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 [...]
‘Here for the long haul’: Reeves defends her position after market turmoil January 17, 2025 Rachel Reeves has insisted she is “here for the long haul” as she defended her position as Chancellor in the wake of bond market turmoil and rising government borrowing costs. The UK’s Chancellor has faced criticism for embarking on a trip to China last weekend while government borrowing costs surged and the value of the [...]
Next: Lord Wolfson warns Budget will make it ‘harder’ to enter workforce January 17, 2025 The boss of retail giant Next has warned that tax rises announced in the Budget will make it “harder and harder for people to enter the workforce”. Lord Wolfson told the BBC that the government’s move to hike national insurance (NI) would disproportionately hit entry-level jobs. “The axe has fallen particularly hard on those entry-level, [...]
Kemi Badenoch: Tories could means test state pension triple-lock January 17, 2025 Kemi Badenoch has said the Conservatives could look at means testing the state pension triple-lock, in what would be a major policy shift. The Tory Party leader was asked during a phone-in on LBC Radio whether she would “look at” the triple-lock on the state pension, which sees the welfare benefit rise each year by [...]
Apple: AI news alerts on iPhones halted after backlash January 17, 2025 Apple has paused its new artificial intelligence (AI) feature for news apps, after facing criticism over repeatedly inaccurate alerts. Pressure mounted for the tech behemoth as BBC, among others, complained to Apple that their articles were being wrongly summarised. Media groups like Reporters Without Borders and Bluesky pushed for the company to halt the feature [...]
Retail’s Christmas results don’t match up to the gloom in the market January 17, 2025 If you were to judge the health of the retail market solely from the last two weeks of festive trading results, you would think the market is in rude health. But that would be a significant departure from the actual sentiment in the market, which has taken on a sense of almost unrelenting gloom in [...]
Ideas for this Valentine’s Day January 17, 2025 From enchanting river cruises and world-class theatre performances to spectacular restaurants and rooftop dining experiences, the city offers a magical escape for couples. Discover the perfect way to celebrate and fall in love with London with our guide to the top things to do this Valentine’s Day. Dining Experiences The Skyline London: Above the City [...]
Richest women’s football teams: Arsenal rival Barcelona for top spot January 17, 2025 Arsenal are now rivalling Barcelona as the richest women’s football team in world football, according to new analysis by Deloitte. The all-conquering Catalan club remain No1 in the business advisory firm’s ranking of the biggest women’s teams by revenue generated. But Arsenal are a very close second, having also recorded revenue of €17.9m (£15.1m) for [...]
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 [...]
Investec Champions Cup: Saints and Munster to serve up classic January 17, 2025 Though there has been some debate surrounding the format of the Investec Champions Cup, few can deny that it has led to a final weekend of fixtures with (nearly) everything on the line. Bar the Bulls, who cannot reach the round of 16, there are 23 teams fighting for a spot in the knockouts or [...]