Airports fear UK’s race to fly on biofuels is in danger of stalling September 4, 2023 “Urgent action” is needed to prevent the UK falling behind its European and American counterparts in the development of critical green technologies
FTSE 100 close: London markets slip into red as optimism from China stimulus wears off September 4, 2023 The blue-chip FTSE 100 index fell 0.16 per cent at 7,452.76 while the midcap FTSE 250 index fell 0.1 per cent to trade at 18,524.14.
Frank Smith, Matchroom Boxing CEO, interview: ‘I’m living the dream’ September 4, 2023 Matchroom Boxing CEO Frank Smith on rising the ranks from Leyton Orient mascot to running the world-leading promotion.
John Lewis’ property punt already leaving more questions than answers September 4, 2023 The retailers' flagship property scheme appears set for a £57m paper loss
Bank of England to leave interest rates higher for longer as inflation becomes embedded September 3, 2023 Economists are warning that interest rates will have to stay higher for longer as inflation remains persistently above the Bank of England’s two per cent target. Although the headline rate of inflation in the UK is starting to fall, core inflation increased month-on-month in July indicating that inflation is becoming increasingly embedded in the UK [...]
Wall Street edges higher following data that shows the labour market is cooling September 2, 2023 A choppy day of trading on Wall Street ended on Friday with slight gains for stocks, as the market notched its second straight winning week. The market got a boost early on from a closely watched government report that showed US job growth increased at a healthy but more moderate pace last month. The report [...]
Doomsayers ‘proved wrong’: UK had third-fastest Covid recovery in G7, revised GDP data now shows September 1, 2023 New figures show the UK economy bounced back from the pandemic faster than had been thought.
Manufacturing downturn ‘deepens’ as production drop among fastest on record September 1, 2023 UK manufacturing hit a steep slump this month, figures revealed, as production dropped by a rate “one of the fastest in survey history”. According to the Chartered Institute of Procurement & Supply (CIPS) the UK manufacturing purchasing managers index (PMI) recorded 43.0 in August, down from 45.3 in July. This marked its lowest level since [...]
FTSE 100 close: London ends week flat after house price slump and US payroll figures September 1, 2023 London's FTSE 100 index started Friday in the green on a quiet results day, as investors look to US payroll figures after lunch for signals of more rate hikes.
Which rail workers are striking this weekend and how will it affect you? September 1, 2023 Workers across more than a dozen train companies are set to walk out this weekend, with major London hubs likes Euston and Waterloo set to be left empty. Swathes of the UK will have no train services running on Friday, amid the latest round of major coordinated transport strikes. Members of train drivers’ union Aslef [...]