the UK and Ireland. According to its third quarter update, the listed delivery app, said revenues in its UK and Ireland arm grew by a steady three per cent to £297m, but internationally it [...]
AJ Bell share price rises after boost in customers but Hargreaves Lansdown falls after slowing business growth October 19, 2023 The inflows helped assets under administration grow 11 per cent to a record £70.9bn.
