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 »Royal Mail’s ‘nodding dog’ board has put our postal service at risk, says ALEX BRUMMER
By Alex Brummer for the Daily Mail Updated: 17:01 EDT, 17 June 2024 Labour’s first major corporate challenge, if and when it takes office, is what to do about the Royal Mail. Other industrial hot potatoes, such as the future of Tata-owned Port Talbot and Thames Water, also lie in …
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 »How to cash in if Starmer gets the keys to No 10: JEFF PRESTRIDGE reveals the stocks that could make YOU money – from banks to builders
We are slowly edging towards the General Election. For most people, the campaigning has been stultifyingly boring – a reflection of the fact that a Labour victory on July 4 is now considered a dead cert – and not even the release in recent days of the manifestos by the …
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 »The sale of Royal Mail to the Czech Sphinx must be stopped, says ALEX BRUMMER. We’re flogging one our most vital institutions to a ruthless foreign billionaire – as our politicians sit on their hands
The familiar red, Royal Mail pillar box at the corner of my street on the fringes of Richmond Park in South-West London features the cypher of Edward VII. Across the country there are still postboxes from Queen Victoria’s reign, which carry the letters VR — which stands for Victoria Regina. …
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 …
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