FTSE 100 reshuffle: M&S in, Abrdn out, but who else is coming and going? August 29, 2023 As the reshuffle of the FTSE 100 index approaches, several firms are vying for a coveted spot among the UK's top-tier stocks.
Just do it: Nike fell off its virtuous high horse of inclusion during the World Cup August 29, 2023 Nike has spent years trying to be the sports brand of choice and of inclusion. In the World Cup, it lost its moral foothold, writes Eliot Wilson.
Bunzl: Giant on a shopping spree with two acquisitions and bumped-up guidance August 29, 2023 Outsourcer buys firms in Poland and the Netherlands as it continues acquisition spree
New clinical trial hub to open in Canary Wharf as demand for life sciences space heats up August 29, 2023 Canary Wharf is moving into what its CEO Shobi Khan calls its '3.0 phase' as it targets a growing diversity of uses.
IG chief June Felix steps down after five years due to ‘health situation’ August 29, 2023 IG, the London-based online trading firm, has announced its CEO June Felix will step away at the end of September after almost five years at the helm.
ULEZ: Sadiq Khan hails launch of London-wide low emission zone August 29, 2023 London has become the world’s largest pollution charging area after the ULEZ was expanded to include the whole of the capital.
Axe the £4bn-a-year share tax holding back stock markets, government told August 29, 2023 CALLS are increasing for the UK’s £4 billion-a-year share trading tax to be reduced or scrapped in an effort to reinvigorate our capital markets.
Subsidise green steel with cheaper energy deals, says think tank August 29, 2023 Renewable developers should offer cheap electricity for steel producers to enable them to ramp up production to meet the UK’s green ambitions, a leading climate think tank has argued. A potential ‘energy for steel’ arrangement would see project owners of wind and solar farms offer cheap electricity directly to steel producers – through a power [...]
Food inflation cools but Russia’s exit from grain deal poses threat to prices August 29, 2023 Food inflation cooled once again in August, new figures out today show, in a sign that cost of living pressures in the UK are gradually starting to ease. Food inflation fell to 11.6 per cent in August, down from 14.3 per cent in July, according to fresh figures from the British Retail Consortium (BRC). However, [...]
North Sea windfall tax hits undermine UK’s energy security goals August 29, 2023 Two of the UK's largest North Sea oil and gas operators confirmed huge hits from the windfall tax last week, in a sign that firms are still being bludgeoned by the levy despite a significant fall in oil and gas prices.
