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  • Labour demands Truss and Anderson lose whip as pair rebuked by senior Tory

    February 24, 2024

    Labour has called for Liz Truss and Lee Anderson to lose the Conservative whip over media appearances that also caused anger within Tory ranks. In a letter to Prime Minister Rishi Sunak on Friday, shadow paymaster general Jonathan Ashworth said “egregious” remarks made by the pair “cannot go unchecked or unchallenged”. Truss had used a [...]

  • Who is buying London’s mansions? 60 per cent go to wealthy buyers from four countries

    February 23, 2024

    The super-prime market in London is booming. More mansions in the capital are being sold, for higher prices, to an increasingly international base.  In 2023, sales of super-luxury new-build London apartments rose by 137 per cent to an average of £4,306 per square foot, according to Beauchamp Estates. Supply of luxury houses has also been boosted by an influx [...]

  • FTSE 100 close: London joins Nvidia fuelled rally following strong PMI

    February 22, 2024

    FTSE 250, which is more aligned with the UK's domestic market, was in the green around 0.27 per cent up, with Indivior's shares at +18 per cent.

  • FTSE 100 close: London powers into the green after retail rebound, Natwest shares soar

    February 16, 2024

    "Market sentiment is being buoyed by better-than-expected retail sales," Sophie Lund-Yates, lead equity analyst, Hargreaves Lansdown.

  • Close Brothers faces uncertain future as FCA motor finance probe sparks crisis

    February 15, 2024

    Close Brothers shares collapsed on Thursday after it cancelled its dividend for the current financial year and announced that 2025 payouts would be placed under review amid a City watchdog probe into motor finance - a major part of its business model.

  • Barclays reportedly considering bid for Societe Generale’s UK private bank

    February 15, 2024

    Barclays is reportedly weighing up a bid for Societe Generale’s UK private bank as part of efforts to diversify its business model.

  • Close Brothers shares collapse after FCA auto finance probe forces it to scrap dividend

    February 15, 2024

    Shares in Close Brothers have collapsed after it scrapped dividend payouts for the current financial year and put 2025 rewards under review, with the group bracing for potential compensation costs from a motor finance review by the City watchdog. The news sent the group’s shares down 28 per cent in London on Thursday morning. Close [...]

  • By-elections are circuses of democracy, it’s time to give them up

    February 15, 2024

    By-elections may capture the national imagination, but they often do more harm than good, writes Will Cooling.

  • Jamie Oliver chef: Critics should have waited longer before reviewing London restaurant

    February 14, 2024

    Critics should have waited longer to review the food at Jamie Oliver's new restaurant, says the head chef

  • All you need to know about the upcoming by-elections

    February 13, 2024

    Three by-elections are taking place this month, in the latest test of the strength of Rishi Sunak’s government.

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