Price of Arsenal debentures hits £25,000 as wealthy fans opt for season ticket shortcut August 9, 2024 Fans face a 10-year wait for a season ticket through official channels after the north London club emerged as Manchester City’s biggest rivals for the Premier League.
Exclusive first look inside the Friends Experience at Royal Docks August 8, 2024 As you walk into the new Friends Experience at the Royal Docks, you’re greeted by a New York cab. On the far side of the vast hall is an exact recreation of the famous Central Perk coffee shop and in the distance I can make out the apartment shared by the eponymous friends, with its [...]
GAM: Swiss asset manager aims for 2026 profit despite Liontrust debacle August 8, 2024 Swiss asset manager GAM is targeting a profit in 2026 after a tumultuous couple of years that saw it reject a takeover bid from rival Liontrust. GAM reported that it had an IFRS (International Financial Reporting Standards) net loss of 39.1m Swiss francs (£26.6m) in the first half of the year, only around half of [...]
Global financial markets settle into ‘yo-yo pattern’ after Monday’s meltdown August 8, 2024 Financial markets remain jittery after a massive sell-off on Monday as analysts identify a "yo-yo pattern" of volatility across the world.
Etihad Airways nets £183m as passenger numbers soar August 8, 2024 Some 8.7m passengers flew with the UAE flag carrier over the first half, as it hauled in around £2.5bn in revenue.
Saatchi show forces us to look anew at homelessness August 8, 2024 All too often homelessness exists out of the frame – this exhibition pulls it inside.
Will the Bank of England cut interest rates again? Experts are divided August 8, 2024 Following the decision, Governor Andrew Bailey stressed that the Bank must be careful "not to cut interest rates too quickly or by too much", but investors have drawn their own conclusions.
The Capitalist: Abercrombie & Fitch fall silent; Paris shouts ‘Merde!’ at Olympic muffin man August 8, 2024 Rumours, whispers and City gossip… Abercrombie & Fitch silent on diversity pledge The noughties are back, baby: and that means Von Dutch caps and Abercrombie & Fitch. All of a sudden ‘Brat Summer’ sounds appealing. The return is quite the coup for the company once voted “America’s most hated retailer”. The firm has been heavily [...]
Philips shrugs off ‘challenging year’ with UK profit spike August 8, 2024 The UK arm of consumer electronics firm Philips shrugged off a “year of many challenges” to post a surge in profit for 2023. The division, which is headquartered in Farnborough, has reported a pre-tax profit of £26m for the 12 months, up from the £5m it posted in 2022. According to newly-filed accounts with Companies [...]
FTSE 100: London markets pare losses and US stocks surge after jobless figures August 8, 2024 London markets dropped on Thursday morning, unwinding much of their gains made on Wednesday following a massive sell-off earlier in the week triggered by fears of a US recession.