Plans to introduce ‘not for EU’ labelling on food products across the whole of the UK is already “having an impact on investment”, one expert has warned. It comes after …
Investing
UK consumer confidence falls in February as technical recession is a bummer for Brits
UK consumer confidence fell two points in February as reports of a technical recession dampened hopes. GfK’s consumer confidence report, which measures members of the public attitudes, fell 21 points …
Who is buying London’s mansions? 60 per cent go to wealthy buyers from four countries
The super-prime market in London is booming. More mansions in the capital are being sold, for higher prices, to an increasingly international base. In 2023, sales of super-luxury new-build London apartments rose …
Moving markets: Will FTSE 100 ride the ‘FOMO’ wave in AI trade today?
Moving markets today: Asian markets follow wall street surge, Nvidia fuels AI frenzy, oil prices drop, China’s home prices slide; focus on German GDP and StanChart earnings S&P 500 reaches …
Nvidia surges to record $277 billion market cap in single day, riding AI ‘FOMO’ wave
Nvidia, a leading chipmaker, shattered records by achieving the largest single-session market capitalization increase for a publicly listed company. The company witnessed an astonishing 16.4% surge in its share price, …
Cricket: England, India, Bazball and cracked pitches
Come 4am tomorrow morning in Ranchi, England’s Bazball revolution sees its next chapter get underway. Because in the fourth Test between India and England there’s now a series on the …
Awards announced for Square Mile’s green champions
The City of London Corporation has marked three decades of working towards a greener Square Mile by doling out awards to the City’s clean energy champions. Estate agent Savills scooped …
Post Office row: Top civil servant denies telling Henry Staunton to delay payments
The senior civil servant former Post Office chairman Henry Staunton claimed told him to delay the Horizon IT compensation payments has denied such a conversation took place. Sarah Munby, who …
Lloyds could face £3.5bn hit from FCA motor finance probe, analysts warn
A wide-ranging review of historic motor finance commission arrangements has rocked the UK’s banking sector at a time when the biggest players are reporting record profits. Following a spike in …
Troubles for Custodian as bidding war over Abrdn property trust escalates
Dissatisfaction among the shareholders of the Custodian Property Income REIT has erupted over the trust’s bidding war for the £203.6m Abrdn Property Income Trust. Custodian, who placed their bid for …