Sliding tech stocks weigh on Wall Street August 31, 2021 US stocks slipped today as poor performances among technology heavyweights weighed heavily on Wall Street’s main benchmarks. The tech-heavy Nasdaq slipped 0.10 per cent to 15,250.36 points, led down by losses among Apple, Microsoft and Amazon. The blue-chip S&P 500 and the Dow Jones both inched up, rising 0.02 per cent and 0.08 per cent [...]
Working Lunch: Isabel is as bouji and buzzy as anywhere in Mayfair August 27, 2021 In the decade I have lived in London, I must have walked down Albemarle street a hundred times. And, gun to my head, I would have sworn that Isabel had always been there. Despite opening in 2017, it has the feel of a classic Mayfair restaurant-cum-nightclub, with a neat row of understated outdoor seats giving [...]
How to mix: The Tomatini, AKA the spirit of the South of France August 26, 2021 The story of the Tomatini starts at the Plage de Passable in St Jean Cap Ferrat, the swanky neighborhood next to Nice on the French Riviera. The Plage or beach is just below the home of Arjun Waney, our chairman and founder and it’s where he spent most of his days during July and August [...]
Just Eat to create 1,500 new jobs in Sunderland August 25, 2021 Just Eat has announced it will create more than 1,500 new customer service jobs in Sunderland as part of a £100m investment in the North East. The British food delivery giant said that recruitment for the roles is underway with 300 positions already filled. The multi-million pound investment will fund a 20,000 square meter workspace [...]
Just Eat and ITV set to be booted from FTSE 100, while Morrisons and Meggitt could be added August 25, 2021 Takeaway delivery service company Just Eat Takeaway.com is set to be booted from the FTSE 100 after the index’s watchdog ruled it was a Dutch rather than a British company. FTSE Russell, the global index provider that recommends which listed companies should join or be removed from London’s premier index, ruled that Just Eat should [...]
The award for London’s least hygienic borough to eat goes to… August 21, 2021 Waltham Forest is the most unhygienic London borough in which to eat, according to new research shared with City A.M. this afternoon. The area tops the list as London’s least hygienic borough for food as 13.2 per cent of its businesses received a rating of 2, meaning improvements are necessary, while 1 which means major [...]
US stocks resist following FTSE lower as markets digest Fed minutes and oil rout August 19, 2021 Wall Street resisted the European market rout that sent the FTSE falling today and opened broadly flat today as investors digested news that the US Federal Reserve may tighten monetary policy this year. The S&P 500 edged down to 4,399.90 points, while the Dow Jones slipped to 34,944.70 points. Concerns about a possible earlier than [...]
Wall Street opens flat as investors await Fed minutes August 18, 2021 Wall Street’s main benchmarks opened broadly flat today as investors held back from making any sudden moves until after the publication of minutes from the Fed’s latest Federal Open Market Committee meeting. The blue-chip S&P 500 edged 0.07 per cent higher to 4,450.73 points, while the Dow Jones inched down 0.07 per cent to 35,321.59 [...]
UK inflation drops to two per cent in July August 18, 2021 Inflation in the UK dropped in July, driven by sharp falls in prices for clothing and footwear as retailers sought to stimulate demand by slashing prices amid the traditional summer sale season, according to official figures released today. The Office for National Statistics said prices rose two per cent over the last year, down from [...]
Triple-lock: How Boris and Rishi can both have their cake and eat it August 18, 2021 Is the triple-lock on its last legs? That question seems increasingly relevant in Whitehall. Average earnings rose by 8.8 per cent last month, including bonuses, according to figures published by the ONS yesterday. Moreover, earnings figures released next month are expected to set next year’s increase in the State Pension. So why is this relevant? The [...]