The Hills of California reminds us to visit gritty, wonderful Blackpool February 8, 2024 The Hills of California is a buzzy new West End play that pays homage to Blackpool, a city more of us should visit
Revolution Beauty targets £1bn sales, leaving string of scandals behind February 8, 2024 Lauren Brindley, Revolution Beauty's newly appointed chief and former Boots executive, is set to inform investors about its business strategy at a capital markets event taking place today.
Prices in China fall at fastest rate since 2009 as risk of persistent deflation looms February 8, 2024 Plummeting food prices were the main drag on inflation, with prices falling 5.9 per cent year-on-year. Pork prices fell over 17 per cent.
Victoria Scholar: The economic clouds are parting – for housebuilders, at least February 8, 2024 Victoria Scholar is head of investment at interactive investor and writes a fortnightly notebook for City A.M. In a surprise announcement, Britain’s largest homebuilder Barratt Developments has offered to buy smaller FTSE 250 rival Redrow in a £2.52 billion deal. The announcement skyrocketed shares in Redrow, while Barratt extended its year-to-date declines. The new ‘Barratt [...]
‘The supply-demand balance in sport needs re-calibrating’ February 8, 2024 It would be nonsense to ask how much money top golfers need. How much they want, however? That’s easy. More. And more is what’s coming their way, this time from private equity investment into the PGA Tour, herd-following the Saudi investment via LIV Golf into the sport. It’s not just golf where athletes are reaping [...]
Bank urged to ‘release brake pedal’ as starting salary inflation drops to 34-month low February 8, 2024 Starting salary inflation slipped to its slowest rate since March 2021 and was comfortably below the series average
Labour’s plans for workers’ rights must ‘strike balance’, experts warn February 8, 2024 Labour’s plans to beef up workers’ rights must “strike a balance” between the needs of firms and staff, bosses and experts have told CityA.M.
Give councils more tax flexibility amid financial strain, ministers urged February 8, 2024 Councils should be given more free rein to raise local taxes to shore up ailing finances and then “suffer the consequences” at the ballot box, MPs have heard.
Moving markets: Five things shaping the FTSE 100 today February 8, 2024 Asian shares track Wall Street's surge; China's inflation records the deepest drop since 2009. Oil prices rose amid slim progress in Gaza peace talks. SoftBank rises on Arm results; investors eye earnings, the Fed, and U.S. jobless claims.
‘Barratt Redrow’ merger to highlight investors’ skewed opinions on UK housing market February 7, 2024 Shares in major FTSE 100 and 250 housebuilders suffered a mixed day so far on the London market, as Barratt Developments' surprise £2.5bn megamerger with Redrow highlighted investors' skewed opinions on the state of UK housing.