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If Aidan Barclay was feeling the strain from his family’s financial troubles, he showed little sign of it as he hailed a deal to shore up their retail empire, Very Group.
The Barclay family’s retail operations reversed a decline in sales as customers turned to its “buy now, pay later” business model over Christmas. The Very Group reported a 3.4 per cent increase in
What a pity it is that Prime Minister Rishi Sunak and his team have thus far been so ineffectual at extolling the bounce-back from the depths of the Liz Truss horror show of October 2022.
On Wednesday this week, it will be the 40th anniversary of the launch of the FTSE 100. The index has, not surprisingly, changed a lot since it was conceived...
The FTSE 100 turns 40 on January 3, having launched on that date in 1984 at a starting value of 1,000. The UK’s market benchmark currently stands at a little under 7,500, which might not sound too bad – until you consider that it came within a whisker of hitting 7,000 as long ago as New Year’s Eve 1999. Footsie’s early years were significantly more rewarding for investors than its late teens and early adulthood have been. Until the bursting of the dot.com bubble in 2000, the index only fell twic