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Evening StandardFTSE 100 Live 23 April: Blue-chips hit intraday record, public borrowing disappoints
The FTSE 100 index hit a new intraday high this morning after an all-time record close last night. Taylor Wimpey and Primark owner AB Foods have posted updates, while JD Sports Fashion has revealed a US acquisition. London’s FTSE 100 index today stood at a record 8070.55 after adding another 0.6% or 46.68 points on top of last night’s all time high close.
- PA Media: UK News
Susan Hall pledges to stop Ulez expansion in London mayor manifesto
Ms Hall vowed to end what she called the ‘war on motorists’ as she sought to draw battle lines with Sadiq Khan.
- SWNS
Mum makes £10k-a-year hand-crafting earrings and bracelets out of - BEER cans
A mum makes more than £10k-a-year hand-crafting earrings and bracelets out of - beer cans. Carys Miles, 40, launched her unique business, Craft Beerings, five years ago after finishing a can of craft beer. Fascinated by the quirky and colourful designs of the cans and desperate for a creative venture, Carys got to work. She decided to carefully cut and flatten the vibrant cans before cutting them into different shapes - such as studs, hearts and lightning bolts. The raw material is then dried out before being applied to earring mounts - with Carys able to make five pairs of earrings from one can. Though she usually batch-makes the earrings, Carys says she can convert a can to a pair in just 30 minutes. She doesn't add any gloss to the final earrings, with some pairs featuring shiny overlays whilst others are more papery, representing the true texture of the can. Carys made over 960 pairs of the earrings last year and sells them online and at craft fairs for between £10 - £17.50.
- Evening Standard
Putin army offensive for breakthrough in east Ukraine to be 'blunted' by US military aid rushed to frontline
Kyiv is pleading for equipment and munitions to stop Russia seizing Chasiv Yar which could pave the way, if it fell, for a major breakthrough in the war
- The Independent
Rwanda Bill – latest: Rishi Sunak’s asylum plan becomes law after late night row between government and Lords
Lords cave to pressure and withdraw final amendment to the Rwanda bill
- Reuters
German business activity returns to growth in April, PMI survey shows
Germany's private sector unexpectedly returned to growth in April, driven by a solid rise in activity in the country’s service sector, a preliminary survey showed on Tuesday. The composite PMI index tracks the services and manufacturing sectors that together account for more than two-thirds of the German economy. "Factoring in the PMI numbers into our GDP Nowcast, we estimate that GDP may expand by 0.2% in the second quarter, following an estimated 0.1% growth in the first quarter," said Cyrus de la Rubia, chief economist at Hamburg Commercial Bank.
- Evening Standard
Tinder adds 'share my date' safety feature to dating app
Share My Date will launch in the upcoming months in the UK and other countries
- The Guardian
FTSE 100 hits record high as shares rise amid hopes of interest rate cuts
UK’s blue-chip index rises to 8,076, surpassing previous high of 8,047 in February 2023
- Cover Media
Morgan Wallen speaks out about recent arrest
Wallen was arrested on April 7 "in downtown Nashville for reckless endangerment and disorderly conduct," according to attorney Worrick G. Robinson.The country star threw a chair off the roof of Chief's bar which landed near police officers below on the street. Wallen took to X on April 19 to publicly address the incident, NBC News reports. "I didn't feel right publicly checking in until I made amends with some folks. I've touched base with Nashville law enforcement, my family, and the good people at Chief's. I'm not proud of my behavior, and I accept responsibility."
- The Independent
All 10 crew members killed after two naval helicopters collide mid-air during training in Malaysia
Aircraft collide during training session ahead of Royal Malaysian Navy celebrations
- Hello!
Baby Reindeer's Richard Gadd speaks out amid speculation over 'real life' Martha and Darrien
Baby Reindeer star Richard Gadd has spoken out about viewer speculation over the real-life people who inspired the characters of Martha and Darrien, saying people he "loves" are getting caught up in the rumours…
- Insider Monkey
Is CME Group (CME) Far From an Average Business?
Cooper Investors, an investment management firm, released its “Cooper Investors Global Equities Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund returned 7.4% in the first quarter, compared to a 9.4% return for the benchmark MSCI ACWI. The market rally, which started in late October 2023, has […]
- The Telegraph
Inheritance tax take hits record £7.5bn after stealth raid by Hunt
Inheritance tax receipts surged to a record high last year following a stealth raid by Jeremy Hunt.
- PA Media: UK News
UK annual government borrowing higher than forecast in blow to Chancellor
The ONS estimated that full-year public sector net borrowing was £120.7 billion in 2023-24, £6.6 billion more than predicted.
- BBC
Can Tales of Kenzara: Zau unlock a new world of video game stories?
Abubakar Salim set up his own studio to tell a personal tale of grief inspired by his Kenyan heritage.
- Reuters
ECB should be very cautious about post-June rate cuts, de Guindos says
The European Central Bank will cut interest rates in June but needs to be very cautious about subsequent moves and take into account signals from the U.S. Federal Reserves, ECB Vice President Luis de Guindos said in a newspaper interview. "Assuming there are no surprises between now and then, as you say in French, it's a 'fait accompli'," French newspaper Le Monde quoted de Guindos as saying in Tuesday. Markets see two more rate cuts after June, most likely in September and December, but expectations have retreated in recent weeks on fears the Fed itself will delays cuts, possibly into next year.
- BBC
Rishi Sunak's Rwanda bill to become law after late-night showdown
Parliamentary stand-off ends, opening the way for asylum seekers to be sent to the African country.
- The Independent
Voices: Why don’t the English get a day off for St George’s Day? We don’t deserve it
COMMENT: England is a divided country. A bank holiday to revel in our shared cultural identity would be laughable – remember the Festival of Brexit? – and would do precious little to restore national pride, says Femi Oluwole
- PA Media: Sport
Barcelona could demand Real Madrid replay if ‘phantom goal’ deemed legal
VAR ruled Lamine Yamal’s shot had not crossed the line during Barca’s 3-2 defeat at the Bernabeu
- HuffPost UK
'They Are Not Deterred': BBC Presenter Tells Tory Minister Rwanda Plan Is Not Working
Michael Tomlinson was left squirming at footage of asylum seekers preparing to cross the Channel this morning.