
Former newspaper delivery boy. Now business editor of @thetimes and (proud) south Londoner
South London
Joined January 2009
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A "do no harm" UK budget, big tech’s AI reality check, and the 40th anniversary of the City’s Big Bang. Up to date? Ready for the week ahead? The Sunday Pivot your four-minute guide to the week ahead in business and markets and Sunday paper review.
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Richard Fletcher retweeted
It is an extraordinary failure that the BBC has the resources to do genuine public interest journalism that is much less viable commercially (from foreign correspondents to long-form local reporting) but instead we get relentless lowest common denominator nonsense
GTA 6: Can you cheat on someone with a video game character? bbc.in/4egQBjw
The challenge facing the chancellor John Healey ahead of the budget will be laid bare this week with the release of public sector borrowing data alongside a raft of official economic statistics.
Up to date? Ready for the week ahead? The Sunday Pivot your four-minute guide to the week ahead in business and markets and Sunday paper review.
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Up to date? Ready for the week ahead? The Sunday Pivot your four-minute guide to the week ahead in business and markets and Sunday paper review.
US earnings season kicks off this week and the expectation if for another quarter of bumper profits with analysts forecasting a near 30% year-on-year rise in profits for the S&P 500, setting up a third consecutive quarter of 25% plus growth.
Will record earnings be enough to push stock markets higher, or will pressure on banks and dealmaking trigger a broader slowdown?
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For the last 14 years I listened to people calling me guilty. For the last year I listened to people saying I was not exonerated and we won on a technicality. Well Friday changed that. The case in law we were subjected to was so egregious it could not even withstand a guilty plea
US earnings season is here and the expectations are for another quarter of bumper profits with analysts forecasting a near 30% year-on-year rise in profits for the S&P 500, setting up a third consecutive quarter of 25% plus growth.
Wall Street banks are among the first to update against a backdrop of rising bond yields and a 13% drop in the KBW Bank Index since August.
Will record earnings be enough to push stock markets higher, or will pressure on banks and dealmaking trigger a broader slowdown?
Up to date? Ready for the week ahead? Read the Sunday Pivot for your four-minute guide to the week ahead in business and markets and Sunday paper review.
richardfletcher2.substack.co…
Up to date? Ready for the week ahead? Read the Sunday Pivot for your four minute guide to the week ahead in business and markets and Sunday paper review.
richardfletcher2.substack.co…
Richard Fletcher retweeted
This is precisely why Emirati ownership of The Spectator or Daily Telegraph would have been fatal.
Buying cultural assets is part of an influence operation. UK looks the other way as Emiratis give a 21-gun salute to Putin, berth Xi’s ships etc.
**EXCLUSIVE**
Manchester City chairman Khaldoon Al Mubarak met a senior UK government minister to discuss the UAE’s investments in Britain just days before the club’s guilty verdicts were announced.
Al Mubarak asked to meet Business Secretary Jonathan Reynolds on 14 September in his capacity as CEO of Mubadala Investment Company, the Abu Dhabi sovereign wealth fund, sources tell Bloomberg.
The pair held a private meeting in Downing Street on that date, the people said. Al Mubarak talked about current and future UAE investment in Britain, they said.
The conversation covered the full range of the relationship including defence, security, intelligence and trade, they said.
Eleven days later, on 25 September, the Athletic reported Man City had been found guilty of breaking Premier League rules.
On 29 September, the Premier League confirmed Manchester City had been found guilty of artificially boosting its balance sheet by more than £900 million.
The fact of the meeting so close to the verdict will raise further questions about the UK government’s handling of the case.
Andy Burnham has faced criticism, including from his own ministers and officials, after he publicly suggested Man City’s Abu Dhabi owners should not be disqualified from running the club because of the investment they bring to Britain.
Earlier, Bloomberg reported that Emirati officials have warned the UK government that the severity of the ruling could undermine their appetite for future grand-scale commitments in Britain.
bloomberg.com/news/articles/…
Great read …
theguardian.com/football/202…
How big a hit have airlines and travel operators taken from rising fuel costs and falling customer confidence?
Start the week on the right foot with the Sunday Pivot: my 4 minute guide to the stories I expect to dominate the week ahead in business and economics. 🔗 in the comments
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Up-to-date? Ready for the week ahead? Start the week on the right foot with the Sunday Pivot: my free 5.5 minute personal guide to the stories I expect to dominate the week ahead in business and economics.
richardfletcher2.substack.co…
It is a crucial week for markets and chancellor John Healey. Up-to-date?
Start the week on the right foot with the Sunday Pivot: my 5.5 minute personal guide to the stories I expect to dominate the week ahead in business and economics.
🔗 Link to read (and subscribe) for free in the comments
richardfletcher2.substack.co…
Ready for the week ahead? This week's Sunday Pivot: my personal guide to the week ahead in business and economics
1️⃣ Shares in Shein, the Chinese fast-fashion retailer, will begin trading in Hong Kong in the early hours of Tuesday morning after the traditional gong-striking ceremony.
2️⃣ Tim Cook steps down as Apple’s chief executive tomorrow — after 15 years in charge.
3️⃣ Will the Federal Reserve raise interest rates? We'll get further clues with the release of the closely watched US jobs report on Friday.
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