BUSINESS LIVE: Sainsbury’s plots banking withdrawal; IDS revenues soar; Watches of Switzerland slashes guidance

By Live Commentary Updated: 15:57 GMT, 18 January 2024 The FTSE 100 is up 0.2 per cent in afternoon trading. Among the companies with reports and trading updates today are Sainsbury’s, International Distribution Services, Watches of Switzerland, Currys and Dunelm. Read the Thursday 18 January Business Live blog below. > If you are using our … Read more

AI to impact 40% of jobs and widen inequality, warns IMF

By Jessica Clark and John-Paul Ford Rojas Updated: 12:24 GMT, 16 January 2024 Artificial intelligence (AI) will affect 40 per cent of jobs globally with many at risk of disappearing, the International Monetary Fund (IMF) has warned. Millions of roles will be impacted by the rise of AI, which will ‘likely worsen overall inequality’. The … Read more

BUSINESS LIVE: PageGroup profits slip; Crest Nicholson costs rise; Audioboom returns to growth

By Live Commentary Updated: 09:06 GMT, 15 January 2024 The FTSE 100 is down 0.1 per cent in early trading. Among the companies with reports and trading updates today are PageGroup, Crest Nicholson and Audioboom. Read the Monday 15 January Business Live blog below. > If you are using our app or a third-party site … Read more

The UK needs a plan to remain competitive in the creative industries in 2024

By Cécile Frot-coutaz, Head Of Sky Studios Updated: 16:25 GMT, 14 January 2024 Now is a pivotal time for the UK to remain competitive in the creative and cultural industries.  Our vibrant sector can supercharge the economy, continuing to create jobs and investment in Britain, but for this to happen, we need a step-change in … Read more

Burberry issues profit warning as super-rich tighten purse strings

Retailer’s share price tumbled to a three-year low amid profit warning  It reported weaker demand for its expensive trench coats, bags and scarves  By Jessica Clark Updated: 15:42 GMT, 13 January 2024 Extravagant: Singer Shakira for Burberry British designer Burberry issued a profit warning as the super-rich tightened their purse strings over Christmas  The retailer’s … Read more

BUSINESS LIVE: Sainsbury’s lifted by groceries; Greggs to open 160 sites; Persimmon flags market uncertainty

By Live Commentary Updated: 11:58 GMT, 10 January 2024 The FTSE 100 is down 0.3 per cent in afternoon trading. Among the companies with reports and trading updates today are Sainsbury’s, Greggs, Persimmon, Pennon Group, Belvoir Group, Sosandar and The Gym Group. Read the Wednesday 10 January Business Live blog below. > If you are … Read more

BUSINESS LIVE: B&M enjoys strong Christmas; Hays issues profit warning; GSK to acquire Aiolos Bio

By This Is Money Updated: 10:08 GMT, 9 January 2024 Among the companies with reports and trading updates today are B&M, Hays, GSK, Games Workshop, Oxford Nanopore Technologies and Unite Group. > If you are using our app or a third-party site click here to read Business Live Games Workshop posts ‘record results’ at half-year … Read more

Uplift at trading firm CMC Markets gives Tory peer Lord Cruddas £40m windfall

By John-Paul Ford Rojas Updated: 22:01 GMT, 8 January 2024 Shares in two City trading firms surged yesterday after a pick-up in activity at the end of last year. In a boost to Tory donor Peter Cruddas, his company CMC Markets said it saw ‘an improvement in market conditions’ in the last few months. The … Read more

BUSINESS LIVE: Shell margins squeezed; YouGov buys US firm; Trading platforms up profits

By Live Commentary Updated: 08:32 GMT, 8 January 2024 The FTSE 100 is down 0.3 per cent in early trading. Among the companies with reports and trading updates today are Shell, YouGov, CMC Markets, Plus 500 and CMO Group. Read the Monday 8 January Business Live blog below. > If you are using our app … Read more