FTSE 100 close: Barclays surge fails to prevent losses on London index April 27, 2023 London’s FTSE 100 slipped today, pushed lower by investors wobbling over concerns about the health of the global economy amid banking and interest rate fears. The capital’s premier index dropped 0.27 per cent to 7,831.59 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, climbed [...]
‘Meet Wuxi in London: New Development, New Cooperation’ Investment Briefing and Exchange Conference Held August 11, 2023 The Wuxi (London) Investment Promotion Conference took place in London on the 9th, where representatives from various sectors in China and the UK gathered to discuss cooperative opportunities and witness the signing of multiple significant projects. Concurrently, the exhibition themed “Encounter Wuxi” was inaugurated in London, running for a duration of five days. In her [...]
FTSE 100 today: London markets brace for quiet session ahead of US inflation data, Q1 earnings April 9, 2024 US stocks closed mixed, while Asian markets climbed. Oil prices rose, and most Asian currencies weakened against the dollar. Precious metals surged. Investors are now focusing on upcoming US inflation data and Federal Reserve minutes following a strong March jobs report.
Lloyd’s of London chief: Why the City needs Monday to ‘come back’ March 8, 2023 Lloyd’s of London chief executive John Neal has said he wants to “get Monday back” in calling for brokers and underwriters to return to the office four days a week. The insurance chief said that while “Tuesdays, Wednesdays, and Thursdays are busy” he now wants Lloyd’s staff to work in the firm’s City building on [...]
London Stock Exchange Group posts rise in profits as data division cashes in April 27, 2023 The London Stock Exchange Group said its “strategy continues to deliver” this morning as it shrugged off a slowdown in equity markets and notched a rise in profits in the first three months of the year. In a trading update today, the owner of the London Stock Exchange said gross profits had risen 13.9 per [...]
FCA mounts defence after being blamed for Arm’s London snub March 8, 2023 The Financial Conduct Authority has mounted a defence of its role in the botched charm offensive on British chipmaker Arm today after the firm revealed it would shun a London listing in favour of New York last week.
NFL UK home teams confirmed for 2023 London games January 19, 2023 The NFL have confirmed the home teams for their 2023 schedule, including the three games to be held in London. The Buffalo Bills and the Tennessee Titans will host matches at the Tottenham Hotspur Stadium – the only purpose-built NFL stadium outside of the USA. It’s a timely return for the two sides with the [...]
Bobby Arora: B&M bigwig sells London pad near Buckingham Palace for 30 per cent loss March 8, 2024 British billionaire and trading director for budget retailer B&M has sold his London mansion for a 30 per cent loss.
‘I would’ve thrown an egg at him’: Jeremy Hunt under fire for his London Stock Exchange push March 8, 2024 The boss of challenger stock exchange Aquis has launched a blistering attack on Jeremy Hunt today, claiming he wanted to throw an egg at the Chancellor for his "anti-competitive" push to turn the London Stock Exchange into the “Nasdaq of Europe”.
London businesses shelve hiring plans amid UK recession uncertainty March 8, 2023 London businesses are the most reluctant to take on new staff in the UK due to uncertainty over whether the country will eventually tip into recession, a closely watched survey out today reveals. The capital’s firms are trimming intentions to expand their workforce due to concerns over a looming drop in consumer spending amid the [...]