Wework is one of London’s biggest tenants — what could a potential collapse mean? November 3, 2023 Wework has recently found itself in hot water, with US reports suggesting that the company could file for Chapter 11 Bankruptcy as soon as next week.
Is ‘China’s century’ quickly becoming India’s? November 2, 2023 Temple Melville of Scotcoin takes a look at China's historical policies and compares them to India's current stance on crypto.
Moving markets today: Fed holds, Tokyo stimulus, and all eyes on Apple November 2, 2023 What’s moving markets today? Wall Street closed higher on Wednesday, led by a 1.6% gain in Nasdaq. This followed the decision by the U.S. Federal Reserve to keep interest rates unchanged at 5.25%-5.50%. The Bank of England is also set to keep its interest rates on hold at a 15-year high of 5.25% on Thursday. [...]
Can ChatGPT replace a financial adviser? November 1, 2023 A majority of investors would be comfortable with taking investment advice from bot so CityAM decided to quiz ChatGPT on what moves we should be making.
House prices: Shock month on month rise suggests property market beginning to stabilise November 1, 2023 House prices in October were 0.9 per cent higher than in September, figures from lender Nationwide showed before the Bank makes its interest rate call tomorrow. . Compared with October last year, prices were down 3.3 per cent, a less sharp fall than September’s 5.3 per cent drop, Nationwide said. This comes after the Bank [...]
Insolvencies at highest levels since 2009 — but which sectors are the worst hit? October 31, 2023 The number of insolvencies has risen to its highest level since 2009, at the height of the financial crisis.
FTSE 100 close: London pares gains as BP slump offsets inflation hope October 31, 2023 London's FTSE markets climbed on Tuesday morning as investors received another boost from falling food inflation but oil giant BP slumped after a poor set of results.
Shanghai Surprise: Chinese manufacturing slips in worrying sign for world economy October 31, 2023 Lower than expected manufacturing numbers have spooked Asian markets this morning as China provides warning on state of global economy
‘A few people tried to talk me out of it’: The Deutsche Bank analyst who opened up thriving Farmer J lunch chain October 31, 2023 Farmer J is on track to hit sales of c.£17m in 2023 and it has plans to open six more site launches next year.
Topshop on the block: Meet the runners and riders… October 30, 2023 Asos bought Topshop and a number of its sister brands such as Topman and Miss Selfridges for £265m back in 2021 after Arcadia plunged into administration.