How to cure the City’s depression? Some retail investor therapy February 16, 2024 The London Stock Exchange needs wide reform, but recentering the role of retail investors could be a shot in the arm, writes Fraser Thorne.
FTSE 100: London markets rise as UK recession and poor retail sales bolster hope for interest rate cuts February 15, 2024 The UK economy shrunk 0.1 per cent in December meaning it contracted 0.3 per cent over the fourth quarter of last year, a worse performance than economists had expected.
Lidl wants to build one if its biggest ever supermarkets and 71 homes at Bingo site in Greenwich February 15, 2024 Lidl wants to construct 71 new homes and a 31,000 sq ft supermarket at the site of a former Mecca Bingo site in Greenwich, in its latest tactic to secure planning permission for a new site in London. The supermarket, proposed to be located on the first and group floor of the building, would be [...]
Fintech Checkout racks up £100m losses after creating 300 jobs February 15, 2024 Checkout.com, one of the most valuable fintechs in Europe, haw seen its losses widen by over 400 per cent to more than £100m, it has been revealed.
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.
Oxford Street: Derelict House of Fraser site to get £132m revamp – with new offices and a swimming pool February 15, 2024 House of Fraser’s former flagship site on Oxford Street is set to undergo a £132m transformation, which will bring new offices and a swimming pool to the retail drag.
AO saves more than 70 jobs at mobile phone retailer which entered administration February 15, 2024 AO has saved more than 70 jobs after acquiring certain assets from a mobile phone retailer in administration.
FTSE 100: London markets rise after inflation comes in unexpectedly steady February 14, 2024 The daily London update: Moving news from the FTSE 100 and around the world from City A.M.'s newsroom in the heart of the Square Mile.
The Debate: Do too many people go to university? February 14, 2024 Half Britain's youth go to university, but many end up in jobs which they're overqualified for and saddled with debt. So should less young people head off to uni?
Hunt facing clash with the City as Treasury doubles down on share tax February 14, 2024 The Chancellor Jeremy Hunt is facing a potential clash with the Square Mile in the coming weeks after the Treasury doubled down on an unpopular tax on share trading yesterday.