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News

  • June 12, 2024

Latin America’s richest man takes £400m stake in BT

Analysts said the move reflects the "good recent momentum" for BT, especially after chief Alison Kirkby recently revealed a £3bn cost-saving initiative.

  • June 12, 2024

Fed holds interest rates for seventh consecutive meeting after ‘modest’ progress on inflation

At the turn of the year investors thought the cutting cycle would be well underway but now traders do not expect a cut until September.

  • June 12, 2024

Apple overtakes Microsoft as world’s most valuable company

Apple shares rose nearly five per cent to a new record high of $218.02 per share on Wednesday, making it more valuable than Microsoft.

  • June 12, 2024

‘It would be the death of entrepreneurship’: City alarm over Labour capital gains hike

A move to hike capital gains tax could spell the “death of the entrepreneurship” in the UK, a top City figure has warned, after the Labour party failed to firmly rule out the move this week.

  • June 12, 2024

Goodyear Tyres: Dunlop manufacturer’s sales hit £3bn following brands revamp

The UK arm of tyre giants Goodyear and Dunlop has seen its sales soar to almost £3bn following its ongoing efforts to raise the profile of its retail brands.

  • June 12, 2024

‘Nothing equates to a British pub’: TV hardman and ex-Eastenders star Ross Kemp on the perfect pint

TV’s favourite hardman Ross Kemp has been everywhere from Albert Square to Afghanistan but admitted “nothing equates to a British pub” as he hints at possibly opening his own boozer one day.

  • June 12, 2024

Labour threatens to strip Avanti rail contract as Branson plans rival

Shadow transport secretary Louise Haigh told Sky News Avanti had provided passengers with "woeful service" on the West Coast Main Line.

  • June 12, 2024

Mandarin Oriental: Five-star London hotel issues warning ahead of Trump v Biden rematch

The luxury Mandarin Oriental hotel in London's Hyde Park has warned that the upcoming US election between President Joe Biden and Donald Trump is impacting the number of international guests heading t

  • June 12, 2024

Shares in Lloyds, Natwest and HSBC jump as Reeves appears to rule out Labour raid on lenders

Shares in the UK's high street banks were among the biggest risers in a wider market rally on Wednesday.

  • June 12, 2024

EY UK boss Hywel Ball kickstarts leadership race after stepping down

Hywel Ball, head of Ernst & Young's (EY) UK business, has told partners at the firm that he will step down as chair, kickstarting a race for one of the most prestigious jobs in British professional se

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