FTSE 100 giant Auto Trader gears up for £87m HQ move January 13, 2025 FTSE 100 giant Auto Trader has confirmed plans to relocate its headquarters from a building named after a Manchester legend to a new base worth £87m. The company is to leave its home at 1 Tony Wilson Place in First Street and move to Bruntwood SciTech’s 3 Circle Square in 2026. Auto Trader has been [...]
Baseball home run for London as MLB weekend generates £56m January 13, 2025 London will miss the benefit of MLB in 2025 after last year’s MLB London Series boosted the capital’s economy by £56.5m. Back-to-back matches between the New York Mets and Philadelphia Phillies drew in over 108,000 fans at the London Stadium with the nation outside of London benefiting to the tune of a further £9m. The [...]
UK housebuilders to shed light on property market amid Government targets January 12, 2025 Some of the UK’s biggest housebuilders will say whether demand is picking up in the property market after a prolonged slump, as the Government prepares to overhaul planning rules. London-listed construction groups Persimmon, Vistry and Taylor Wimpey will all provide trading updates next week. Persimmon, which will give an update on its fourth-quarter trading on [...]
Reeves vows ‘action’ to meet fiscal rules amid rise in borrowing costs January 11, 2025 Rachel Reeves has said she will “take action” to meet her fiscal rules following turbulence on the gilt markets. Increases in the Government’s borrowing costs have sparked concern that the Chancellor will be unable to meet her debt and spending targets, requiring either tax rises or deeper spending cuts when she delivers a fiscal statement [...]
Rachel Reeves says fiscal rules ‘non-negotiable’ during bid to boost ties with China January 11, 2025 Rachel Reeves vowed to stand by her “non-negotiable” fiscal rules, as her mission to China was overshadowed by further turbulence in the gilt markets. Visiting bicycle-maker Brompton’s flagship Beijing store on Saturday, the Chancellor declined to give a running commentary on the financial markets in the UK, but said the rules she set for herself [...]
NFL 2025 London Games: Jets, Browns and Jaguars heading to capital January 10, 2025 The New York Jets, Cleveland Browns and Jacksonville Jaguars will play in London on this year’s NFL International series. The New York Jets return to the capital a year on from their 23-17 defeat to the Minnesota Vikings at Tottenham Hotspur Stadium. The Browns return to London for the first time since 2017, when they [...]
Elizabeth Line has helped create 400k jobs in and around London January 10, 2025 The area around the City of London’s Liverpool Street Station has been one of the biggest benefactors of the new Elizabeth Line research shows. London’s most popular route has carried more than 0.5bn passengers since its inception. Fresh figures from Transport for London (TFL) and Arup show Crossrail has helped create thousands of new jobs by [...]
Pound sterling sinks and gilt yields rise after US jobs report January 10, 2025 The pound plummeted against the dollar while gilt yields came under further pressure after new figures revealed the continued strength of the US economy. According to the latest report on the US labour market, the world’s largest economy added 256,000 roles in December, accelerating from November and well ahead of economists expectations. Unemployment, meanwhile, unexpectedly [...]
Former Wales First Minister Carwyn Jones joins City of London PR firm January 10, 2025 Former First Minister of Wales Carwyn Jones has been hired by a City of London PR firm. Lord Jones, who was made a life peer at the end of 2024, has been hired by NorthPoint Strategy as a senior counsel. NorthPoint Strategy’s clients include Polygon, UK Cryptoasset Business Council, Andreessen Horowitz and CEO Club Ukraine. [...]
Mickley in pole position to tee up Classic Series bid January 10, 2025 FORM students will be in their element when racing at Sha Tin on Sunday gets underway with an informative 10-race programme starting at 5.00am. With the Four-Year-Old Classic Series getting underway with the Classic Mile at the end of the month, this is probably the final chance for some expensively bought gallopers to stake their [...]