Why the state should stay out of the kitchen January 7, 2025 A think tank has seriously floated the idea of government-run restaurants. The idea belongs in an age of wartime rationing, not the thriving, free-market food scene the City enjoys today, says Matthew Kilcoyne One wonders if the festive sherry stocks have been hit rather hard in certain London think tanks this Christmas. How else to [...]
Time to Get Tough on Retailers Selling Vapes to Children January 6, 2025 Asli Ertonguc, Area Director Western Europe for BAT This content was paid for by BAT UK, and produced in partnership with the City AM Commercial department. The UK has set its sights on becoming ‘smoke-free’ by 2030. This is a bold andcommendable ambition, and one which BAT UK supports. Yet, a lack of actionaround underage vaping [...]
TGL explained: All you need to know about Woods and McIlroy’s new golf league January 6, 2025 A year later than planned, golf will get a glimpse of its possible future when the first match of TGL, the brand new, made-for-TV team golf competition from Tiger Woods and Rory McIlroy’s TMRW Sports, swings into virtual action on Tuesday. The contest between New York Golf Club, featuring Rickie Fowler, Matt Fitzpatrick and Xander [...]
2025 Predictions for Apple, Microsoft, Tesla, and other tech leaders January 6, 2025 The Magnificent Seven group of leading tech companies: Apple, Nvidia, Microsoft, Amazon, Alphabet, Meta and Tesla, gained a combined 63 per cent in 2024, building on 2023’s strong performance. Deutsche Bank revealed the group generated more profit in 2024 than most national stock markets. However, JP Morgan has projected their contribution to S&P 500 earnings [...]
Healthcare: Could the private sector help Keir Starmer cut NHS waiting lists? January 6, 2025 Plans for a “new agreement” to more closely link the NHS and the private healthcare sector have been unveiled today in a bid to slash waiting lists for patients. The National Health Service (NHS) and the independent sector have struck a new deal which ministers say will improve patient choice as part of plans to [...]
Sell Asos and buy Currys says City broker January 6, 2025 Analysts have backed Currys as their most preferred consumer stock of the year whilst warning investors away from struggling online marketplace Asos. Panmure Liberum analysts set a target price for Currys at 155p versus its current price of 94.25p. The tech retailer had a strong run last year, with its stock up more than 90 [...]
US activist investors ramp up attacks on UK companies January 6, 2025 US activist investors ramped up their attacks on UK companies in 2024, with British firms continuing as the top target for investor campaigns in Europe. 42 per cent of all activist campaigns in Europe targeted the UK, with 59 companies coming under pressure throughout the year, according to Alvarez & Marsal’s latest Activist Alert Outlook. [...]
Rolls-Royce shares slip following broker downgrade January 6, 2025 Rolls-Royce shares dipped more than three per cent in early deals this morning after analysts at investment bank Citi downgraded the stock. The analysts downgraded the FTSE 100 giant from a ‘Buy’ to a ‘Neutral’ rating while increasing the price target from 555p to 641p. Despite the stock currently sitting at 576p, the analysts said [...]
Rail regulator orders HS1 to slash spending on Eurostar route January 6, 2025 The Office of Rail and Road has ordered HS1 to lower its spending from April 2025, after finding it did not meet its duties for efficient spending. The 109km high-speed rail line was ordered to bring charges down by 3.8 per cent compared to its latest plans, saving passengers and freight trains as much as [...]
Business confidence slumps in ‘pressure cooker’ of higher taxes January 6, 2025 The British Chamber of Commerce's quarterly survey showed that 63 per cent of firms cited tax as a worry in the final quarter of last year, up from 48 per cent in the third quarter.