SThree shares drop to four-year low as recruiter issues profit warning December 12, 2024 Shares in SThree cratered on Thursday after the recruiter issued a profit warning for its current financial year, citing challening conditions in the science jobs market. The firm’s share price tumbled as much as 39 per cent in early trading before paring some losses, making it the worst performer on the FTSE 250. The stock [...]
More tickets sold for women’s football than rugby league in 2024 December 12, 2024 Booming interest in women’s football has seen it overtake rugby league for tickets sold in the UK this year, according to new data from agency Two Circles. More than 2.1m fans attended women’s football matches, a 38 per cent increase year-on-year, the 2024 Attendance Review from the sports and entertainment marketing business reveals. That number [...]
Kellogg’s serves up loss ahead of Mars mega deal December 12, 2024 The combined UK operations of Kellogg’s have fallen to a loss despite the increasing popularity of its cereals and Pringles boosting sales further past the £1bn mark. Kellogg’s runs two separate companies in the UK from its headquarters in Salford: Kellogg Marketing and Sales Company (UK) and Kellogg Company of Great Britain. As a result [...]
Mark Kleinman: Unilever puts buyout firms in the deep freeze December 12, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week, he tackles Unilever’s flakey ice cream approach, Thames Water’s demanding investors, and the long-winded sale of The Observer. Anyone for an ice cream fight? The decision of FTSE-100 consumer goods behemoth Unilever to [...]
Ed Warner: Sport owners mustn’t forget the loyal and local in rush to go global December 12, 2024 In the frenzied rush to create global franchises and events, the sport business risks forgetting local and loyal fans at their peril, says Ed Warner. Storm Darragh dashed many sporting dreams last weekend, including those of the Australian 15-year-old who spent all his savings on a solo trip from Down Under only for the last [...]
2025 will be a year of green shoots for the City December 12, 2024 Changing mood music should gradually shift sentiment in London’s favour – and with the fire power of pension funds 2025 could be a better year than the City has seen in a while, says Steven Fine In New York, investors are in bullish form. I met one very well-known player recently who nearly knocked me [...]
Regulators are paying lip service to growth December 12, 2024 “This is not a return to pre-crisis light touch… because frankly that ended in tears.” That was the response of the heads of the Financial Conduct Authority (FCA) when questioned by MPs about their new growth remit. No one can deny that the 2008 financial crash devastated lives. But the consequences of the low growth [...]
NFL confirms third European city for 2025 international games December 11, 2024 The NFL will expand its international game programme with a match in Berlin in 2025, the sporting league has announced. It comes as the NFL announced a “multi-year commitment” to playing games in the German capital following successful stints in Munich and Frankfurt. Berlin’s Olympic Stadium is not new to NFL, having hosted pre-season matches [...]
Queer film review: Daniel Craig shines in Luca Guadagnino drama December 11, 2024 One of the headline acts of this year’s London Film Festival, Queer offers a side to Daniel Craig that you will definitely not have seen before. Adapted from the novella by William S. Burroughs, he plays Lee, an American ex-pat living in 1950s Mexico City, having fled New Orleans due to his drug addiction. Content [...]
US inflation ticks up as market holds breath for Fed cut December 11, 2024 US inflation ticked up to 2.7 per cent in November, a rise from 2.6 per cent in October and matching analyst expectations. This was the highest level of inflation that the US has experienced since July, after dipping to as low as 2.4 per cent throughout September. Inflation has not been below its 2 per [...]