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Morning Wire Content

  • City watchdog faces criticism after declining to expand SME access to complaints service

    October 24, 2023

    Businesses groups have warned that firms may be unable to access justice after the Financial Conduct Authority (FCA) decided against expanding access to the Financial Ombudsman Service (FOS).

  • Sharon White: Departing John Lewis boss calls for ‘cross-party’ effort to fix ailing high streets

    October 24, 2023

    The 56-year-old former Ofcom boss, confessed that department store John Lewis is now 60 per cent online and 40 percent physical. 

  • Anthropic founder calls for a ‘race to the top’ in AI safety 

    October 24, 2023

    Jared Kaplen, co-founder and chief science officer of Anthropic, warned that as AI systems grow increasingly potent and capable of acting autonomously, they could be misused by companies, governments and individuals.

  • Crypto market surges to yearly high on spot Bitcoin ETF hints

    October 24, 2023

    Bitcoin is trading for more than $34,475 this morning, up 12% overnight and in the green by 20% over seven days.

  • Chick-fil-A to cook up opportunity for UK business owners and entrepreneurs

    October 24, 2023

    US fast food chain Chick-fil-A plans to introduce a whole new flavour of opportunities for business owners and entrepreneurs by debuting in the UK.

  • Birkin bags help drive sales for Hermès

    October 24, 2023

    The company said that its European arm was boosted by the loyalty of local clients and the “dynamics” of tourist flows. 

  • FTSE 100 close: London ticks up on economic data, banking stocks pare losses

    October 24, 2023

    London’s FTSE indices closed higher on Tuesday, paring losses from this morning as investors mulled key economic data and the state of the UK’s banking sector. The blue-chip FTSE 100 traded 0.2 per cent higher at 7,389.70, while the mid-cap FTSE 250 dropped 0.38 per cent to 16,994.10. Investors weighed S&P Global’s Purchasing Managers’ Index, [...]

  • Anglo American’s copper productions soar on its decarbonisation journey

    October 24, 2023

    Report by Anglo American reveals a four per cent decrease in copper production in Chile and a more promising 43 per cent increase in Peru.

  • On the Beach calls for CMA to stop low cost carriers’ ‘aggressive tactics’ as long-running feud heats up

    October 24, 2023

    A long-running feud between online travel groups and low-cost carriers is heating up, after On the Beach called on the CMA to step in.

  • Giffgaff hungry for more as it looks to extend portfolio and review prices

    October 24, 2023

    Giffgaff, the mobile phone network operator, is looking to extend its portfolio and review contract prices as early next year, the chief executive has revealed. 

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