FTSE 100 close: London markets close in the green after US inflation print August 10, 2023 London’s markets ended higher as investors were boosted by data which suggested the US had got a firm grip on its inflation problem. The FTSE 100 index ended 0.4 per cent higher up to 7,616.38 while the mid-cap FTSE 250 index climbed 0.3 per cent to 18,986.76. Although US inflation increased slightly for the first [...]
FTSE 100 close: Next falls on reports of Fatface deal as London markets slip into the red October 11, 2023 London's FTSE indexes were treading water early on Wednesday after yesterday's rally with investors nervy ahead of key US inflation data tomorrow.
Sadiq Khan expands London ULEZ scrappage scheme in wake of Uxbridge by-election loss August 4, 2023 The Mayor of London has announced a major expansion of financial support designed to ease the impact of the capital’s ultra low emission zone (Ulez) on people’s pockets. Sadiq Khan said every Londoner with a polluting car facing charges under Ulez will now be able to receive a grant of up to £2,000 to support [...]
Shaftsbury integration ‘progressing well’ in vote of confidence for booming London west end June 14, 2023 Shaftesbury delivered a confident update to the markets, as a return to international tourism and its £4.9bn merger with Capco helped boost activity London’s West-end. In March last year, the two West-end landlords merged, meaning that Shaftesbury who owns land around Soho and Capco who owns land around Covent Garden now operate under one ownership. [...]
Two pints at the Tesco? Supermarket to open a London pub for coronation weekend April 20, 2023 Tesco will open a pub for the King’s Coronation right in the heart of the City as it aims to dish out affordable pints to cash strapped boozers over the bank holiday weekend. Located in London’s Farringdon, on 61 Cowcross Street, The King in the Castle, will offer a Coronation-themed menu featuring products such as [...]
Coinbase HQ move to London could happen in the future, CEO says April 18, 2023 The chief executive of cryptocurrency exchange platform Coinbase said today that switching its headquarters to the UK was “on the table” if the regulatory regime does not improve in the US. In response to a question asking whether the firm could move its headquarters to the UK, chief executive Brian Armstrong replied saying “anything is [...]
Raspberry Pi eyes £409m London IPO and says need for US float is ‘overblown’ October 8, 2023 Raspberry Pi, which makes beginner-friendly coding computers, is exploring a potential London float, which could see the company valued at over £409m.
The success of London’s financial services can create equality of opportunity in the UK June 12, 2023 Our financial services spread opportunities throughout the UK. We have to build on their success to put our country at the forefront, and make it a good place where to live for everyone, writes Chris Hayward
Tech firms listing in London? That’s a red flag, says short seller Carson Block October 5, 2023 Any tech firm that lists in London should raise alarm bells, short seller Carson Block has said today, as he took aim at the City’s “clubby” culture and focus on pedigree.
Last orders: London sees highest number of pub closures out of any English region October 9, 2023 London has seen the highest number of pub closures out of any region in England, with a total of 46 haunts shuttering in the first half of the year, a new study has shown. Across the whole of the UK some 383 pubs were also permanently closed within the same period, according to new figures [...]