Heathrow to appeal against CAA price cap as airport warns passengers will bear the brunt of ‘underinvestment’ April 19, 2023 Heathrow Airport has said it will launch an appeal against the Civil Aviation Authority’s (CAA) decision on how much it can charge passengers until December 2026. The Competition and Markets Authority will review the airport’s grounds for appeal and decide if any can proceed. Last month the UK Civil Aviation Authority (CAA) confirmed that the cap [...]
China’s Q2 GDP below expectations, fuels calls for ongoing stimulus July 15, 2024 China's economy expanded by 4.7 per cent in the second quarter of the year compared to the same period last year.
Recession fears chill UK investment as CBI urges Jeremy Hunt to rethink tax grab at March budget February 27, 2023 British businesses are poised to mothball investment due to uncertainty over whether the country is on course to tip into a recession and a looming tax grab, a new survey out today indicates. Fears of a slowdown in spending caused by families’ finances being squeezed by the cost of living crisis has knocked optimism among [...]
Sterling surges to highest level since mid-September as US inflation falls faster than expected November 14, 2023 The pound jumped higher on Tuesday afternoon after new figures showed that US inflation fell faster than expected in October making further rate hikes in the US unlikely.
Gold holds on to heavy gains as Fed signals victory in battle against inflation July 14, 2023 Gold markets have consolidated this week's price rally, following encouraging inflation data from the US.
‘We have a vision’: American Golf hails improvement despite challenging year April 17, 2024 American Golf has hailed its improved financial performance despite facing "global and national factors" which negatively impacted how much customers wanted to spend and their confidence.
Big banks set for bumper annual profits as interest rates peak February 12, 2024 Britain's biggest banks are set to report strong annual profits over the next two weeks despite mounting margin pressure from a likely peak in interest rates.
Vimto maker Nichols issues bumper dividend amid profit boom July 24, 2024 Vimto maker Nichols has issued a bumper £20m special dividend while hiking its interim dividend by 18 per cent, after the company recorded double digit profit growth in the first half of the year.
City A.M. TV: Daily Market Snapshot (video) March 26, 2021 Since the Fed’s reiteration of its super dovish stance last week (Wednesday), global markets have struggled, up until yesterday. With that, there has been marked rotation out of many of the recently popular (reflation) trades and into unloved parts of the global markets. Many of the key mid cap country equity indices, for example, have [...]
FTSE 250 posts strong weekly gain as investors look at UK stocks with a ‘new pair of eyes’ July 12, 2024 "Investors are looking at the UK with the new pair of eyes and a bit more confidence," Julien Lafargue, chief market strategist at Barclays Private Bank, said.