All institutions come with the baggage of history, but good can still be done November 9, 2023 There are no easy answers – and none that will satisfy everybody – to settling historic ‘bills’ for involvement in the slave trade. Under pressure for a number of years, Lloyds of London announced yesterday a £50m investment in diversity and inclusion initiatives that it hopes will open the door of the insurance market to [...]
FTSE 100 close: Markets shrug off Bailey’s rate cut comments as M&S soars November 8, 2023 "The market of course will reach a view it has to reach. So I totally understand that. But we are very clear we’re not talking about that," Bailey said.
Klarna boss: My three conditions for an IPO – and no, I won’t tell you where November 7, 2023 The boss of Klarna has said he has “three tick boxes” for the firm ahead of a public listing, all of which have now been met, as the Swedish fintech looks to revive its plans for a blockbuster IPO as soon as next year.
Can retail investors save London’s beleaguered stock market? November 6, 2023 Are retail investors the key to curing London's capital markets malaise? They may take some convincing.
The Notebook: Jo Streeten goes back to her old university November 6, 2023 The notebook is a place for interesting people to say interesting things. Today, it’s the turn of Jo Streeten, managing director at AECOM.
Could the eastern end of Oxford Street revitalise West End retail? November 5, 2023 A host of new stores at one end of Oxford Street are breathing life into London's oldest shopping street
London FTSE 250 closes out stellar week as firms rise on Bank’s interest rate hold November 3, 2023 London’s FTSE 250 has surged to its best streak all year as markets reacted positively today to the Bank of England’s decision to hold interest rates at 5.25 per cent.
Liontrust and Ashmore feel the squeeze as volatility rocks London’s asset managers November 3, 2023 London’s asset managers have been rocked by a “complete lack of investor confidence” over the summer as soaring inflation and market turmoil chokes off the flow of cash into firms like Liontrust and Ashmore, analysts have said.
FTSE 100 close: London dips after disappointing US jobs data while 250 continues strong run November 3, 2023 FTSE 250, which is an index more aligned with the UK domestic market, was one cent up following the open, sitting handsomely at 17,945.48.
Currys to sell Greek arm for £175m to strengthen balance sheet November 3, 2023 Currys announced that it was looking to offload the 90 stores across Southeastern Europe in an effort to strengthen its balance sheet.