FTSE 100 live: London ends week deep in the red on back of Israel-Gaza war, borrowing and retail figures October 20, 2023 London’s FTSE 100 ended the week deep in the red following disappointing retail figures and falling but still very high, public borrowing stats. The capital’s premier bluechip index was 1.31 per cent down by the close, at 7,401.30, while the FTSE 250, which is more aligned with the domestic market, dropped to 0.9 per cent, [...]
“You’ve got one job”: Investors wants answer on London Stock Exchange outage October 20, 2023 Investors are looking for a “quick answer” today after the London Stock Exchange was hit by a technical incident which halted trading in hundreds of smaller stocks on Thursday. Normal trading has resumed on the bourse this morning after trading at the smaller end of the market was curbed by the incident yesterday, although bigger [...]
Williams Racing and THG sign ‘ground-breaking’ deal between great British brands October 19, 2023 A new partnership between THG and Williams Racing has been described as a partnership of two great British brands by the historic Formula One team’s commercial director. The multi-year deal will see THG’s sports nutrition brand Myprotein become Williams Racing’s official nutrition partner, whilst Ingenuity – THG’s complete digital commerce offering – will become an official tech and ecommerce [...]
Green light given for new Tower Hill sustainable tower as demand for office space rebounds October 19, 2023 The green light has been given for a new sustainable office building in Tower Hill, as demand for space in the Square Mile continues to rise.
Bitcoin maintains key level, while Tesla’s BTC holdings remain unchanged October 19, 2023 Bitcoin is trading for $28.3k this morning, down by roughly 1% over 24 hours, while Ethereum is around $1.5k, downd by 1.5%.
China’s Country Garden bondholders seek talks after missed bond payments October 19, 2023 Country Garden bondholders are seeking urgent talks with the troubled property developer after it missed a $15m
King affirms Crown’s historic bond with the City October 19, 2023 The City hosted the King and Queen last night at a dinner to mark the Square Mile’s role in the Coronation. In a ceremony that traditionally takes place upon a new Sovereign’s first visit to the City and dates back to William III in 1689, King Charles was presented on arrival with the City Corporation’s [...]
Israel’s President accuses BBC of ‘atrocious’ coverage of Hamas-Israel conflict October 19, 2023 “The fact that it does not recognise Hamas as a terror organisation requires a complete legal battle and public battle. It’s unbelievable.
Inflation across the world and in the UK will likely be stuck at a higher rate October 19, 2023 The very forces that kept inflation down - the labour market, less defence spending and energy prices - are now keeping it high and will be with us for years to come.
Mark Kleinman: Why Barclays’ £1bn Telegraph bid won’t be the last word, Alison Rose’s next move and why no one wants to be chair of the BBC October 19, 2023 The must-read column from the man in the know, City Editor at Sky Mark Kleinman Barclays’s £1bn Telegraph bid not the last word Hold the front page: the Barclay family’s effort to lodge a knockout bid for The Daily Telegraph was timed like the arrival of a blockbuster newspaper story minutes before the final edition, [...]