Investment banking boost for Bank of America and Morgan Stanley July 16, 2024 Like other US banks, Morgan Stanley has benefited from a rebound in dealmaking activity, which fell off a cliff last year due to the impact of higher interest rates and economic uncertainty.
GSK moves into New Oxford Street office in boost for central London July 16, 2024 GSK has opened the doors to its new West End office - called the Earnshaw.
Gordon Ramsay to invest £77m in cookware brand with Rupert Murdoch’s Fox Corp July 16, 2024 Celebrity chef Gordon Ramsay has teamed up with Rupert Murdoch's Fox Corp to invest $100m (£77m) in HexClad, a maker of nonstick cookware.
Green light from London council for £330m plan to build 1,250 homes July 16, 2024 Aitch Group has been given the green light for a £330m investment in Belvedere park by a London council, to build 1,250 homes in Bexley. The east-London based property group will turn the industrial land into a series of apartment blocks with a hectare of green space. It’s good news for London’s property sector, which [...]
Welsh First Minister Vaughan Gething resigns after just a few months July 16, 2024 Vaughan Gething has resigned as First Minister of Wales and Welsh Labour leader.
The Perfume Shop: ‘Cool efficiency’ helps retailer weather soaring costs July 16, 2024 The Perfume Shop said that "cool efficiency" allowed it to weather a challenging retail market to grow its revenue to more than £300m, according to newly-filed documents.
Investors continue to buy Scottish Mortgage in bet on growth July 16, 2024 UK investors continue to be drawn to growth-focused investment trusts like Scottish Mortgage and JP Morgan Global Income & Growth.
Most bought UK stocks: Nvidia leapfrogs Apple as National Grid climbs ranks July 16, 2024 UK investors continued to pile into Nvidia in the second quarter of 2024, with the stock rising to become the third most popular in the country.
Ocado’s yo-yoing stock swings up again: Will critics ‘put away knives they’ve been sharpening’? July 16, 2024 A strong set of results this morning sent Ocado’s stock up 18 per cent, a day after a downgrade from leading broker Bernstein sent it down 10 per cent yesterday. In its interim results for the 26 weeks to 2 June 2024, the company reported revenue of £1.5bn, up by 12.6 per cent year on [...]
TfL gets vote of confidence from Moody’s as passenger numbers drive recovery July 16, 2024 Moody's said the upgrade reflected a "significant improvement" in Transport for London's operating performance.