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Investor confidence in UK financial services hits new high

Almost 90% of global financial services investors are planning to establish or expand operations in the UK in 2022, according to EY’s latest UK attractiveness survey, representing the highest level… The post Investor confidence in UK financial services hits new high appeared first on London Business News | Londonlovesbusiness.com.

Rayner questions Paymaster General on Downing Street parties

Labour’s Deputy Leader, Angela Rayner, described the Met Police’s investigation into alleged Downing Street parties as “a truly damning reflection on this nation’s highest office”. Rayner told Michale Ellis, the paymaster general, that “the country have made up their minds”, and asked him “when will his party catch up?” Ellis responded by saying the details…

Markets fight back despite omnipresent headwinds

Highly unusual movements on the US stock market yesterday are difficult to explain. While it is easy to say that the S&P 500 going from a 4% decline to a… The post Markets fight back despite omnipresent headwinds appeared first on London Business News | Londonlovesbusiness.com.

FTSE 100 year-to-date gains wiped out

Anyone who put money into the stock market for the first time during the pandemic might have thought investing was easy, with share prices shooting upwards daily. January 2022 has… The post FTSE 100 year-to-date gains wiped out appeared first on London Business News | Londonlovesbusiness.com.

Restaurant Group delivers good news

It is pretty heroic for Restaurant Group to be guiding for earnings at the top end of expectations given all the challenges currently facing it. “The impact of Omicron disruption… The post Restaurant Group delivers good news appeared first on London Business News | Londonlovesbusiness.com.

Burberry on the up despite pandemic pain

There’s a lot to like in Burberry’s latest trading update. Not least the improved margins which are driving guidance for a much larger than previously forecast increase in full-year profit.… The post Burberry on the up despite pandemic pain appeared first on London Business News | Londonlovesbusiness.com.

Unilever and Glaxo shares move in opposite directions on unit bid news

The market has given a thumbs down to news that Unilever has bid for GlaxoSmithKline’s consumer goods division. The negative share price reaction probably reflects investors’ fears that Unilever is… The post Unilever and Glaxo shares move in opposite directions on unit bid news appeared first on London Business News | Londonlovesbusiness.com.

Tories brand Labour leader a hypocrite as image reveals he was drinking beer with ‘staff at a workplace meeting’

An image has appeared which shows Labour leader Sir Keir Starmer drinking a bottle of beer with “staff at a workplace meeting last year.” Senior Tories have jumped on this… The post Tories brand Labour leader a hypocrite as image reveals he was drinking beer with ‘staff at a workplace meeting’ appeared first on London…

Consumer car finance new business volumes up by 33% in November 2021

New figures released today by the Finance & Leasing Association (FLA) show that the consumer car finance market reported new business volumes up in November 2021 by 33% compared with… The post Consumer car finance new business volumes up by 33% in November 2021 appeared first on London Business News | Londonlovesbusiness.com.

UK dodges big equity sell-off seen in other parts of the world

Investors cannot make up their minds whether they’re worried about inflation and rising interest rates, or that they’re comfortable central banks can work their magic and get inflation under control.… The post UK dodges big equity sell-off seen in other parts of the world appeared first on London Business News | Londonlovesbusiness.com.

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