Wall Street climbs and Dow rises more than 300 points as stocks worldwide rally September 15, 2023 Wall Street rose on Thursday after a blizzard of reports suggested the US economy is still humming, though inflation may be too. The S&P 500 climbed 0.8 per cent for its best day in two weeks. The Dow Jones Industrial Average rallied 331 points, or 1 per cent , and the Nasdaq composite added 0.8 [...]
Nearly every London train service now less punctual than last year September 14, 2023 Nearly every train service in London is now less punctual than last year, according to industry watchdog the ORR.
M&S turned it around and is now in FTSE 100. Here’s why John Lewis is so far off September 14, 2023 The John Lewis Partnership has had a torrid day, following an announcement it will push its turnaround plan back by two years. It’s the latest bit of bad news that has seen it fall further behind rival Marks and Spencer, whose high street revival recently raised its profit outlook after pivoting towards clothing and homeware. [...]
Another HS2 mess: Downing Street refuses to guarantee it will run to Manchester September 14, 2023 Downing Street has refused to guarantee the HS2 railway line will run to Manchester as planned.
Discover London’s new-look boutique insurance experts September 14, 2023 If you happened to be walking by Fenchurch Street recently or using London’s commuter network, you may have seen the name ‘Meridian’ glowing from various billboards. You may even have received your own branded beer mat. If that’s the case and you were wondering “What was all that about?”, you were simply part of the [...]
Funding Circle chief Lisa Jacobs: Lending through a crisis – and looking toward the US September 14, 2023 It’s not been a quiet few years for small business lenders. When covid struck in 2020, a host of non-banks found themselves thrust into the public consciousness alongside the big High Street lenders as small companies scrambled for a cash lifeline through lockdowns. The reception was a largely positive one; some even took on something [...]
Mark Kleinman: The inquest into Wilko’s demise has only just begun September 14, 2023 Mark Kleinman is City editor at Sky News Inquest into Wilko’s demise has only just begun Few things elicit British consumers’ sentimentality like the imminent disappearance of a once-proud high street name. For Woolworths in 2009 and BHS in 2016, read Wilko in 2023. The sad fate of more than 10,000 employees at the family-owned [...]
Mark Kleinman: Wilko’s demise, the FTSE chair merry-go-round and Bink’s breakup with Barclays September 14, 2023 Mark Kleinman gets the Square Mile talking in his weekly column for City A.M.
France’s Macron set to meet Starmer as Labour bids to boost global standing September 13, 2023 Emmanuel Macron is reportedly set to host Sir Keir Starmer next week for a meeting in Paris, as the Labour leader seeks to boost his international standing ahead of the next general election. Labour has not yet confirmed reports that Sir Keir and the French President will meet, after reports that a meeting in the [...]
UK vape ban slammed as ‘own goal’ for the government September 13, 2023 Industry groups have slammed a looming government plan to ban disposable vapes, warning it is a threat to public health.