Government borrowing exceeds estimates as public sector spending jumps August 21, 2024 Monthly borrowing figures will be closely watched over the coming months for clues about how much Labour will raise taxes in October's Budget.
Gold hits record high on hopes of Fed rate cut August 20, 2024 The price of gold hit an all time high of $2,513.79 (£1,932.87) per ounce on Tuesday morning as investors hope the US central bank will cut interest rates. The surge in the price of the precious metal, a safe haven asset for investors due to its real world use cases and widely held intrinsic value, [...]
JP Morgan nudges up UK growth forecasts after latest GDP figures August 20, 2024 JP Morgan bumped up their growth forecasts for the UK economy in the third quarter of this year following last week’s GDP figures. The investment bank now expects the economy to grow 0.4 per cent between July and September, up from a previous estimate of 0.3 per cent. This equates to an annualised growth rate [...]
Rick Stein-owned group to open new restaurant in central London after return to profit August 20, 2024 The Stein Group, founded and co-owned by Rick Stein, has announced plans to expand to central London after making its way back into profit last year. Stein’s has reportedly begun the search for a central London site for its thirteenth restaurant. It currently operates twelve eateries across the south of the country, with one already [...]
Compulsory liquidations hit highest level in almost six years August 20, 2024 New figures from the Insolvency Services showed that there were 320 compulsory liquidations in July, the highest number since before the pandemic.
Maritime surveillance firm Windward narrows losses as global trade rebounds August 20, 2024 The results came in line with recently upgraded market expectations and Windward said it was "confident" in achieving break-even adjusted EBITDA in 2024.
Mike Lynch and other missing yacht passengers feared dead August 20, 2024 The Italian coastguard has started its second day of searching for survivors of a sunken superyacht off the coast of Sicily, including the tech media mogul Mike Lynch and Morgan Stanley boss Jonathan Bloomer
The Notebook: So, when does Labour actually become pro-business? August 20, 2024 The honeymoon is over, Labour needs to start walking the walk when it comes to being pro-business, writes Michael Martins.
US election 2024: All you need to know about the Democrat Party convention August 19, 2024 In just three months time, US voters will be heading to the polls to cast their ballots in the 2024 presidential election. Former president Donald Trump is standing for the third time for the Republican party, while current Democrat vice-president Kamala Harris is making her first White House run after the incumbent Joe Biden opted [...]
Mike Lynch: British tech mogul among missing after yacht sinks off Sicily August 19, 2024 One person has died and six are missing, including British tech mogul Mike Lynch, after a superyacht capsized off the coast of Sicily in the early hours of Monday morning.