Why Am I So Single? review: Six the Musical creators return with the most fun new show in the West End
Mike Pence: The minute the UK is out of the EU, the US is in September 5, 2019 The US Vice President has tonight pledged a free trade deal with the UK “immediately upon the completion of Brexit”, saying Donald Trump stands “shoulder-to-shoulder” with the new Prime Minister. Speaking at a black-tie dinner at Guildhall in the City of London this evening, Mike Pence told business chiefs the country was like a phoenix [...]
Greene King shares surge 50 per cent on news of purchase by Hong Kong’s richest man August 19, 2019 Investors raised a glass to Greene King after the pub and brewery group agreed to be taken over by Hong Kong’s richest man in a £2.7bn deal. Shares shot up more than 50 per cent yesterday following the announcement that a subsidiary of CK Asset Holdings (CKA) will buy the entirety of Greene King’s shares [...]
Challenger banks struggling to compete with big five banks on cash deposits, study finds May 30, 2019 Challenger banks are struggling to break the stranglehold of the big five banks on the UK's £1.3 trillion cash deposit market, despite often paying better interest rates. The UK's big five banks – Barclays, Lloyds, HSBC, Santander and the Royal Bank of Scotland – hold £827bn of the UK's household deposits, a market share of [...]
HSBC’s (HSBA) profits jump as the bank looks to Asia for growth October 30, 2017 HSBC’s third-quarter profits have jumped as the bank looks to Asia to fuel its growth. The figures For the three months to the end of September, HSBC reported quarterly profits of $4.6bn (£3.5bn), up 448 per cent from $843m at the same point last year. Read more: HSBC appoints John Flint to succeed Stuart Gulliver [...]
FTSE 100 and US stock markets drop as Chinese trade war concerns weigh on investors May 29, 2019 The FTSE 100 fell 1.2 per cent today amid signs of an escalation in the China-US trade war along with growing concerns over a no-deal Brexit. All 10 blue-chip indices were in the red after China warned Beijing was ready to use its control over rare earths to his back at the US in their [...]
HSBC share price falls: Doubled profits miss expectations as Gulliver goes on his travels February 20, 2018 HSBC more than doubled full-year profits but missed analyst expectations in an early hours announcement today. Shares in the lending giant fell nearly five per cent in the first hour of UK trading. Profit before tax was $17.2bn compared with $7.1bn in 2016. Analysts had projected a bottom line of $19.7bn. “These good results demonstrate [...]
Learning lessons with Tej Kohli March 10, 2021 The tech tycoon’s legacy is built on hard work, determination, and some savvy investments. This post was updated on 13 May 2021 to reflect the launch of the Tej Kohli & Ruit Foundation. Tej Kohli knows what it is like to fail. In his twenties, the Indian-born, British-based billionaire, made some bad decisions about his [...]
Impax Asset Management boosts AUM by 15 per cent April 8, 2019 Impax Asset Management, which focuses on sustainable investments, has boosted assets under management by 15 per cent in the first three months of this year. The London-based firm said AUM increased from £11.5bn at the end of December last year to £13.2bn at the end of March 2019. Read more: Asset management firm Miton boosts [...]
FTSE 100 sinks into red on Trump’s threat to impose fresh China tariffs August 2, 2019 The FTSE 100 has slumped 1.7 per cent this morning, putting it on course for its worst day in more than four months after US President Donald Trump threatened to impose more tariffs on China. Trump’s threatened escalation in the trade war, plus tumbling shares in Royal Bank of Scotland (RBS) on the back of [...]
Shanghai-London stock market connection finally launched June 17, 2019 The long-awaited London-Shanghai Stock Connect that links the two markets has been launched today, letting UK and Chinese companies sell shares on each others’ stock markets in a pioneering scheme. Read more: HSBC confirms it is exploring Chinese listing via new London-Shanghai link It marks the first time any foreign company will be able to [...]