FTSE 100 closes above 8,300 barrier amid global rally May 7, 2024 London's FTSE 100 posted a new intraday record on Tuesday amid a global stock market rally driven by renewed optimism on interest rate cuts from major central banks.
Meet the London-based financier reviving Sampdoria, sleeping giant of Italian football May 7, 2024 A year ago, Sampdoria were at their lowest ebb. Enter Matteo Manfredi.
FTSE 100 today: London markets to scale to new highs on growing rate cut bets, riding global rally wave May 7, 2024 Asian markets surged in line with Wall Street's positive trend, while oil prices rose after Israel's strike in Gaza. Gold prices also climbed amid geopolitical uncertainties. Australia's central bank holds the cash rate at 4.35 per cent. Investors are now focused on the Bank of England (BoE) policy decision and UK GDP data for further market cues.
Bank of England to hold rates again – but it could signal a summer cut is on the cards May 6, 2024 The Bank of England is set to leave interest rates on hold again on Thursday, but policymakers could signal a willingness to cut rates in the near future if inflation continues to fall.
Aldi faces £3.7m legal action by British Brussels sprout supplier May 6, 2024 German supermarket giant Aldi has been hit with legal proceedings by a Yorkshire-based Brussels sprout supplier over being de-list with no reason
HSBC scraps bonus cap for hundreds of top UK bankers after tense annual meeting May 3, 2024 HSBC shareholders have waved through the lender's proposal to remove an EU-imposed bonus cap, paving the way for it to hand bigger payouts to hundreds of top UK bankers, after a tense annual meeting dominated by questions over its pension policy and green finance.
Palestine Protest: Students, Corporates & Where it’s Going May 2, 2024 A Pro-Palestine protest has hit university campuses across the U.S., including Columbia, NYU, Harvard Law, Yale, Emory, Georgia Tech, University of Texas, Washington, and Michigan among others. This comes after similar student protests called for the Canadian Big 5 Banks to divest from Elbit Systems last month. Activist campaigning has skyrocketed following the events of [...]
BT taps Blackstone boss to lead communications team May 2, 2024 British telecoms firm BT has tapped top Blackstone executive Stephen Lewis to join its executive management team and lead all communications.
Quilter boss: Why Westminster needs to keep its ‘tinkering’ hands off the City May 2, 2024 Every week, Charlie Conchie sits down with the biggest movers and shakers in financial services. This week it’s Steven Levin, chief executive of wealth manager Quilter
Banking stocks are back: Natwest leads FTSE 100 in 2024 as lenders beat expectations May 2, 2024 Just three months after Bank of England governor Andrew Bailey called their weak share prices a “puzzle”, the UK's biggest banks have buoyed investors with impressive returns.