Starmer insists Labour is ‘ready for May’ election – but refuses to predict outcome October 9, 2023 Labour is “ready” to fight a May general election, Sir Keir Starmer has said, as he warned he fears the Conservatives will “go low” in a bid to hold onto power. The Labour leader said his party was “ready for May” but warned against predicting the outcome of the fight to enter government. It comes [...]
Copper bosses warn of mine shortage in race to meet net zero demand October 9, 2023 The transition to low carbon energy could be jeopardised by the lack of new copper mines to keep pace with growing demand.
Taskforce unveils UK ‘gold standard’ guidelines for firms to share green plans October 9, 2023 A Treasury taskforce has revealed its “gold standard” guidelines for companies to report their plans to tackle climate change.
GSK sells £2.5bn worth of shingles vaccine to China’s Zhifei October 9, 2023 GlaxoSmithKline is to sell £2.5bn worth of shingles vaccine Shingrix to China’s largest vaccine supplier Zhifei with a goal to double its global sales for the British pharma giant by 2026. The partnership, which was announced today, will give Zhifei the rights to import and distribute the vaccine across 30,000 vaccination points, starting in January. [...]
City watchdog issued nearly 150 alerts on crypto ads in 24 hours after new regulations October 9, 2023 The City watchdog issued nearly 150 alerts on the first day of its new crypto marketing regime as unauthorised crypto firms felt the heat from the new regulations.
Woodford investors take step closer to £230m payout after administrator’s takeover October 9, 2023 Burnt investors in Neil Woodford’s collapsed fund are a step closer to a £230m payout today after the management firm behind the failed vehicle was formally taken over.
Activist Nelson Peltz lifts stake in Disney as shares near decade low October 9, 2023 Activist investor Nelson Peltz has reportedly raised his fund’s stake in Disney and is eyeing multiple seats on the board for himself and his underlings. Trian Fund Managament, founded by billionaire Peltz in 2005, has increased its stake in the Mickey Mouse creator to more than $2.5bn (£2bn), according to a Wall Street Journal report [...]
Recruitment firms’ profits expected to suffer amid jobs gloom October 9, 2023 Analysts expect recruitment firms to report a sharp fall in profits this week as an uncertain economic environment impacts the jobs market. Hays, PageGroup and Robert Walters will update investors on their performance over the coming days, with profits predicted to fall sharply. According to a consensus cited by AJ Bell, Robert Walters is expected [...]
Airline shares plunge on fears for oil prices and travel over Israel conflict October 9, 2023 Airline stocks tumbled this morning after investors fretted over rising crude oil prices and whether the conflict in Israel would dent demand.
FTSE 100 close: Markets muted as airlines are hit by Israel conflict October 9, 2023 London's FTSE markets were muted on Monday as investors grappled with the implications of the surprise attack launched on Israel by Hamas.
