Tax cuts to be saved for spring as Hunt preps ‘dour’ autumn statement November 13, 2023 The autumn statement is unlikely to feature any big ticket tax cuts despite the UK's finances being in a better position than expected.
LSEG boss: We’re more than just a stock exchange November 12, 2023 Ahead of the firm’s capital markets day on Thursday, London Stock Exchange Group boss David Schwimmer is keen to show that the firm is more than just the home of the FTSE 100 index.
Klarna hits back at Moody’s over buy now pay later warning November 12, 2023 Klarna has hit back at a Moody's report, saying its characterisation of the riskiness of buy now pay later debt seems to “lack nuance”.
US bank stocks fall to record low against S&P 500 as sector hurts from bond crash November 12, 2023 US bank stocks have plunged to an all-time low relative to the S&P 500 index as lenders continue to feel the impact of the banking crisis that erupted earlier this year.
US inflation to attract attention as traders look for hints on Fed’s rate path November 12, 2023 Tuesday's US inflation report will be the highlight of a busy week for markets that will also include a health check on the state of the US consumer.
Blockchain and Web3 keep coming up with solutions to problems November 11, 2023 Dr Chris Kacher explains how blockchain - the beating heart of Web3 - can present answers before we even know the question.
Sluggish housing market hits homebuilder Redrow November 10, 2023 Redrow stuck by its guidance on Friday but warned that the results will be towards the lower end of the range it had previously given as the market was “subdued” this autumn.
FTSE 100 close: London ends week deep in the red as Diageo shares crash after GDP flat November 10, 2023 No firms on the FTSE 100 rose by more than one per cent after the open on a sluggish morning with few corporate results, as Diageo' share price plummeted by more than nine per cent.
London Stock Exchange Group boss: IPOs will return (when the world calms down) November 10, 2023 London’s sluggish IPO market will bounce back as a rapid rate hiking cycle begins to slow and global jitters over inflation and political instability settle, the boss of the London Stock Exchange Group (LSEG) has said. New flotations have fallen off a cliff this year as firms shelve plans to shift on the public markets [...]
GDP: When is no growth in the economy a good thing? November 10, 2023 Ministers may have breathed a sigh of relief today as the UK economy narrowly dodged recession in the third quarter of the year after eeking out minor growth in September and August.