Rents on private properties in London showed signs of cooling last month, according to a new report, offering a glimmer of hope for the sector after a torrid year. In …
April 2024
Equity markets shrug off geopolitical concerns after Iranian strikes
Equity and commodity markets largely shrugged off geopolitical concerns following Iran’s unprecedented drone strikes on Israel over the weekend. Although the commodity-heavy FTSE 100 shed 0.45 per cent, other major …
Everton appeal latest points deduction for breaking Premier League spending rules
Relegation-threatened Everton have appealed their two-point deduction for breaking the Premier League’s profitability and sustainability rules (PSRs). The Toffees were docked the points last week after they admitted exceeding permitted …
Over 800 directors have been disqualified for abusing Covid loan scheme
More than 800 directors have been disqualified for abusing Covid support schemes over the 2023-24 financial year following investigations by the Insolvency Service. A total of 831 directors were banned …
Jet2 founder lowers stake after shares climb takes airline and holidays group’s value past £3bn
The founder of budget airline and holidays operator Jet2 has lowered his stake in the group after stepping down as its chairman last year. Philip Neeson was succeed by Robin …
UK markets are ‘generationally mispriced,’ says youngest investment trust manager
UK markets are “generationally mispriced”, one of the youngest investment trust managers in the UK has said. Laurence Hulse, manager of the Onward Opportunities trust, led the first float of …
England spinner Derek Underwood dies aged 78
England’s most prolific spin bowler Derek Underwood has died aged 78. The Test bowler took 297 scalps in 86 matches for the national team and was affectionately known as Deadly. …
Troubled Superdry to launch steep rent cuts in latest efforts to stay afloat
Embattled Superdry will publish a restructuring plan over the coming days which will entail steep rent cuts across a large number of its 94 stores. Sources told Sky News City …
Musk to cut 14,000 jobs at Tesla, saying ‘it must be done’
Tesla is reportedly due to lay off over 14,000 employees, around 10 per cent of its workforce, as it aims to shed weight ahead of a new phase of growth. …
Samsung steals smartphone crown from Apple as Chinese rivals Huawei, Oppo and Xiaomi eat into market
Samsung has stolen the top spot in the smartphone market back from Apple, after the US tech giant gained an edge a few months ago. Apple’s iPhone sales sagged 10 …