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Evening Standard
Inspecs shares slump after profit warning
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.Glasses maker Inspecs has warned over annual earnings after weaker-than-expected recent trading.The firm, based in Bath, Somerset, said it has seen sales …
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Evening Standard
Abba Voyage gives £1.4bn economic boost – and may stay ‘forever’
Abba’s virtual concert has boosted the UK economy by more than £1 billion, new analysis shows, as its executive producer sets his sights on another two years of the London residency which he hoped could exist “forever”.Abba Voyage, which sees digital versions of the Swedish band perform in a purpose-built arena, is set to sell …
Business
Evening Standard
London markets inch higher as commodity gains offset BAE share slump
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.London’s markets finished the week marginally higher despite cautious trading on Friday.The FTSE 100 was dented by a poor session for defence …
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Evening Standard
Investment bank Peel Hunt returns to profit as dealmaking in City recovers
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.Investment bank Peel Hunt has returned to profit on the back of a stronger financial market and more dealmaking, but said investor …
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Evening Standard
Jaguar boss disappointed by ‘vile hatred and intolerance’ over new advert
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 managing director of Jaguar has said he was disappointed by the “vile hatred and intolerance” in responses to a clip of …
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Evening Standard
Rate cut hopes drive UK stocks higher after weak economic data
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.Investors’ hopes of future interest rate cuts were buoyed on Friday by weak UK economic data, pushing the FTSE 100 upwards.London’s blue-chip …
Business
Evening Standard
Thales denies allegations as fraud office launches probe into suspected bribery
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.Defence firm Thales has denied allegations related to an investigation by the UK’s Serious Fraud Office (SFO) and French authorities.The weapons manufacturer …
Business
Evening Standard
Government borrowing hits higher-than-forecast £17.4bn in October
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.UK Government borrowing has surpassed forecasts on the back of soaring debt interest and recent public sector pay rises.Borrowing rose to £17.4 …
Business
Evening Standard
Lidl boss: Retailers are ‘reeling’ amid hit from Budget tax hikes
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 boss of Lidl has said retailers are “reeling” from autumn Budget tax increases, which he said will add to inflationary pressures …
Business
Evening Standard
Direct Line to axe 550 jobs under cost-cutting plan
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.Direct Line Group has revealed plans to axe around 550 jobs as it looks to cut costs amid a turnaround at the …
Business
Evening Standard
Boohoo accuses Frasers Group of ‘self interest’ amid Mike Ashley row
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.Boohoo has rebuffed claims by Frasers Group of disregarding its shareholders, accusing Frasers of “promoting its own commercial self-interest” at the expense …
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Evening Standard
FTSE 100 recovers ground after market jitters
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.London’s equity markets recovered significant ground after Thursday’s sell-off linked to higher yields on gilts.Gilts, UK government bonds, settled in value over …

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