House builder Crest Nicholson reports mixed fortunes with completions up but post-tax profits dented by uncertainty January 17, 2023 British housebuilding firm Crest Nicholson reported an uptick in revenue and completed homes last year despite continued disruption and pressure to supply chains. The firm’s revenue up until October 2022 was up 16 per cent to £913.6m, up from £786m in the pandemic-affected 2021 report. Home completions also increased by 13.6 per cent to 2,734, [...]
What does a €50 carbon price mean for European companies? June 3, 2021 Earlier this month, the EU carbon price moved above €50 per tonne for the first time ever. The price is now more than double its level prior to the pandemic, with a sharp rise in recent months. What is the EU carbon price? The EU Emissions Trading Scheme (ETS) is designed to put a price [...]
FTSE 100 today: London markets set to open lower amid US rate cut and domestic political uncertainty May 29, 2024 Asian markets fell on inflation fears, IMF raised China's growth forecast. Investors await Fed speeches, Beige Book, Friday's PCE index.
Iron ore demand robust even as China’s economy slumps September 3, 2023 Iron ore demand in China has proven robust even amid a domestic property crisis and a sluggish revival from the pandemic, data suggests.
Release the Kraken! Octopus expands tech platform to water and broadband services May 18, 2022 Kraken Technologies is extending tentacles into the utilities sector, with new water and broadband services.
Pressure builds to scrap bankers’ bonus cap as BoE says it never backed policy September 15, 2022 Pressure is building on Kwasi Kwarteng tonight to scrap the cap on bankers’ bonuses, as the Bank of England said it never wanted the EU pay restriction. One minister also told City A.M. that scrapping the cap “makes it more attractive to be in London”, with the measure likely to get support among large sections [...]
London’s capital markets woes deepen as WANdisco eyes New York March 6, 2023 London’s ambitions to elevate its capital markets on the international stage were dealt a fresh blow today as data firm Wandisco became the latest UK tech outfit to reveal it was eyeing a New York listing. In a statement this morning, the AIM-listed firm said it was in the “early stages” of scoping out a [...]
Sunak’s reshuffle is the latest attempt to relaunch Tory politics November 14, 2023 Rishi Sunak's reshuffle was his third attempt to relaunch the Conservative Party, and this time he's also reheating David Cameron's career, writes Will Cooling
Let’s ensure London’s job market stays an attractive proposition for this year’s cohort August 30, 2022 We all remember that nervous feeling on exam results day. No matter your age, that trepidation never leaves you. This year’s A-Level and GCSE students faced challenges most of us could barely imagine. Months of learning remotely and little previous exam experience added to the usual pressure. Yet, this year’s cohort demonstrated remarkable tenacity to [...]
A battle is brewing in No10 over AI regulation February 16, 2024 An increasing number of MPs are getting frustrated over the government dragging its heels on regulating AI - a technology it has identified as a potential “existential threat”.