Bordeaux month: Here are the best clarets to celebrate September 10, 2024 September has been named Bordeaux month – it seems every grape has its own international wine day so why not dedicate an entire month to one of the most renowned and beloved wine regions in the world. Here’s what you need to know when selecting a bottle of Bordeaux red. Firstly, French wine is often [...]
Lloyds, Barclays and Natwest could weather Labour tax raid, analysts say September 10, 2024 Lloyds, Barclays and Natwest would see their 2024 profits fall by “low single digits” if the Labour government decides to raise taxes on banks in October’s Budget, according to Bloomberg Intelligence. Bloomberg analysts said Lloyds Banking Group and Natwest would likely offset the hit to their profits by repricing their loans, while they did not [...]
The Amalfi Coast is at its best in October – here’s why September 9, 2024 Mention Amalfi, and most imagine a sun-drenched romantic road trip along Italy’s famed coast, meandering through rustic towns draped in bougainvillea and cascading down mountainous cliffs towards a shimmering blue sea. A UNESCO world heritage landscape, the 34 mile stretch on Italy’s southern coast has inspired artists and writers whose creativity is fuelled by a [...]
Who’d be ambassador to President Trump? September 9, 2024 Peter Mandelson and David Miliband are rumoured to be in the frame for British ambassador to Washington, but only if Kamala Harris wins. That’s a mistake. A Trump victory would demand a diplomatic heavyweight, says Eliot Wilson By the beginning of next year, Dame Karen Pierce will have served as British ambassador to the United [...]
Bank bosses set for Downing Street summit amid windfall tax fears September 8, 2024 The bank CEOs are likely to be just as nervous about the prospect of any windfall taxes which could be announced in October's Budget.
Ukraine destroys scores of Russian drones as long-range attacks continue September 7, 2024 Scores of drones were shot down over Ukraine on Saturday as the country continues to face increased long-range bombardment from invading Russian forces. The Ukrainian Air Force said 67 drones were launched over the country overnight, with air defences active in 11 regions, including in the capital, Kyiv. Fifty-eight drones were shot down, with three [...]
Ticketmaster’s dynamic pricing is hypocrisy in action September 6, 2024 There is nothing like the shrill clatter of the hoves of hypocrisy across the cobbles of capitalism to set one’s teeth on edge. Like the squeal of chalk across the blackboard, it discombobulates in a most uncomfortable way. So just what it is that has me clenching my jaw and wishing the noise would stop [...]
Bad data holding back lending to UK’s small businesses, fintech chief warns September 6, 2024 High street banks are keen to lend more to small businesses but being held back by poor data sharing, the head of of a government-backed fintech hub has said, hailing the sector's potential to boost UK economic growth.
How Asos’ post-pandemic debt led it to sell Topshop September 5, 2024 Three years after buying the British high street brands Topshop and Topman from Phillip Green’s collapsed Arcadia empire, Asos has said it will sell 75 per cent of its stake in the brands to a joint venture with Heartland. Asos bought the brands at a buoyant time for the company when its stock was near [...]
ABF: Primark owner powers through footfall slump to deliver solid growth September 5, 2024 Primark owner Associated British Foods (ABF) has reported a “significant improvement in profitability” despite a rainy summer threatening to dampen sales. The London-listed firm, which also owns Twinings Tea and a raft of food businesses, said it expected to see increased sales across its retail, grocery and ingredients divisions during its second half ending September [...]