FTSE 100 live: London ends week deep in the red on back of Israel-Gaza war, borrowing and retail figures October 20, 2023 London’s FTSE 100 ended the week deep in the red following disappointing retail figures and falling but still very high, public borrowing stats. The capital’s premier bluechip index was 1.31 per cent down by the close, at 7,401.30, while the FTSE 250, which is more aligned with the domestic market, dropped to 0.9 per cent, [...]
“You’ve got one job”: Investors wants answer on London Stock Exchange outage October 20, 2023 Investors are looking for a “quick answer” today after the London Stock Exchange was hit by a technical incident which halted trading in hundreds of smaller stocks on Thursday. Normal trading has resumed on the bourse this morning after trading at the smaller end of the market was curbed by the incident yesterday, although bigger [...]
Port charges making decarbonisation ‘uneconomical’, says rail freight boss October 19, 2023 The boss of one of the UK’s biggest rail freight operators has bemoaned high loading charges levied by ports as “uneconomic” for the sector.
FTSE 100 close: Israel Gaza war concerns weigh down London markets again October 19, 2023 London's FTSE indexes dipped in opening trade on Thursday as continued concern over possible escalation in the Middle East left investors feeling cautious.
TfL and Westminster join forces with business to lure shoppers back to The Strand October 19, 2023 A new taskforce will be set up to boost footfall to London's historic Strand district after home working trends hit retailers.
Green light given for new Tower Hill sustainable tower as demand for office space rebounds October 19, 2023 The green light has been given for a new sustainable office building in Tower Hill, as demand for space in the Square Mile continues to rise.
Disinterest in trade jobs could see UK miss out on £98bn of growth, B&Q boss warns October 19, 2023 B&Q's owner stressed the importance of training up people in trade roles such as plumbing and electrics to address the shortfall.
Stansted boss: Scrap the ‘tourist tax’ to keep London competitive October 18, 2023 The boss of London Stansted Airport has called on the government to scrap the so-called tourist tax in order to keep London competitive.
Jupiter warns of ‘challenging’ landscape as assets fall and outflows tick up October 17, 2023 Funds group Jupiter warned economic uncertainty was continuing to weigh on investors’ appetite today as it reported a dip in its managed assets in the third quarter of the year.
The Notebook: Why I’m running to be a City Alderman October 17, 2023 Where the City’s movers and shakers get a few things off their chest. Today, executive search firm CEO Michael Barrington-Hibbert takes the pen From street trader to Alderman? Weaved into the heartbeat of the City, I’ve spent the last several months speaking to folks who work and do business in the Square Mile about what they love and what they’d like to change. [...]