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News

  • April 15, 2024

After record rises, London rent hikes ease off

Rents on private properties in London showed signs of cooling last month, according to a new report, offering a glimmer of hope for the sector after a torrid year.

  • April 15, 2024

Musk to cut 14,000 jobs at Tesla, saying ‘it must be done’

Tesla boss Elon Musk said: “There is nothing I hate more, but it must be done. This will enable us to be lean, innovative and hungry."

  • April 15, 2024

Troubled Superdry to launch steep rent cuts in latest efforts to stay afloat

Embattled Superdry will publish a restructuring plan over the coming days which will entail steep rent cuts across a large number of its 94 stores.

  • April 15, 2024

UK markets are ‘generationally mispriced,’ says youngest investment trust manager

Laurence Hulse, manager of the Onward Opportunities trust, led the first float of an investment trust since 2021 last year.

  • April 15, 2024

Jet2 founder lowers stake after shares climb takes airline and holidays group’s value past £3bn

The founder of budget airline and holidays operator Jet2 has lowered his stake in the group after stepping down as its chairman last year.

  • April 14, 2024

Markets Week Ahead: Gold Spikes, Dollar Soars, EUR/USD and GBP/USD Slump

The US dollar powered ahead in the second half of the week after the latest CPI reading showed US nudging higher.

  • April 14, 2024

Markets await March inflation data for new signals on interest rate cuts

Analysts expect the headline rate of inflation for March to ease to 3.2 per cent from 3.4 per cent, when new figures are published this week.

  • April 14, 2024

Dr Martens sues Temu over use of trademark on Google search

Dr Martens filed the legal action against Temu filed at the High Court last week over alleged trademark infringements.

  • April 14, 2024

UK to reveal social media ban plans for under-16s within weeks

Downing Street is reportedly set to reveal the proposals for stricter age restrictions on social media apps within weeks.

  • April 14, 2024

Marks and Spencer chair: Labour’s new deal for workers could hurt investment

The chairman of Marks and Spencer has said Britain may risk being unable to attract investment if Labour's new deal for workers is rolled out upon winning the next general election.

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