Fed rate rise less likely? More jobs added but unemployment up and wages stabilise September 1, 2023 The U.S. added more jobs than expected in August, but a rise in the unemployment rate to 3.8 per cent, but the Fed may not hike rates again
Octopus buys Shell UK energy arm making it Britain’s second biggest supplier September 1, 2023 The deal will require regulator approval and Shell customers were advised to “sit tight” for now, with it hoped to be formalised in the final quarter of the year.
Rishi Sunak hits his lowest ever rating as just 32 per cent of Britons think he makes a good PM September 1, 2023 Rishi Sunak has scored his lowest ever rating for how much of the public think he would make the best Prime Minister, according to new polling. The Conservative Party leader convinced just 32 per cent of the British population that he is the best choice for Prime Minister, pollsters at Savanta found, dropping two points [...]
UK expected to enjoy final (and belated) blast of summer next week September 1, 2023 The UK could enjoy a final blast of summer next week as temperatures are forecast to soar into the high 20s. The Met Office said some of the country could experience a heatwave from Saturday onwards, with the mercury reaching 28C or higher in some areas. As Hurricane Franklin rages over the Atlantic, it is [...]
Boehly’s billion: Cole Palmer signing sees Chelsea hit spending landmark on transfer deadline day September 1, 2023 Cole Palmer’s £40m move from Manchester City takes Chelsea’s lavish spending under Todd Boehly’s ownership group past £1billion in three transfer windows. Chelsea became used to unprecedented transfer outlay under former chairman Roman Abramovich but, if anything, Boehly and Behdad Eghbali’s Clearlake consortium have taken it to new levels. Raheem Sterling was the first signing [...]
EP: 227 Sandown, Beverley & Chester September 1, 2023 Sandown is the venue for two Group 3 races on Saturday with Beverley hosting their annual Beverley Bullet sprint. Chester completes the Saturday afternoon TV racing action. City AM Racing editor Bill Esdaile previews the best of this weekend’s racing. Hosted by Chris Barnett. The Punter ‘The Punter’ has been City AM’s dedicated sports betting [...]
Manufacturing downturn ‘deepens’ as production drop among fastest on record September 1, 2023 UK manufacturing hit a steep slump this month, figures revealed, as production dropped by a rate “one of the fastest in survey history”. According to the Chartered Institute of Procurement & Supply (CIPS) the UK manufacturing purchasing managers index (PMI) recorded 43.0 in August, down from 45.3 in July. This marked its lowest level since [...]
HMV owner finalising deal to save majority of Wilko stores, reports say September 1, 2023 Thousands of jobs could be saved at collapsed retailer Wilko as the owner of HMV finalises a deal to buy hundreds of stores. A bid to buy the entirety of the business fell through on Thursday, leading to the first wave of redundancies affecting support centre and warehouse staff. But administrator PwC said that discussions [...]
New Reckitt Benckiser chief to take reins next month as Durex maker looks for ‘smooth’ transition September 1, 2023 Consumer health giant Reckitt Benckiser has announced new chief Kris Licht will take over the reins from 1 October as chief Nicandro Durante stands down The FTSE 100 firm announced Licht as its new chief executive in April this year and he has been working alongside current boss Durante since the beginning of May. Reckitt [...]
FTSE 100 close: London ends week flat after house price slump and US payroll figures September 1, 2023 London's FTSE 100 index started Friday in the green on a quiet results day, as investors look to US payroll figures after lunch for signals of more rate hikes.
