What is driving the FTSE 100 surge? January 17, 2025 The FTSE 100 has hit a new all-time high today, with the index within touching distance of 8,500 for the first time. Since the start of the week, London’s main index has grown almost three per cent, outperforming the Nasdaq, the S&P 500, and the Dow Jones. The strong performance from the FTSE 100 came [...]
Superdrug hails record Christmas as sales surge January 17, 2025 Superdrug has hailed its Christmas trading as its best ever after sales rose by more than five per cent in the final weeks of 2024. The high street retailer said it was boosted by one gift set being sold every second throughout December. Own Brand top sellers included the Studio London Ultimate Brush Collection, the [...]
FTSE 100 hits all-time high as investors bet on interest rate cuts January 17, 2025 The FTSE 100 has hit a new all-time high this morning, surpassing the previous peaks it reached in spring last year, as investors ramp up their bets on an interest rate cut by the Bank of England next month. The value of London’s 100 largest listed companies has grown 3.2 per cent in the last [...]
‘The Silicon Beach dream was a lie’: Onbuy quits home with parting shot January 16, 2025 Technology company Onbuy has quit its home town of Bournemouth and hit out at the local council saying there is no support for the industry. Chief executive Cas Paton took to LinkedIn to announce the news that the business will now mainly operate from London and New York. He added that while Onbuy “will always” [...]
Apple, Google, Meta and Microsoft: The £30bn legal headache for Big Tech January 16, 2025 Headlines have been popping about class actions in the UK with the main target on the other side, Big Tech firms. But why them?
Dunelm sales tick up but shares drop January 16, 2025 Homewares retailer Dunelm has reported solid trading results which were ahead of the wider retail market for the golden quarter. Investors weren’t convinced, however, and its share price dropped nearly four per cent in early trades. Sales at the Leicester-headquartered business grew 1.6 per cent to £490m in the 13 weeks to December 28 in [...]
The Best January 2025 Sales Offers January 15, 2025 The renowned January sales are in full swing, tempting shoppers with incredible deals at every turn together with those looking for experiences at London’s iconic attractions. Immerse yourself in the magic of London and take advantage of the numerous deals on now. From designer boutiques to high-street favourites, the discounts are irresistible. While you’re indulging [...]
Kurt Geiger: Record holiday trading as US expansion pays off January 15, 2025 Growth at Kurt Geiger outpaced expectations last year driven by American demand for the luxury footwear and accessories brand. Despite general gloom in the retail sector, December 2024 was the most profitable month in the brand’s history, with its 17 per cent growth credited to a 54 per cent rise in handbag sales and its [...]
The Notebook: Impulse investing? How FOMO is driving young investors January 15, 2025 New research has shown how fast-changing trends are driving investing among young Brits. But will they regret throwing out the fundamentals?
Fortnum & Mason to ‘limit price rises’ as it battles surging costs January 14, 2025 Iconic London store Fortnum & Mason has vowed to limit increasing prices in the wake of tax rises by the Labour government. The retailer, which can trace its roots back to 1707, has said the outlook for its operating costs in 2025 “remains challenging”. The company pointed to inflation, labour costs, tax increases, raw materials, [...]