Seedlip is worth billions, but its founder has a new alcohol free drink on his mind. We tried it first.
Wall Street slips but FTSE 100 rises as Joe Biden edges towards presidency November 6, 2020 Wall Street stocks slipped after a week of gains as Democrat challenger Joe Biden inched closer to the presidency, but the FTSE 100 rose on a mixed day’s trading. The S&P 500 dipped 0.2 per cent while the Dow Jones fell 0.3 per cent. The tech-dominated Nasdaq was 0.5 per cent lower. In the UK, [...]
US election: Stocks jump and FTSE 100 climbs amid rush into big tech November 5, 2020 Wall Street stocks jumped again and the FTSE 100 rose as investors snapped up big tech and sold government bonds and the dollar in response to the ongoing US presidential election. Prior to the election, investors had bet that a strong Joe Biden victory would lead to a big stimulus package that would encourage growth. [...]
FTSE 100 falls and US stocks mixed as coronavirus cases rise October 27, 2020 The FTSE 100 fell in afternoon trading after a choppy morning session, while US stocks were mixed amid rising coronavirus cases and some worrying economic data. London’s main stock index was last down 0.8 per cent at 5,745 points, having also fallen yesterday. Read more:HSBC to overhaul business model and accelerate plan to slash costs [...]
FTSE 100 firms ‘should have one BAME board member by 2021’ October 1, 2020 FTSE 100 firms should have at least one black, Asian, or minority ethnic (BAME) member on their boards by 2021, the Confederation of British Industry has said. The CBI is set to launch its Change the Race Ratio campaign later this month with support from companies including Aviva, Brunswick, Deloitte and Microsoft, in a bid [...]
The “homebody economy” – investing in your digital back yard September 23, 2020 | City Talk It is clear that UK shares are unloved. No likes, no shares, no new friend requests. The level of gloom surrounding this market is remarkable even amongst UK based investors, who, you might think, should feel more comfortable investing here. This is not just pandemic queasiness. Although the UK economy is service-led to some extent, [...]
The City View: Beyoncé’s former manager on why classic hits are a hot asset class August 18, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS In this episode Christian talks to music industry veteran Merck Mercuriadis, a former manager of acts including Elton John and Beyoncé whose FTSE-listed investment firm has just hit a £1bn market cap after snapping up the rights to hits including Livin’ on a Prayer, Back to Black, Uptown Funk, Single Ladies and Don’t Stop Believing. [...]
Peter Harrison: UK business needs a £30bn equity injection July 10, 2020 | City Talk The winning companies of tomorrow need help to survive today. This is how we, and the government, could help. The full economic impact of the Covid-19 crisis is now beginning to be felt as each day brings fresh news of job losses. It will get worse. £30 billion fund needed There is a chance to [...]
Not as easy as 1,2,3: Seven accounting errors that rocked FTSE firms January 22, 2020 Ted Baker today experienced the dubious honour of joining a list of FTSE firms that have been shaken by accounting errors in the past year. The fashion retailer revealed an accounting error was more than twice as bad as it previously thought, knocking shares down seven per cent. But it is by no means the [...]
FTSE 250 hits highest level in 15 months as Conservatives maintain poll lead November 26, 2019 The FTSE 250 nudged up 0.2 per cent this morning to 20,740, reaching its highest level since August 2018. The London index rose on the back of growing investor confidence that the Conservatives will win December’s General Election, after polls showed the party had maintained a healthy lead over Labour. Russ Mould, investment director at [...]
Government urged to make London Stock Exchange a battleground in fight against autocracies November 5, 2019 The government should give itself the power to block London Stock Exchange listings on national security grounds as a check on the “influence and reach” of autocratic states, a committee of MPs said. In a report released today, the foreign affairs committee (FAC) said the government is failing to engage with the threat to international [...]