FTSE 100 close: London ends week down after US jobs figures February 2, 2024 US tech stocks dominated overnight news, all eyes will turn to US non-farm payrolls report, which are out at 1.30pm.
Strong US jobs report pushes March rate cut ‘off the table’ February 2, 2024 The US added 350,000 new jobs last month, almost double the expected 180,000, suggesting that the US economy was strong enough that a cut in interest rates in March from the Federal Reserve is now “off the table”. The economy added jobs to almost every sector in January, with professional and business services gaining a [...]
How a ‘hands-on approach’ is helping drive sales at national butchers Althams February 2, 2024 Turnover at national butchers Althams continued its post-pandemic rise during its latest financial year while its profits also grew, newly-filed documents have confirmed.
Property giant Bruntwood makes worst loss in its near 50-year history February 2, 2024 Property giant Bruntwood has slumped to its worst losses in its near 50-year history, it has been revealed.
FTSE 100: London markets tick down as Bank of England cautious on future rate cuts February 1, 2024 London's FTSE 100 ticked down on Thursday as investors digested the Bank of England's latest decision to hold interest rates, with the first three-way split among policymakers since 2008.
After four holds in a row, when will the Bank of England cut interest rates? February 1, 2024 Policymakers did not answer this question directly, but they did give some guidance as to the factors at play.
Little progress as start-ups meet City minister over new investing rule changes February 1, 2024 Start-up groups met the City minister this week in a bid to soften the controversial new investing rule changes, and hold chancellor Jeremy Hunt’s “feet to the fire”. They issued an update after a meeting with the City minister Bim Afolami yesterday failed to see a successful resolution to the issue. The meeting took place [...]
Bank of England warns inflation to touch two per cent in spring – but will pick up again February 1, 2024 Inflation is expected to pick back up to around 2.7 per cent by the end of this year, remaining above target until the end of 2026.
Cazoo: The full story of how online car retailer went from $8bn valuation to staring into the abyss February 1, 2024 The online car retailer, Cazoo, just three years old at that point in August 2021, was now worth $8bn, having decided to snub London and float across the pond.
Ferrari: Record year sees supercar maker race past one billion euro milestone February 1, 2024 Net profits at Ferrari exceeded €1bn (£853.7m) for the first time in its history, its chief executive has announced.