US Treasury yields jump and Bitcoin hits record as Trump wins election November 6, 2024 US Treasury yields jumped and Bitcoin surged to a new record as markets reacted to Donald Trump's victory in the presidential election.
Marks and Spencer shares up on double-digit growth as turnaround pays off November 6, 2024 Marks and Spencer has reported another bumper set of results ahead of the golden quarter as its turnaround plan continues to pay off. The company’s share price rose by nearly five per cent in early trades and reached a level not seen since 2016. Profit before tax rose 17.2 per cent to £407.8m, up £348.1m [...]
London house prices gloom revealed but owners set for £84,000 boost November 6, 2024 The average home in Britain will be £84,000 more valuable in five years’ time, according to a new forecast, but London house prices will grow slower than anywhere else in the UK. Real estate giant Savills has said it expects the typical property value to reach £442,000 by the end of the period to 2029, [...]
Column: The challenges facing Kemi Badenoch… November 6, 2024 Politicians, the public often decry, lack real-world experience. Whether it be running a business, working in healthcare, serving in the armed forces, anything that demonstrates their ‘feet on the ground’ credentials is a plus. It covers parents too. Just look at Keir Starmer’s oft-touted “toolmaker father”; Rishi Sunak, the “son of a pharmacist; and even [...]
Club World Cup: Fifa to make City and Chelsea send strongest teams November 5, 2024 Manchester City and Chelsea will be obliged to field their strongest teams throughout next summer’s Fifa Club World Cup – while still having to release players for international duty immediately before it. The new 32-team event is scheduled to take place in the United States between June 15 and July 13 and has been the [...]
Six Nations investors CVC Capital Partners have offices raided November 5, 2024 CVC Capital Partners, whose sport investments include the Six Nations and Premiership Rugby, has reportedly had its offices raided alongside the French football league in Paris. Police searched the office of the private equity firm and the football body on Tuesday as part of a potential corruption investigation, according to reports. Prosecutors are said to [...]
Watch the US election all night long at these five London bars November 5, 2024 It’s the most stressful a US election has felt in London in a long time, as Trump looms over a potential second term in office. City traders are holding off on betting on the dollar while one senior UK politician told City AM we must unite behind the outcome whichever way it swings. But until [...]
Arsenal return to scene of European glory night seeking another lift November 5, 2024 Arsenal’s last visit to the San Siro to play Inter Milan, 21 years ago this month, is the stuff of red and white legend. Desperately needing a result to keep alive their Champions League hopes but sent into battle at one of European football’s most daunting arenas without key players, Arsene Wenger’s team delivered a [...]
Partner fees at regional law firms are catching up with City rivals November 5, 2024 The vast majority of law firms are expecting increased revenues, but City partners are seeing their fees slowly drop whereas regional law firms are catching-up
FCA lays out research changes to boost investment into London markets November 5, 2024 The Financial Conduct Authority has revealed a host of changes to investment research rules today in an attempt to enhance analysts’ coverage of smaller companies and boost investment into the stock market. A lack of investment research in the UK has been frequently cited as a key reason for declining investment in Britain over the [...]