The Notebook: Victoria Scholar on the economy, Ryanair, and Spoons September 5, 2023 Do you want the good news or the bad news first? I’ll start with the good.
Haldane: Bank of England printed money for too long, and recession’s 50:50 September 4, 2023 Bank of England's former chief economist says Bank persisted 'too long' with quantitative easing - helping to fuel inflation
Wall Street edges higher following data that shows the labour market is cooling September 2, 2023 A choppy day of trading on Wall Street ended on Friday with slight gains for stocks, as the market notched its second straight winning week. The market got a boost early on from a closely watched government report that showed US job growth increased at a healthy but more moderate pace last month. The report [...]
HS2 may never open at Euston. But it might kill Drummond Street’s Indian restaurants anyway. September 2, 2023 Tehreem Riaz, 53, has lived on London’s Drummond Street almost her entire life. Known for its vibrant atmosphere and Indian cuisine, the area is home to some of the capitals’ oldest South Asian restaurants and is the birthplace of household brand Patak’s Pickles and the national Indian sweet shop, Ambala Sweets. Riaz and her parents, [...]
Why 2023 has been a year to forget for the London Stock Exchange and the capital’s equity markets September 2, 2023 Take-privates and secondary listings have damaged the reputation of the London Stock Exchange. How did we get here?
Sunak appoints UK Music chief as his new director of strategy August 31, 2023 UK Music chief executive Jamie Njoku-Goodwin is to step down from his role to become Rishi Sunak’s new director of strategy.
M&S launches legal challenge after Gove blocks Oxford Street store revamp August 31, 2023 Marks and Spencer has launched a legal challenge against the government’s decision to reject the supermarket’s plan to revamp its Marble Arch store. The high street stalwart has accused Secretary of State for Levelling Up, Housing and Communities, Michael Gove, of unfairly applying planning policy to block the redesign of its flagship store. “We [...]
Claire Coutinho replaces Grant Shapps as energy secretary August 31, 2023 Claire Coutinho has been appointed energy secretary in a promotion to a top cabinet role, amid a mini-reshuffle of the Prime Minister’s core team. It follows Grant Shapps moving over to the Ministry of Defence (MoD) after defence secretary Ben Wallace resigned from cabinet ahead of stepping down as an MP at the next general [...]
Grant Shapps replaces Ben Wallace as defence secretary taking fifth post in a year August 31, 2023 Grant Shapps has been made defence secretary, in a mini-reshuffle sparked by predecessor Ben Wallace stepping down from cabinet. It comes after Wallace announced in July he would be leaving the role and stepping down as an MP as the next election – after a political career spanning almost a quarter century. Shapps, who has [...]
Mike Ashley’s Frasers carves out 9.1 per cent stake in Boohoo as share price rises August 31, 2023 Mike Ashley’s Frasers Group has raised his stake in fast fashion firm Boohoo from 7.9 per cent to 9.1 per cent. The retail powerhouse, which owns Sports Direct and Frasers, had previously carved out a smaller stake in the company earlier this summer. The company previously said the move with Boohoo could lead to collaborations [...]