FTSE 100 and US stocks climb as investors regain poise September 9, 2020 The FTSE 100 and US stocks have risen after a bloodbath on global markets yesterday saw big tech names plunge. London’s blue-chip index rose 1.3 per cent to 6,009 points in afternoon trading. The FTSE 250 – the 100’s little brother – fell 0.2 per cent, however. Read more: Tesla shares set for worst day [...]
FTSE 100 jumps as homebuilders cheer surge in UK house prices September 2, 2020 The FTSE 100 jumped as investors welcomed signs of an economic recovery, with homebuilders riding high after UK house prices hit a record level despite the coronavirus pandemic. The UK’s main stock index climbed 1.1 per cent to 5,929 points, having shed almost two per cent yesterday. The FTSE 250 index of smaller firms rose [...]
Unilever to remove all fossil fuels from cleaning products by 2030 September 2, 2020 Consumer goods giant Unilever has today announced that it will remove all fossil fuels from its cleaning products by 2030 as part of a €1bn global investment programme. The Anglo-Dutch firm, which has seen demand for its products jump in recent months due to heightened health concerns brought on by the coronavirus pandemic, said it [...]
WPP to pay dividend even as ad revenues slump due to coronavirus August 27, 2020 Advertising giant WPP has said it will pay an interim dividend of 10 pence a share even as advertising revenues plunged due to coronavirus. The group said trading had improved in July, winning more business than rivals, suggesting the worst was over for the ad group. The figures WPP reported a 12.3 per cent drop [...]
From the modern Babylon to the city of canals: Eurostar goes to Amsterdam August 26, 2020 From October this year, passengers will be able to take the Eurostar from St Pancras right into the heart of Amsterdam, the great Gothic Revival Station Centraal on Stationsplein. It’s an eye-catching headline, and one which conjures up images of connectivity, of grand continental train journeys, comfort, ease and relaxation. It’s true that the London-Amsterdam [...]
The cold blast of popular opinion: ice cream maker Ben & Jerry’s takes on the home secretary August 13, 2020 It was a young political journalist who summed up one of the oddest political storms of the summer so far when she tweeted on Wednesday: “Who had ‘MP argues with ice cream company’ on their 2020 bingo card?” In case you missed it, the story in brief: Priti Patel, the home secretary, has been making [...]
Unilever may abandon HQ unification over €11bn Dutch tax bill August 10, 2020 Unilever has said it may scrap plans to unify its London and Dutch headquarters, if parliament in the Netherlands passes a law which would demand an €11bn exit tax over the deal. The legislation, which was proposed by the opposition Green Left political party, is currently being assessed by the Netherlands’ Council of State as [...]
Public Health England becomes UK’s biggest advertiser during lockdown August 4, 2020 Advertising spend in the UK almost halved during lockdown according to the latest figures, with Public Health England becoming the nation’s biggest advertiser over the course of the pandemic. Traditional advertising spend — including on TV, newspapers, radio, cinema and billboards — fell more than £1.1bn year on year between the start of lockdown and the [...]
Facebook and Instagram remove Wiley’s accounts after grime star’s antisemitic rant July 28, 2020 Facebook said it has decided to fully delete the accounts of British grime musician Wiley from both Facebook and Instagram, after he was placed on a temporary ban from the platforms. The self-styled godfather of grime, whose real name is Richard Cowie, is being investigated by police after posting a series of antisemitic tweets over [...]
FTSE 100 rises but US markets fall as jobless claims grow July 23, 2020 The FTSE 100 clung on to its gains but US markets fell as investors weighed rising American joblessness against the prospect of more economic stimulus. London’s main stock index was 0.2 per cent higher in afternoon trading at 6.218 points. The FTSE 250 was up 0.1 per cent. Read more: Unilever beats sales forecasts as [...]