Monthly Archives: October 2022

Credit Suisse plans to push ahead with China expansion after the overhaul

By Selena Li HONG KONG (Reuters) – Credit Suisse is driving expansion in China, with the country and Hong Kong expected to record the fastest pace of staff growth in Asia, its regional head said, even as the Swiss bank’s turnaround strategy translates into job losses elsewhere. Beset by years …

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The Sage Group plc (LON:SGE) stock has put in a decent performance: do financials matter?

Sage Group (LON:SGE) shares are up 4.9% over the past month. Since stock prices are typically aligned with a company’s financial performance over the long term, we decided to investigate whether the company’s decent financials played a role in the recent price action. In this article, we have chosen to …

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Strike chaos beckons for Tower Bridge

Major tourist attractions like Tower Bridge could be disrupted as City of London Corporation workers prepare to strike against their “extremely wealthy” employer. The City of London Corporation, the municipal authority for historic central London, employs 1000 GMB union members as guides, parking attendants, technicians and more. But strike chaos …

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Qatar showered British MPs with gifts ahead of the World Cup | Qatar

Qatar spent more money on gifts and travel for British MPs than any other country last year observer Analysis revealing Gulf state lobbying ahead of next month’s soccer World Cup. The Qatar government gave gifts worth £251,208 to MPs in the 12 months to October 2022, including luxury hotel stays, …

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According to Citizens Advice, one in four mortgage holders will not be able to afford monthly payments if they raise £100

One in four mortgage holders will not be able to afford to increase monthly payments by £100 and almost half will struggle if they increase £250, says Citizens Advice Citizens Advice research highlights the risk if interest rates continue to rise One in 7 mortgage holders have already reduced their …

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NoHo Partners Plc Q1-Q3 2022 Interim Report Briefing on 8 November 2022 at 10am EET at Teatteri Restaurant

NoHo Partners Oyj NoHo Partners Plc INVESTOR NEWS OCTOBER 28, 2022 AT 1:00 PM EET NoHo Partners Plc Q1-Q3 2022 Provisionally Report briefing on November 8th 2022 at 10 EET at restaurant theater NoHo Partners Plc will publish its interim report for 1 January to 30 September 2022 on Tuesday …

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Live news updates October 27: Musk vows not to turn Twitter into ‘hellscape’, Putin denies plans to use nuclear weapons

Sporadic lockdowns in China caused Volvo Cars to cut its delivery targets for the year, while rising costs and the need to buy semiconductors on the open market hurt third-quarter profits. The Swedish carmaker, backed by China’s Geely, initially expected wholesale deliveries this year to be flat compared to 2021. …

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UK infrastructure at risk from climate crisis due to government ‘extreme weakness’ | infrastructure

Britain’s national security is at risk because ministers fail to prepare for the rising risks of extreme weather events stemming from the climate crisis, a parliamentary inquiry has warned. The Joint Committee on National Security Strategy said the UK’s Critical National Infrastructure (CNI) had been laid bare because of “extreme …

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Banks restrict mortgage lending when interest rates rise

UK property: Demand for consumer credit is expected to rise 7.2% this year as the cost of living and inflationary pressures rise. Photo: May James/Reuters Banks are expected to rein in UK property lending as they grapple with higher interest rates, a riskier economic outlook and volatility in the markets. …

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Following the recent £11m drop in Advanced Oncotherapy plc’s (LON:AVO) market cap, institutional owners may be forced to take tough action

To get a sense of who really controls Advanced Oncotherapy plc (LON:AVO), it’s important to understand the company’s ownership structure. And the group holding the biggest piece of the pie are institutions with 40% ownership. That is, the group will benefit most when the stock goes up (or lose most …

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Live News Updates: Sterling strengthens as markets react to Johnson retreat

The Hang Seng index fell as much as 5.1% in morning trade, while the CSI 300 slipped as much as 2% © Jérôme Favre/EPA-EFE/Shutterstock Stocks in Hong Kong and China fell sharply on Monday as the country’s delayed release of gross domestic product data unsettled markets. The Hang Seng index …

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Can Rishi Sunak become the new British Prime Minister?

Announcing his bid to run again for Prime Minister of the UK, former Finance Secretary and MP Rishi Sunak said Sunday (October 23) he wanted to repair the economy and unite the Conservative Party. The UK is a great country but we are facing a deep economic crisis. That is …

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Big Technologies plc (LON:BIG) stocks trending higher: Are strong financials guiding the market?

Big Technologies (LON:BIG) has had a great run in the stock market, with its shares up a whopping 23% over the past three months. Given the company’s impressive performance, we decided to take a closer look at its financial metrics, as a company’s long-term financial health typically drives market results. …

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How many episodes does Gangs Of London Season 2 have?

Sky Atlantic television drama Gangs Of London returns for a second season. The modern day gangster drama series was created by Gareth Evans – a filmmaker best known for his films The Raid and The Raid 2. The British action crime series first aired in April 2020 and has since …

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The fastest route to UK growth is through education and closer ties with the EU – The Irish Times

After the 1977 elections, the new Irish government attempted an experiment that ignored ‘orthodox’ economics. There was a spate of public spending funded by borrowing, which the government at the time believed would result in a large and lasting surge in growth. Ministerial speeches have been reassured that growth would …

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Open Banking Expo 2022 in London: Event Summary

Open Banking Fair returned to the UK in 2022. Consisting of nine stages, over 40 sessions and more than 90 industry speakers, the event will host a large number of members of the financial community to discuss all things Open Banking. At a time of economic and political turbulence in …

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Any chance at Smiths News plc (LON:SNWS) 50% undervaluation?

In this article, we’re going to estimate the intrinsic value of Smiths News plc (LON:SNWS) by taking its expected future cash flows and discounting them to their present value. The discounted cash flow (DCF) model is the tool we will use for this. Before you think you can’t get it, …

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UK economic crisis matters to Ireland – The Irish Times

Ireland’s economic links with Britain have diminished over the years, but as our closest neighbor they are still important and so the extraordinary upheaval at Westminster is having an impact here. A stable and healthy UK economy is in Ireland’s interest – but that is a far cry from where …

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Live News Updates: Bank of Canada reports biggest decline in business outlook since 2020

Hello and welcome to the work week. Or is this supposed to be workers’ week? The 20th National Congress of the Chinese Communist Party is taking place in Beijing, and all eyes are on President Xi Jinping ahead of the expected vote for an unprecedented third term. The Financial Times …

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Global machine safety market size and forecast

New Jersey, United States – The report entitled “Global Machine Safety Market Insights, Forecast to 2028‘ is added to Verified Market Research’s market research study archives. The report offers a comprehensive study of the global Machinery Safety Market in relation to the key opportunities and drivers influencing the market growth. …

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Outskirts of the City by Peter Finch

//= do_shortcode(‘[in-content-square]’)?> Edging the City is published by Seren Books Tim Cook Ever since he first encountered Iain Sinclair’s epic circumnavigation of the M25 in 2002 London OrbitalCardiff author Peter Finch has something similar in mind for his hometown. twenty years later outskirts of the city sees the author tracing …

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Biden: The original economic plan from Britain’s Truss was a mistake

PORTLAND, Ore., Oct. 15 (Reuters) – Biden says he wasn’t the only one who thought British Prime Minister Liz Truss’ initial economic plan, which led to a sharp fall in the pound, was a mistake. “I wasn’t the only one who thought it was a mistake.” He told reporters during …

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What is the Crestchic Plc (LON:LOAD) stock price showing?

While Crestchic Plc (LON:LOAD) may not be the most well-known stock at the moment, it has seen a significant price gain of over 20% on the AIM over the past few months. Less funded small caps are more likely to see an opportunity for mispricing due to the lack of …

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Northampton charity BacZac is looking for runners for the London Landmarks Half Marathon

A Northampton cancer charity is encouraging people to get involved and take part in an ‘exciting’ running challenge next year to improve the lives of young people with cancer. BacZac His Legacy is recruiting runners for the London Landmarks Half Marathon to raise “essential donations” for the charity. The event …

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The UK economy is on the brink of recession as it contracts in August

August GDP -0.3% vs. Reuters poll 0.0% The economy also contracted 0.3% in 3 months to August Weigh manufacturing and North Sea oil and gas Consumer-facing services are also weak amid rising inflation LONDON, Oct 12 (Reuters) – The UK economy looks set to slip into recession as data showed …

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With LondonMetric Property Plc (LON:LMP) down 8.3% this week, insiders may find some solace after selling £3.3m worth of shares earlier in the year.

Insiders appear to have made the most of their holdings by selling £3.3million LondonMetric Property Plc (LON:LMP) shares at an average selling price of £2.46 over the past year. The company’s market cap plunged £144 million after the price fell 8.3% last week, but insiders have been able to limit …

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The Budweiser Gardens in London, Ontario are celebrating their 20th anniversary

After lengthy debates at City Hall over where to build the venue, Budweiser Gardens celebrates its 20th anniversary in downtown London, Ontario on Tuesday. “It went by so quickly with so many memories,” says Brian Ohl, Budweiser Gardens’ first and only general manager. When it first opened on October 11, …

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UK unemployment falls to lowest level since 1974

UK unemployment hit a new decade low in the three months to August as long-term illnesses kept more older workers out of the labor market, official data showed on Tuesday. The Office for National Statistics said unemployment stood at 3.5 percent on a renewed surge in economic inactivity — 0.3 …

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Christopher Woodward Obituary | Architecture

The Shopping Building, an indoor shopping center in the heart of the city centre, serves as Milton Keynes’ main street. Opened in 1979 and now renamed Center: MK, it weathers the economic downturn better than most, and its natural lighting makes shopping a more enjoyable experience than other indoor centers. …

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Is BAE Systems plc (LON:BA.)’s recent stock performance a reflection of its financial health?

BAE Systems (LON:BA.) has had a great run in the stock market, with the stock up a whopping 7.5% over the past month. Given the company’s impressive performance, we decided to take a closer look at its financial metrics, as a company’s long-term financial health typically drives market results. Today …

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Opinion: What ‘Fancy a pint?’ really means

Editor’s note: Pete Brown is a British author, journalist, broadcaster and consultant specializing in food and drink. He is the author of several books on beer and pub culture, including Man Walks Into A Pub: A Sociable History of Beer. The views expressed in this comment are his own. View …

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UK cost-of-living crisis puts banks in spotlight to support recovery

Author: Mohit Joshi, President, Infosys. Inflation has struck in the UK a 40-year high and more than 3 out of 4 adults in the UK are concerned about the rising cost of living The UK faces major socio-economic hurdles this winter; Since the Covid-19 pandemic, the nation has seen rising …

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Sanderson Design Group plc (LON:SDG) stock has shown weakness of late, but the financial outlook looks decent: Is the market wrong?

With stock down 16% over the past three months, it’s easy to disregard Sanderson Design Group (LON:SDG). But if you look closely, you might find that the top financial indicators are looking pretty decent, which could mean the stock could potentially go up over the long term, as markets typically …

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London homebuyers live in Herne Hill

For Lottie Mills, a move to Herne Hill nine months ago revolved around Brockwell Park, the 50-acre rolling green space in a south-east London suburb. She rents a house with her brother on a street adjacent to the park and is a member of the lido that was built in …

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UK ends standoff with EU as Brexit deal hopes rise for Northern Ireland | Brexit

Simon Coveney, Ireland’s foreign secretary, is flying to London for talks with his British counterpart James Cleverly amid hopes of a framework agreement to end the bitter row over Northern Ireland’s Brexit deals within weeks. Official-level talks will begin on Thursday afternoon via video link ahead of a working lunch …

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Nanoco Group plc (LON:NANO) institutional investors lost 11% over the past week but benefited from longer-term gains

A look at Nanoco Group plc (LON:NANO) shareholders tells us which group is the strongest. We can see that institutions own the lion’s share of the company at 58%. In other words, the group is exposed to maximum upside (or downside risk). Institutional investors suffered the heaviest losses after the …

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CSyP Annual Dinner | Professional security

The annual Register of Chartered Security Professionals (CSyPs) dinner has become one of the most prominent events on the UK private security calendar. We changed into our tuxedos to attend the 11th anniversary dinner last Monday. Baroness Ruth Henig, as President of the Security Institute, delivered an introductory welcome speech …

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Gove tells Truss to abandon plan to scrap top 45% tax rate after PM admits mini-budget ground should be ‘better laid’ – live | politics

Gove says the government should abandon a plan to end the top 45% tax rate Walk questions from the audience. One man says Gove told the party to meet after the leadership contest. Is he actually following his own advice? Yes, says Gove. He says he has two concerns about …

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Liberal Democrats are exploiting mortgage fears with a barrage of attack ads in Blue Wall seats

In Bracknell Forest, 37.2 percent of homes were mortgage owned in 2020, compared to 37 percent in Wokingham. Wokingham has been represented since 1987 by John Redwood, the veteran Tory backbencher who has been a vocal supporter of Liz Truss’ tax cut policies. Its majority fell from 18,798 in 2017 …

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