Time to breakup? Which UK stocks might benefit from selling assets January 27, 2025 Selling assets is a fashionable activity for UK stocks: WH Smith announced this morning that it is exploring a possible sale of its high street business to focus on its travel trade, following in the footsteps of Reckitt Bensicker, Marston’s and DCC, all of which have sold assets to unlock value recently. The news from [...]
Fans issue warning to Ratcliffe over Manchester United sponsors January 27, 2025 The Manchester United Supporters’ Trust (MUST) has warned Sir Jim Ratcliffe that fans have the power to drive away sponsors if the club does not freeze ticket prices. Old Trafford regulars fear that co-owner Ratcliffe will hike prices for next season as he looks to reverse losses of more than £300m in the last three [...]
Bigger airports will get growth off the ground January 27, 2025 Anyone who believes in growth should applaud rumours that Rachel Reeves will allow London’s airports to expand, says Jasper Ostle Rachel Reeves is rumoured to be throwing her authority behind the expansion of Britain’s airports, particularly Heathrow, Luton and Gatwick. It’s a courageous effort to accelerate necessary development: she will face opposition from colleagues, local [...]
Interest rate calls from ECB and Fed to highlight Atlantic growth divergence January 27, 2025 The decisions will highlight the differing economic outlooks on either side of the Atlantic.
Nvidia tanks as Chinese AI startup Deepseek spooks global markets January 27, 2025 Nvidia is on track for the biggest one day loss of any company in history, as Chinese artificial intelligence (AI) startup Deepseek shakes up global tech markets. Nvidia, a key driver of the AI stock boom due to its advanced chips, saw its shares plummet over 14 per cent on Germany’s Tradegate on Monday. The [...]
Lord Mayor urges UK financial services to invest in risk management January 27, 2025 The UK’s financial services need to be investing in risk management roles to maintain the City of London’s competitive edge, the Lord Mayor has warned. In recent years, the role of Chief Risk Officers (CROs) across the financial sector has evolved from a compliance-focused gatekeeper to a strategic partner in driving growth. New research from [...]
This government has proven woefully naive. Just look at the ‘Office for Value for Money’ January 27, 2025 Reeves' failing Office for Value for Money showcases just how naive this government is, writes Eliot Wilson.
Barclays becomes main sponsor of Lord’s and MCC January 27, 2025 Barclays has expanded its sports sponsorship portfolio by becoming principal partner of Lord’s Cricket Ground and its owner, Marylebone Cricket Club (MCC). The multi-year partnership, effective immediately, sees the Home of Cricket’s iconic Media Centre renamed the Barclays Media Centre. It will also mean the bank making “one of the largest ever donations” to the [...]
UK economy: Firms prepare to cut staff as they brace for slowdown, CBI says January 27, 2025 A persistent slowdown in activity among private sector firms could weigh on economic growth over the coming months, with businesses set to cut staff and raise prices, according to a survey. The upcoming increase to national insurance contributions has prompted firms to assess their budgets urgently, the Confederation of British Industry (CBI) said. Output across [...]
Reeves all but confirms backing for third Heathrow runway January 26, 2025 Rachel Reeves suggested the full Cabinet must back any potential expansion of Heathrow Airport despite previous opposition from senior Government figures, as she all but confirmed plans to endorse a third runway. The Chancellor refused to be drawn on “speculation” over an upcoming announcement she is expected to make about the project but said decisions [...]