Chicken King’s empire still in the red despite sales passing £3bn May 8, 2024 The food empire run by the so-called "Chicken King" has spent another year in the red despite its turnover rising to more than £3bn.
The Notebook: Brexit has been a failure, and politicians can’t ignore it forever May 7, 2024 James Chapman, director of Soho Communications, takes the Notebook pen to talk Brexit, music and PR lessons from Ed Balls.
FTSE 100 today: London markets to scale to new highs on growing rate cut bets, riding global rally wave May 7, 2024 Asian markets surged in line with Wall Street's positive trend, while oil prices rose after Israel's strike in Gaza. Gold prices also climbed amid geopolitical uncertainties. Australia's central bank holds the cash rate at 4.35 per cent. Investors are now focused on the Bank of England (BoE) policy decision and UK GDP data for further market cues.
Shop price inflation slows but political tensions ‘pose a threat’ to stability April 30, 2024 The rate at which shop prices rise has slowed to its lowest level in close to three years but geopolitical tensions and the knock-on impact on commodity prices, like oil, pose a threat to future price stability.
FTSE 100 today: London markets set to extend record streak on strong global cues April 30, 2024 Asian stocks tracked Wall Street's gains, while Japan's yen held firm after suspected intervention spurred sharp gains. Oil prices dipped amidst Israel-Gaza ceasefire talks, and China's factory activity expanded for the second month. Investor attention was on the upcoming Fed policy decision and earnings reports from Amazon.com and Coca-Cola.
US economy disappoints in first quarter of 2024 as growth slows far more than expected April 25, 2024 The US economy slowed far more than expected in the first quarter of the year as its gross domestic product (GDP) endured the influence of stubborn inflation and high interest rates.
Chocolate and discount-loving Brits drive food inflation down for 14th straight month April 23, 2024 Grocery price inflation fell to 3.2 per cent over the four weeks to 14 April, marking the fourteenth monthly drop in a row, new figures by Kantar show.
What is going on with London house prices? It’s messy, but green shoots are appearing April 22, 2024 After a challenging few years green shoots appear to be emerging in London’s property market.
Banks, retailers and tech giants dominate big blue-chip results week April 21, 2024 A slew of blue-chip results on both sides of the Atlantic will dominate the corporate news agenda this week, alongside key US economic data set to bolster the case for higher-for-longer interest rates.
The week that was: London woes, hedge funds short on water, and confusing jobs data April 20, 2024 Confusing inflation data, further tribulations for water firms and yet more woes for the London Stock Exchange, we review another busy week in the City.