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07.08.2024 - 09:56
Business
Evening Standard
Global investors courted by Reeves in New York sign up to October trade summit
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Global investors being courted by Rachel Reeves in New York have begun signing up to a UK-based summit aimed at boosting investment …
07.08.2024 - 09:45
Business
Business Live
Legal & General’s profit beats estimates, dividend up amid new CEO’s strategic overhaul
Legal & General (L&G) has announced an increase in its dividend after reporting first-half profits for 2024 that surpassed expectations. The FTSE 100 insurance and pension giant reported a core operating profit of £849m for the half-year, up from £844m during the same period in 2023 and ahead of a company-compiled analyst consensus estimate of …
07.08.2024 - 09:22
Business
Sky News
Is this the end of the pub?
Mourning his mother’s death and celebrating her life at the Old Neighbourhood Inn was the obvious choice for Martin Leach, 72, from Chalford Hill, near Stroud. The wood-beamed pub opposite his home had been woven into the fabric of the village for 150 years, so it made sense for 90 friends and family members to gather …
07.08.2024 - 09:13
Business
Evening Standard
Ad giant WPP sells stake in FGS for £610m as cost-cutting drive continues
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.WPP has agreed to sell its stake in FGS Global for around 775 million US dollars (£610 million), as the advertising giant …
07.08.2024 - 08:33
Business
Sky News
Shops urged to close early over riot fears
Shops have been urged to close early in areas where far-right gatherings are planned following vandalism, arson and looting in parts of the country.The Association Of Convenience Stores, which represents around 50,000 small retailers in the UK, said it was advising its members to “err on the side of caution” following riots in recent days. …
07.08.2024 - 08:09
Business
Evening Standard
Vodafone to hand £430m to shareholders in latest buyback
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Vodafone has said it will hand 500 million euros (£430 million) back to shareholders over the coming months, as part of a …
07.08.2024 - 07:22
Business
Evening Standard
UK economy fared better in 2022 than previously thought, new figures show
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The UK economy grew by more than expected during 2022, as revised official data showed the economy did better in the face …
07.08.2024 - 06:21
Business
Sky News
Royal Mint opens factory to extract gold from electronic waste
The Royal Mint has started extracting gold embedded in old phones and TVs to make commemorative coins and jewellery in what has been hailed as a “world first”.The UK’s coinmaker has opened a factory in South Wales which will be processing up to 4,000 tonnes of printed circuit boards from e-waste every year. Anne Jessopp, …
07.08.2024 - 06:11
Business
Sky News
House prices rise by more than expected – as rate cut provides ‘encouragement’
House prices rose by 0.8% in July following three flat months for the market, according to one of the UK’s biggest mortgage lenders.Halifax said the average cost of a home rose by more than £2,200 to £291,268 last month, when compared with June. The month-on-month increase was bigger than expected. Economists had forecast a rise …
07.08.2024 - 05:10
Business
Sky News
‘It’s war’: X sues companies for not advertising on its platform
Elon Musk’s X has launched legal action against a string of companies after they stopped advertising on the social network.The tech giant, formerly known as Twitter, alleges the firms unlawfully conspired to boycott the site and caused it to lose “billions of dollars” in revenue. The lawsuit was filed in Texas against the World Federation …
06.08.2024 - 17:29
Business
Sky News
Airline ad banned
An advert for the world’s first transatlantic flight to be 100% powered by so-called sustainable aviation fuel (SAF) has been banned, as the advertising watchdog said it was misleading. The radio ad, which promoted the transatlantic flight, was misleading in its unqualified “100% sustainable aviation fuel” claim, said regulator the Advertising Standards Agency (ASA). Money …
06.08.2024 - 10:07
Business
Evening Standard
Construction sector grows at fastest pace for two years
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The UK’s construction sector grew at its fastest pace for more than two years, according to the latest data.The industry recorded its …
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