Klarna global boss doubles down on UK investment despite regulation uncertainty September 5, 2023 Buy-now pay-later giant Klarna will double down on a UK investment drive despite lingering uncertainty around a clampdown on the sector by regulators this year, its global chief has pledged. Sebastian Siemiatkowski, founder and chief of the Swedish fintech, told City A.M. that the UK remained a key market for the firm despite a push [...]
Top London bars to drink organic wine September 5, 2023 September has been deemed Organic Month, so it seems only fitting to talk about the trend for organic wines. The idea of organic wine used to be met with suspicion – but those funky tasting bottles are thankfully a thing of the past. Now we have widely available, quality organic, biodynamic and natural wines, although [...]
London tourism revival gets boost as Pocket Planet latest to land in Oxford Street September 5, 2023 Oxford Street’s continued revival has been given another vote of confidence, with the launch of miniature world specialists Pocket Planet as the latest to take up a spot in the West End. Retail leaders have heralded plans to open its 30,000 square foot indoor world as proof of the capital’s investment attractiveness, and big brands’ [...]
Tourist tax must go, urge business leaders in last-minute plea to MPs September 5, 2023 A group of business leaders, including Gatwick Airport’s chief executive, have backed a letter by BusinessLDN making a final call to the government to scrap the so-called “tourist tax” days before the issue is set to be debated in parliament. The lobby group, which represents some of London’s biggest firms, has asked Chancellor Jeremy Hunt [...]
Tourist tax: Battersea Power Station boss urges UK to scrap levy September 3, 2023 The government is under more pressure to scrap the so-called tourist tax, after fresh criticism from the boss of Battersea Power Station.
Why 2023 has been a year to forget for the London Stock Exchange and the capital’s equity markets September 2, 2023 Take-privates and secondary listings have damaged the reputation of the London Stock Exchange. How did we get here?
London business confidence hits highest level since May last year August 31, 2023 Business confidence in London surged to its highest level since May last year, as firms around the country were increasingly optimistic about the UK economy. Business confidence in London rose 20 points during August to hit 52 per cent, according to the latest Lloyds Business Barometer. Some 56 per cent of firms were confident in [...]
Superdry shares suspended after audit delays August 30, 2023 Fashion business Superdry has had its shares suspended after delays to publishing its latest financial results.
Gatwick: Profits take off but airport warns on air traffic control issues in UK and France August 30, 2023 Gatwick has seen post-pandemic profits continue to climb but has warned disruption could slow down passenger rebound
FTSE 100 close: London markets storm to two week high August 29, 2023 London’s premier index stormed to a two week high thanks as falling food inflation and hopes of a Chinese stimulus package lifted sentiment. The bluechip FTSE 100 ended 1.7 per cent higher at 7,464.99 while the midcap FTSE 250 rose 1.9 per cent to 18,468.59. Many markets around the world saw strong trading yesterday, when [...]