Sterling falls as Theresa May clings to power despite cabinet mutiny over Brexit deal May 23, 2019 The pound has fallen sharply this morning as Prime Minister Theresa May comes under huge pressure to resign over the coming days following a cabinet revolt. Read more: Andrea Leadsom quits Cabinet with stinging attack on May's Brexit plan Sterling had dropped 0.4 per cent against the dollar by 8.30am, to buy $1.261, its lowest value since 4 January. [...]
UK coronavirus: Brighton GP practice closes after positive test February 10, 2020 A GP practice in Brighton has closed after a member of staff tested positive for coronavirus, it is reported. The County Oak medical centre in Brighton closed this afternoon, urging patients to contact the NHS 111 phone service with any health concerns. It came as the government upgraded coronavirus to a “serious and imminent” threat [...]
City Moves for 1 May – Who’s switching jobs at Mirriad, Discoverie Group and SCS Group? May 1, 2019 Today's City Moves includes Mirriad, Discoverie Group and SCS Group. Mirriad Mirriad, the computer vision and AI platform company, has announced abBoard change as Stephan Beringer, chief executive officer, continues his strategic refocusing of the business. John Pearson is appointed to the role of non-executive chairman, with effect from 30 April. He was previously appointed [...]
Campaigner and investor Helena Morrissey casts vote for Brexit party in upcoming Euro-election May 20, 2019 Investor and campaigner Dame Helena Morrissey has revealed she cast a postal vote for the Brexit party in the upcoming European elections, saying the Conservatives have not delivered on the result of the 2016 referendum. Read more: City 'must change everything' to improve diversity, says Helena Morrissey “I believe we should leave the EU and [...]
Global stock markets jump as Trump announces meeting with China’s Xi Jinping June 18, 2019 Stock markets around the world have been boosted by US President Donald Trump’s announcement that he will meet President Xi Jinping of China for trade talks at next week’s G20 meeting in Japan. Read more: IMF head: US-China trade war biggest threat to global growth Trump had previously said that China would be slapped with [...]
US President Trump greets Queen at Buckingham Palace in UK state visit June 3, 2019 Donald Trump met the Queen for the second time as President this morning as he began a three-day UK state visit to the UK to coincide with the 75th anniversary of D-Day. Trump's first state visit to Britain will see him meet with an array of politicians and royalty and began at Buckingham Palace, where he [...]
The FTSE 100 just closed at a record high as the pound bounced November 3, 2017 Despite a decidedly slow day of trading, the FTSE 100 closed at a record high today, finishing at 7,560.35 points. The index was pushed higher by NMC Health, which rose 4.2 per cent, and the Coca-Cola Hellenic Bottling Company, which rose three per cent. However, the index itself only mustered a 0.07 per cent rise. [...]
Numis sees revenues plunge amid Brexit uncertainty and lower share prices March 29, 2019 London-based stockbroker Numis has warned shareholders today that it expects to deliver revenue approximately 26 per cent lower in the first half of 2019 than it did in the same period a year before. Read more: Numis warns of Brexit hit to trading performance In a trading statement released this morning the company, which is [...]
How will Mark Carney respond to the FTSE 100 sell-off? The shadow MPC votes to hold as market bets on May hike pull back February 7, 2018 Markets have dialled back their bets on a May rate hike from the Bank of England after the massive market sell-off at the start of the week, with Mark Carney due to make his first public statements since the turmoil tomorrow. Investors are currently pricing in a 37 per cent probability of a rate hike [...]
Sterling recovers from 34-year low amid Brexit showdown September 3, 2019 Sterling crashed below $1.20 this morning to a 34-year low as markets readied themselves for a tumultuous day in Westminster as political chaos hits the Brexit process. The pound (GBP) dropped as much as 0.83 per cent in early London trading to trade at $1.1961 against the dollar (USD). Read more: Brexit: PM to call [...]