Fed’s rate release anticipated in busy week for markets October 29, 2023 A string of central bank decisions and important data releases will keep investors on their toes this week.
Strikes might not hurt Trainline as much as expected – here’s why October 29, 2023 Trainline will report its half-year results on Thursday, with the impact of rail strikes firmly on the mind of investors.
Supercar demand to keep Ferrari in the fast lane despite ‘softer’ third quarter October 29, 2023 Investors await Ferrari's third quarter results this Thursday to see if the Italian supercar maker can continue its impressive growth amid a cost of living crisis.
Home insurance prices forecast to rise by a third as firms hike premiums October 29, 2023 Home insurance prices are forecast to jump by more than a third in the next two years as the industry hikes premiums to keep up with the cost of claims, according to new research. Insurers posted their worst net combined ratio – measuring claims and costs as a proportion of premiums – in three decades [...]
What’s going on at St James’s Place? October 27, 2023 St James's Place has suffered a bruising couple of months — but analysts say the outlook for the firm is positive.
Gillmore Centre launches crypto dashboard to enhance monitoring of crypto assets October 27, 2023 The Gillmore Centre for Financial Technology is to launch a new crypto dashboard aimed at revolutionising monitoring capabilities.
FTSE 100 close: London slumps as Natwest shares crater after Rose review October 27, 2023 London’s FTSE 100 closed the week down almost one per cent, while Natwest’s shares plummeted on the outcome of its review into former boss Dame Alison Rose. The capital’s premier bluechip index ended the day well in the red, after showing signs of being steady throughout most of Friday. By midday it was up around [...]
Making Heathrow profitable: Three challenges for the new boss October 26, 2023 After years of lossmaking, Heathrow could be on the cusp of a turnaround and just as its new Danish chief Thomas Woldbye steps in.
Ofwat: Thames Water has ‘significant issues to address’ as industry pays £1.4bn to shareholders October 26, 2023 Water regulator Ofwat has named the four worst performing water companies, with troubled Thames Water among those being urged to address big holes in their finances. Ofwat, which oversees the water sector in England and Wales, said Thames Water, Southern Water, SES Water and South East Water need to deliver a turnaround in their financial [...]
Blockbuster US growth hits nearly 5 per cent – but what does it mean for interest rates? October 26, 2023 The US economy grew at a startling pace in the third quarter of the year as the world's largest economy continues to shrug off the impact of the Federal Reserve's interest rate hikes.