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Evening Standard
Persimmon could get twin boost from rate cut and Labour planning reforms
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.Persimmon is expected to signal early signs of optimism for the embattled housebuilding sector next week, after a Bank of England rate …
Business
Sky News
Chicken chain Wingstop fires up sale of British operation 
Wingstop, the quick-service chicken chain which is Britain’s fastest-growing restaurant operator, is hoisting a “for sale” sign over its UK business.Sky News has learnt that the company, which is majority-owned by the trio of entrepreneurs who brought it to Britain in 2018, has hired Goldman Sachs to find new owners. City sources said the sale …
Business
Business Live
July investment insights: Which were the best and worst performing funds?
In July, smaller company funds emerged as the top performers in the market, as the most undervalued assets began to recover. North American Smaller Companies funds yielded a return of 5.3 per cent throughout the month, closely followed by Property (Other) at 4.5 per cent and UK Smaller Companies at 4.3 per cent. The prevalence …
Business
Euro News
Samsung looks to find a good fit as it enters the smart ring market
Business
Sky News
Nasty summer sell-off in stock markets set to roll on
A very nasty summer sell-off has been under way now in stock markets around the world for the last 48 hours – and nervous investors got another reason to carry on selling on Friday.The US non-farm payroll figures – essentially a measure of how many jobs were added to the US economy last month and …
Business
Evening Standard
FTSE 100 falls after US jobs data sparks recession fears
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 FTSE 100 took its second day of sizeable losses on Friday, after US jobs data sparked a global stock market sell-off …
Business
Evening Standard
ScottishPower owner buys north-west England’s power network for £2.1bn
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.ScottishPower is to add a large chunk of north-west England’s power grid to its network, after its parent company bought it for …
Business
Evening Standard
Bank chief economist warns against making further rate cuts ‘too quickly’
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 Bank of England’s chief economist has signalled that policymakers should not cut interest rates too fast at future meetings, after the …
Business
Sky News
Apple surprises in mixed results for ‘magnificent seven’ tech giants
At the end of a mixed fortnight’s worth of trading updates from the US tech giants, it was down to the biggest of them – Apple – to lift investor spirits.The $3.35trn (£2.63trn) giant, established again in June as the world’s biggest company after five months during which Microsoft was bigger, reported sales of $85.78bn …
Business
Evening Standard
Why has the Bank of England cut the interest rate and what does it mean for mortgages and inflation?
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 Bank of England has cut interest rates for the first time in four years after inflation fell back to normal levels …
Business
Euro News
Intel unveils plans to axe 15% of workforce in cost saving initiative
Business
Business Live
Deal agreed for development site next to A420 in Swindon
A huge site in Swindon with potential for major development has been acquired for an undisclosed sum. Real estate firm RO Group has bought Home Farm, on the A420 Swindon to Oxford road, and is planning to build a mixed-use scheme that it says will generate job opportunities for the town. The 9.7-acre plot offers …

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