International students are a growth strategy, not an immigration problem May 14, 2024 Higher education is an export worth more to the UK economy than tobacco. Rebranding international students as an immigration issue will do real damage to businesses, say Jamie Arrowsmith and John Foster Since 2019, this government has been quietly delivering one of the most successful strategic policies in recent memory. The target: to drive a [...]
New West End Company chief leaves role as chief of business group for down under April 28, 2022 The head of the New West End Company is departing to oversee improvements to Sydney’s Western Harbour shopping district. After six years at the industry body, Jace Tyrell is leaving to head Australia’s first business improvement district (BID), the New Sydney Waterfront Company. NWEC works across 80 streets in the central London heartland, representing 150,000 [...]
‘Let people invest’: Matt Hancock makes case for liberal crypto rules April 7, 2022 Matt Hancock, the former health secretary, has come out in favour of permitting mass crypto adoption in the UK.
Investors’ warm response to break up rumours boosts HSBC shares May 3, 2022 Shares in Britain’s biggest bank climbed today in a sign investors backed a proposal by its largest shareholder to carve out its profit-machine Asia business. FTSE 100-listed HSBC’s shares gained 1.61 per cent today on the first day of trading in London since calls to break-up the lender strengthened. Ping An, a Chinese insurance giant [...]
FTSE 100 close: BP propels London index to record high as UK set to swerve recession February 8, 2023 London’s FTSE 100 pumped to a record intraday high today led higher by oil giant BP and investors globally cheering signs that central banks are nearing the end of their interest rate rises. The premier index hit its record intraday high of a shade over 7,925 points at the open in the City today. It [...]
Distribution giant Bunzl reports slip in profits despite boost in revenues February 28, 2022 Distribution giant Bunzl reported a slip in profits today despite revenues rising 1.7 per cent, as its food and retail divisions rebounded from a pandemic slow down.
FTSE 100 close: British Gas owner propels to top of London index after record profit July 27, 2023 London’s FTSE 100 bumped higher today after a manic morning of company earnings gave a lift to market sentiment. The capital’s premier index added 0.21 per cent to reach 7,692.77 points, while the domestically-focused mid-cap FTSE 250, which is more aligned with the health of the UK economy, climbed 0.45 per cent to 19,273.37 points. [...]
Central London only slightly busier amid Black Friday sales November 29, 2021 Central London was only ever so slightly busier thanks to Black Friday deals last week as retail chiefs noted fewer shoppers than pre-pandemic levels. Central London saw a 2.3 per cent boost to footfall week on week for the week beginning 21 November. Footfall in the area was down 22.3 per cent on 2019 levels, [...]
What lies ahead for the insurance industry in 2024? December 24, 2023 The insurance industry, like others, had a challenging 2023. But what could 2024 hold for the sector?
Mark Kleinman: What’s next for BT and the City’s ugliest row of 2023 July 13, 2023 Mark Kleinman, City editor of Sky News, writes fortnightly for City A.M. Germans could be on the line at Jansen-less BT Hanging-up time is fast-approaching for Philip Jansen, whose plan to step down as CEO of BT Group next year – revealed by me last weekend – was confirmed on Monday. Sources have told me [...]