Retail giant Marks & Spencer’s shares rose to their highest in two-and-a-half-years following reports that New York-based Apollo Global Management is eyeing a buyout. The Sunday Times reported that the… The post M&S shares jump over takeover speculation appeared first on London Business News | Londonlovesbusiness.com.
Retail sales were up 0.8% in October, figures out today show. Clothing sales are now just 0.5% below pre pandemic levels and second-hand stores contribute the most to non-food sales… The post Christmas comes early for retailers appeared first on London Business News | Londonlovesbusiness.com.
Gordon Gekko, the insider-trading corporate raider of 1987’s Oliver Stone film Wall Street, may have been a villain but that did not stop him talking a degree of sense, especially as… The post Does Wall Street fail the Gordon Gekko test? appeared first on London Business News | Londonlovesbusiness.com.
XPS Pension Group’s Transfer Value Index rebounded during the month, with DB pension transfer values hitting a new record high of £265,200 on 28 October, before falling back to end… The post Falling gilt yields push DB transfer values to record high appeared first on London Business News | Londonlovesbusiness.com.
National Grid has upped its profit forecasts after reporting a jump in earnings. Pre-tax profits at National Grid, which runs the UK’s power infrastructure, jumped 86% in the first half… The post National Grid profits jump appeared first on London Business News | Londonlovesbusiness.com.
The FTSE 100 continues to drift having fallen just short in its effort to reclaim pre-pandemic levels. Once again, the index is left in the miserable position of being shown… The post FTSE drifts on strong pound having fallen short of pre-pandemic levels appeared first on London Business News | Londonlovesbusiness.com.
The percentage of currently trading businesses has fallen slightly from 93% in late October 2021, to 91% in early November 2021, according to the Office for National Statistics. This is… The post ONS: Increase in number of businesses not expecting to survive appeared first on London Business News | Londonlovesbusiness.com.
The CPI was at 4.2% in October – up from 3.1% in September, figures from the Office for National Statistics show today. Increase was driven by energy bills after the… The post Soaring energy prices at the root of soaring inflation appeared first on London Business News | Londonlovesbusiness.com.
Suicide rates among women aged 45 to 54 — the most common age to be experiencing menopause and perimenopause — have risen 6% in the last 20 years, defying a… The post Suicide rates in menopausal women up 6% appeared first on London Business News | Londonlovesbusiness.com.
Despite the mounting cost of living crisis in the UK things are looking brighter for Wagamama-owner Restaurant Group. After a period when there has been very little appetite for the… The post Restaurant Group in robust shape appeared first on London Business News | Londonlovesbusiness.com.
