FTSE 100 Live: Stocks jump ahead of interest rate decision; oil at two-month low
Welcome back to City AM ‘s FTSE 100 liveblog. Global investors are still revelling in the US midterms, which have left stock markets across the world rallying. The FTSE 100 is extending yesterday’s 1.8 per cent as the…
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Food, fuel and taxes – can the Democrats actually make life cheaper?
In Texas, Kim Hanks, who owns Tillies, a hotel, restaurant and spa business near Austin, says rising grocery and fuel costs are forcing her to raise wages for her 300 staff. "It's been such a moving target for us on…
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Consultancies vulnerable as government plots non-compete axe
In the Budget, John Healey confirmed that the government is introducing legislation to reform non-compete clauses in employment contracts across the economy, in a bid to lubricate the labour marker for startups and…
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Are you the only one at work who’s not having an office romance?
Everybody is at it and the upcoming Christmas party is when it’s most likely to happen, discovers a shocked James Ford I have been thinking a lot about Aerosmith lately. They are America’s bestselling hard rock band…
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Burnham’s Ten Year Plan: a Poundland in every postcode?
Expect a ban on Smoky Bacon flavour crisps and a state-run Poundland in every postcode. The PM’s ‘Brexit reset’ will see the UK sign up to all the latest EU rules on food packaging, meaning (among other things) that…
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The West may soon need Ukraine’s weapons as much as Ukraine needs ours
But as the war has ground on, Ukraine is increasingly becoming reliant upon its own locally developed and produced technology and weapons. In April this year, the Ukrainian government noted that over 50 per cent of…
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Lord Peter Cruddas: When I first discovered the internet, I actually tried to buy it
Big mistake, I should’ve left at 14! Talents: Biggest perk of the job?: Keeping me young Coffee order: Strong flat white Cocktail order: Matcha Favourite book: Passport to Success, written by me! What was your first job?…
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Britain is hooked on Halloween and Traitors – and that’s a recession indicator
Halloween has become big business, and Celebrity Traitors proves it. But this cultural obsession reveals something very wrong with the British economy, writes Matt Kenyon Just after 8pm last Saturday, it struck me that…
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Entrepreneurship is no longer a niche pursuit for young people
But they would do well to acknowledge that entrepreneurship is just as legitimate a route into the workplace, and it’s one young people are taking up by themselves. The Chancellor’s Autumn Budget did contain encouraging…
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Pound rises to its highest level since the Brexit referendum
Sterling has risen notably in recent weeks against the euro and the dollar, ahead of an expected rise in interest rates. The most-watched measure of the value of the British currency against a basket of 18 of the world's…
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