Moving markets: Five things shaping the FTSE 100 today February 15, 2024 Asian markets rose in line with Wall Street's momentum. Uber, Lyft, and Nvidia drove the S&P 500, while Bitcoin surpassed $52,079. Japan entered a recession, drawing attention to the UK Q4 GDP and U.S. retail sales.
Treasury presses ahead with online sales tax October 18, 2021 The Chancellor is reportedly amping up plans for an ‘Amazon tax’ that would help bricks-and-mortar high street stores. It comes after businesses were left bitterly disappointed by reports that Rishi Sunak has delayed a radical overhaul of the business rates system. Treasury officials have sped up work on a new online sales tax in the [...]
UK to roll out new TV streaming rules in boost for broadcasters June 14, 2021 The government is said to be preparing new rules that would force tech firms such as Amazon and Samsung to give greater prominence to public broadcasters. Legislation being finalised by Whitehall officials will guarantee that public service broadcasters (PSB) such as the BBC, ITV and Channel 4 are easy to access on smart TVs, the [...]
Hammersmith: Picton snaps up office and retail space for £13.7m as it bets on Olympia redevelopment May 16, 2022 Real estate investment trust Picton has completed a freehold takeover of a mixed-use space in Hammersmith for £13.7m. Charlotte Terrace, on Hammersmith Road, includes four adjoining buildings, with a total of 28,500 sq ft of office space and 4,400q ft of retail space. The office space was redeveloped in 1990 behind a Grade II listed [...]
The Square Mile and Me: James Ashton on Occupy London, the City’s history, and Balfour’s oysters March 16, 2023 Each week we ask the City’s great and good to delve down memory lane. This week, it’s James Ashton, the chief executive of the Quoted Companies Alliance, representing small- and mid-cap listed firms, and a former newspaper journalist What was your first job in the City? I wrote about advertising and media for Reuters, based [...]
So what’s the plan, Elon? April 26, 2022 PLENTY of people have laughed at Elon Musk over the years, and often it’s the eccentric billionaire that’s had the last laugh. At various points, everything from Tesla to SpaceX has been written off – but even with a track record of proving critics (mostly) wrong, his anticipated acquisition of Twitter looks an almighty risk. [...]
ITV’s upcoming streaming service gains momentum as revenue jumps a fifth May 11, 2022 British television network ITV revealed its new streaming service is set to launch this year after revenue jumped 18 per cent.
Making hybrid working work across the City March 9, 2023 Last month, ACCA published our inaugural Global Talent Trends 2023 survey, which shared valuable insights into workplace trends and practices from more than 8,400 professional accountants around the world. We found that out of all the topics covered in the report, hybrid working attracted the most attention. This deep interest in hybrid work models is [...]
Wall Street rises on hopes the Fed may take it easier on rate hikes June 2, 2023 Wall Street rose on Thursday with hopes that the Federal Reserve may soon take it easier on its hikes to interest rates. The S&P 500 rallied 1 per cent after a suite of reports painted a picture of a split US economy. The job market remains solid, but manufacturing is weakening and retailers are seeing [...]
Facebook and Twitter ‘failing to tackle fake review factories’ January 13, 2022 Facebook and Twitter have been accused of failing to tackle an online industry of fake product reviews, with new research uncovering schemes on the platforms with hundreds of thousands of members.