Burberry has been kicked off the FTSE 100 after 15 years on the UK’s top stock market index, after a bruising year for the company’s share price amid a luxury retail slump. Following the latest reshuffle on the London Stock Exchange, insurer Hiscox has been promoted to the top indexContinue Reading
Investors withdrew £1.5 billion from M&G in the last six months, as the money manager said it is looking to cut costs across the business by £20 million more than before. The group said the savings would come on top of an existing £200 million cost-cutting target, which includes aContinue Reading
Growth in the UK’s services sector picked up pace last month as businesses felt the benefits of falling borrowing costs and post-election political stability, according to a new survey. Some firms said their customers were more willing to spend after noticing a lull in decision-making earlier in the summer. TheContinue Reading
The freedom of flexibility is why a dynamic pricing strategy is the solution you have been waiting for to elevate your company to the next level Dynamic Pricing Strategy Businesses are now more adaptive and essentially intuitive when it comes to revenue management and this is thanks to having well-manicuredContinue Reading
Plans to ensure the Government consults a watchdog before making major tax and spending changes still leave Labour room to “fiddle the fiscal rules”, Tories have claimed. The Budget Responsibility Bill returns to the Commons on Wednesday and ministers say it will create a “fiscal lock” to ensure such policiesContinue Reading
A Reform UK MP has accused Ed Miliband of being “obsessed” with renewable energy, after the Government announced nine new offshore wind farms. The farms are part of a new wave of green power projects including onshore wind and solar farms, which officials said will generate enough power for 11Continue Reading
London’s top stocks dropped further on Tuesday as weaker oil prices and downbeat trading on Wall Street hit equities. A slump in commodity prices dragged mining and oil firms to the bottom of the FTSE, offsetting an improvement in Rolls-Royce’s share price. The FTSE 100 finished 65.38 points, or 0.78%,Continue Reading
Hedge fund tycoon Sir Paul Marshall is poised to buy The Spectator magazine in a deal worth about £100 million. The PA news agency understands that the GB News backer is expected to be announced as the publication’s new owner within days. The deal is likely to conclude a turbulentContinue Reading
Council workers at Scotland’s largest local government union have voted overwhelmingly to reject the latest pay offer from employers amid the threat of bin strikes. Unison members, including bin workers and nursery workers, voted by 86% to reject the latest pay offer from Cosla (the Convention of Scottish Local Authorities),Continue Reading
Hewlett Packard Enterprise (HPE) has vowed to pursue a £3 billion claim against the estate of Mike Lynch, the founder of British software company Autonomy, following his death onboard the superyacht Bayesian off the coast of Sicily. The tech tycoon and his 18-year-old daughter, Hannah, were among seven victims whenContinue Reading
