London house prices stagnant in 2024 February 19, 2025 This meant the average property in the capital remained stuck at £549,000. Factoring in inflation, London properties lost 2.7 per cent of their value.
HSBC job cuts and bonuses expected on Friday February 19, 2025 HSBC is set to axe a number of investment bankers this Friday whilst rewarding some with bonuses, sources told City AM. Amidst the FTSE 100 giant’s restructure, employees are expecting updates this week on their role’s future with many now looking to Friday – the same day pencilled in for bonuses. According to sources close [...]
Glencore: FTSE 100 miner mulls ditching London February 19, 2025 Glencore became the latest company to warn it could ditch its London listing today in a move that has been described as a “sucker punch” to UK markets. Speaking to the media after the miner’s results today, Glencore chief Gary Nagle said that questions had been raised over whether the UK was the right place [...]
The future of the Swiss Alps? A ski holiday in Andermatt February 19, 2025 In the social hierarchy of Swiss Alps ski resorts, Andermatt has long sat in the shadow of its counterparts, but thanks to a raft of foreign investment in recent years, the former garrison town’s star is on the ascendancy. For now, at least, the ski area of Andermatt-Sedrun is regarded as fairly snow sure, usually [...]
HSBC shares dip after profit beats expectations February 19, 2025 HSBC surpassed analyst profit expectations in its annual results as its new boss reiterated its focus on slashing costs. The FTSE 100 lender published its first set of results with Georges Elhedery at the helm this morning, covering the fourth quarter and full-year 2024. Shares in the banking giant rose one per cent following market open, [...]
Ahead of the Game: Tottenham in crosshairs as Ratcliffe eyes more cuts February 19, 2025 Sir Jim Ratcliffe and Ineos are set to continue cutting their investment in sport beyond Manchester United with the company’s commercial deal with Tottenham Hotspur unlikely to be renewed. Spurs signed a five-year contract with Ineos Grenadier as their official 4×4 vehicle partner in 2022, having previously partnered with Ineos Hygienics as official hand sanitiser [...]
UK government should be more like Trump, says top entrepreneur February 19, 2025 The government’s tax squeeze on businesses and ministers’ lack of private sector experience shows that the “political system is broken” in the UK, a top entrepreneur has claimed. Edward Lovett, founder of luxury online auction house The Collecting Group, launched a damning assessment of the business environment in Britain under Labour, telling City AM that [...]
Everything you need to know about tariffs February 19, 2025 The threat of tariffs mean businesses must check their exposure and figure out what’s going on in their supply chains, says Tim Sarson I’ve decided to write an article on tariffs. I don’t do this lightly. Not only is it political, it is dominating the news agenda. So I’ll steer clear of the politics or [...]
Galentine’s craze spotlights an unmined market: Singles wanting fun February 19, 2025 Hospitality's embrace of Galentine's shows welcome goodwill towards financially punished singles, writes Susannah Streeter.
Growth is now near impossible. Here are 7 pleas for Reeves’ Spring Budget February 19, 2025 Growth is impossible if we continue on as we are but the Spring Budget is a chance for change, writes Steve Rigby.