The must-read column: Kleinman on the City March 21, 2024 The City's best-connected columnist on the Telegraph, the new football regulator and the NatWest share sale
FTSE 100 today: London markets set to mirror global rally, focus on BOE policy decision March 21, 2024 Asian markets mirrored Wall Street's rise, spurred by the US Federal Reserve's maintained rate-cut plans, while gold hit record highs. New Zealand entered technical recession. Now, attention is on the Bank of England's policy decision, especially any signs of increased talks about potential rate cuts.
Gucci, Prada, and Burberry are no longer in Vogue as ‘richcession’ bruises luxury sales March 20, 2024 A profit warning from the parent brand of Gucci has sunk the share price of not only the brand but also its rivals, in the latest sign that luxury designers are falling out of fashion with investors.
Sausage roll chaos: Greggs forced to go cash-only and some close due to payment issues March 20, 2024 Consumers in England and Wales are reporting closed shops or cash-only payments
UK drivers priced out of owning Chinese electric cars due to ‘sky high’ insurance costs March 20, 2024 The UK insurance industry is facing “real challenges” in covering Chinese electric vehicles, as sales of the models surge in the West.
Hundreds of jobs at risk as Ted Baker owner calls in administrators March 19, 2024 Hundreds of high street jobs could be placed at risk after the owners of Ted Baker filed a notice to appoint administrators.
Demand for Rolex and Tag Heuer watches slump as demand in China falls March 19, 2024 Monthly exports of pricey Swiss watches such as Rolex and TAG Heuer have fallen for the second time in three years, led mainly by lower deliveries to Greater China and Hong Kong.
Wickes plots expansion in home solar energy market after slight profit boost in 2023 March 19, 2024 Pretax profit in 2023 was slightly higher than 2022, rising to £41.1m from £40.3m.
The Notebook: Metro Bank’s cost-cutting drive spells trouble for challengers March 19, 2024 Victoria Scholar takes the Notebook pen to talk Metro Bank's troubles, relief in China and swoops for Selfridges.
Naked Wines: Shares slump as refinancing rumours give investors jitters March 18, 2024 Shares in Naked Wines slumped close to seven per cent today as reports about a refinancing deal with debt advisers appeared to give investors jitters.