FTSE 100 close: London ends week down after US jobs figures February 2, 2024 US tech stocks dominated overnight news, all eyes will turn to US non-farm payrolls report, which are out at 1.30pm.
Apple: China takes a bite out of numbers but tech giant beats consensus February 2, 2024 Apple missed sales estimates in China but held on to profits elsewhere, it told its investors on Wall Street last night
January sales fail to impress shoppers as London footfall disappoints February 2, 2024 January was another disappointing month for London retailers as shoppers steered clear of the high street. A new report by the British Retail Consortium (BRC) showed footfall across the capital declined by 1.7 per cent at the start of the month. This has widened from a fall of 1.4 per cent recorded in December. With [...]
Tech giants Meta and Amazon drive tech rally; Apple suffers from China woes February 2, 2024 Meta surged 15% post-market on strong revenue, dividend, and a $50 billion buyback; Amazon rose 7% on solid earnings and AWS growth; however, Apple fell 3% on a China sales miss and revenue forecast drop.
Supersize vapes and fake designer goods seized in £55k raid on Oxford Street candy store February 1, 2024 Illegal supersize vapes, fake designer mobile phone covers and sweets with additives banned in the UK were among items seized by London law enforcement following a £55k raid on one of the West End’s American Candy Stores.
Small Business Council formed to give SMEs a ‘voice’ in Government, Badenoch says February 1, 2024 The Government has announced the formation of a Small Business Council and a Help to Grow website update in an effort to help SMEs grow.
Cazoo: The full story of how online car retailer went from $8bn valuation to staring into the abyss February 1, 2024 The online car retailer, Cazoo, just three years old at that point in August 2021, was now worth $8bn, having decided to snub London and float across the pond.
Will it come quickly? Deliveroo ties up Ann Summers for Valentine’s Day deliveries February 1, 2024 Deliveroo says it will come quickly this Valentine's Day so customers don’t.
Banks facing squeezed margins? ‘Fetch me a smaller violin’, Treasury committee chair says February 1, 2024 Following pressure from the Treasury Committee, the Financial Conduct Authority (FCA) intervened over the summer, prompting high street banks to offer better rates. All over? Not exactly.
Santander UK rides out interest rate peak but expects further mortgage weakness January 31, 2024 High street lender Santander UK has reported a jump in annual profits as it rode out the end of an interest rate spike, while weakness continued in the mortgage market.