Marks and Spencer: Good Christmas gives retailer a ‘spring in its step’ as food sales rocket to £2bn January 11, 2024 Marks and Spencer has maintained its guidance for the year after it racked in over £2bn in food sales over the Christmas period.
Moving markets: Five things shaping the FTSE 100 today January 11, 2024 Asian markets follow Wall Street higher, with Japan's Nikkei surpassing 35,000, oil prices climbing, and the SEC approving the first spot Bitcoin ETFs, all while keeping a close eye on pivotal factors such as inflation and earnings.
Mobico: National Express owner revs up a gear as shares rebound on Cosmen family backing January 11, 2024 National Express owner Mobico may be turning a corner. Shares rallied 30 per cent in the last month after the Cosmen's upped their stake.
Bailey: Household finances ‘nowhere near as stressed’ as during financial crisis January 10, 2024 Bailey pointed to a couple of mitigating factors which had protected households from the rise in interest rates.
HS2 boss admits London to Birmingham line could actually cost £66bn January 10, 2024 The costs of the HS2 line from London to Birmingham could be as much as £66bn, according to the scheme’s executive chair, Jon Thompson. Thompson told the transport select committee on Wednesday that despite the current estimate being upwards of £56.6bn, the first phase of the high-speed rail project could add “between £8bn to £12bn,” [...]
Climate tech and AI set to drive rebound in UK venture capital investment January 10, 2024 UK venture capital investment is set to recover in 2024, according to HSBC, after turning a corner in the second half of last year thanks to a boom in early-stage investing.
Junkyard Golf Club continues to create jobs despite cost-of-living crisis January 10, 2024 Junkyard Golf Club continues to expand and create jobs despite rise in costs.
Nightcap shares jump as bar chain bucks trend with record Christmas January 10, 2024 London Cocktail Club owner Nightcap had a “record” Christmas despite ongoing rail disruption and cost of living pressures.
Red Sea attacks: Why Suez Canal traffic collapse could power higher inflation January 10, 2024 The number of container ships arriving at the mouth of the Red Sea plunged 90 per cent year-on-year through the first week of January.
Greggs: Baker rakes in £2 of every £100 spent in hospitality industry – and analysts expect that to double January 10, 2024 British bakery and fast food chain Greggs said it plans to open between 140 and 160 net new shops in 2024, as it toasts soaring sales in the fourth quarter.