Bob Diamond says Barclays should be ‘radical’ on investment bank amid calls to ditch division January 7, 2024 Former Barclays chief executive Bob Diamond has called on the lender to be “radical” with its investment bank by either putting more money into the business or selling it.
Quitting net zero tsar Skidmore is wrong on North Sea oil and gas, says Hunt January 6, 2024 The Chancellor has hit back at the former net zero tsar after he quit the Conservatives over the Government’s decision to increase domestic oil and gas drilling. Jeremy Hunt said he “profoundly” disagrees with Chris Skidmore’s reasons for resigning as an MP, with the former energy minister’s exit due to trigger another challenging by-election for [...]
More misery for London retail as footfall flatlines January 5, 2024 London retailers took yet another battering over December as footfall fell -1.4 per cent on a year-to-year basis, according to new figures from the British Retail Consortium (BRC). Festive cheer did not appear to be enough to drag shoppers back to the capital’s high streets, with the figure widening from -0.4 per cent the [...]
Apple faces second downgrade, shares hit eight-week low January 5, 2024 Apple is grappling with a challenging start to the new year as concerns about iPhone sales lead to a second downgrade within just one week. Piper Sandler’s recent rating downgrade caused a substantial drop in Apple’s shares, hitting an eight-week low on Thursday. Harsh Kumar from Piper Sandler & Co. has downgraded his rating on [...]
Mark Kleinman’s 2024 bold predictions: A BP bid, a new gig for Rose and much, much more January 4, 2024 Mark Kleinman gets the City of London talking - and his ten bold predictions for British business in 2024 will certainly do that
Moving markets: What’s shaping the FTSE 100 today January 4, 2024 Moving Markets Today: Asia Tracks Wall Street Decline, Oil Prices Rise on Middle East Supply Concerns, China’s December Services Surge, Spotlight on UK Services PMI and U.S. Labor Market Data Global markets declined as U.S. stocks faced profit-taking after a strong 2023 finish. Asian markets followed suit on the heels of the Fed signalling a [...]
Brits urged to act as a quarter have never switched savings account despite record rates January 3, 2024 Savers have been urged to be more proactive as new research shows that nearly a quarter have never switched to a different savings account or opened an additional one.
UK nuclear power crashes to 40-year low in 2023 January 3, 2024 Hinkley Point C could meet the energy needs for six million homes
Moving Markets today: FTSE 100 in red to begin the year but oil rises January 3, 2024 Moving Markets Today: Asia Stocks Mirror Wall Street Decline, Apple at Seven-Week Low, Oil Prices Rise; Focus Shifts to Fed Minutes, U.S. Jobs Report, and Eurozone Inflation
‘Private discussion’ had but no job offer made to Dominic Cummings – Downing Street January 2, 2024 No job offer was made to Dominic Cummings during a meeting with Rishi Sunak, Downing Street has said. The former Vote Leave campaign director previously claimed the Prime Minister had sought a “secret deal” with him in a bid to win next year’s election. The Prime Minister’s official spokesman said a “private political discussion” had [...]