Tim Martin: JD Wetherspoon boss in tirade against Covid lockdowns as pub chain swings to profit October 6, 2023 The boss of Wetherspoons has launched a tirade against the UK's Covid-era lockdown policies.
London house prices slump again as high interest rates pile pain on mortgage holders October 6, 2023 London house prices cratered again in September as the Bank of England’s interest rate hikes continue to pile pain on mortgage holders and weigh on the housing market. House prices in the capital have fallen 4.8 per cent over the last year, the biggest fall of any region in cash terms at an average of [...]
Starmer hails ‘seismic’ Scotland by-election win as pressure mounts on SNP October 6, 2023 Sir Keir Starmer has hailed a “seismic result” for Labour after his party overwhelmingly won Scotland’s first recall by-election. Labour candidate Michael Shanks won the Rutherglen and Hamilton West seat after securing more than twice the votes of his SNP rival Katy Loudon. The result will pile more pressure on SNP leader and Scottish First [...]
Retail woes continue as sunny September slows fashion sales October 6, 2023 September proved to be another tricky month for retailers, with growth up just 0.2 per cent on last year, hit by hot weather and the cost of living crunch. According to latest figures from the accountancy firm BDO, clothing retailers saw sales fall 3.4 per cent during the month, compared with a 6.7 per cent [...]
Crypto firms braced for FCA clampdown on rogue marketing tactics October 6, 2023 Crypto firms are braced for a clampdown next week as the regulator rolls out a swathe of new rules designed to shut out rogue marketing tactics from the market.
HS2 will not reach Euston without private investment October 5, 2023 HS2 will not be extended to Euston unless enough private investment is secured.
Bank of England will cut interest rates ‘much more quickly’ than Fed, think tank predicts October 5, 2023 Rising unemployment will force the Bank of England to cut interest rates "much more quickly" than the Federal Reserve, the Resolution Foundation predicted.
Canva designs new AI tools aimed at blue-chip giants — and small charities October 5, 2023 Canva, the graphic design powerhouse, is trying to entice large businesses with a new arsenal of artificial intelligence (AI) tools. Duncan Clark, head of Canva in Europe, revealed that the Australian firm has witnessed “astronomic growth” across companies of all sizes, including blue-chip giants. Canva brought in revenues of $1.7bn (£1.4bn) in the past year, [...]
Zumo first across the line with FCA’s new crypto firm rules October 5, 2023 Zumo has become the first digital asset platform to meet the requirements of the Financial Conduct Authority’s new crypto mandate.
ESG exodus: Investors flee green funds as ‘party runs out of steam’ October 5, 2023 Investors bolted from responsible investment funds in record numbers over the summer as the ESG frenzy that gripped the market for the past five year begins to run out of steam, according to new figures.
