Royal Bank of Scotland teeters on edge of profit for first time in a decade as British big bank results season begins February 18, 2018 Investors will be on tenterhooks this week to see if Royal Bank of Scotland (RBS) has returned to profit for the first time after a decade in the cold, as Britain’s biggest banks report their full-year results. City analysts expect a net income loss of £984m, according to an average of estimates from S&P Global [...]
Jos Buttler tells England to “improve fast” after suffering a third straight Twenty20 defeat against New Zealand February 13, 2018 Stand-in England skipper Jos Buttler rued fine margins after his side slumped to their third successive Twenty20 defeat against New Zealand, leaving their chances of reaching the tri-series final in serious doubt. In their previous two defeats to Australia it was England’s batting that failed them, but on this occasion, on a bouncy Wellington pitch, [...]
The Long Weekend review: The Grove in Hertfordshire is the countryside escape that’s only 20mins from London February 9, 2018 The weekend The Grove hotel and country retreat offers all the trimmings of a weekend getaway but without the Friday night journey from hell out of London. You can be on the terrace with a G&T in less time than your average daily commute. Where Just a 20 minute train ride from London in Hertfordshire, [...]
S&P 500’s 4% fall: How the US stock market has performed after big one day losses February 6, 2018 The US stock market falls this week will have understandably unnerved investors the world over. The S&P 500 fell 4.1 per cent on Monday, the largest one day fall since August 2011, when markets feared contagion from the European sovereign debt crisis. Today, the concerns are less profound and actually stem from a bright economic [...]
Asian markets plunge after record Wall Street losses on the S&P 500 and the Dow Jones Industrial Average February 6, 2018 Stock markets in Asia and the Pacific region plunged on Tuesday morning as the global equity rout continued for a third day. Japan’s Nikkei 225 suffered a huge 4.73 per cent loss in Tuesday trading, its worst points fall since 1990, according to London Capital Group, after both the S&P 500 and the Dow Jones [...]
Bloodbath: Bonmarche, Carpetright and Dignity share prices plummet more than 20 per cent January 19, 2018 Shares in two of the UK’s largest companies fell more than 40 per cent this morning, after they put out disappointing trading updates. Carpetright fell 44.1 per cent to 90p in early trading, while Dignity shares lost 51.3 per cent, falling to 933.5p. Meanwhile retailer Bonmarche also plummeted by 24 per cent to 96.1p in [...]
London consumers are set to splash out on Boxing Day sales, according to Barclaycard December 23, 2017 Consumers across the UK are set to top last year’s Boxing Day spending totals, with Londoners splashing out the most, according to Barclaycard. Boxing Day is predicted to be the most popular shopping day of the Christmas period, with a third of shoppers planning to buy discounted goods up from a quarter last year. In [...]
Jumanji review: Not quite a rumble in the jungle, but a good stir nonetheless December 21, 2017 Jumanji, an entertaining enough 1995 film about rampaging jungle animals that definitely exists on a VHS cassette in your attic somewhere, embedded itself into the pop culture fabric thanks to its now-terrible, but then-mind blowing CGI effects. Effervescent clown-person Robin Williams helped too, as did the kitschy cryptic allure of the central board game’s [...]
Black Friday, inflation, and leisure spending threaten retailers in make or break week before Christmas December 18, 2017 Retailers are facing a make or break week in the run-up to Christmas, as City analysts warn that a last-minute dash may not be enough to rescue a disappointing December. Dismal footfall figures seen by City A.M. reveal that visits to high streets fell year-on-year by almost 11 per cent between Sunday and Friday last [...]
White Christmas: Is London to miss out? And will air, road and railways be disrupted? December 16, 2017 Despite temperature gauges plunging into negative territory of late, above average temperatures in the days before Christmas mean snowfall is not likely, forecasters say. From this Thursday (21 December) a drier front is set to sweep across the south of England under cloudy skies. This contrasts with the north of the UK, which has the [...]