Topshop on the block: Meet the runners and riders… October 30, 2023 Asos bought Topshop and a number of its sister brands such as Topman and Miss Selfridges for £265m back in 2021 after Arcadia plunged into administration.
Time Out to open in Budapest, Abu Dhabi and Vancouver in 2025 – but still no London market April 17, 2024 To add to its existing seven food and drink markets, Time Out also has plans to open eight other sites in the next three years.
FTSE 100 close: Rio Tinto and Glencore hoist London index as UK economy resumes growth June 14, 2023 London’s FTSE 100 jumped today, led higher by industrial giants offsetting losses among retail and consumer-focused firms and housebuilders. The capital’s premier index added 0.1 per cent to close at 7,602.75 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, was largely unchanged at 19,175.50 [...]
Elon Musk poised to disrupt UK energy market with new Tesla supplier July 12, 2023 The energy market could be shaken up by a bold new challenger, with Elon Musk's Tesla unveiling plans to launch a new supplier in the UK.
Mark Kleinman: If Britain is open for business, prove it August 8, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
Hargreaves Lansdown survived its previous boss – private equity will be just fine, says co-founder June 20, 2024 Every week, Charlie Conchie sits down with the biggest names in financial services. This week, it's Hargreaves Lansdown co-founder Peter Hargreaves.
London Stock Exchange Group shifts FTSE Russell top job to New York June 1, 2023 The London Stock Exchange Group (LSEG) has called in a new boss to head up its indexing business FTSE Russell today - but in a major shake-up up the firm has swapped the top job out of London to New York.
Online sales tax gets canned for its ‘complexity’ November 17, 2022 Jeremy Hunt has scrapped the online sales tax, moving away from plans to better support the high street. Following a consultation, the Chancellor decided to dump the tax, reflecting the concerns about the complexity of the move, as well as “creating unintended distortion or unfair outcomes between different business models”. The levy was designed to [...]
Positive jobs growth overshadowed by late payments for UK small businesses October 26, 2023 Small businesses experienced slow sales growth and rising late payment times in the three months to September, despite increasing job growth.
The FTSE 100’s biggest winners of 2023 December 28, 2023 It has been a tumultuous year on London’s markets as a cocktail of inflation, aggressive rate hikes and geopolitical instability roiled listed equities.