Net fees were down 7% YOY to £188.7m for the six months to 31 May By Daniel Fessahaye Updated: 09:41 EDT, 18 June 2024 SThree expects to be ‘in line with market expectations’ for the financial year despite reporting a dip in net fees amid a ‘challenging market’. The recruitment …
Read More »City’s hopeful horizon: The fortunes of UK listed companies are starting to reverse, says ALEX BRUMMER
The obituary for share trading in London has been written many times. However, the latest data shows that London’s equity markets have regained leadership over Paris, in spite of France hosting LVMH, Europe’s most valuable enterprise. Fears of an ultra-Right government in France have given London the edge. Confidence in …
Read More »London wins back crown from Paris: UK stock market biggest in Europe once again
By Hugo Duncan Updated: 17:01 EDT, 17 June 2024 London has regained its crown as Europe’s biggest stock market after political turmoil in France sent shares in Paris tumbling. In a major boost for the City, data compiled by Bloomberg showed UK stocks are valued at £2.51 trillion. That is …
Read More »BUSINESS LIVE: Kingfisher poaches British Land CFO; Hikma buys Xellia assets; AstraZeneca gains US approval
By This Is Money Updated: 12:12 EDT, 17 June 2024 The FTSE 100 closed down 4.71 points at 8142.15. Among the companies with reports and trading updates today are Kingfisher, Hikma Pharmaceuticals, AstraZeneca, and Shawbrook Bank. Read the Monday 17 June Business Live blog below. > If you are using our …
Read More »British manufacturers’ confidence at highest level in a decade as businesses hail ‘concrete signs’ of turnaround
By Emily Hawkins Updated: 02:38 EDT, 17 June 2024 British manufacturers’ confidence is at its highest level in a decade as businesses hail ‘concrete signs’ of an economic turnaround. A closely watched survey of firms has revealed a rebound in companies’ hopes about their growth prospects. Both output and orders …
Read More »Michael Kors sees UK sales plunge as customers rein in their spending on expensive handbags and clothes
By John Abiona Updated: 07:21 EDT, 16 June 2024 Cutting back: Customers have reined in their spending on expensive handbags Michael Kors saw its UK sales plunge sharply last year as customers reined in their spending on expensive handbags and clothes. The US brand, which was set up in 1981, …
Read More »MARKET REPORT: French president Emmanuel Macron’s snap election rattles global markets
By Jon Hopkins Updated: 21:51, 14 June 2024 As Euro 2024 started in Germany last night, it was not just the football that was taking a kicking. Stocks across the region were also getting booted around the park, most notably those on the Paris bourse amid political uncertainty in France. …
Read More »BUSINESS CLOSE: Tesco sales grow; Crest Nicholson rejects Bellway offer; Pubs and brewers demand duty cut
By Harry Wise Updated: 11:56 EDT, 14 June 2024 Among the companies with reports and trading updates today are Tesco, Crest Nicholson, MP Evans and Keywords Studios. Read the Friday 14 June Business Live blog below. > If you are using our app or a third-party site click here to …
Read More »Labour vows to scrutinise Royal Mail bid: Manifesto plan puts £3.6bn deal in doubt
By Jessica Clark Updated: 17:03 EDT, 13 June 2024 Labour has vowed to ‘robustly scrutinise’ the Royal Mail takeover and give workers a ‘stronger voice’ in a pre-election pledge that throws the deal into doubt. In its manifesto, Sir Keir Starmer’s party promised to look into the proposed £3.6billion sale …
Read More »Brave Bison quits Mission Group takeover efforts
Brave Bison’s most recent deal valued each Mission Group share at 35.1p The firm said Mission rebuffed its efforts to have a ‘constructive dialogue’ By Harry Wise Updated: 09:56, 10 June 2024 Marketing firm Brave Bison has ended its pursuit of rival Mission Group following the rejection of its latest …
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