FTSE 100 close: London markets measured after strong week July 21, 2023 London markets stayed flat throughout Friday after a strong week, closing slightly higher and extending earlier gains caused by lower than expected inflation. The bluechip FTSE 100 was measured throughout the day and closed in the green at 7,658.53, while the midcap FTSE 250, which is more aligned with the health of the UK economy, [...]
UK car insurance costs jump 40 per cent hitting all-time high July 19, 2023 The cost of car insurance has risen to an “all-time high” with motorists shelling out a record 40 per cent more for insurance premiums than last year, new data reveals. On average, UK drivers are now paying £776 to insure their cars, up from £222 one year ago, according to Confused.com and Willis Tower Watson’s [...]
Bosses from Natwest, Shell and Sainsbury’s join PM’s new taskforce to boost growth July 18, 2023 Top bosses from firms including Barclays, Aviva and Shell have joined the Prime Minister’s new business council aimed at supercharging the UK’s growth. Prime Minister Rishi Sunak will chair the first business council meeting at No10 today, followed by a glitzy reception for scores of industry bigwigs to celebrate UK enterprise. CEOs including Alison Rose [...]
Some honesty could spice up CEO meetings with Number 10 July 18, 2023 To listen to Downing Street, today’s meeting of the great and good of the British corporate world in Number 10 – as part of the “business council” – is part of a groundbreaking relationship between private sector and policymakers. It would be churlish to critique anything that brings our business leaders closer to government, but [...]
FTSE 100 firms slash charitable giving as profits rocket July 17, 2023 Britain’s biggest companies have slashed their charitable donations by nearly a quarter over the past decade despite pre-tax profits rocketing in the same period, research has showed.
Shapps to ask supermarkets to ‘explain themselves’ over pump price hikes July 16, 2023 Supermarket bosses are set for showdown talks with the government next week over soaring prices at the pumps. Energy Secretary Grant Shapps will meet with chiefs from Asda, Sainsbury’s, Morrisons and Tesco, with the minister vowing to slam “the brakes down on the mistreatment of motorists.” In a column in The Sun, Shapps said he [...]
Arsenal fans pay £12,500 for debentures to skip 5-10 year season ticket waiting list July 11, 2023 Arsenal fans desperate for a season ticket at the resurgent club are shelling out more than £12,000 for debentures that allow them to bypass the waiting list for a seat. The Gunners’ return to Premier League title challenging form last season has seen demand swell for season tickets, even though prices range from £974 to [...]
The FTSE 100 has done us all dirty… again July 11, 2023 The FTSE 100 has done us all dirty yet – again. Over and over it marches us up a hill only to send us back down again. Former Bank of England governor Mark Carney is often referred to as the “unreliable boyfriend” of monetary policy making for his comments signalling he and the MPC would [...]
Bequia in the Grenadines: Tall tales and windswept shores July 10, 2023 Lawson Sargeant is bent over a scrubbed bench, fixing a tiny sail on a carved, wooden boat. It’s a fiddly and intricate business. In his workshop in Port Elizabeth, on the Caribbean island of Bequia, wooden replicas of yachts and sailing boats are lined up on turquoise-painted shelves all around the room. You might first [...]
It’s been an odd week for Bitcoin, but not as odd as it’s been for Twitter and Elon Musk July 7, 2023 As a 'Bitcoiner' Jason Deane details why he's uncomfortable with the prospect of one person being in control of the global chatter.