Joe Biden could favour Ireland travel corridor over London-New York link – reports November 27, 2020 The aviation industry is facing a race against time to set up a travel corridor between London and New York amid fears that President-elect Joe Biden will favour an air link with Dublin instead. There had been hopes that a quarantine-free corridor between London and New York would be in place by Thanksgivings, but these [...]
FTSE 100 close: London flat after US jobs figures fuels Fed rate speculation August 7, 2023 London’s FTSE 100 opened the week in sluggish fashion as investors take in fears across the pond that the Fed could hike rates again. The capital’s premier blue chip index closed on 7,556.41 points, 0.11 per cent down, while the FTSE 250, which is more aligned with the domestic market, was also broadly flat on [...]
Burger King father-son team acquires London favourite Crosstown Doughnuts June 5, 2024 A father-son team who once led the largest Burger King franchise in the UK have acquired Crosstown Doughnuts after the brand launched a search for new investment earlier this year.
St James’s Place set to plummet out of FTSE 100 May 29, 2024 St James's Place is set to fall out of the FTSE 100 after ten years in London's main index.
Gas prices: How long before they return to pre-energy crisis levels? April 5, 2023 Gas prices will not return to pre-crisis levels for another three years despite the recent drop-off, warns investment group Stifel.
Virgin accuses Heathrow of ‘abusing its power’ as British Airways weighs in on CAA decision to fix price cap March 8, 2023 A war of words has broken out between Heathrow Airport and major carriers Virgin Atlantic and British Airways, following the Civil Aviation Authority’s decision to fix the passenger price cap. The regulator confirmed the average maximum price per passenger will fall by about 20 per cent from £31.57 per passenger in 2023 to £25.43 per [...]
Lenovo hit by global slump in PC demand following pandemic frenzy August 17, 2023 Chinese computer maker Lenovo has reported a near quarter fall in revenues as global PC sales struggle to recover from a post-pandemic slowdown. Lenovo revenue shrank 24 per cent between April and June to $12.9bn (£10.1bn), below average Refinitiv forecasts of $13.8bn (10.9bn), as computer sales declined. Shares dipped over three per cent on Thursday [...]
Haleon inches revenue forecasts higher yet again post-GSK split November 10, 2022 Haleon has inched its revenue forecasts higher, as the consumer health giant books a revenue of £2.89bn for the past three months. It is the second time bosses at London-listed Haleon have raised guidance since the split from GlaxoSmithKline (GSK) earlier this year. Haleon, which owns Sensodyne and Panadol, now expects revenue for the full year to grow [...]
Tube strikes: Bosses warn of ‘hammer blow’ to London trade as dispute drags on September 26, 2023 Business chiefs have warned that rail strikes set to take place in next week will deal another “hammer blow” to trade in the capital as the cost of rail strikes on City businesses continues to rise.
Looking to start a business in the new year? A serial entrepreneur shares her top tips December 27, 2023 A serial entrepreneur shares her top tips to start a business in the new year with City A.M.