Moving markets today: What’s shaping the FTSE 100 this morning February 16, 2024 The S&P 500 hit a record high despite big tech losses, while the Nikkei reached new heights and oil remained stable. Investors awaited the release of UK retail sales and US PPI data.
The Notebook: Afraid of the big bad wealth tax? You shouldn’t be April 10, 2024 Neil Bennett, global co-CEO of H/Advisors, takes the Notebook pen to talk wealth taxes, the ONS, and why history's the new rock and roll.
Mike Ashley’s Frasers Group strengthens grip on AO as it increases stake again February 13, 2024 Mike Ashley's Frasers Group now owns almost a quarter of electricals seller AO after the retail giant further upped its stake.
Fall out from mini budget STILL being felt by Foxtons, as estate agent reduces sales pipeline March 7, 2023 Foxtons has said that it is still feeling the effects of the mini budget as the listed estate agent is forced to reduce its sales pipeline for the year. The London-listed group warned the effects will be felt for the “majority” of 2023, after October’s mini budget led to a sharp drop in house buying [...]
Spring Budget 2024: Business leaders livid ‘overwhelming’ case for one tax cut didn’t land March 6, 2024 Bosses, including the chief of Marks and Spencer and the head of British Airways, have reacted with fury this afternoon, following the Chancellor’s snub of the tourist tax.
All3Media: The Traitors maker still in the red before £1.15bn RedBird IMI takeover September 6, 2024 Turnover dropped below the £1bn mark at TV and film production powerhouse All3Media, which is behind the likes of The Traitors, in the year before it was acquired by RedBird IMI, the investment fund helmed by US media titan Jeff Zucker. The London-headquartered company was snapped up from Warner Bros Discovery and Liberty Global in [...]
BMW back in the black after UK sales move up a gear August 7, 2024 The UK arm of BMW surged back into the black during 2023 thanks to a jump in sales across all its brands. The Hampshire-headquartered division has reported a pre-tax profit of £114m for the year after posting a pre-tax loss of £16.8m in the prior period. Newly-filed accounts with Companies House also show that its [...]
Shift from frozen to chilled food widens losses at Covent Garden Soup and Linda McCartney’s maker May 2, 2024 The maker of Covent Garden Soup and Linda McCartney's vegetarian food said customers switching from frozen to chilled food hit its sales and contributed to its widening losses during its latest financial year.
FTSE 100 today: London markets likely to soar on the heels of global tech rally January 19, 2024 Global stocks surge in a tech rally, oil prices dip, and Bitcoin hits a five-week low. Attention now shifts to UK retail sales and U.S. Michigan Sentiment data.
FTSE 100 close: Markets close lower as housebuilders weigh on index June 7, 2023 Strong morning bumps for Primark-owner Associated British Foods and BT were offset by a slump for housebuilders today as the FTSE 100 closed marginally lower. A slump in trading for housebuilders kept movement on London’s flagship index subdued, with the index closing lower. Housebuilders were down after figures from Halifax showed a first annual fall [...]