How Sir Richard Branson’s Virgin Group makes money and what it’s worth today March 21, 2024 City A.M. has taken a look at what Virgin Group still owns and what companies pay to use the brand's name.
Virgin Money agrees to £2.9bn Nationwide takeover March 21, 2024 The board of Virgin Money has accepted a £2.9bn takeover offer from high street rival Nationwide to create the UK's second-largest provider of mortgages and savings.
Greggs IT glitch knocked 13 million sausage rolls-worth off its value today March 20, 2024 An IT glitch that temporarily stopped Greggs from using its card machines wiped millions of pounds off the company's value today.
FTSE 100 today: Inflation data and US Fed policy decision to set footsie’s course March 20, 2024 Asia's markets were mixed, while China’s central bank maintained steady loan prime rates. The rally of Bitcoin and Ether takes a breather. Investors focus on UK inflation data and the upcoming US Federal Reserve meeting for insights on future interest rate policies.
One year on from Credit Suisse deal, $100bn UBS finally has the scale to take on Wall Street March 19, 2024 Swiss banking giant UBS has reinforced its status as one of the world's leading wealth managers after its market capitalisation sailed past $100bn shortly before the first anniversary of its landmark deal to acquire rival Credit Suisse.
The Notebook: Metro Bank’s cost-cutting drive spells trouble for challengers March 19, 2024 Victoria Scholar takes the Notebook pen to talk Metro Bank's troubles, relief in China and swoops for Selfridges.
FTSE 100 today: London markets set for quiet kickoff ahead of data-heavy week March 19, 2024 Markets saw volatility as Japanese stocks fluctuated following the Bank of Japan's decision to scrap negative interest rates, leading to a weaker yen. Meanwhile, Australia's central bank maintained rates at 4.5 per cent, with focus shifting to upcoming policy decisions from the US Federal Reserve and the Bank of England.
Time for tea? Barack Obama visits Rishi Sunak at No10 March 18, 2024 Former US president Barack Obama has met with Rishi Sunak in a “courtesy visit” to Downing Street.
From mountains to canyons: USA the smart way, on the Rocky Mountaineer train March 18, 2024 This new luxury US Rocky Mountaineer train connects the city of Colorado with its beautiful, abundant nature, says Megan Eaves “Look, bald eagle! Flying right above the Fraser River!” The excited shouts stir me from a gentle lull and I look out of the right-hand window to see the majestic bird with its signature whitefeathered [...]
Watch theft wave continues – with £1.5bn-worth lost or stolen in one year alone March 18, 2024 A sharp rise in theft has driven a more than threefold increase in the number of watches recorded as lost or stolen over the last 12 months, according to new data, as the value of missing timepieces hits £1.5bn.