US election 2024: All you need to know about the Democrat Party convention August 19, 2024 In just three months time, US voters will be heading to the polls to cast their ballots in the 2024 presidential election. Former president Donald Trump is standing for the third time for the Republican party, while current Democrat vice-president Kamala Harris is making her first White House run after the incumbent Joe Biden opted [...]
Topps Tiles acquires CTD brand and assets out of administration for £9m August 19, 2024 FTSE-listed Topps Tiles has acquired CTD Tiles out of administration for £9m as it looks to enter the housebuilding segment. The purchase included CTD Tiles’ brands, 30 stores, selected stock and customer data, Topps said. CTD, which supplied tiles to the retail, trade and commercial markets, entered administration on 19 August after a wider downturn [...]
‘Even luxury is subject to constraints’: Global prime rental growth slows August 19, 2024 After record growth in the past two years, global prime rents have cooled down to long-term levels as supply constraints start to ease and renters hit their price ceilings, according to new data. Average annual rental growth was 3.5 per cent in the 12 months to the end of June 2024, down from 7.4 per [...]
Is the UK moving in the wrong direction? Bad news for Keir as 52 per cent of Brits agree August 19, 2024 Some 52 per cent of Brits think the UK is heading in the wrong direction, according to a new poll following the general election. Pollsters at Ipsos found 22 per cent of people thought the situation in Britain was going in the right direction – down three points from a survey the previous month. It [...]
EP: 293 York – Thursday August 19, 2024 The Group One Yorkshire Oaks is the feature race on the second day of this year’s Ebor Festival. City AM Racing editor Bill Esdaile previews the best of Thursday’s racing action, looking to find some winning bets in the World Pool markets. Hosted by Chris Barnett. The Punter ‘The Punter’ has been City AM’s dedicated sports [...]
EP: 292 York – Wednesday August 19, 2024 Racing fans can always expect to see some great races at York’s Ebor Festival and on Day 1 we can look forward to the Group One Juddmonte International, run over a mile and a quarter. City AM Racing editor Bill Esdaile previews the best of Wednesday’s racing action, concentrating on some of the World Pool betting [...]
All eyes on Powell at Jackson Hole as markets look for US rate cut clues August 19, 2024 Global financial markets will be firmly focused on Jackson Hole in the Rocky Mountains later this week for hints on when the US' central bank may start lowering interest rates from a 23-year high.
How to end the American choke-hold on British tech? Stop ‘acting like an incubator’ August 19, 2024 As tech companies flee London in droves, serial entrepreneur William Reeve—whose leadership credits include Lovefilm, a trailblazer in online movie streaming, and Zoopla, a leading real estate portal —has warned the City risks becoming nothing more than an incubator for the US unless it can shift its focus beyond short-term profit. Since 2019, at least [...]
Quantexa: AI start-up boss on business after hitting Unicorn status August 19, 2024 When artificial intelligence (AI) start-up Quantexa hit unicorn status, the London-based company said it was a chance to embark on a major growth push. In April 2023, Quantexa was minted a billion dollar ‘unicorn’ after closing a $129m (£99.4m) funding round at a valuation of $1.8bn (£1.4bn). Quantexa, which uses AI to analyse financial firms’ [...]
Flagstone doubles assets under administration as UK savers chase better rates August 19, 2024 Flagstone has more than doubled its assets under administration in 18 months as the fintech savings platform cashes in on UK savers chasing better interest rates.