The Notebook: Jimmy McLoughlin on Morocco’s future and the pleasing results of a stand-up comedy course September 28, 2023 Today, former Downing Street adviser and host of podcast Jimmy’s Jobs Jimmy McLoughlin takes the Notebook pen Morocco: A bridge for Africa Morocco was devastated by the earthquake that occurred on 8 September and caused human and material losses in various regions of the kingdom. Naturally, writing a column like this makes me think about [...]
FTSE 100 close: London markets dip as Ithaca share price up on Rosebank approval September 27, 2023 London’s FTSE 100 index dipped on Wednesday as the pound continued its losses, and the government approved the UK’s largest untapped oil field, Rosebank. The capital’s premier bluechip index dipped 0.46 per cent to 7,590.96, while the FTSE 250, which is more aligned with the UK domestic market, fell 0.6 per cent to 18,227.33. Markets [...]
HS2: Five Labour mayors including Burnham and Khan to demand PM keeps project on track September 27, 2023 Five Labour mayors will gather in Leeds to issue a joint plea to the Prime Minister not to cut HS2 further. Rishi Sunak is facing a political backlash over reports he is weighing axing the Birmingham-Manchester leg of HS2 amid soaring costs. On Tuesday, Home Office minister Chris Philp said Mr Sunak was reviewing how [...]
Sunak’s net zero pragmatism must include plan to beat nimbys after Sizewell C fiasco September 25, 2023 Government hopes of finally luring investors to proposed nuclear power plant Sizewell C were dealt a fresh blow last week.
Asos: All eyes on pandemic poster child’s turnaround results September 24, 2023 Investors will turn their focus to online retailer Asos’s trading update on Tuesday to see if the digital fashion store has shown signs of a rebound, following its ongoing turnaround plan and bid to pick up the pieces after a post-pandemic lull. Asos was once the poster child of pandemic success, at its height buying [...]
Wall Street suffers more pain at end of worst week in six months September 23, 2023 Wall Street wheezed to more losses on Friday as it limped to the end of its worst week in six months. The S&P 500 slipped 9.94 points, or 0.2%, to 4,320.06 after a late-day swoon erased a modest gain it had held for most of the day. It capped an ugly slide caused by Wall [...]
Sunak reportedly considering ‘outlawing cigarettes for the next generation’ September 23, 2023 Downing Street has not denied reports that the Prime Minister could accept a recommendation that would effectively ban cigarettes for the next generation. Rishi Sunak is considering introducing some of the world’s toughest anti-smoking measures by steadily increasing the legal age for consuming tobacco, according to The Guardian, which cited Whitehall sources. Last year a [...]
Ukraine ‘launches missile strike on headquarters of Russia’s Black Sea fleet’ September 22, 2023 Ukraine has carried out a missile strike on the headquarters of Russia’s Black Sea fleet, with one serviceman missing, the Russian defence ministry has said. The Russian-installed governor of Sevastopol, Mikhail Razvozhayev, said no one was injured outside the burning headquarters but did not provide information on other casualties. Firefighters battled the blaze and more [...]
Retailers put all their chips on inflation cooling during golden Christmas run-up September 22, 2023 A better than expected inflation reading, and growing consumer confidence and sales, have offered a glimmer of hope for the UK’s retail sector, as they turn their focus to the vital Christmas trading months. According to today’s ONS figures, retail sales volumes rose by 0.4 per cent in August 2023, partially recovering from a fall [...]
Wall Street: US stocks plunge on fears that interest rates will stay high September 22, 2023 Wall Street fell sharply in an ugly day for stocks worldwide on expectations that US interest rates will stay high well into next year. The S&P 500 lost 1.6 per cent for its worst day since March. That followed a drop of 0.9 per cent from Wednesday after the Federal Reserve indicated it may cut [...]