Limited edition whisky from The Scotch Malt Whisky Society has dropped October 25, 2023 The Scottish Malt Whisky Society turns 40 – and it has a special commemorative bottle that you will want in your collection.
Brandon Lewis: Former Tory chairman to join firm co-founded by sanctioned Russian billionaires October 25, 2023 Lewis will join the London-based firm, co-founded by billionaires Mikhail Fridman and Petr Aven, as an advisor.
Lloyds rides out end of interest rate spike with bumper profit October 25, 2023 Increasing competition was not enough to stop Lloyds from performing above expectations in the third quarter as the bank continued to benefit from a relatively benign credit environment. In the three months to September, pretax profit hit £1.9bn, more than triple the same period last year and slightly ahead of analyst expectations. Net interest income [...]
FTSE 100 close: London climbs as miners rise on China stimulus and Lloyds jumps into green October 25, 2023 London's FTSE indexes slipped slightly in opening trade as investors mulled results from two of the largest companies in the world last night.
Plus500: Shares jump as fintech firm closes in on higher targets October 24, 2023 Israeli fintech firm Plus500 said it was on track to hit a recently ramped up set of targets today after revenues rose over the summer on the back of a high-value customer boost.
Another London-listed firm heads for private hands in £100m sofa deal October 24, 2023 ScS, a sofa chain, is to go private after a takeover by an Italian furniture retailer - the latest firm to leave the London Stock Exchange
Businesses’ payroll bill to soar by £300m as London living wage increases October 23, 2023 Payroll costs in the capital are set to soar by over £300m as the London living wage increases by a tenth. Businesses signed up to the voluntary scheme will see their salary expenditure go up by £304,200,000 after the rate jumps from £11.95 an hour to £13.15 for 130,000 employees. Firms accredited include half the [...]
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.