FTSE 100 breaks ‘historic’ 10,000 points mark for the first time in ‘b
The UK’s flagship stock index has broken the symbolic 10,000 points mark for the first time. The new high was reached within a half hour...
Business
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London estate agent Dexters to hoist £500m ‘for sale’ sign | UK News
The private equity backers of London’s biggest estate agency chain are exploring a potential sale valuing it at more than £500m, despite the looming threat...
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Major FTSE record as much about companies not in the index as the ones
Passing the 10,000-point barrier is a largely symbolic milestone for the FTSE 100, but it underlines an upward trend for the index of the UK’s...
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Hundreds of jobs to be lost in TGI Fridays insolvency plan | Money New
Hundreds of British hospitality workers face losing their jobs in the coming days as the owner of TGI Fridays finalises plans to buy back a...
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Next weighs cut-price swoop on struggling fashion brand LK Bennett | M
Next, the FTSE-100 retail behemoth, is among a pack of suitors considering a new year swoop to buy LK Bennett, the struggling fashion retailer. Sky...
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Fashion brand LK Bennett in race for Christmas saviour | Money News
The owner of the fashion brand LK Bennett is this weekend racing to find a saviour amid concerns that it could be heading for collapse...
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Bank of England rate cut to 3.75% following fall in inflation | Money
The Bank of England has cut interest rates from 4% to 3.75%, its sixth cut since last summer. The decision follows a bigger-than-expected fall in...
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Contactless card £100 limit to rise | UK News
The £100 cap on contactless card payments is to be lifted – under changes that will allow some shoppers to set their own limits. Under...
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Retail rues tough Black Friday amid consumer caution ahead of Christma
Black Friday sales do not appear to have provided much cheer for retailers amid continued consumer caution, according to official figures. The Office for National...
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WH Smith faces City watchdog investigation over accounting woes | Mone
WH Smith is being investigated by the City watchdog after the company revealed accounting failures in its US operations. The Financial Conduct Authority (FCA) said:...
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Interest rate cut brings Christmas cheer but there’s good reason for c
The economy may be stuttering, unemployment may be rising, inflation may be above target. But even so, the Bank of England delivered mortgage payers some...
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TikTok’s Chinese owner agrees deal to sell US business | US News
TikTok’s Chinese owner has signed a deal to sell the company’s US arm to American investors – ensuring the video platform can continue operating in...