Travel bosses fume as Portugal axed and no new countries added to UK’s travel ‘green list’ June 3, 2021 Travel bosses fume as Portugal axed and no new countries added to UK's travel 'green list'
Lloyds Banking Group becomes first FTSE 100 firm to set ethnic diversity target February 11, 2018 Lloyds Banking Group is to be the first FTSE 100 group to set a formal target to make its senior staff more ethnically diverse. The group has set a target of making eight per cent of its senior management black, Asian and minority ethnic (BAME). Currently 5.3 per cent of the people who hold these [...]
World markets rally amid growing hopes of Fed interest rate cut July 11, 2019 FTSE and other European markets enjoyed a bump this morning as expectations of an interest rate cut in the US mounted. Caution expressed yesterday by the chairman of the US Federal Reserve, Jay Powell, has been interpreted as a likely nod that rate cuts would happen at the end of this month. Read more: Powell [...]
London retail landlords struggle to collect rent from tenants October 12, 2020 London commercial property landlords are struggling to collect rent from beleaguered retail tenants amid a slump in footfall during the coronavirus pandemic. Great Portland Estates announced this morning that it collected just 21 per cent of the retail, hospitality and leisure rent it was owed in the quarter ended 30 September. However total rent paid [...]
Renishaw shares dive after second profit warning May 14, 2019 Renishaw shares crashed more than seven per cent this morning after it unveiled its second profit warning in two months. The Ftse 250 healthcare technology group said adjusted profit before tax in the nine months to 31 March was down 18 per cent at £79.6m. Read more: Renishaw shares plummet as it issues profit warning [...]
Markets drop as US and China enter fierce war of words August 15, 2019 A fierce war of words between China and the US broke out today after Beijing vowed to strike back over the 10 per cent tariffs the Trump administration is set to apply to $300bn of Chinese goods. Read more: Recession warning lights flash red as US and UK ‘yield curves’ invert China’s finance ministry said [...]
City grandee Bob Wigley sued over collapse of Yellow Pages-owner Hibu August 7, 2019 City grandee Bob Wigley has been named in a multi-million dollar lawsuit relating to his time as chairman of Yellow Pages-owner Hibu and the company’s collapse in 2013. The lawsuit, which was filed last week in the US, accuses Wigley and other directors and officers of the former FTSE 100 firm of deliberately crashing the [...]
FTSE 100 shares fall again after steep drops on Nikkei, Hang Seng and Sensex February 9, 2018 The FTSE 100 was falling again in morning trading today, after sharp falls among Asian stocks overnight. The drop came after US markets closed in correction territory last night, with both the Dow Jones and the S&P 500 falling more than 10 per cent since their most recent highs. Today the FTSE 100 fell as [...]
Prudential UK property fund delays withdrawals for up to six months July 4, 2019 Last week Bank of England governor Mark Carney said these types of funds were "built on a lie"
Global stock markets spooked by Hong Kong and Argentina August 13, 2019 Global investors are having a nervous morning as unrest in Hong Kong drags down Asian stocks and market turmoil shakes Argentina. Read more: Asian stock markets fall as embattled Hong Kong leader urges calm European stock markets have followed their Asian counterparts downwards. The German Dax index was 0.5 per cent down in early trading, [...]