London named entrepreneurship capital with half of power list based in the big smoke February 6, 2024 London has been named home to over half of the UK’s newly-revealed leading young entrepreneurs to watch out for. Of the 188 young business founders making up entrepreneurial research platform Hurun UK’s Under30s and Under35s lists, 116 have their ventures based in the capital. Rupert Hoogewerf, Hurun Report chairman and chief researcher, said the research [...]
FTSE 100 today: London markets brace for caution as traders scale back rate cut bets February 6, 2024 Asian markets mimic Wall Street's dip, oil prices hold steady. UK retail sales slow in January, RBA maintains interest rate at 4.35%; focus shifts to UK Construction PMI.
Sterling slumps as hawkish Fed spooks investors February 5, 2024 Lower rate expectations tend to hit currencies as it suggests investors will receive a lower rate of return on their investments.
Around 400 jobs at risk as British electric van maker Arrival falls into administration February 5, 2024 A British-based electric van maker which aimed to become a leader in EV manufacturing has filed for administration, placing around 400 jobs at risk.
FTSE 100: London markets tick down as traders trim rate cut bets February 5, 2024 London's FTSE 100 ticked down on Monday amid a deluge of economic data that spurred traders to trim their bets on UK interest rate cuts.
Electric vehicle sales tumbled in January as private buyers opted out February 5, 2024 New electric vehicle (EV) registrations by private buyers fell by a quarter in January, as high costs continue to perturb customers.
Why you don’t have to be a ‘rich whizz-kid’ to start a business: Here’s how much it costs February 5, 2024 Even now, with inflation and current economic circumstances to consider, Philip Salter, founder of the Entrepreneurs Network, said: "You don't have to be a rich whizz-kid to be an entrepreneur."
Interest rates should remain high for ‘some time to come’, OECD warns February 5, 2024 The OECD warned that labour costs remain too high to be compatible with inflation returning to target on a sustainable basis.
UK services activity rises at fastest pace in eight months February 5, 2024 The UK's services sector saw a "solid increase" in business activity last month, as well as an uptick in job creation, according to a closely watched survey.
Revolution Beauty: Former boss to pay £3m to draw line under finance scandal February 5, 2024 The founder and former chief of Revolution Beauty will have to pay close to £3m to the scandal stricken makeup brand to settle allegations he breached fiduciary duties to the company. Adam Minto, who stepped down as head of the brand two years ago, will have to hand over £2.9m, according to an update by [...]