Firmdale: Record year for luxury London and New York hotel group amid expansion plans August 5, 2024 Turnover at the group behind luxury hotels in London and New York edged to almost £200m during its latest financial year, it has been revealed.
Solid services sector ‘bodes well’ for UK economy despite stubborn price pressures August 5, 2024 Business activity in the services sector picked up in July, according to a closely watched business survey, suggesting that the economy will continue to grow in the months ahead. S&P’s purchasing managers’ index (PMI) for the services sector picked up to 52.5 last month, rising from 52.1 in June and marginally ahead of the 52.4 [...]
Senior: Rolls-Royce partner reports dip in profit amid Boeing 737 Max setbacks August 5, 2024 The FTSE 250 aerospace and defence supplier said operating profit and pre-tax profit had fallen, despite booming demand for travel worldwide.
Newriver’s Ellandi acquisition gives boost to results as firm eyes up Capital & Regional bid August 5, 2024 London-listed Newriver REIT's acquisition of Elandi Management helped it buck the downward trend plaguing much of its sector to post a strong operational performance in its first quarter as it tries to sew up a deal for rival REIT Capital & Regional.
Meet the Fund Managers: Small companies, large gains August 5, 2024 Investment reporter Elliot Gulliver-Needham speaks to Ken Wotton, manager of investment trust Strategic Equity Capital.
Trash talk: Recycling boss Bruce Bratley on why we need to talk about rubbish August 5, 2024 Waste disposal can be revolutionary, as First Mile boss Bruce Bratley tells Lucy Kenningham
Bank of England chief Andrew Bailey ‘looking forward’ to serving for another four years August 4, 2024 Andrew Bailey has vowed to stay on for the duration of his eight-year term despite several calls for his resignation.
Week ahead: Rate cut may offer optimism for housebuilding sector August 4, 2024 In a rather quiet week ahead, London markets are expecting updates from financial services firm Legal & General (L&G), housebuilder Persimmon, and real estate investment trust (REIT) Derwent London.
Bank of England’s Pill: Inflation still needs to be ‘squeezed out’ of the UK August 2, 2024 Despite returning to the two per cent target, inflation still needs to be "squeezed out" of the UK economy, Bank of England chief economist Huw Pill said today.
Demand for sustainable buildings drives office space take-up in London August 2, 2024 Leasing activity increased notably in the second quarter of the year, driven by financial firms and demand for sustainable office space.