London’s FTSE indexes opened lower on Thursday as wariness about the likely path of interest rates resurfaced ahead of the European Central Bank’s (ECB) latest decision. The FTSE 100 dipped …
Estate Planning
Ed Warner: What politicians get wrong on policy and how I would fix it
Britons may now be only four months away from their day in the polling booth. Policy wonks will be doing their wonking, party manifestos in early draft form, PR grids …
St James’s Place brings in £5.1bn of new money as funds swell by £20bn
St James’s Place brought in £5.1bn in inflows throughout 2023, staying well above water but still experiencing a decline from its £9.8bn in new money in 2022. In a stock …
Treasury changes will hit angel and small investors ‘hard’ – with start-ups fearing the worst
Hundreds of start-up and tech investors launched a pressure campaign on the Chancellor Jeremy Hunt over plans to redefine a key segment of the market, which they claim could potentially …
Fuller’s: Pub chain in ‘great shape’ after strong 2023 topped off by bumper Christmas
Pub and hotel chain Fuller, Smith & Turner, reported strong Christmas and New Year sales driving growth last year. Fuller’s, which operates almost 400 pubs and inns, said in the …
Wizz Air losses mount as Israel-Gaza war and Pratt & Whitney engine issues bite
Wizz Air said it had swung to a loss in the last quarter as supply chain issues at a key engine provider and costs associated with the Israel-Gaza conflict hit …
Higher-for-longer London rents and bumped-up property prices leaves Foxtons optimistic for 2024
Estate agents Foxtons has said rent hikes and demand for tenants to get on the property ladder helped drive its revenue to £147m for the full year. In an update …
GSK spin-off Haleon offloads Chapstick brand for £400m to ‘simplify’ business
Consumer healthcare company Haleon has agreed to sell its Chapstick lip balm brand to Yellow Wood Partners in a deal worth $510m (£401m) as part of efforts to “simplify” its …
Dr Martens given a kicking but maintains downgraded guidance
Dr Martens has held its full year guidance after third quarter revenues were kicked down by a fifth, blaming weak demand for its leather boots in the US. The British …
Rio Tinto chief ‘numb’ as mining giant confirms four among plane crash dead
London-listed mining giant Rio Tinto has confirmed a number of its workers were on board a plane which crashed, killing six in total. The company issued a statement this morning …