Hundreds of jobs are set to be axed after Kellogg’s confirmed plans to close its Manchester-based factory. The company, which now goes by the corporate name Kellanova, first signalled its …
Financial Planning
FTSE 100 trounces US and Europe since start of interest rate hikes
The FTSE 100 has emerged as the West’s best-performing major stock index in the era of higher interest rates following a massive rally that has narrowed the blue-chip’s discount to …
HS2: Cancelling London Euston section would put pressure on Elizabeth Line, advisers warn
Cancelling the Euston section of HS2 would leave Londoners too reliant on an already struggling Elizabeth Line, government advisers have warned. The National Infrastructure Commission said failure to terminate the …
Iconic venue Queen’s Club to host major women’s tennis event
The iconic Queen’s Club in west London will host the world’s best female tennis players in a competitive tournament for the first time in 50 years. Home to the men’s …
Another one? American firm plots London Stock Exchange listing amid signs of revival
Another firm is reportedly gearing up to float on the London Stock Exchange in the coming weeks as the City begins to show signs of revival after a barren period …
Eurostar leaves Brexit woes behind with plans for 50 new trains
Eurostar has unveiled plans to invest in up to 50 new trains as it ramps up capacity on the Channel Tunnel to meet booming demand. The High Speed operator said …
Labour hoarding makes life difficult for Bank of England, rate-setter says
Labour hoarding since the pandemic has helped fuel inflation and will make it very difficult for policymakers to know when it is appropriate to cut interest rates, a Bank of …
Investment in London’s industrial market slumps to decade low as online sales fades
Investment into London’s industrial market has slumped to a decade low as demand for warehouse and logistics sites faded after the pandemic boom. Just over £100m was spent on greater …
Lloyds defends return-to-office mandate as staff engagement falls to nine-year low
Lloyds Banking Group has defended its workplace culture after it experienced a sharp drop in its employee engagement index last year, driven by a “tough” stance on staff returning to …
FCA charges ‘finfluencers’ for promoting unauthorised trading scheme
Nine so-called ‘finfluencers’ have been charged in relation to promoting an unauthorised foreign exchange trading scheme on social media, the Financial Conduct Authority (FCA) announced today. The FCA alleges that, …