China takes aim at ‘illegal activities’ in the iron ore market November 27, 2023 The price of iron ore fell 1.2 per cent on Monday morning, to £104.67 ($132.20) per tonne, bringing to a halt five weeks of gains after Chinese officials warned the country may intervene in the market. The National Development and Reform Commission (NDRC) said on Friday it had met with major port operators to discuss [...]
Misery for London retailers as they face £575m business rates bill November 27, 2023 Retail properties in London could be faced with an extra £575.55m in business rates next year as they are not eligible for support measures.
Advertisers bump up spending on Rightmove despite ‘volatile’ housing market November 27, 2023 Advertisers are upping their spend in the battle for eyeballs on housing marketplace Rightmove.
The Notebook: Zac Goodman on why there’s life after Wework for flex offices November 27, 2023 Zac Goodman, founder and CEO of TSP, talks the rise and fall of Wework, transforming an Edwardian building into a modern office, and Elon Musk.
After the debanking scandal, Britain needs to give up its stake in Natwest November 27, 2023 Selling its remaining holdings in Natwest is obviously the right thing for the government to do: the state has no business owning a financial services conglomerate.
London’s mega wealthy turn to renting amid high interest rates November 24, 2023 London’s ultra wealthy are opting to rent instead of snapping up homes as high interest rates and a tough buyer market have dampened interest.
Oil prices: Brent steady ahead of OPEC+ production decision on possible supply cuts November 24, 2023 Brent crude futures were steady on Friday as traders kept their powder dry ahead of an OPEC+ meeting that could bring agreement on further supply cuts. Brent crude futures were down eight cents, or 0.1 per cent, at $81.34 a barrel by 0913 GMT, having settled 0.7 per cent down in the previous session. U.S. [...]
Duvet? Check. Sweater? Check. Health check?… check. John Lewis launches in store clinics November 24, 2023 Customers shopping at John Lewis will now be able to check their iron levels alongside buying a new duvet set, as the struggling department store rolls out in store health clinics in its latest scramble to drag customers amid tough trading conditions. The ailing retailer has partnered with Covid testing group Randox Health to offer [...]
Londonmetric boss: Property market is a ‘long way from functioning normally’ November 23, 2023 Londonmetric has said the commercial real estate sector is still a long way from functioning normally, despite high demand for logistics.
Ed Warner: What other sports can learn from boxing’s trash talking and Barry Hearn November 23, 2023 Our columnist on the noble art's hype machine, the Cricket World Cup and, er sheep shearing.