Tech-heavy Scottish Mortgage Investment Trust was beaten up as investors feared portfolio company valuations would be worth less based on discounted cash flow models because of rising interest rates. Once… The post FTSE slumps after weak UK GDP numbers appeared first on London Business News | Londonlovesbusiness.com.
The unhappiness of people living in big cities such as London must be addressed for the Government to deliver on its “levelling up” promises, new research shows today. The Social… The post Cheering up ‘sad’ Londoners is key to levelling up appeared first on London Business News | Londonlovesbusiness.com.
Another day, another reminder of the energy crisis facing Europe as Ukraine stems the flow of Russian gas. Prices surged on this latest threat to supply which will concentrate European… The post Gas prices surge in Europe appeared first on London Business News | Londonlovesbusiness.com.
Average battery range of vehicles at annual SMMT Test Day grows from 74 miles to almost 260 miles during Britain’s first ‘electric decade’. Industry confirms commitment to zero-emission motoring, from… The post Car makers treble battery range and deliver 15-fold increase in model choice in a decade appeared first on London Business News | Londonlovesbusiness.com.
Government priorities are to help ease the cost of living, improve living standards, reform and cut taxes and support the Bank of England to reduce inflation to its target, highlighted… The post Queen’s Speech: Focus on easing cost of living is key priority appeared first on London Business News | Londonlovesbusiness.com.
After yet another miserable session in the US yesterday, Europe and pockets of Asia managed to avoid the rout and push ahead on Tuesday. This is unexpected given market sentiment… The post Dividend stocks to the rescue as European stocks avoid US slump appeared first on London Business News | Londonlovesbusiness.com.
The Bank branch of the Northern line will re-open on schedule on Monday 16 May, after a 17-week planned closure as part of the Bank Station Capacity Upgrade project. Customers… The post Northern line Bank branch to re-open on schedule on 16 May appeared first on London Business News | Londonlovesbusiness.com.
The optimism that followed the US Federal Reserve meeting last Wednesday feels a long way off on Monday morning as the FTSE 100 dropped to its lowest levels since mid-March.… The post FTSE 100 weighed down by US appeared first on London Business News | Londonlovesbusiness.com.
Back in 2013, the Texas-based founder and manager of the Hayman Capital hedge fund, Kyle Bass, gave an interview in which he tersely stated, ‘I would buy gold in yen… The post Why the yen’s plunge matters to Western economies and markets too appeared first on London Business News | Londonlovesbusiness.com.
Morrisons has submitted a last-minute rescue deal for the McColl’s convenience store chain in a bid to protect 16,000 jobs. The supermarket chain is understood to have offered to take… The post Morrisons puts forward last-minute rescue deal for McColl’s appeared first on London Business News | Londonlovesbusiness.com.
