From @cityam
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Sadiq Khan should remember there's no such thing as a free lunch
Free school meals for the children on multi-millionaires is classic Khan – superficial, unevidenced and the wrong priority for London, says Alys Denby Sadiq Khan has made the promise of permanent free school meals the centrepiece of his reelection campaign. It’s typical of the Mayor’s approach to governing, being utterly superficial, unevidenced and the wrong []
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Consumer confidence hits highest level in two years as UK ‘turns a corner’
"The revival in consumer confidence speaks to a wider story of an economy that has turned the corner," Ian Stewart said.
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FTSE 100 today: London markets poised for red start as Middle East tensions escalate; investors await more details on the crisis
Middle East tensions rattled markets in the Asian session following ABC News reports of Israeli missile strikes in Iran. Oil and gold prices surged while bitcoin dropped below $60,000. However, an Iranian official denies the missile attack reports, adding to the uncertainty. Market focus now shifts to UK retail sales data and speeches by Bank of England officials Ramsden and Breeden.
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Netflix shares sink as company announces halt in reporting subscriber tally, weak outlook
Shares of Netflix took a sharp tumble of about 5 per cent as the market closed, spurred by the streaming video pionaeer's decision to cease disclosing subscriber numbers and prioritise viewer engagement metrics.
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Mission Government: Why Starmer must think bigger and bigger if he wants real change
Insane targets, missions CEOs and big thinking - this is the framework Starmer must adopt if he wants real change, writes Patrick King.
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Mortgages are up but don't get too excited
What should we read into recent signs of a gradual recovery in the mortgage market? The answer is, it depends. Taking into account distortions caused by the work-from-home exodus from London and the cost of living and it looks like we may simply be returning to precedented times, says Steven MacDonald When it was announced []
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Bosch sales driven up by new car market’s resurgence despite hit to consumer goods
Bosch is eyeing a further increase in sales during 2024 despite the global technology giant warning it is not expecting a marked improvement in the UK economy.
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The wretched stages of writing a book, which nobody should do
Ever tried writing a book? Don’t bother, it’s an endless cycle of self-doubt and recrimination. But do buy my new one, Four Stars
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Partners at EY informed to expect a drop in their pay packet
One of the Big Four firms, EY, has been warned that profits could fall by 15 per cent this year due to the slowdown in the market.
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Why the Bank of England might be wary of cutting interest rates before the Fed
The path for the Bank of England to cut interest rate cuts looks increasingly uncertain, particularly as the US Federal Reserve looks set to wait a while longer before loosening policy.
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SFO strategy details new pilot programme – but leaves some questions unanswered
The UK’s Serious Fraud Office (SFO) has vowed to push ahead with its plan to pay rewards to whistleblowers and develop a new “pilot programme” to thwart fraud, bribery and corruption, according to its new strategy published today.
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Over 400 Stonegate pubs in London risk closure, GMB claims
Almost 450 pubs in London face closure after one of the UK’s biggest hospitality groups Stonegate warned on its profitability, the GMB Union has said.